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According to our (Global Info Research) latest study, the global Paraquat market size was valued at USD 90 million in 2023 and is forecast to a readjusted size of USD 46 million by 2030 with a CAGR of -9.1% during review period.
Paraquat is a highly toxic pesticide that is widely used as an herbicide (plant killer), primarily for weed and grass control. It is a toxic chemical which repeatedly causes damage to health and deaths among workers and farmers. So it is banned in Switzerland and the European Union, as well as some African and Asian countries.
Paraquat is used to control weeds before and after planting in more than 100 crops and widely used in farms, plantations and estates and non-agricultural weed control, such as major food crops: corn, rice, soya, wheat, potatoes; major fruits: apples, oranges, bananas; beverages: coffee, tea, cocoa; and processed crops: cotton, oil palm, sugarcane, and rubber.
It is usually available as concentrated (20-24%) dark green solution. But in this report, the volume of paraquat is calculated by 42% TK.
The global paraquat market is led by China, America, Asia (Ex China), while the China is an important producer, accounting for 57% global production market share. At present, the major manufacturers of paraquat are concentrated in Nanjing Redsun, Syngenta, Shandong Luba Chemical, Hubei Sanonda. Nanjing Redsun is the world leader, holding 20% production market share.
The Global Info Research report includes an overview of the development of the Paraquat industry chain, the market status of Farms (Paraquat Aqueous Solution, Paraquat Soluble Granule), Plantations and Estates (Paraquat Aqueous Solution, Paraquat Soluble Granule), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Paraquat.
Regionally, the report analyzes the Paraquat markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Paraquat market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Paraquat market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Paraquat industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Paraquat Aqueous Solution, Paraquat Soluble Granule).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Paraquat market.
Regional Analysis: The report involves examining the Paraquat market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Paraquat market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Paraquat:
Company Analysis: Report covers individual Paraquat manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Paraquat This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Farms, Plantations and Estates).
Technology Analysis: Report covers specific technologies relevant to Paraquat. It assesses the current state, advancements, and potential future developments in Paraquat areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Paraquat market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Paraquat market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Paraquat Aqueous Solution
- Paraquat Soluble Granule
- Paraquat Water Soluble Gel
- Others
Market segment by Application
- Farms
- Plantations and Estates
- Non-agricultural Weed Control
- Others
Major players covered
- Nanjing Redsun
- Syngenta
- Shandong Luba Chemical
- Hubei Sanonda
- Willowood USA
- Solera
- Sinon Corporation
- Shandong Lufeng
- Kexin Biochemical
- Zhejiang Yongnong
- HuBei XianLong
- HPM
- Qiaochang Chemical
- Shandong Dacheng
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Paraquat product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Paraquat, with price, sales, revenue and global market share of Paraquat from 2019 to 2024.
Chapter 3, the Paraquat competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Paraquat breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Paraquat market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Paraquat.
Chapter 14 and 15, to describe Paraquat sales channel, distributors, customers, research findings and conclusion.