Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- 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 banned in Switzerland and the European Union, as well as some African and Asian countries. It is restricted for use only by licensed technicians in the United States. In July, 2016, the production and use of paraquat in China is unavoidably banned from market. So the production of paraquat in recent years is decreasing.

In the past few years, the biggest export destinations for Chinese paraquat were Indonesia, Thailand, Brazil, Malaysia and Australia. In the future, global market is expected to witness significant decrease of production, so in the next few years, paraquat production will show a trend of steady decrease. In 2022 the production of paraquat is estimated to be paraquat 39.4 K MT. On product prices, the slow downward trend in recent years will maintain in the future.

The global Paraquat market was 130 million US$ in 2018 and is expected to 60 million US$ by the end of 2025, growing at a CAGR of -9.5% between 2019 and 2025.

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This report studies the Paraquat market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Paraquat in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

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

By the product type, the market is primarily split into

Paraquat Aqueous Solution

Paraquat Soluble Granule

Paraquat Water Soluble Gel

Others

By the end users/application, this report covers the following segments

Farms

Plantations and Estates

Non-agricultural Weed Control

Others

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