Insights and Prediction of Paraquat Global Market Report (2019-2026)

Insights and Prediction of Paraquat Global Market Report (2019-2026)

The newly Paraquat market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.

Product Information

Paraquat is an organic compound with the chemical formula [(C6H7N)2]Cl2. It is classified as a viologen, a family of redox-active heterocycles of similar structure. Paraquat was manufactured by Chevron. This salt is one of the most widely used herbicides. It is quick-acting and non-selective, killing green plant tissue on contact.

On the basis of products, the various types include Paraquat Aqueous Solution, Paraquat Soluble Granule, Paraquat Water Soluble Gel, and Other. On the basis of application, the Paraquat market is segmented into Farms, Plantations and Estates, Non-agricultural Weed Control, and Other.

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Market Insights

According to a new research study, the Paraquat market size is expected to reach USD 55 million by 2026 from USD 109 million in 2019, with a compound annual growth rate of -9.3% during the forecast period.

Owing to effective herbicide, crop desiccant and defoliant, paraquat has widened its application in agricultural purpose, which is a significant factor driving market growth. Rising demand for better herbicides for better yield quality and quantity is again favoring the market growth. However, ban imposed by EU nations and other developed countries on usage of paraquat owing to highly toxic to humans, is restraining the market’s growth.

Regional Segment Analysis

The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

The Asia Pacific region and North America are expected to take a prominent position in the international paraquat market and become the leading region that can significantly increase demand during the forecast period 2019-2026. Based on raw materials and applications, Southeast Asia and South Asia are anticipated to help attract attractive growth in regional markets. Europe may be a region that relies on the presence of strong players and high dependence on them to collect growth.

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Competitive Players

The report covers detailed competitive landscape including company profiles of key players operating in the global market. The leading vendors in the market are Nanjing Redsun, Syngenta, Shandong Luba Chemical, Hubei Sanonda, and Willowood USA. Other prominent vendors in the market are Solera, Sinon Corporation, Shandong Lufeng, Kexin Biochemical, Zhejiang Yongnong, HuBei XianLong, HPM, Qiaochang Chemical, Shandong Dacheng, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and so on.

Paraquat Market Report Spotlights

Paraquat is banned in Switzerland and the European Union as well as in some African and Asian countries. It is restricted to licensed technicians in the United States. In July 2016, the production and use of paraquat in China was inevitably prohibited from entering the market. Therefore, the production of paraquat is declining in recent years.

In the past few years, the largest export destinations for Chinese paraquat are Indonesia, Thailand, Brazil, Malaysia and Australia. In the future, global market output is expected to drop sharply, so the production of paraquat will decline steadily in the next few years. In terms of product prices, the trend of slow decline in recent years will be maintained in the future.

Key questions answered in the report

l   What will the market size and growth rate be in 2026?

l   What segment or region will drive or lead the market growth and what are the reasons?

l   How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?

l   What key strategies are used by top vendors to increase revenue?

Target Audience for this Report

l   Paraquat manufacturers

l   Paraquat importers and exporters

l   Paraquat traders, distributors, and suppliers

l   Raw material suppliers of Paraquat

l   Paraquat industry associations

l   Product managers, Paraquat industry administrator, C-level executives of the industries

l   Market Research and consulting firms

l   Small and Medium-sized Enterprises (SMEs)

l   Government agencies and NGOs

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Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Paraquat Market

…

2 Market Trends and Competitive Landscape

3 Segmentation of Paraquat Market by Types

4 Segmentation of Paraquat Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Paraquat Market in Major Countries

7 North America Paraquat Landscape Analysis

8 Europe Paraquat Landscape Analysis

9 Asia Pacific Paraquat Landscape Analysis

10 Latin America, Middle East & Africa Paraquat Landscape Analysis  

11 Major Players Profile

11.1 Nanjing Redsun

11.1.1 Nanjing Redsun Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Syngenta

11.3 Shandong Luba Chemical

11.4 Hubei Sanonda

11.5 Willowood USA

11.6 Solera

11.7 Sinon Corporation

11.8 Shandong Lufeng

11.9 Kexin Biochemical

11.10 Zhejiang Yongnong

11.11 HuBei XianLong

11.12 HPM

11.13 Qiaochang Chemical

11.14 Shandong Dacheng

…

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