Los Angeles, CA -- (SBWIRE) -- 02/15/2019 -- 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 is valued at 130 million US$ in 2018 is expected to reach 60 million US$ by the end of 2025, growing at a CAGR of -9.5% during 2019-2025. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

This report focuses on Paraquat volume and value at global level, regional level and company level. From a global perspective, this report represents overall Paraquat market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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The following manufacturers are covered:

Nanjing Redsun

Syngenta

Shandong Luba Chemical

Hubei Sanonda

Willowood USA

Solera

Sinon Corporation

Shandong Lufeng

Kexin Biochemical

Zhejiang Yongnong

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Paraquat Aqueous Solution

Paraquat Soluble Granule

Paraquat Water Soluble Gel

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Segment by Application

Farms

Plantations and Estates

Non-agricultural Weed Control

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