China Paraqaut Market Global Outlook and Forecast 2024-2030

The China Paraquat market size was valued at US$ 452.7 million in 2024 and is projected to reach US$ 578.9 million by 2030, at a CAGR of 4.2% during the forecast period 2024-2030.
Paraquat is a widely used herbicide known for its rapid action and effectiveness against a broad spectrum of weeds. It is particularly valued in no-till farming systems and for crop desiccation before harvest.
China's Paraquat market is experiencing moderate growth, despite regulatory challenges, due to its effectiveness and cost-efficiency in agriculture. In 2023, China produced approximately 150,000 metric tons of paraquat, with 60% exported and 40% consumed domestically. The row crop sector remains the largest consumer, accounting for 55% of demand, followed by fruit and vegetable crops at 30% and plantations at 15%. The market saw a significant shift towards safer formulations, with water-soluble granules experiencing a 25% increase in adoption in 2023. Technological advancements have focused on developing controlled-release formulations and safer handling methods, with new products reducing dermal absorption by 40% compared to 2020 standards. The market is witnessing strong growth in paraquat-alternative herbicide mixtures, increasing at 15% annually, driven by resistance management strategies. In 2023, new environmental regulations led to a 30% increase in the use of drift reduction technologies for paraquat application. The industry faces challenges from increasing regulatory scrutiny and bans in some countries, but ongoing research into safer use practices and formulations is helping maintain its position in certain markets. Emerging applications in aquatic weed control are showing promise, growing at 10% CAGR, albeit from a small base of 2% market share. Looking ahead, the export market is expected to remain crucial, with demand from developing countries in Southeast Asia and Africa projected to grow at 6% CAGR through 2030.

This report contains market size and forecasts of Paraqaut in China, including the following market information:
•    China Paraqaut Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    China Paraqaut Market Sales, 2019-2024, 2024-2030,
•    China Top five Paraqaut companies in 2023 (%)

Report Includes

This report presents an overview of China market for Paraqaut , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Paraqaut sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Paraqaut market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Aqueous Solution
•    Soluble Granules
•    Others

Segment by Applications

•    Crop
•    Vegetables
•    Fruit
•    Others

Key Companies covered in this report:

•    Sinochem Group
•    Jiangsu Yangnong Chemical Group Co., Ltd.
•    Zhejiang Wynca Chemical Industry Group Co., Ltd.
•    Nanjing Red Sun Co., Ltd.
•    Jiangsu Huifeng Bio Agriculture Co., Ltd.
•    Jiangsu Changqing Agrochemical Co., Ltd.
•    Anhui Fengle Agrochemical Co., Ltd.
•    Hubei Sanonda Co., Ltd.
•    Shandong Weifang Rainbow Chemical Co., Ltd.
•    Lianyungang Liben Crop Science Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Paraqaut revenues in Chinan market, 2019-2024 (Estimated), ($ millions)
•    Key companies Paraqaut revenues share in Chinan market, 2023 (%)
•    Key companies Paraqaut sales in Chinan market, 2019-2024 (Estimated),
•    Key companies Paraqaut sales share in Chinan market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Paraqaut Market
•    Overview of the regional outlook of the Paraqaut Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

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