Paraquat Dichloride Market - Forecast (2025 - 2031)
Paraquat dichloride (also known as methyl viologen or gramoxone) is an organic compound primarily used as herbicides on agricultural crops such as grains and cereals, pulses and oilseeds, fruits & vegetables and other crops in order to promote their growth and productivity while controlling the growth of weed from destroying such crops. It is also used as a defoliant, desiccant and plant growth regulator that facilitates the growth of the plant while increasing its productivity. The expansion of paraquat dichloride is primarily driven by its usage in the agricultural industry. In 2020, the surge in the COVID-19 pandemic had negatively impacted agricultural production activities as a result of the country-wise shutdown of production sites, shortage of labor and the decline of the supply and demand chain all over the world, thus, temporarily affecting the growth of the paraquat dichloride industry. However, a steady recovery in agricultural production activities has been witnessed across many countries around the world since 2021, which in turn, is driving the demand for paraquat dichloride. For instance, according to the Food and Agriculture Organization (FAO), global agricultural production including wheat and coarse grains is expected to increase by 9% from 2021 to 2030. An increase in agricultural production along with the surging consumer preference for the installation of gardens and lawns in commercial buildings is expected to drive the growth of the paraquat dichloride market size in the upcoming years. On the other hand, health hazards associated with the use of paraquat dichloride may confine the growth of the market
Paraquat Dichloride Market Report Coverage
The "Paraquat Dichloride Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Paraquat Dichloride Market.
By Purity: Less than 90%, 90% to 94%, 95% to 99%, More than 99%.
By Crop Type: Row Crops (Cereal Grains (Wheat, Rice, Barley, Corn, Others), Soybeans, Sugarcane, Cotton, Hay, Others), Horticulture Crops (Fruits (Apples, Grapes, Banana, Watermelons, Pineapple, Others), Vegetables (Tomato, Potato, Onions, Carrot, Others)), Plantation Crops (Tea, Coffee, Others), Turf & Ornamental, Others.
By Application: Herbicides, Defoliant, Desiccant, Plant Growth Regulators.
By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (Middle East (Saudi Arabia, UAE, Israel and Rest of Middle East) and Africa (South Africa, Nigeria and Rest of Africa)).
Key Takeaways
Figure: Asia-Pacific Paraquat Dichloride Market Revenue, 2021-2027 (US$ Million)
For More Details on This Report - Request for Sample?
Paraquat Dichloride Market Segment Analysis – by Crop Type
Row crops held the largest Paraquat Dichloride Market share of over 25% in 2021, owing to the surging production of row crops such as cereal grains, soybeans, cotton and more across the world. For instance, according to the United States Department of Agriculture (USDA), global grain production reached 1,498.9 million metric tons in 2021, an increase of 4.5% in comparison to 1,434 million metric tons in 2020. Moreover, according to the European Union, the total cereal production in Europe reached up to 296.3 million tons in 2021, an increase of 3.4% from 286.5 million tons in 2020. It further states that the total wheat production in Europe reached 119.3 million tons in 2020 and 131.2 million tons in 2021 respectively. Furthermore, in January 2022, the government of Egypt invested around EGP 6.4 billion (US$413 million) for the continuation of its agricultural project. The project will focus on the production of crops such as wheat, maize, cotton and oil.
Paraquat dichloride (also known as methyl viologen or gramoxone) is primarily used as herbicides, defoliant and plant growth regulators on such agricultural crops to promote their growth and productivity while controlling the growth of weeds from destroying such crops. Thus, such surging production of row crops in multiple regions across the world is expected to increase the demand for paraquat dichloride, owing to their above-mentioned usage. This is expected to boost market growth during the forecast period.
Paraquat Dichloride Market Segment Analysis – by Application
The herbicides segment held a significant Paraquat Dichloride Market share of over 18% in 2021, owing to the increasing use of paraquat dichloride as herbicides for the protection of agricultural crops from weeds. For instance, according to the Pesticide Action Network Europe, around 3,50,000 tons of herbicides were sold in Europe in 2019, with the majority of their usage in the agricultural sector. According to the General Administration of Customs in China, the total production volume of herbicides and other agrochemicals reached 1,635,800 tons in 2021, representing an increase of 11.4% year on year. Moreover, recent insights from the Ministry of Commerce, India states that the total production of agrochemicals including herbicides reached 163,000 tons in India in 2021, an increase of 11.9% in comparison to 2020. Furthermore, according to recent insights from the United States Environmental Protection Agency, paraquat dichloride is one of the most widely used herbicides in the United States for the control of weeds in many agricultural and non-agricultural settings. Hence, such surging production of herbicides in multiple regions across the world is expected to increase the demand for paraquat dichloride for the protection of agricultural crops and plants from weeds and to improve its overall yield and productivity. This is expected to expand the paraquat dichloride market size during the forecast period.
Paraquat Dichloride Market Segment Analysis – by Geography
Asia-Pacific held a dominant Paraquat Dichloride Market share of over 30% in the year 2021. The consumption of paraquat dichloride is particularly high in this region due to its increasing demand from the agricultural sector. For instance, according to the US Department of Agriculture, in 2020 the total food crop production in the Asia-Pacific region reached 1026.7 million metric tons in 2021, an increase of 2.7% in comparison to 998.8 million metric tons in 2020. According to the Department of Agriculture & Farmers Welfare, the total vegetable production in India reached 191.8 million metric tons in 2019, an increase of 4.7% in comparison to 2018. Furthermore, the total oilseed crop production in the Asia-Pacific region reached 127.6 million metric tons in 2020 and 131 million metric tons in 2021, representing a growth of 2.6% in 2021.
领英推荐
In this way, such increasing production of food crops in the Asia-Pacific region is expected to drive the demand for paraquat dichloride (also known as methyl viologen or gramoxone), owing to its ability to control the growth of weeds from destroying the crops and act as plant growth regulators that facilitate the growth of the crops while increasing its productivity. This is anticipated to fuel the growth of the market during the forecast period.
Paraquat Dichloride Market Drivers
An increase in agricultural production
The ability of paraquat dichloride for use as herbicides, defoliant, desiccant and plant growth regulators for controlling the growth of weeds and improving the overall crop yield and productivity makes them ideal for use in agricultural production activities. For instance, according to the US Department of Agriculture, global food crop production reached 2,791.5 million metric tons in 2021 and 2,719.7 million metric tons in 2020, representing an incline of 2.57% in 2021 as compared to 2020. In September 2021, the Spanish government invested around EUR 13 million (US$15.4 million) in order to fund the country’s agricultural projects that aim at increasing the country’s food crop production capacity. Moreover, according to the Food and Agriculture Organization, China produced around 588.26 million metric tons of vegetables in 2019. Furthermore, according to the European Union, the total production of fruits in the European region reached around 36.8 million metric tons in 2020, among which apples and pears production were the highest at 14.3 million metric tons, equivalent to 38.9% of the total fruit production in the region. Hence, such surging agricultural production across multiple regions is expected to increase the demand for paraquat dichloride, owing to their above-mentioned benefits. This is anticipated to drive the growth of the market in the upcoming years.
Surging consumer preference towards the installation of gardens and lawns in commercial buildings
The inclusion of gardens and lawns in commercial buildings offers pleasing aesthetics and aromas along with a range of other benefits. The presence of gardens and lawns in a building can act as a natural coolant and air cleaners, as they play a significant role in absorbing carbon dioxide, dust and other pollutants while producing oxygen and improving the overall air quality. Moreover, lawns and plants can considerably reduce noise pollution and are capable of reducing noise levels by 20% to 30%. Furthermore, gardens and lawns help in preventing erosion and protect the water quality by absorbing the excess runoff during rainfall. Owing to these benefits, consumer preference towards the installation of gardens and lawns in commercial buildings has been increasing in recent years, which in turn, is expected to drive the demand for paraquat dichloride in order to protect such gardens and lawns from damage caused by unwanted weed growth while promoting the growth of the plants. For instance, recent insights from the United States Environmental Protection Agency state that paraquat dichloride is also commonly used in non-agricultural areas in the U.S. such as commercial sectors including tree plantation areas or gardens to control weed growth in such areas while facilitating the growth of the plants. Thus, such increasing usage of paraquat dichloride for weed control in tree plantation areas, gardens or lawns installed in commercial buildings is expected to propel the market growth in the upcoming years.
Paraquat Dichloride Market Challenges
Health hazards associated with the use of paraquat dichloride
Paraquat dichloride (also known as methyl viologen or gramoxone) is considered hazardous under EU Regulation (EC) No 1272/2008. They are known to cause acute toxicity in case of ingestion. Prolonged exposure to this chemical may cause dizziness and vomiting, along with specific organ toxicity in severe cases. Moreover, according to the Centers for Disease Control and Prevention, ingestion of small to medium amounts of paraquat dichloride may lead to the development of adverse health effects such as kidney failure, heart failure or liver failure within several days or weeks of ingestion. Meanwhile, ingestion of large amounts of paraquat dichloride may lead to lung scarring, coma, pulmonary edema, seizures or respiratory failure possibly leading to death within a few hours to a few days of ingestion. Furthermore, it is considered to be hazardous to the aquatic environment as well and can cause long-term effects on aquatic life. Thus, such health hazards associated with the use of paraquat dichloride may confine the growth of the paraquat dichloride industry during the forecast period.
Paraquat Dichloride Industry Outlook
Technology launches, acquisitions and increased R&D activities are key strategies adopted by players in the Paraquat Dichloride Market. The top companies in Paraquat Dichloride Market are:
?Key Market Players:
The Top 5 companies in Paraquat Dichloride Market?are:
About IndustryARC?:
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.
Contact Us: https://tinyurl.com/ru7ha6b5
Website URL: https://www.industryarc.com/