Paraquat dichloride is the chloride salt of paraquat. It is mostly utilized as a quick-acting and non-selective herbicide. It can kill a robust variety of grasses and broad-leafed weeds within seconds of application, and it is the main characteristic that differentiates it from other herbicides available in the market. Paraquat chloride is extremely phototoxic, that is why government authorities such as the European Protection Agency (EPA) don't recommend its use.
MARKET DYNAMICS
The paraquat dichloride market has witnessed significant growth owing to factors such as the growing demand for herbicides in emerging economies. Moreover, an increase in agricultural activities and rising need for herbicides in the agriculture industry to get rid of unwanted weeds and plants provides a huge market opportunity for the key players operating in the paraquat dichloride market. However, high cost and stringent government regulations associated with herbicide formulation & use is projected to hamper the overall growth of the paraquat dichloride market.
MARKET SCOPE
The "Global Paraquat Dichloride Market Analysis to 2028"? is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the paraquat dichloride market with detailed market segmentation application, and geography. The global paraquat dichloride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading paraquat dichloride market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global paraquat dichloride market is segmented on the basis of application. On the basis of application, the global paraquat dichloride market is divided into herbicide, desiccant, defoliant and plant growth regulator.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global paraquat dichloride market based on various segments. It also provides marketsize and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The paraquat dichloride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the paraquat dichloride market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the paraquat dichloride market in these regions.
MARKET PLAYERS
The reports cover key developments in the paraquat dichloride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from paraquat dichloride market is anticipated to lucrative growth opportunities in the future with the rising demand for paraquat dichloride in the global market. Below mentioned is the list of few companies engaged in the paraquat dichloride market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the paraquat dichloride market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ankar Industries Ltd.
- Bhaskar Agrochemicals Ltd.
- Canary Agro Chemicals Pvt. Ltd.
- Dow Agrosciences Ltd.
- Jayalakshmi Fertilisers
- Kalyani Industries Pvt. Ltd.
- Sigma-Aldrich Co. LLC
- SinoHarvest
- Syngenta Limited
- Toshi & Company
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