openPR Logo
Press release

Paraquat Dichloride Market - Positive Long-Term Growth Outlook 2023

Paraquat Dichloride Market - Positive Long-Term Growth Outlook

Paraquat dichloride is a chloride salt of paraquat and is known as 1, 1- dimethyl-4, 4’-bipyridinium. Paraquat dichloride is organic in nature and is classified as a viologen, which is a family of redox - active heterocyclic’s of similar structures. The name of the organic compound is derived from its para position of quaternary nitrogen. Paraquat dichloride, when ingested by humans or animals is very harmful in nature and is connected to the development of the Parkinson’s disease.

The key application of paraquat dichloride is its use as an herbicide. The compound is a non-selective and quick acting herbicide and kills plant tissues directly on contact. The main characteristics that distinguish paraquat dichloride from other herbicides are that the compound kills various broad-leafed weeds and grasses. In addition, the compound also aids in eradicating established perennial weed. Moreover, paraquat dichloride is extremely fast acting and helps in getting rid of unnecessary weeds within seconds of application. Additionally, the organic compound is partially inactivated when it encounters soil. Due to these properties, paraquat dichloride is used extensively in the growth of no- till farming. In the recent present, the compound has been labeled as ‘restricted use’ due to its harmful properties.

Get PDF Brochure for more Professional and Technical insights:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6835

Paraquat dichloride’s’ herbicidal properties are what have been driving its market. The demand for herbicides has increased in order to get rid of unwanted plants and weeds in forest areas, for reforestation, to clear weeds, which hamper the cultivation and the growth of crops among others. Due to its persistent nature it is very difficult to get rid of the chemical and thus it seeps into ground water and contaminate it, thus reducing the quality of drinking water. It is extremely phototoxic and land that has been treated with paraquat dichloride has caused astonishingly huge damage to crops, particularly tobacco and potatoes. Due to these factors, both the Ecological Effects Branch (EEB) and the Environmental Fate and Ground Water Branch of the U.S.

Environmental Protection Agency (EPA) recommended that the use of this chemical be stopped. The EPA did not comply with these recommendations after they evaluated the health and the safety testing that was submitted for paraquat dichloride as they found that it met the current standards. Taking all this into consideration the market demand for paraquat dichloride is still high and this trend will continue for the next few years after which its demand may decrease owing to its harmful effects on plants, which will outweigh its good effects.

The major market segments for Paraquat dichloride include North America, Europe, Asia Pacific and Rest of the World (RoW).The chemical is being used in the U.S. since 1963. In 1995, the EPA reregistered it as a restricted use product. Pestanal is being marketed in the U.S. on a large scale. Due to its numerous grasslands, agricultural and irrigation practices, Asia Pacific also has a large market for this product especially in emerging countries like India and China. The demand for this paraquat, dichloride is anticipated to increase largely in RoW due to the growing agricultural activities in countries like Brazil and Uruguay. However, since 2007 the European Union has banned the use of paraquat dichloride in certain countries. Hence, the demand for the compound is Europe not expected to increase by a large scale over the forecast period. One of the key companies manufacturing paraquat dichloride is Dow AgroSciences Ltd.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Middle East and Africa
Latin America

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Paraquat Dichloride Market - Positive Long-Term Growth Outlook 2023 here

News-ID: 453996 • Views:

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends from
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetium‐99m
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,

All 5 Releases


More Releases for Paraquat

Paraquat Market Rewriting Long Term Growth Story| Syngenta, Nufarm, Kenso
The latest study released on the Global Paraquat Market by HTF MI evaluates market size, trend, and forecast to 2031. The Paraquat market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Key Players in This Report
Paraquat Market Opportunities, Sales, Revenue, Gross Margin & Trends Analysis Re …
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 used to control weeds before and after planting in more than 100 crops
Paraquat Market by Trends, Opportunities, Drivers, Challenges & Forecast to 2028
DataBridge adds “Paraquat Market Forecast to 2028 – COVID-19 Impact and Global Analysis” to its store providing analysis of the current and future market competition in the market. The global Paraquat market is segmented on the basis of offering, component, building type. Based on offering, the Paraquat market is segmented into solution and services. On the basis of component, the market is segmented into security & surveillance, asset management, sales
Paraquat Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the Paraquat market analysis, which studies the Paraquat's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “Paraquat Market 2020-2025” Research Report categorizes the global Paraquat market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities and trends,
Paraquat: Global Product Intelligence (2015-2020)
ReportsWorldwide has announced the addition of a new report title Paraquat: Global Product Intelligence (2015-2020) to its growing collection of premium market research reports. The report “Paraquat: Global Product Intelligence” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The report “Paraquat: Global Product Intelligence (2015-2020)” provides market intelligence on the different segments of
Paraquat Dichloride Market - Global Industry Analysis 2023
Paraquat dichloride is a chloride salt of paraquat and is known as 1, 1- dimethyl-4, 4’-bipyridinium. Paraquat dichloride is organic in nature and is classified as a viologen, which is a family of redox - active heterocyclic’s of similar structures. The name of the organic compound is derived from its para position of quaternary nitrogen. Paraquat dichloride, when ingested by humans or animals is very harmful in nature and is