| Product Code: ETC6187618 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s import trend for paraquat in 2024 exhibited a growth rate of 10.77% compared to the previous year, with a compound annual growth rate (CAGR) of -40.27% from 2020 to 2024. This sharp increase in import momentum in 2024 could be attributed to a shift in demand dynamics or changes in market stability, potentially influenced by evolving trade policies or regulatory frameworks.
Australias paraquat market is shaped by its use as a non-selective herbicide in agriculture and weed control. Regulatory scrutiny over paraquats toxicity and environmental impact influences market dynamics, with some restrictions impacting its usage. Despite this, paraquat remains valued for its effectiveness and cost-efficiency. The market is witnessing gradual shifts towards safer alternatives and integrated weed management practices due to increasing sustainability concerns.
The Australia paraquat market faces challenges due to regulatory restrictions stemming from health and environmental concerns. However, it remains in use for weed control in specific agricultural applications. Trends show a shift towards safer and alternative herbicides, with increasing adoption of integrated pest management practices and stricter compliance regulations.
The paraquat market is highly challenged by strict regulatory scrutiny due to the chemicals toxicity and associated environmental and health risks. Many countries, including Australia, have imposed bans or severe usage restrictions, impacting market availability. Public and environmental advocacy groups increase pressure on regulatory agencies, which affects market stability. Moreover, the emergence of safer herbicide alternatives reduces demand for paraquat products.
The paraquat market in Australia is marked by regulatory scrutiny due to toxicity concerns, creating cautious yet specific investment opportunities. Investors focusing on safer formulation technologies, protective equipment, and application techniques that minimize exposure can find niches. Additionally, investment in alternative herbicides or biocontrol agents is attractive as part of integrated weed management strategies, aligning with evolving agricultural regulations.
Paraquat, a highly toxic herbicide, is tightly regulated by the Australia Pesticides and Veterinary Medicines Authority (APVMA). Government policies restrict its use due to health and environmental risks, with strict licensing, handling, and application protocols. There are ongoing regulatory reviews to assess risks and possible bans or phase-outs, reflecting a precautionary approach to protect agricultural workers and ecosystems.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Paraquat Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Paraquat Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Paraquat Market - Industry Life Cycle |
3.4 Australia Paraquat Market - Porter's Five Forces |
3.5 Australia Paraquat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Paraquat Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Paraquat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of modern agricultural practices in Australia |
4.2.2 Growing demand for high-quality crops to meet export standards |
4.2.3 Rise in awareness about the benefits of using paraquat for weed control in farming |
4.3 Market Restraints |
4.3.1 Stringent regulations on the usage of paraquat due to environmental and health concerns |
4.3.2 Competition from alternative herbicides in the market |
5 Australia Paraquat Market Trends |
6 Australia Paraquat Market, By Types |
6.1 Australia Paraquat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Paraquat Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Paraquat Market Revenues & Volume, By Paraquat Aqueous Solution, 2021- 2031F |
6.1.4 Australia Paraquat Market Revenues & Volume, By Paraquat Soluble Granule, 2021- 2031F |
6.1.5 Australia Paraquat Market Revenues & Volume, By Paraquat Water Soluble Gel, 2021- 2031F |
6.1.6 Australia Paraquat Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Paraquat Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Paraquat Market Revenues & Volume, By Farms, 2021- 2031F |
6.2.3 Australia Paraquat Market Revenues & Volume, By Plantations and Estates, 2021- 2031F |
6.2.4 Australia Paraquat Market Revenues & Volume, By Non-Agricultural Weed Control, 2021- 2031F |
6.2.5 Australia Paraquat Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Paraquat Market Import-Export Trade Statistics |
7.1 Australia Paraquat Market Export to Major Countries |
7.2 Australia Paraquat Market Imports from Major Countries |
8 Australia Paraquat Market Key Performance Indicators |
8.1 Adoption rate of modern agricultural practices in Australia |
8.2 Percentage increase in export of crops requiring paraquat for weed control |
8.3 Number of research studies highlighting the effectiveness of paraquat in farming practices |
9 Australia Paraquat Market - Opportunity Assessment |
9.1 Australia Paraquat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Paraquat Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Paraquat Market - Competitive Landscape |
10.1 Australia Paraquat Market Revenue Share, By Companies, 2024 |
10.2 Australia Paraquat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |