Paraquat, a broad-spectrum non-selective herbicide widely used to kill unwanted plants both in agricultural and nonagricultural landscapes, has been at a leading position in the world’s herbicides in the past few years. It is the second largest herbicide in terms of consumption volume (calculated by 42% TK), only behind glyphosate. China’s paraquat industry has developed rapidly in recent years, with TK output growing with a CAGR of over 17% during 2008-2012. However, the annual growth rate dropped sharply in 2011 while it increased by about 14% in 2012. What is the reason behind the fluctuant growth rate? What is its …
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