According to IMARC Group’s latest report, titled “Pyrethroids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global pyrethroids market size reached US$ 3.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 5.25% during 2022-2027.
Pyrethroids are organic compounds that are similar to the natural pyrethrins, which are produced by the flowers of pyrethrums. They possess identical properties to pyrethrins but are not sensitive to sunlight. Pyrethroids are generally used to kill flies, ants, mosquitoes, moths, farm pests, etc. They exhibit low toxicity towards mammals, birds, reptiles, etc., and are available in the form of granules, wet powders, emulsifying concentrates, and ultra-low volume (ULV) sprays. Pyrethroids have a short shelf life with biodegradable properties and are extensively utilized as household insecticides.
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Pyrethroids Market Trends:
The escalating demand for home cleaning and hygiene products is one of the key factors driving the pyrethroids market. Apart from this, the rising product adoption in the agriculture sector as a cost-effective alternative to conventionally-used insecticides is further catalyzing the market growth. Moreover, the emerging trend of replacing organophosphates, which are conventionally used on vegetables like carrots and lettuce, with these insecticides is also augmenting the global market. In line with this, the elevating requirement for agricultural or farming materials that are not toxic to mammals and birds is positively influencing the market growth. Furthermore, the increasing product utilization in cloth treatment and mosquito control across the residential and industrial sectors is anticipated to fuel the pyrethroids market over the forecasted period.
Pyrethroids Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the Pyrethroids Market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- BASF
- Bayer CropScience
- Corteva Agriscience
- Nufarm
- SinoHarvest Corporation
- Sumitomo Chemical
- Syngenta
- United Phosphorus
- Arysta Lifescience
- Cheminova
- FMC
- Monsanto
- Shanghai Mingdou Agrochemical
- Adama Agricultural Solutions Ltd, etc.
Key Market Segmentation:
Breakup by Product Type:
- Bifenthrin
- Deltamethrin
- Permethrin
- Cypermethrin
- Cyfluthrin
- Lambda-Cyhalothrin
- Others
Breakup by Crop Type:
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
Breakup by Pest Type:
- Lepidoptera
- Sucking Pests
- Coleoptera
- Diptera
- Mites
- Others
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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