Press release
Beta Cyfluthrin Market to Witness Robust Expansion by 2023
Beta-cyfluthrin (cyano-(4-fluoro-3-phenoxyphenil)-methyl-3-(2,2-dichloroethenyl)-2,2-dimethyl-cyclopropanecarboxylate) is a relatively new compound and a third generation man made synthetic pyrethroid that is highly photo-stable, low odor, and provides rapid insect control. It is the active ingredient of insecticide formulations used to control a wide variety of pests on cotton, corn, sunflower and soybean crops.
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Global Beta Cyfluthrin Market: Forecast by Type / Application / Region
Beta cyfluthrin is a kind of pyrethrins insecticide which was developed by Bayer in 1991. Beta cyfluthrin is widely used in agriculture and home deinsectization. The effect is better than other pyrethrins insecticide. In the global the main manufacturers include Bayer, Youth Chem, Liwei Chem, and Huangma Agrochem.
Global demand of beta cyfluthrin will increase to 912 MT in 2015 from 764 MT in 2010. It is estimated that supported by downstream industries, global demand of beta cyfluthrin demand will keep increasing with an average growth rate of 1.79% in the coming five years. In addition, similar with that of globe, the demand of beta cyfluthrin in China will increase from 455 MT in 2010 to 502 MT in 2015, with an average demand growth of 1.68% in the coming five years.
Compared with foreign giants, beta cyfluthrin e produced by Chinese manufacturers still has a certain gap. Chinese beta cyfluthrin manufacturers are dedicated to improving their technology and narrowing down the performance gap with foreign giants.
We tend to believe that this industry still has a bright future, considering the current demand of beta cyfluthrin. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
Over the next five years, LPI(LP Information) projects that Beta Cyfluthrin will register a -0.4% CAGR in terms of revenue, reach US$ 34 million by 2023, from US$ 34 million in 2017.
Global Beta Cyfluthrin Market: Key Players
Ineos
Aoda Chemical
Zhongteng Chemcial
Hongxing Chemical
Weihua Chemical
Zhongchao New Material
Liyang Organo Synthesis Chemical
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Related Information:
United States Beta Cyfluthrin Market Research Report 2018
Europe Beta Cyfluthrin Market Research Report 2018
North America Beta Cyfluthrin Market Research Report 2018
Asia-Pacific Beta Cyfluthrin Market Research Report 2018
China Beta Cyfluthrin Market Research Report 2018
EMEA Beta Cyfluthrin Market Research Report 2018
Global Beta Cyfluthrin Market Research Report 2018
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