Pyrethroid Market, Competitive Landscape and Market Forecast - 2030

Market Overview:
Pyrethroid Market is estimated to reach at high CAGR 4.4% during the forecast period (2023-2030).
Pyrethroid is an insecticide derived by synthetic modification of natural pyrethrins that are extracted from flowers of Chrysanthemum. These are used for control of variety of insects in industries, residences, and in agricultural activities.

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Market Dynamics:
1. ITNs, Selective Toxicity and rising demand for food will drive the Pyrethroid market.
2. Pyrethroids are highly effective and safe.
3. They are the least expensive of the insecticides used in malaria vector control, and are the only class available for use on ITNs.
4. The rising awareness towards efficiency of pyrethroids for use in control of wide array of insects with minimal effect on humans, birds, and animals is the major factor driving the growth of pyrethroids market.

Market Segmentation:
By Type:
• Type 1 Pyrethroid
o Resmethrin
o Permethrin
o Bifenthrin
o Allethrin
o Others
• Type 2 Pyrethroid
o Cypermethrin
o Deltamethrin
o Cyfluthrin
o Lamda-Cyhalothrin
o Tralomethrin
o Others
• Fenpropathrin
By End User:
• Agriculture
• Pharmaceutical
• Industrial
• Residential & Commercial Buildings
• Others

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Competitive Landscape: Major Companies
are Syngenta AG (owned by ChemChina), BASF SE, ADAMA Agricultural Solutions and Sumitomo Chemical Co., Ltd.

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