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Pyrethroids Market Report 2023 - Market Size, Growth Rate, Major Drivers And Key Trends | BASF SE, Dow Inc., Bayer CropScience AG, Rallis India, Sumitomo Chemical Co Ltd., Heranba Industries Limited
Pyrethroids Global Market Report
The Business Research Company's Pyrethroids Global Market Report 2023 identifies the growing demand for insect-repellent products is expected to propel the growth of the pyrethroids market going forward. Insect-repellent products refer to substances or formulations designed to deter or repel insects, preventing them from landing on or biting humans, animals, or surfaces. These products are commonly used by individuals, especially in outdoor settings or areas with a high presence of insects. The growing demand for insect-repellent products formulated with pyrethroids is highly effective in repelling and controlling insects, including mosquitoes, ticks, flies, and other biting or nuisance insects. Their potency in protecting against these pests makes them a popular choice in insect-repellent formulations.
The global pyrethroids market size is expected to grow from $3.50 billion in 2022 to $3.71 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of pyrethroids market is expected to reach $4.55 billion in 2027 at a CAGR of 5.3%.
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Major players in the pyrethroids market are BASF SE, Dow Inc., Bayer CropScience AG, Rallis India, Sumitomo Chemical Co Ltd., Heranba Industries Limited, Monsanto Company, DuPont de Nemours Inc., United Phosphorus Limited, FMC Corporation, Nufarm Limited, Meghmani Organics Ltd, Jiangsu Yangnong Chemical Co. Ltd., Nanjing Red Sun Co.Ltd., Bonide Products LLC, Gharda Chemicals Limited, Tagros Chemicals India Pvt Ltd., Bharat Rasayan Ltd., Hemani Industries Limited, Australian Botanical Products Pty Ltd, Adama Agricultural Solutions Ltd., Shandong Dacheng Pesticide Co. Ltd, Syngenta AG, SinoHarvest Corporation, Shanghai Mingdou Chemical Co Ltd., Dalian Sinobio Chemistry Co. Ltd, Boehringer Ingelheim Animal Health Inc, and Jiangsu Huangma Agrochemicals Co. Ltd.
A key trend in the Pyrethroids market includes the Product innovations are a key trend gaining popularity in the pyrethroids market. Companies operating in the pyrethroids market are adopting new technologies to sustain their position in the market.
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The Pyrethroids market is segmented -
1) By Product Type: Bifenthrin, Deltamethrin, Permethrin, Cypermethrin, Cyfluthrin, Lambda-Cyhalothrin, Other Types
2) By Non-Crop Based: Turfs, Ornamentals, Other Non-Crops
3) By Pest Type: Lepidoptera, Sucking Pests, Coleoptera, Diptera, Mites, Other Pest Types
4) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Pyrethroids market.
The Business Research Company's "Global Pyrethroids Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Pyrethroids Market Include:
1. Executive Summary
2. Pyrethroids Market Characteristics
3. Pyrethroids Market Trends And Strategies
4. Pyrethroids Market - Macro Economic Scenario
5. Pyrethroids Market Size And Growth
……
27. Pyrethroids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pyrethroids Market
29. Pyrethroids Market Future Outlook and Potential Analysis
30. Appendix
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