Press release
Pyrethroids Market Size is Likely to Reach a Valuation of Around US$ 4.8 Billion by 2028
According to IMARC Group's latest report, titled "Pyrethroids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.' the global pyrethroids market size reached US$ 3.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.49% during 2023-2028.
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What is Pyrethroids?
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.
What are the growth prospects and trends in the pyrethroids industry?
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 2023-2028 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
Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1591&flag=E
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
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.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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Pyrethroids are organic compounds that are similar to the natural…
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