Global Pyrethroids Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Pyrethroids Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global pyrethroids market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global pyrethroids market report has been segmented on the active ingredient type, crop type, and region.
Pyrethroids are insecticides that are synthetic modifications of natural pyrethrins, which are extracts from the flowers of Chrysanthemum species. Pyrethroid insecticides have a low toxicity to mammals and birds and require very low doses to kill insects. Furthermore, it can bind tightly to soil and organic matter and therefore are not as effective in penetrating soil to kill underground pests. In addition, it can dissolve very poorly in water.
Various advantage associated with use of pyrethroids, as it provides high stability in sunlight and requires less quantity are major factors expected to drive growth of global pyrethroids market over the forecast period. Furthermore, increasing demand for food, owing to rapidly growing population is expected to support growth of the global market over the forecast period. In addition, depleting arable land and growing focus on increasing productivity is in turn expected to propel growth of the target market in near future.
However, environmental regulations on pyrethroids is expected to hamper growth of the target market over the forecast period. In addition, high toxicity of pyrethroids to environment and humans is expected to limit growth of the global pyrethroids market over the forecast period. In addition, increasing focus on usage of bio-insecticides is expected to challenge growth of the global pyrethroids market.
Market in Asia Pacific accounted for highest revenue share of the global pyrethroids market in terms of revenue contribution as compared to that of markets in other regions, in 2017. In addition, the market in the Asia Pacific is projected to register highest growth in terms of revenue over the next 10 years. Rising demand for insect repellent products, coupled with growing demand for food, owing to rapidly growing population, especially from countries such as China and India are major factor expected to drive growth of Asia Pacific pyrethroids market over the forecast period.
Europe accounts for second-highest revenue share contribution to the global market, registering a revenue share of XX.X%, followed by markets in the North America, Latin America, and the Middle East & Africa respectively.
The market in Latin America is expected to register moderate growth rate in the global market over the forecast period. Increasing cultivation of corn, soybeans, potatoes, sugarcane, and oilseeds is expected to create demand for pyrethroids, thereby propelling growth of the market in the region in near future. The Middle East & Africa market is expected to register a CAGR of XX.X% in the global pyrethroids market.
Global Pyrethroids Market Segmentation:
Segmentation on the basis of active ingredient type:
- Others (Lambda-cyhalothrin and Fenvalerate)
Segmentation on the basis of crop type:
- Crop based
- Oilseeds and Pulses
- Cereals and Grains
- Fruits and Vegetables
- Non-crop Based
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- BASF S.E.
- Bayer AG
- FMC Corporation
- The Dow Chemical Company
- Monsanto Company
- Nufarm Limited
- Syngenta A.G.
- Sumitomo Chemical Company, Limited
- UPL Limited
- Adama Agricultural Solutions Ltd.
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