CYPERMETHRIN INSECTICIDE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Market News

Recent Developments

New product launches

• FMC Corporation launched Cyperkill XT in 2022. This product is a new formulation of cypermethrin that is designed to be more effective and longer lasting than previous formulations. FMC Corporation is a U.S.-based chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries.
• Syngenta launched Acceleron EC in 2021. This product is a liquid formulation of cypermethrin that is designed to be easier to apply and more effective against a wider range of pests. Syngenta AG is a provider of agricultural science and technology, in particular seeds and pesticides with its management headquarters in Basel, Switzerland. It is owned by ChemChina, a Chinese state-owned enterprise.
• Bayer CropScience launched Cypermax EC in 2020. This product is a water-dispersible granule formulation of cypermethrin that is designed to be more effective against pests that are resistant to other insecticides. Bayer CropScience serves farmers and consumers across the globe. The company's manufacturing site for drying and processing station is located in Hyderabad, India and breeding stations at Bengaluru and Udaipur in India.

Acquisition and partnerships

• In 2022, Bayer Crop Science acquired the cypermethrin business of Arysta LifeScience. This acquisition gave Bayer Crop Science a significant market share in the cypermethrin insecticide market. Arysta Lifescience Limited provides crop solutions. The Company offers biosolutions, including biological stimulants, nutrition and biological control products to protect crops from weeds, insects and diseases.
• In 2021, BASF SE acquired the cypermethrin business of Syngenta. This acquisition gave BASF a strong foothold in the cypermethrin insecticide market for both agriculture and public health applications. BASF SE, an initialism of its original name Badische Anilin- und Sodafabrik, a Europe-based multinational company and the largest chemical producer in the world. Its headquarters are located in Ludwigshafen, Germany.
• In 2020, Sumitomo Chemical acquired the cypermethrin business of Dow AgroSciences. This acquisition gave Sumitomo Chemical a leading position in the cypermethrin insecticide market for public health applications. Sumitomo Chemical Co., Ltd. is a major Japan-based chemical company. The company is listed on the first section of the Tokyo Stock Exchange and is a constituent of the on the Nikkei 225 stock index. It is a member of the Sumitomo group and was founded in 1913 as a fertilizer manufacturing plant. Dow AgroSciences LLC was a wholly owned subsidiary of the Dow Chemical Company specializing in not only agricultural chemicals such as pesticides, but also seeds and biotechnology solutions. The company was based in Indianapolis, Indiana, in the United States.