Pyrethroids are a class of synthetic chemicals which are similar to the natural pyrethrins which are found in Chrysanthemum flowers. They are human-made chemicals that act like natural pyrethrins. Pyrethroids have been used widely as agricultural insecticides and for public health applications such as control of mosquitoes and other insects. They destroy the nervous system of insects by disrupting the sodium channels in the insect's nerve cells. Pyrethroids are popular for use in households and gardens due to their relative safety for mammals and ease of use. They are an affordable alternative to organochlorine and organophosphate insecticides and are less acutely toxic to humans.
Market Dynamics:
The global pyrethroids market is driven by factors such as rising demand for eco-friendly and safer insecticides due to the ban on organochlorine and organophosphate insecticides. Pyrethroids have advantages such as being less toxic, biodegradable, and targeted towards insects only without causing harm to human health. This has increased their adoption in households, agriculture, and public health programs. However, overdependence and misuse has led to rise in pyrethroid resistance in insect pests which poses a challenge. Also, stringent regulations regarding the use of chemical insecticides is restraining the market growth. The development of novel formulations and combination products with reduced toxicity and resistance issues can create new opportunities.
Key Features of the Study:
- This report provides in-depth analysis of the global pyrethroids market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global pyrethroids market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include BASF SE, Bayer AG, Dhanuka Agritech Ltd., Excel Crop Care Ltd., FMC Corporation, Hemani Industries Limited, Heranba Industries Ltd., Insecticides (India) Ltd., Nufarm, PelGar International, Pestech Australia Pty Ltd, Rallis India, Sumitomo Chemical Co.Ltd., Tagros Chemicals India Pvt. Ltd., UPL, ADAMA, and Aimco Pesticides LTD.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global pyrethroids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pyrethroids market
Detailed Segmentation-
- Type:
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- Bifenthrin
- Deltamethrin
- Permethrin
- Cypermethrin
- Alphacypermethrin
- Lambda-Cyhalothrin
- Others (Cyfluthrin, etc.)
- Application:
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- Agriculture
- Public Health
- Animal Health
- Region:
-
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
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- BASF SE
- Bayer AG
- Dhanuka Agritech Ltd.
- Excel Crop Care Ltd.
- FMC Corporation
- Hemani Industries Limited
- Heranba Industries Ltd.
- Insecticides (India) Ltd.
- Nufarm
- PelGar International
- Pestech Australia Pty Ltd
- Rallis India
- Sumitomo Chemical Co.Ltd.
- Tagros Chemicals India Pvt. Ltd.
- UPL
- ADAMA
- Aimco Pesticides LTD.