Global Pyrethroid Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Active Ingredient Type (Bifenthrin, Deltamethrin, Permethrin, Cypermethrin, Cyfluthrin and Lambda-cyhalothrin), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables) and Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) – Industrial Analysis (2024 to 2029)

Updated On: January, 2024
ID: 918
Pages: 175

Global Pyrethroid Market Size (2024 to 2029)

The global pyrethroid market size is expected to reach USD 9.66 billion in 2024 and reach USD 12.63 billion by 2029, growing at a CAGR of 5.5% from 2024 to 2029.

DETAILED SEGMENTATION OF THE GLOBAL PYRETHROID MARKET INCLUDED IN THIS REPORT 

Pyrethroids are synthetic insecticides like pyrethrins found naturally in chrysanthemum flowers. They are a special chemical class of active ingredients that are related to pyrethrins and resemble them in insecticidal properties. They have a peculiarly short life and biodegrade immediately in the presence of sunlight due to high light sensitivity. It acts as a nerve toxin and leads to paralysis and eventual death of the targeted insects, due to which it has become the most widely used insecticide around the globe.

The market growth for the global pyrethroid market is mainly driven by the need to increase crop yield and efficiency. Also, the fact that pyrethroid is one of the safest insecticides is also aiding the market growth.

Factors like issues over product labeling, the popularity of bio-insecticide products, and supply constraints due to their natural origin are primarily hindering the growth of the pyrethroid market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2024 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.5%

Segments Covered

Active ingredient type, Crop type, And Region.

Various Analyses Covered

Global, Regional and Country Level Analysis, Segment-Level Analysis; DROC, PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

FMC Corporation, Bayer CropScience AG, Monsanto, Dow AgroSciences, United Phosphorus Limited, Sumitomo Chemical, Co. Ltd., Syngenta AG, Nufarm Ltd., BASF SE, Adama Agricultural Solutions.

 

REGIONAL ANALYSIS

Asia-Pacific region holds the largest share of the global market, followed by Europe and North America. Asia Pacific market is growing at a very high rate due to rising disposable income levels, rising population, and food security. The European market would grow at a rather static pace due to strong government control over the harmful effects of chemicals. Asia-Pacific is the largest market for oilseed crops & pulses, followed by the European region.

KEY PLAYERS IN THE GLOBAL PYRETHROID MARKET

FMC Corporation, Bayer CropScience AG, Monsanto, Dow AgroSciences, United Phosphorus Limited, Sumitomo Chemical, Co. Ltd., Syngenta AG, Nufarm Ltd., BASF SE, and Adama Agricultural Solutions are some of the major key players involved in the global Pyrethroid market.

DETAILED SEGMENTATION OF THE GLOBAL PYRETHROID MARKET INCLUDED IN THIS REPORT

This research report on the global pyrethroid market has been segmented and sub-segmented into the following categories.

By Active Ingredient Type:

  • Bifenthrin
  • Deltamethrin
  • Permethrin
  • Cypermethrin
  • Cyfluthrin,
  • Lambda-cyhalothrin
  • Other types

By Crop Type:

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Other Crop Types

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

What is the current size of the Global Pyrethroid Market?

The Global Pyrethroid Market is valued at USD 8.23 billion.

Which region dominates the Global Pyrethroid Market in terms of market share?

Asia-Pacific region holds the largest share of the global market and dominates the global pyrethroid market.

What factors contribute to the growth of the Pyrethroid Market in North America?

The market growth for the global pyrethroid market is mainly driven by the need to increase crop yield and efficiency.

What are the key trends influencing the Pyrethroid Market in Latin America?

In Latin America, the Pyrethroid Market is witnessing a shift towards bio-based and organic pesticides due to a growing emphasis on eco-friendly agricultural practices.

who are the key market players involved in the Global Pyrethroid Market?

FMC Corporation, Bayer CropScience AG, Monsanto, Dow AgroSciences, United Phosphorus Limited, Sumitomo Chemical, Co. Ltd., Syngenta AG, and Nufarm Ltd., BASF SE, and Adama Agricultural Solutions.

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