Pyrethroid Market

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.

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

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 MARKET PLAYERS 

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