Pyrethroids Market: Growing Demand and Lucrative Opportunities in Agricultural Sector

 
Pyrethroids Market

Pyrethroids are a class of synthetic chemical insecticides that are derived from natural pyrethrins, which are extracted from chrysanthemum flowers. These insecticides are widely used in agriculture, public health, and household applications to control a variety of pests.

Market Overview:

The global pyrethroids market has experienced significant growth in recent years and is expected to continue expanding. Factors such as increasing demand for agricultural products, growing awareness about vector-borne diseases, and rising urbanization are driving the market growth. Additionally, the development of novel pyrethroid formulations and advancements in integrated pest management practices are also contributing to the market expansion.

Global pyrethroids market was valued at US$ 3781.9 Million in 2021 in terms of revenue, exhibiting a CAGR of 5.18% during the forecast period (2022 to 2030).

Major Applications:

Agriculture: Pyrethroids are extensively used in agriculture to protect crops from pests such as insects, mites, and nematodes. They are effective against a wide range of pests and can be applied as foliar sprays, seed treatments, or soil applications.

Public Health: Pyrethroids are used in the public health sector to control disease-carrying vectors like mosquitoes, ticks, and fleas. They are employed in insecticide-treated bed nets, indoor residual spraying, and other vector control programs.

Household: Pyrethroids are commonly found in various household insecticides, including aerosols, sprays, coils, and mats, to eliminate pests such as mosquitoes, flies, cockroaches, and ants.

Regional Market Analysis:

North America: The United States and Canada are significant consumers of pyrethroids in the agricultural sector, particularly for crop protection. The increasing demand for organic and sustainable farming practices has also driven the adoption of pyrethroids in this region.

Europe: European countries, including Germany, France, and the United Kingdom, have strict regulations governing pesticide use. However, pyrethroids are still widely used for crop protection and public health applications in this region.

Asia Pacific: Countries like China, India, and Japan are major consumers of pyrethroids due to their large agricultural sectors and the prevalence of vector-borne diseases. The growing population and rising disposable incomes are also driving the demand for household insecticides in this region.

Latin America: Countries in this region, such as Brazil and Argentina, have a significant agricultural sector, leading to a considerable demand for pyrethroids for crop protection purposes.

Middle East and Africa: The market for pyrethroids in this region is primarily driven by the need for vector control measures due to the presence of diseases like malaria and dengue fever.

Key Market Players:

Several companies operate in the global pyrethroids market. Some of the prominent players include:

Syngenta AG
BASF SE
Sumitomo Chemical Co., Ltd.
Bayer AG
FMC Corporation
Corteva Agriscience
Jiangsu RedSun Group
Sinochem Group
UPL Ltd.
Yangnong Chemical Co., Ltd.

Comments

Post a Comment

Popular posts from this blog

Blowing Agents in Action: Enhancing Sustainability and Performance in Modern Engineering

Image
  Blowing Agents: Unleashing the Power of Expansion in Materials Blowing agents are a remarkable class of chemical compounds that play a pivotal role in various industries, revolutionizing the way materials are manufactured and utilized. These agents are essential additives employed to induce controlled expansion in materials, leading to the creation of diverse products with unique properties and applications. From lightweight foams in packaging to insulating materials and beyond, blowing agents have become indispensable in modern manufacturing processes. 1. Understanding Blowing Agents: Blowing agents are substances designed to generate gas when subjected to specific conditions, such as heat, pressure, or chemical reactions. The produced gas forms bubbles within the material matrix, resulting in a cellular structure with reduced density. This cellular structure not only imparts lightness to the material but also enhances its thermal and acoustic insulation properties. 2. Versatil...
Read more

Multi-Depth Corrugated Box Market Trends 2023 - Industry Insights, Competition Analysis, Growth Rate and Forecast by 2030

Image
  A multi-depth corrugated box is a type of shipping or storage box that has the ability to be adjusted to different depths, allowing for greater flexibility and efficiency in packaging and shipping. This type of box is made of corrugated cardboard, which consists of a fluted layer sandwiched between two flat layers. Multi-depth corrugated boxes are typically made with a series of perforations or scores that allow the box to be easily adjusted to different depths. For example, a box with a height of 10 inches might have perforations at 2-inch intervals, allowing it to be adjusted to a depth of 2 inches, 4 inches, 6 inches, 8 inches, or 10 inches, depending on the specific needs of the user. The advantages of using multi-depth corrugated boxes include reduced inventory costs, improved packing efficiency, and better use of storage space. By using a single box that can be adjusted to different depths, businesses can reduce the number of different box sizes they need to stock and simp...
Read more

Acid Pickling Roll Market Growth Accelerated by Adoption of Anti-Rust Acid Pickle Rolls

Image
  Acid pickle rolls help remove scale, rust or oxide films from metallic surfaces and accurately prepare them for subsequent processing such as coating or plating to improve corrosion resistance. The demand for acid pickling rolls have increased in various end-use industries such as automotive, oil & gas, marine, energy, and general engineering to enhance product durability. The global Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing adoption of anti-rust acid pickling rolls to increase product lifespan across various corrosion prone industrial applications has accelerated the growth of the acid pickling roll market. Acid pickling rolls equipped with advanced rust removal properties efficiently prepare metallic surfaces and ensure long term corrosion protection. Major mar...
Read more