Pyrethroids Market Report 2024-2032, Industry Trends, Segmentation and Forecast Analysis

IMARC Group, a leading market research company, has recently released a report titled "Pyrethroids Market Report by Product Type (Bifenthrin, Deltamethrin, Permethrin, Cypermethrin, Cyfluthrin, Lambda-Cyhalothrin, and Others), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), Pest Type (Lepidoptera, Sucking Pests, Coleoptera, Diptera, Mites, and Others), and Region 2024-2032". The study provides a detailed analysis of the industry, including the pyrethroids market trends, size, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global pyrethroids market size reached US$ 3.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.

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Factors Affecting the Growth of the Pyrethroids Industry:

• Increasing Demand for Pest Control Solutions:

One of the primary drivers of growth in the pyrethroids market is the escalating demand for effective pest control solutions across various sectors. With the expansion of agriculture, urbanization, and industrialization, the prevalence of pests and vectors poses significant challenges to public health, food security, and infrastructure integrity. Pyrethroids offer a potent and versatile means of controlling a wide range of pests, including mosquitoes, flies, cockroaches, ants, and agricultural pests. Their broad spectrum of activity, rapid knockdown effect, and residual efficacy make them indispensable tools for pest management in agricultural, residential, commercial, and public health settings.

• Shift Towards Safer and Environmentally Friendly Pest Control Alternatives:

In recent years, there has been a growing emphasis on sustainable and environmentally friendly pest control practices, driven by increasing awareness of pesticide toxicity, ecological concerns, and regulatory pressures. Pyrethroids have emerged as a preferred choice for pest control due to their favorable environmental profile compared to many conventional pesticides. They exhibit low toxicity to non-target organisms, including humans and wildlife, and degrade relatively quickly in the environment, minimizing residual contamination. As a result, the adoption of pyrethroids as alternatives to more hazardous pesticides has gained momentum, particularly in integrated pest management (IPM) programs aimed at reducing reliance on chemical inputs while maintaining effective pest control.

• Expansion of Agriculture and Urbanization:

The expansion of agriculture, coupled with rapid urbanization and population growth, is driving the demand for pyrethroids worldwide. In agriculture, pyrethroids play a crucial role in protecting crops from insect pests, thereby enhancing yield and quality. With increasing global food demand, particularly in emerging economies, the use of pyrethroids in agriculture is expected to rise further. Moreover, urbanization leads to greater pest pressure in residential and commercial settings, necessitating the use of pyrethroids for effective pest management in urban environments. As urban populations continue to grow, so does the demand for pyrethroid-based pest control solutions to safeguard public health and property.

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Pyrethroids Market Report Segmentation:

By Product Type:

Cypermethrin holds the largest product type segment in the market share due to its widespread use across various sectors, including agriculture, public health, and residential pest control, owing to its effectiveness against a broad spectrum of pests and relatively low toxicity.

• Bifenthrin 
• Deltamethrin
• Permethrin
• Cypermethrin
• Cyfluthrin
• Lambda-Cyhalothrin
• Others

By Crop Type:

Oilseeds & pulses represent the largest crop type segment in the market as these crops are highly susceptible to insect damage, necessitating extensive use of pyrethroids for pest management throughout the cultivation cycle, from planting to post-harvest storage.

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

By Pest Type:

Lepidoptera, which includes moth and butterfly species known for damaging a wide range of crops, commands the largest market share as pyrethroids are highly effective against these pests, making them a preferred choice for farmers seeking reliable pest control solutions.

• Lepidoptera
• Sucking Pests
• Coleoptera
• Diptera
• Mites
• Others

By Region:

Asia Pacific emerges as the largest market regionally due to its extensive agricultural activities, large population, and high pest pressure, driving substantial demand for pyrethroids across diverse agricultural, public health, and residential applications in countries like China, India, and Southeast Asia.

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

Global Pyrethroids Market Trends:

The growing emphasis on sustainable pest control practices represents one of the key factors influencing the growth of the pyrethroids market across the globe. This is leading to increased adoption of pyrethroids due to their favorable environmental profile compared to conventional pesticides which is boosting the market growth. Additionally, the expansion of agriculture, urbanization, and population growth is fueling demand for pyrethroids worldwide. Agricultural sectors rely on pyrethroids to protect crops from insect pests, while urbanization leads to greater pest pressure in residential and commercial settings, necessitating the use of pyrethroids for effective pest management.

Furthermore, advancements in formulation technologies and regulatory developments are shaping the market landscape, influencing product innovation, registration requirements, and usage patterns.

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Top Companies Operated in Pyrethroids Industry:

• BASF
• Bayer CropScience
• Corteva Agriscience
• Nufarm
• SinoHarvest Corporation
• Sumitomo Chemical
• Syngenta
• United Phosphorus
• Arysta Lifescience
• Cheminova
• FMC
• Monsanto
• Shanghai Mingdou Agrochemical
• Adama Agricultural Solutions Ltd.

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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