Sep 4, 2017   SOURCE: BusinessWire

Global Pyrethroid Insecticide Market to Reach $6.4 Billion by 2021: Analysis By Active Ingredients, Crop Types & Geography - Research and Markets

The "Global Pyrethroid Insecticide Market- Growth, Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.

The global pyrethroid insecticides market has been estimated at USD 4.67 Billion in 2015 and is projected to reach USD 6.45 Billion by 2021, at a CAGR of 5.2% during the forecast period from 2016 to 2021. A pyrethroid is an organic compound that are synthetic analogs of pyrethrins. These pyrethrin like compounds are widely used against number of insects including household arthropods. These products are low in toxicity to mammals and birds, and require very low doses to kill insects.

Having known for more than 40 years, the insecticidal properties of pyrethrin are well known. Pyrethroids, the synthetic derivatives of pyrethrins, have become one of the oldest and most widely used insecticides around the globe. The systemic insecticide acts as a nervous toxin and leads to paralysis and eventual death of the targeted insects.

Pyrethroid insecticide market is driven by the need to increase crop yield and efficiency. The worlds population is growing, but the farmlands have been decreasing pushing farmers to increase their yields. New farming practices are adopted by farmers all over the world to increase crop yields. Genetically modified (GM) plants have helped farmers increase their yields coupled with the reduction of use in some pesticides. These factors coupled with high performance of pyrethroids against insects have led a continuous market growth for the industry. Product development, sustainable farming options and growing demand from developing regions are identified as the opportunity segments for the industrys future growth. However, issues over product labeling and popularity of bioinsecticide products may act as obstacles for market growth.

The market is classified based on the active ingredients, crop types and geography.

Companies Mentioned:

  • Bayer Cropscience AG
  • BASF SE
  • Dow AgroSciences
  • Nufarm
  • SinoHarvest Corporation
  • Syngenta
  • United Phosphorus
  • Sumitomo Chemical
  • Arysta Lifescience
  • Cheminova
  • DuPont
  • FMC
  • Monsanto
  • Shanghai Mingdou Agrochemical
  • Adama

Key Topics Covered:

1. Introduction

2. Research Approach & Methodology

3. Key Findings of the Study

4. Market Overview

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/x4hqft/global_pyrethroid