Global Pyrethroid Insecticide Market to Reach $6.4 Billion by 2021: Analysis By Active Ingredients, Crop Types & Geography – Research and Markets
DUBLIN–(BUSINESS WIRE)–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
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Related
Topics: Agrochemicals
and Fertilizers
