Global Pyrethroid Pesticide Market is valued at approximately USD 3.58 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.92% over the forecast period 2024-2032. Pyrethroid pesticides, synthetic chemical insecticides derived from natural pyrethrins extracted from chrysanthemum flowers, are widely employed to control a broad spectrum of insect pests in agriculture, public health, veterinary medicine, and residential settings. Their effectiveness, low mammalian toxicity, and relatively short environmental persistence contribute to their broad usage. Pyrethroids disrupt the nervous system of insects by targeting sodium channels, leading to paralysis and eventual death, making them effective against both surface-dwelling and flying insects.
The expanding agricultural activities globally to meet the growing population's needs and changing dietary preferences drive the demand for pyrethroid pesticides, which play a crucial role in protecting crops from a wide range of pests. Technological advancements in agriculture, including improved formulations, application methods, and precision farming techniques, have enhanced the efficacy and efficiency of pyrethroid pesticides. Innovations such as controlled-release formulations and targeted delivery systems help optimize pesticide use while minimizing environmental impact.
Moreover, the rise of integrated pest management (IPM) practices, which emphasize non-chemical control methods, also incorporates pyrethroid pesticides to control insect pests that cannot be effectively managed through other means. However, the continuous and indiscriminate use of pyrethroid pesticides can exert selective pressure on pest populations, favoring the survival and reproduction of individuals with inherent resistance traits. This leads to pesticide resistance, posing significant challenges to pest management strategies. Additionally, the emergence of bio-based and environmentally friendly pesticides offers effective pest and disease control while minimizing risks to human health and the environment, posing competition to pyrethroid pesticides.
The key regions considered for the global Pyrethroid Pesticide Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America, particularly the United States and Canada, emerged as the dominant player in the Global Pyrethroid Pesticide Market in 2023, driven by significant agricultural activities and the adoption of advanced crop protection practices. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period 2024-2032. Governments in the region are promoting sustainable agricultural practices that encourage reduced reliance on harsh chemicals while maximizing food production. This creates a niche for pyrethroids, as they are generally considered less harmful to the environment compared to some traditional pesticides.
Major market players included in this report are:
- FMC Corp.
- Syngenta Group Co Ltd
- BASF Corp.
- Bayer CropScience AG
- Dow AgroSciences LLC
- Gharda Chemicals Ltd
- Meghmani Organics Ltd
- Atul Ltd
- Tagros Chemicals India
- UPL Limited
- Bharat Group
The detailed segments and sub-segment of the market are explained below:
By Type:
- Cypermethrin
- Deltamethrin
- Cyfluthrin
- Fenvalerate
- Tetramethrin
- Others
By Application:
- Plant Protection
- House Insecticide
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Pyrethroid Pesticide Market Executive Summary
- 1.1. Global Pyrethroid Pesticide Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Pyrethroid Pesticide Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Pyrethroid Pesticide Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Advancements in Agricultural Technology
- 3.1.2. Expanding Agricultural Activities
- 3.1.3. Rising Integrated Pest Management (IPM) Practices
- 3.2. Market Challenges
- 3.2.1. Pesticide Resistance
- 3.2.2. Emergence of Bio-based Alternatives
- 3.3. Market Opportunities
- 3.3.1. Shift towards Bio-based and Environmentally Friendly Pesticides
- 3.3.2. Technological Innovations in Pesticide Formulations
- 3.3.3. Growing Demand in Emerging Economies
Chapter 4. Global Pyrethroid Pesticide Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Pyrethroid Pesticide Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Pyrethroid Pesticide Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Cypermethrin
- 5.2.2. Deltamethrin
- 5.2.3. Cyfluthrin
- 5.2.4. Fenvalerate
- 5.2.5. Tetramethrin
- 5.2.6. Others
Chapter 6. Global Pyrethroid Pesticide Market Size & Forecasts by Application 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Pyrethroid Pesticide Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Plant Protection
- 6.2.2. House Insecticide
Chapter 7. Global Pyrethroid Pesticide Market Size & Forecasts by Region 2022-2032
- 7.1. North America Pyrethroid Pesticide Market
- 7.1.1. U.S. Pyrethroid Pesticide Market
- 7.1.1.1. Type breakdown size & forecasts, 2022-2032
- 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Pyrethroid Pesticide Market
- 7.2. Europe Pyrethroid Pesticide Market
- 7.2.1. U.K. Pyrethroid Pesticide Market
- 7.2.2. Germany Pyrethroid Pesticide Market
- 7.2.3. France Pyrethroid Pesticide Market
- 7.2.4. Spain Pyrethroid Pesticide Market
- 7.2.5. Italy Pyrethroid Pesticide Market
- 7.2.6. Rest of Europe Pyrethroid Pesticide Market
- 7.3. Asia-Pacific Pyrethroid Pesticide Market
- 7.3.1. China Pyrethroid Pesticide Market
- 7.3.2. India Pyrethroid Pesticide Market
- 7.3.3. Japan Pyrethroid Pesticide Market
- 7.3.4. Australia Pyrethroid Pesticide Market
- 7.3.5. South Korea Pyrethroid Pesticide Market
- 7.3.6. Rest of Asia Pacific Pyrethroid Pesticide Market
- 7.4. Latin America Pyrethroid Pesticide Market
- 7.4.1. Brazil Pyrethroid Pesticide Market
- 7.4.2. Mexico Pyrethroid Pesticide Market
- 7.4.3. Rest of Latin America Pyrethroid Pesticide Market
- 7.5. Middle East & Africa Pyrethroid Pesticide Market
- 7.5.1. Saudi Arabia Pyrethroid Pesticide Market
- 7.5.2. South Africa Pyrethroid Pesticide Market
- 7.5.3. Rest of Middle East & Africa Pyrethroid Pesticide Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. FMC Corp.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Syngenta Group Co Ltd
- 8.3.3. BASF Corp.
- 8.3.4. Bayer CropScience AG
- 8.3.5. Dow AgroSciences LLC
- 8.3.6. Gharda Chemicals Ltd
- 8.3.7. Meghmani Organics Ltd
- 8.3.8. Atul Ltd
- 8.3.9. Tagros Chemicals India
- 8.3.10. UPL Limited
- 8.3.11. Bharat Group
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes