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The global pyrethroids market was valued at US$ 3.82 billion in 2016 and is projected to witness a CAGR of 4.65% in terms of revenue, during 2017 u2013 2025, to reach US$ 5.71 billion by 2025
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Pyrethroids Market Segmenetd by Product Type, Crop Type, and Geography - Trends and Forecast till 2025 Pyrethroids are synthetic compounds similar to pyethrin, a natural compound produced by flowers of Chrysanthemum cinerariaefolium and Chrysanthemum coccineum. These acidic lipophilic compounds have potent insecticidal property and can paralyze nervous system of insects. Ketoalcoholic esters of pyrethroic acid and chrysanthemic acid induce the insecticidal property in pyrethroids. The naturally occuring pyrethrins are sensitive to heat, light, and moisture. However, synthetic pyrethroids have improved stability and are highly toxic among insects compared to mammals. The high toxicity is due to increased sensitivity to the nerves of the insects. The compound is less absorbed in mammalian skin and mammals possess efficient hepatic metabolism, which reduces the effect of the compound compared to organophosphorous insecticides that are highly toxic. Request :https://www.coherentmarketinsights.com/insight/request-sample/1004 For Sample Copy of this Research Report Pyrethroids are widely used to produce pesticides for use in agriculture, hospitals, homes, schools, and restaurants. Moreover, the compounds are used for topical head lice treatment and are used in smoke coils, aerosol sprays, electric mats, oil formulations, wettable powders, emulsifiable concentrates, and dustable powders. High adoption of pesticides to increase crop yield and increasing demand for household products such as pet sprays and shampoos, insect repellent products,
and lice treatment products containing pyrethroids are major factors propelling growth of the pyrethroids market. However, adverse effects of pyrethroid pesticides on aquatic ecosystem and growing demand for bio pesticides are some of the key factors restraining growth of the pyrethroids market. Based on product type, the pyrethroid market is segmented into bifenthrin, deltamethrin, permethrin, cypermethrin, cyfluthrin, and others. Based on product types, bifenthrin segment accounted for the largest share of more than 35% in the global market in 2016 and is expected to retain market dominance throughout the forecast period, although a decline in the market share is expected during the forecast period. The usage of bifenthrin as a chemical is restricted in the U.S, owing to high toxic nature. However, the same is sold for daily usage provided that, the products have a low concentration of bifenthrin. Bifenthrin was first discovered and developed by FMC Corporation. For More Information:https://tinyurl.com/y3d6834c About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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