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(MoneyNewsWire.Net, September 20, 2018 ) Pyrethroid is a type of insecticide which is having a particular chemical class of active ingredients found in many of the modern insecticides found on store shelves and used by pest management professionals. Pyrethroid is an organic compound similar to the natural pyrethrins produced by the flowers of pyrethrums. Pyrethroids constitute the majority of commercial household insecticides. Pyrethroids are especially effective against chewing insects, though many Pyrethroid insecticides can be absorbed by the insect pest when it merely walks over the dry residue.
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RISING FOOD PRODUCTIVITY ISSUES DRIVING MARKET GROWTH:
High demand for Food Production is primarily driving the growth of the market. Factors such as Population are becoming the primary driver for food production issue. Since we are having less area of land for agriculture to produce & the population increased rapidly. When we compare the ratio of both Food Production & Population. Food Production ratio is too less. So, to maintain an equal balance between Food Production & Population, we required Pyrethroids.
NORTH AMERICA IS PROJECTED TO CONTINUE ITS DOMINANCE IN THE GLOBAL PYRETHROIDMARKET DURING 2019 - 2025:
North America accounted for the significant share of the Pyrethroid market with the U.S., and Canada as leading revenue generators and Mexico as the promising market next to the U.S and the massive presence of significant players along with the rapid developmental procedures to expand the penetration of Pyrethroids to multiple end-user industries is significantly propelling the market growth.
ASIA PACIFIC IS ESTIMATED TO WITNESS BRISK GROWTH RATE DURING 2019 – 2025:
The market in APAC is growing at a faster rate compared with that in the Americas and EMEA, due to the high demand for Pyrethroids. The primary revenue generators in this region are Japan, China and India. Economies like South Korea, Indonesia & Vietnam and some other emerging nations also present significant opportunities for North America and European vendors to expand their market presence. Moreover, rising investments in advanced & efficient Pyrethroids in the APAC region has further led to the sales of Pyrethroid for shrinking farmlands, Product development and food production issue.
By Crop Type:
• Fruits & Vegetables
• Cereals & Grains
• Oilseeds & Pulses
• Others
By Active Ingredients
• Parathion
• Malathion
• Chloropyriphos
• Diazinon
• Glyphosate
• Others
By Application
• Non-Crop Based
o Turf & Ornamental Grass
o Others
• Crop-Based
o Cereals & Grains
o Oilseeds
o Fruits & Vegetables
The report provides an in-depth and full analysis of the key technological and product development aspects for all the key companies operating in the market in each region.
Key Players:
• BASF SE (Germany)
• Bayer CropScience AG (U.S.)
• FMC Corporation (U.S)
• Dowdupont(U.S.)
• Nufarm (Australia)
• Sumitomo Chemicals (Japan)
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