Pyrethroids Market Size, Share, Analysis, Growth, Trends, Industry Report 2023-2032 | BASF SE, Dow Inc., Bayer CropScience AG, Rallis India, Sumitomo Chemical Co Ltd., Heranba Industries Limited

The Pyrethroids Global Market Report 2023, provides comprehensive information on the pyrethroids market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Pyrethroids Global Market Report 2023, the market size is expected to grow from $3.50 billion in 2022 to $3.71 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of pyrethroids market is expected to reach $4.55 billion in 2027 at a CAGR of 5.3%.

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In the ever-evolving landscape of the pyrethroids market, product innovations have emerged as a prominent and influential trend, garnering widespread recognition. To maintain their competitive edge, companies operating in this dynamic sector are strategically embracing cutting-edge technologies, marking a paradigm shift in their approach to sustainable market positioning.

A compelling example of this commitment to innovation comes from FMC Corporation, a reputable US-based chemical manufacturing entity. In May 2020, FMC Corporation introduced Elevest insect control, a groundbreaking product designed for multiple crops, including soybeans, sweet corn, cotton, peanuts, and potatoes. Elevest stands as a testament to FMC Corporation’s dedication to pioneering solutions that address the evolving needs of agriculture.

Elevest, a novel insect control product, uniquely integrates full rates of Rynaxypyr active with bifenthrin, a distinguished pyrethroid insecticide. This innovative combination empowers Elevest to deliver comprehensive, broad-spectrum control against a diverse array of insect pests that commonly afflict these crops. The synergy between Rynaxypyr and bifenthrin enhances the efficacy of Elevest, making it a formidable solution in the battle against agricultural pests.

The inclusion of bifenthrin, a potent pyrethroid, in Elevest contributes additional layers of control against a spectrum of insect pests, including beetles, aphids, and mites. This multi-faceted approach not only speaks to the versatility of Elevest but also underscores its significance in providing holistic protection for crops susceptible to a range of pest-related challenges.

FMC Corporation’s Elevest represents a pivotal milestone in the ongoing narrative of agricultural innovation. By amalgamating advanced active ingredients, this product exemplifies a strategic response to the complexities of pest management in contemporary agriculture. As the pyrethroids market continues to evolve, Elevest stands as a beacon of progress, symbolizing the harmonious integration

The pyrethroids market is segmented:

1) By Product Type: Bifenthrin, Deltamethrin, Permethrin, Cypermethrin, Cyfluthrin, Lambda-Cyhalothrin, Other Types

2) By Non-Crop Based: Turfs, Ornamentals, Other Non-Crops

3) By Pest Type: Lepidoptera, Sucking Pests, Coleoptera, Diptera, Mites, Other Pest Types

4) By Application: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Applications

Asia-Pacific was the largest region in the pyrethroids market in 2022.

The table of contents in TBRC’s pyrethroids market report includes:

1. Executive Summary

2. Pyrethroids Market Characteristics

3. Pyrethroids Market Trends And Strategies

4. Pyrethroids Market – Macro Economic Scenario

5. Pyrethroids Market Segmentation

…

32. Global Pyrethroids Market Competitive Benchmarking

33. Global Pyrethroids Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Pyrethroids Market

35. Pyrethroids Market Future Outlook and Potential Analysis

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