Synthetic Pyrethroids Market by Type (Lambda-cyhalothrin, Deltamethrin, Cypermethrin, Bifenthrin, Permethrin, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Synthetic Pyrethroids Market size was valued at USD 4.6 USD Billion in 2023 and is projected to reach USD 6.65 USD Billion by 2032, exhibiting a CAGR of 5.4 % during the forecast period. Synthetic pyrethroids are a subset of artificial insecticides containing pyrethrin-like synthetic chemicals which are extracted from the flower Chrysanthemum cinerariifolium. These chemicals draw chemicals that interfere with the proper running of the insect’s nerve cells which in return paralyzes and eventually kills the insect. They are classified into two main types: While Type I does not contain a cyano group and results in fast paralysis, Type II contains a cyano group and leads to statistically significant paralysis and convulsions. Characteristics of synthetic pyrethroids include high efficacy with small quantities, ability to work in sunlight, and low, or no smell. It is used mainly in agriculture for pest control on crops, in public health to combat vector-borne diseases, and especially in domestic settings to protect structures from insects. Minimally toxic and very effective, they are widely used in controlling pests within the community.
Synthetic Pyrethroids Market Trends
The increasing adoption of integrated pest management (IPM) practices, which prioritize non-chemical pest control methods, presents opportunities for the synthetic pyrethroid market. The need for effective pest management solutions in growing urban areas and the rising prevalence of pesticide resistance among pests further drive market growth. Environmental regulations and concerns over the impact of pesticides on human health and ecosystems pose challenges to the market. However, the development of eco-friendly and rational synthetic pyrethroid formulations provides growth opportunities.
Asia-Pacific is expected to dominate the synthetic pyrethroids market due to the region's large agricultural sector, favorable climatic conditions for pest proliferation, and the growing awareness of crop protection.
Type segment: Lambda-cyhalothrin is projected to hold the largest market share due to its broad-spectrum efficacy and low mammalian toxicity.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.4% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.4% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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