Pyrethroids Market Projected to Reach $3,233.24 Million by 2019 New Report MarketsandMarkets
Dallas (PRWEB) March 13, 2015 -- The report Pyrethroids Market defines and segments the pyrethroids market with analyses and projections of the size of the market. It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, burning issues, and challenges. The value of the pyrethroids market is projected to increase to $3,233.24 million by 2019 at a CAGR of 4.8% from 2014. In this report, the pyrethroids market is analyzed in terms of value ($million).
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Browse 69 market data tables and 72 figures spread through 164 pages and in-depth TOC on Pyrethroids Market.
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The market is segmented and the value is projected on the basis of key regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World. The key countries the U.S., Spain, Italy, India, and China are covered and their market is projected for the next five years. The market size is projected on the basis of active ingredient types, crop types, and regions. The market for pyrethroids has a significant impact on crop production. Pyrethroids are broadly categorized in bifenthrin, deltamethrin, permethrin, cypermethrin, cyfluthrin, and lambda-cyhalothrin on the basis of active ingredient types.
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Bifenthrin pyrethroids accounted for the largest share and were followed by deltamethrin pyrethroids in 2013. All segmented active ingredients of pyrethroids are essential elements for crop growth and insect resistance. In 2013, Asia-Pacific accounted for the largest share of the global pyrethroids market. In the same year, Europe contributed the second-largest share, which was followed by Latin America.
The pyrethroids market consists of four crop types: cereals & grains, oilseeds & pulses, fruits & vegetables, and other crops. Other crops include turf, forage, and ornamental crops. The demand for pyrethroids for oilseed crops & pulses accounted for the largest share in 2013, and it is followed by fruits & vegetables, in the same year. Asia-Pacific was the largest market for oilseed crops & pulses in 2013, followed by the European region.
The demand for the new and various pyrethroids products with better yield of crops and quality products, is increasing in the market. The leading brands are engaging in the production of pyrethroids on a global scale, as it is considered to be a growing market in the agriculture industry. The existing companies are actively introducing new pyrethroid products with different active-ingredients in order to achieve the expected yield. Companies such as FMC Corporation (U.S.), Bayer CropScience AG (Germany), United Phosphorus Limited (India), Sumitomo Chemical, Co., Ltd (Japan), and Syngenta AG (Switzerland), and Nufarm Ltd. (Australia) are key players in this market. These companies are using various strategies, to make their products unique, insect- and crop-specific, and to increase the agriculture production by minimizing crop loss.
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