News on market Pyrethroid Insecticide Market | Page 2
It is significant that the Pyrethroid Insecticide market is budding at a higher CAGR. The prime causes
for the positive market growth may encompass robust industrialization, urbanization, augmented
demands for food, technological enhancements, reduction in the land, product development,
mounting awareness levels among the end users, rising benefits of the product, efficient insect
curbing, burgeoning applications across agricultural sector, and mounting investments by the leading
investments.
Also, the manufacturers are taking up various strategies such as partnerships, acquisitions, and joint
ventures that is ultimately contributing in the inorganic growth of the Pyrethroid Insecticide Market.
On account of all the above factors, it is estimated that the market will register a healthy CAGR in the
upcoming period. The factors that are impeding the overall growth of the market may entail
implementation of strict environmental regulations on pyrethroids and rise in the concerns among
the end users regarding the products toxicity.
Pyrethroid Insecticide Industry can be split by product type, application, and geography. This industry
is segregated by product type as Cypermethrin, Permethrin, Deltamethrin, Allethrin/Bioallethrin,
Bifenthrin, Cyhalotrhin, and others. Among all the product types, the Deltamethrin segment is taking
up a significant amount of share in the market.
Pyrethroid Insecticide Industry is segregated by application as non-crop-based application, crop-
based application, and others. Crop-based application segment involves Cereals & grains, Fruits &
vegetables, Oilseeds, and others. Non-crop-based application can be further categorized as Turf &
Ornamental Grass, and others.
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Among all, the crop-based application is holding the largest share in the market. Pyrethroid Insecticide
Market is segmented by geography as North America, Europe, China, Japan, Southeast Asia, and India.
Geographically, Asia Pacific is the largest share in the Pyrethroid Insecticide market and it is estimated
that the region will continue dominating the market until next couple of years. The factors that can
be attributed to the market growth may entail augmented demands in various countries and rising
agricultural activities.
Countries including China and India can be deemed as major contributors in the market growth.
Conversely, North America is likely to experience the highest growth in the near future owing to rise