What is driving the growth of the pyrethroid market?
The rising demand for pyrethroids in agriculture and home pest control, along with their effectiveness and relative safety compared to other insecticides, are key drivers.
What are the different types of pyrethroids?
Pyrethroids are categorized into type 1, type 2, and Fenpropathrin. Type 1, including bifenthrin and permethrin, holds the largest market share due to its widespread use in agriculture and household applications.
Which region is the largest consumer of pyrethroids?
The Asia-Pacific region dominates the pyrethroid market, accounting for over 50% of global share. This is driven by the extensive use of pesticides in countries like China, India, and Pakistan.
Who are the major players in the pyrethroid market?
Leading companies in the pyrethroid market include The Merck Group, Bayer AG, Sumitomo Chemical, Syngenta AG, and Heranba Industries Limited. These players are constantly innovating and developing new pyrethroid-based products to cater to the evolving market needs.