농업용 피레스로이드 살충제 시장 예측(-2030년) : 제품 유형별, 작물 유형별, 제형 유형별, 작용 메커니즘별, 유통 채널별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Agricultural Pyrethroid Insecticides Market is accounted for $1.75 billion in 2023 and is expected to reach $3.30 billion by 2030 growing at a CAGR of 9.5% during the forecast period. Agricultural pyrethroid insecticides are synthetic compounds derived from natural pyrethrins found in chrysanthemum flowers. Widely used in agriculture, they effectively control a broad spectrum of pests, including insects, mites, and ticks. Pyrethroids disrupt nerve function in insects by targeting sodium channels, leading to paralysis and death. They are favoured for their low mammalian toxicity and rapid degradation in the environment, reducing residual harm to non-target organisms. Application methods vary, including sprays, dusts, and granules, making pyrethroids versatile tools in integrated pest management strategies.

According to The Food and Agriculture Organization (FAO) in 2020, the global population is likely to reach 10 billion by 2050 and would result in a growth of over 50% in agricultural demand as compared with 2020.

Market Dynamics:

Driver:

Pest control needs

Agriculture faces constant threats from a wide array of pests, including insects, mites, and ticks, which can cause substantial yield losses if left uncontrolled. Pyrethroid insecticides offer effective and broad-spectrum control against a variety of pests, making them indispensable tools for farmers seeking to safeguard their crops and ensure optimal productivity. As such, the continuous demand for effective pest control solutions in agriculture sustains the growth and relevance of the agricultural pyrethroid insecticide market.

Restraint:

Environmental concerns

Pyrethroids are generally considered less harmful to mammals and birds compared to some other pesticide classes, but they can still pose risks to aquatic life and beneficial insects such as bees and butterflies. Pyrethroids can enter water bodies through runoff or drift during application, leading to contamination of aquatic habitats. Furthermore, their broad-spectrum activity may also harm non-target insects crucial for ecosystem functioning, including pollinators and natural predators of pests. These factors hamper market demand.

Opportunity:

Growing adoption of organic farming practices

Organic farming emphasizes the use of natural inputs and sustainable practices to cultivate crops while minimizing reliance on synthetic chemicals, including pesticides. Pyrethroid insecticides provide organic farmers with an effective tool for managing pest outbreaks while maintaining compliance with organic standards. As a result, the growth of organic farming practices contributes to the sustained demand for pyrethroid insecticides in agriculture.

Threat:

Resistance development

Prolonged and extensive use of pyrethroids selects for resistant pest populations, reducing the efficacy of these insecticides over time. Pest species can develop resistance through various mechanisms, including target site insensitivity, metabolic detoxification, and behavioral adaptations. However, target site insensitivity involves mutations in the sodium channels targeted by pyrethroids, rendering them less susceptible to the insecticidal effects. Overall, resistance development is a significant factor hindering market expansion.

Covid-19 Impact

The COVID-19 pandemic had a significant impact on the agricultural pyrethroid insecticide market. Initially, disruptions in supply chains, logistical challenges, and labor shortages hampered the production and distribution of agricultural inputs, including insecticides. Moreover, the pandemic accelerated trends towards sustainable agriculture and food self-sufficiency, with more farmers adopting integrated pest management practices and organic farming methods.

The permethrin segment is expected to be the largest during the forecast period

The permethrin segment is estimated to hold the largest share. Permethrin is a synthetic pyrethroid insecticide widely used in the agricultural sector for pest control. Permethrin acts by disrupting the nervous system of insects, leading to paralysis and eventual death. Additionally, permethrin offers several advantages, including its broad-spectrum activity, fast knockdown effect, and relatively low mammalian toxicity. Its residual activity provides extended protection against pests, reducing the need for frequent reapplications and minimizing crop damage.

The agriculture segment is expected to have the highest CAGR during the forecast period

The agriculture segment is anticipated to have lucrative growth during the forecast period. Pyrethroid insecticides play a crucial role in protecting crops from a wide range of damaging pests, including insects, mites, and ticks, thereby safeguarding agricultural productivity and food security. The versatility and broad-spectrum activity of pyrethroids make them indispensable tools for integrated pest management (IPM) strategies, enabling farmers to combat pest outbreaks efficiently while minimizing environmental impact.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period, due to its vast agricultural landscape, diverse crop production, and growing population. This region encompasses countries with varying climates, from tropical to temperate, providing ideal conditions for a wide range of crops but also creating favourable environments for pest proliferation. Moreover, pyrethroid insecticides are extensively used across various crop types in the region, including rice, wheat, vegetables, fruits, and cotton, to combat pests such as aphids, caterpillars, and mites.

Region with highest CAGR:

North America is expected to witness profitable growth over the projection period, characterized by its advanced agricultural practices and stringent regulatory frameworks. The United States and Canada are major players in agricultural production, cultivating a wide range of crops, including grains, oilseeds, fruits, vegetables, and specialty crops. Furthermore, pyrethroid insecticides are widely used across North America to control pests such as aphids, thrips, beetles, and caterpillars, which can cause substantial damage to crops and reduce yields.

Key players in the market

Some of the key players in the Agricultural Pyrethroid Insecticides Market include Adama Agricultural Solutions, Syngenta Ag., Basf Corporation, Nufarm, Fmc Corporation, Bayer Cropscience Ag., United Phosphorus Limited, Sumitomo Chemical Co. Ltd., Arysta Lifescience India Limited, Sinoharvest Corporation, DuPont and Amvac Chemicals.

Key Developments:

In January 2024, BASF announced a new collaboration with Envision Energy, a leading green technology provider of comprehensive net zero solutions. The collaboration aims to further develop the conversion of green hydrogen and CO2 into e-methanol through an advanced, dynamic process design.

In July 2023, Sumitomo Chemical Co., Ltd and Ginkgo Bioworks announced a new program to develop functional chemicals with synthetic biology and expand upon the companies' existing bio manufacturing partnership.

In May 2022, Sumitomo Chemical Co., Ltd. and OOYOO Ltd. announced that their joint project to develop a new system for separating and capturing CO2 from factory exhaust gas using CO2 separation membranes has been selected by Japan's New Energy and Industrial Technology Development Organization (NEDO).

In March 2022, AMVAC(R) and BASF announced a collaboration to develop Rhizo-Flo(R) granular soybean inoculant as an exciting addition to the expanding SIMPAS-applied Solutions(TM) portfolio.

Product Types Covered:

• Cypermethrin
• Permethrin
• Deltamethrin
• Lambda-cyhalothrin
• Bifenthrin
• Other Product Types

Crop Types Covered:

• Oilseeds & Pulses
• Fruits & Vegetables
• Grains & Cereals
• Other Crop Types

Formulation Types Covered:

• Powder Formulations
• Liquid Formulations
• Granular Formulations

Mode of Actions Covered:

• Systemic Insecticides
• Contact Insecticides
• Fumigant Insecticides

Distribution Channels Covered:

• Retail Sales
• Distributor Sales
• Direct Sales

Applications Covered:

• Soil Treatment
• Foliar Spray
• Seed Treatment
• Other Applications

End Users Covered:

• Forestry
• Agriculture
• Horticulture
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Agricultural Pyrethroid Insecticides Market, By Product Type

• 5.1 Introduction
• 5.2 Cypermethrin
• 5.3 Permethrin
• 5.4 Deltamethrin
• 5.5 Lambda-cyhalothrin
• 5.6 Bifenthrin
• 5.7 Other Product Types

6 Global Agricultural Pyrethroid Insecticides Market, By Crop Type

• 6.1 Introduction
• 6.2 Oilseeds & Pulses
• 6.3 Fruits & Vegetables
• 6.4 Grains & Cereals
• 6.5 Other Crop Types

7 Global Agricultural Pyrethroid Insecticides Market, By Formulation Type

• 7.1 Introduction
• 7.2 Powder Formulations
• 7.3 Liquid Formulations
• 7.4 Granular Formulations

8 Global Agricultural Pyrethroid Insecticides Market, By Mode of Action

• 8.1 Introduction
• 8.2 Systemic Insecticides
• 8.3 Contact Insecticides
• 8.4 Fumigant Insecticides

9 Global Agricultural Pyrethroid Insecticides Market, By Distribution Channel

• 9.1 Introduction
• 9.2 Retail Sales
• 9.3 Distributor Sales
• 9.4 Direct Sales

10 Global Agricultural Pyrethroid Insecticides Market, By Application

• 10.1 Introduction
• 10.2 Soil Treatment
• 10.3 Foliar Spray
• 10.4 Seed Treatment
• 10.5 Other Applications

11 Global Agricultural Pyrethroid Insecticides Market, By End User

• 11.1 Introduction
• 11.2 Forestry
• 11.3 Agriculture
• 11.4 Horticulture
• 11.5 Other End Users

12 Global Agricultural Pyrethroid Insecticides Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Adama Agricultural Solutions
• 14.2 Syngenta Ag.
• 14.3 Basf Corporation
• 14.4 Nufarm
• 14.5 Fmc Corporation
• 14.6 Bayer Cropscience Ag.
• 14.7 United Phosphorus Limited
• 14.8 Sumitomo Chemical Co. Ltd.
• 14.9 Arysta Lifescience India Limited
• 14.10 Sinoharvest Corporation
• 14.11 DuPont
• 14.12 Amvac Chemicals