Pyrethroid Market Overview
Pyrethroid Market Dynamics and Trends
Pyrethroids are a class of insecticides that are known for their high effectiveness and safety. They are the least expensive of the insecticides used in malaria vector control and are the only class available for use on ITNs (Insecticide-treated bed nets). All types of ITNs currently recommended by WHO are treated with pyrethroids.
The rising awareness of the efficiency of pyrethroids for controlling a wide range of insects with minimal effects on humans, birds, and animals is a major driver of the pyrethroid market's growth. In 2021, the US EPA (Environmental Protection Agency) increased the amount of pyrethroid exposure considered safe for children threefold, which resulted in lower risk estimates for many pyrethroids, which will further increase the use of pyrethroids.
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The high selective toxicity of these compounds makes them easy and effective to use for insect control in household and agricultural communities, providing market opportunities for manufacturers all over the world. The extensive use of pyrethroids in residential and agricultural industries is a key driver of the pyrethroid market's growth.
Pyrethroid Market Segment Analysis
By Type
- Type1 Pyrethroid
- Type2 Pyrethroid
- Fenpropathrin
By End User
- Agriculture
- Pharmaceutical
- Industrial
- Residential & Commercial Buildings
- Others
By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
Major Companies Covered
Heranba Industries Limited (India), FMC Corporation (U.S.), The Merck Group (Germany), Nufarm (Australia), and Tagros Chemicals India Ltd. (India).
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