New York, United States , Aug. 27, 2024 (GLOBE NEWSWIRE) -- The Global Cypermethrin Insecticide Market Size is to grow from USD 2.46 Billion in 2023 to USD 4.09 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.22% during the projected period.
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A synthetic pyrethroid insecticide is cypermethrin. With effects on contact and stomach, it is a non-systemic insecticide. Moreover, it functions as an anti-feeder. Neuronal function in the insect is disrupted by its interaction with the sodium channel in its nervous system. regulates several different families of insects, including Hemiptera, Diptera, Coleoptera, and Lepidoptera. For removing caterpillars' leaves and managing fruit borers, it is effective. In addition, veterinarians use it to manage pests that represent a health risk to the public, such as house flies, cockroaches, and mosquitoes. Numerous insects, including cockroaches, mites, fleas, ants, aphids, and mosquitoes, are all tackled by it. Additionally, numerous factors affect the market for cypermethrin insecticide. The main driver is, first and foremost, the growing need for efficient pest management solutions in the agriculture sector. Aphids, mites, and beetles are just a few of the pests that farmers are utilizing cypermethrin pesticides to keep away from. In addition, there is a growing need for cypermethrin insecticides in the public health sector due to greater awareness of vector-borne illnesses including dengue and malaria. Aphids, mosquitoes, and moths are just a few of the many pests that cypermethrin effectively eradicates. Due to its adaptability, it is widely used in both residential and agricultural contexts.
Browse key industry insights spread across 210 pages with 120 Market data tables and figures & charts from the report on "Global Cypermethrin Insecticide Market Size, Share, and COVID-19 Impact Analysis, By Pest Type (Insects, Mites, and Others), By Formulation (Emulsifiable Concentrate, Wettable Powder, and Liquid), By Application (Foliar Spray, Seed Treatment, and Soil Treatment), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The insects segment is anticipated to hold a significant share of the global cypermethrin insecticide market during the projected timeframe.
Based on the pest type, the global cypermethrin insecticide market is divided into insects, mites, and others. Among these, the insects segment is anticipated to hold a significant share of the global cypermethrin insecticide market during the projected timeframe. The insecticide cypermethrin controls a wide range of insects, including those that feed on spinach and cotton, as well as household pests including termites, fleas, and cockroaches.
The emulsifiable concentrate segment is anticipated to grow at a significant pace in the global cypermethrin insecticide market during the projected timeframe.
Based on the formulation, the global cypermethrin insecticide market is divided into emulsifiable concentrate, wettable powder, and liquid. Among these, the emulsifiable concentrate segment is anticipated to grow at a significant pace in the global cypermethrin insecticide market during the projected timeframe. A liquid active element, a couple of petroleum-based solvents, and an agent that permits the formulation to be mixed with water to create an emulsion are the usual components of an emulsifiable concentration formulation.
The foliar spray segment is anticipated to hold a significant share of the global cypermethrin insecticide market during the projected timeframe.
Based on the application, the global cypermethrin insecticide market is divided into foliar spray, seed treatment, and soil treatment. Among these, the foliar spray segment is anticipated to hold a significant share of the global cypermethrin insecticide market during the projected timeframe. Compared to some other application methods, foliar spray is more affordable. It is possible to use foliar sprays with easily accessible equipment.
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North America is expected to hold the largest share of the global cypermethrin insecticide market over the forecast period.
North America is expected to hold the largest share of the global cypermethrin insecticide market over the forecast period. This is due to cypermethrin insecticide is in high demand in the agriculture sector, where it is frequently used to manage pests on a range of crops. The demand for efficient pesticides, such as cypermethrin, to protect crops from pests and illnesses is being driven by the region's expanding population and rising food consumption, which is creating a market for these products. North America has a highly developed and intensive agriculture system.
Europe is predicted to grow at the fastest pace in the global cypermethrin insecticide market during the projected timeframe. The public health sector, which utilizes cypermethrin to control pests in homes and businesses, is driving the European cypermethrin pesticide market. A synthetic pyrethroid pesticide is cypermethrin. In the UK, it is used for a lot of different things. Applications for pest control include wood preservatives, houses, public and commercial structures, and agriculture.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key Vendors in the Hemani Group, BASF, UPL Limited, Peptech Biosciences, Guangdong Liwei Chemical Industry, FMC Corporation, Bharat Group, Syngenta, Nufarm Limited, Heranba Industries Limited, Tagros, Arysta LifeScience, Bayer, Gharda Chemicals, and Others Key Vendors.
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Recent Developments
- In May 2024, in response to a complaint from a regional chemical company, China's Ministry of Commerce (MOFCOM) declared that it has started an anti-dumping investigation into cypermethrin imports from India.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Cypermethrin Insecticide Market based on the below-mentioned segments:
Global Cypermethrin Insecticide Market, By Pest Type
- Insects
- Mites
- Others
Global Cypermethrin Insecticide Market, By Formulation
- Emulsifiable Concentrate
- Wettable Powder
- Liquid
Global Cypermethrin Insecticide Market, By Application
- Foliar Spray
- Seed Treatment
- Soil Treatment
Global Cypermethrin Insecticide Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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