Pyrethroid market has been estimated at USD 5.4 Billion in 2018

Posted by miky santhosh on January 22nd, 2019

Pyrethroid market Overview

Pyrethroids are synthetic insecticides similar to pyrethrins found naturally in chrysanthemum flowers. They are a special chemical class of active ingredients which are related to pyrethrins and resemble them in insecticidal properties. They have a peculiarly short life and biodegrade immediately in the presence of sunlight due to high light sensitivity. It acts as a nervous toxin and leads to paralysis and eventual death of the targeted insects, due to which it has become the most widely used insecticides around the globe.

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The market growth for Global Pyrethroid market is mainly driven due to need to increase crop yield and efficiency. Also, the fact that Pyrethroid is one of the safest insecticides is also aiding market growth. The market growth may decline due to factors like issues over product labeling, popularity of bio-insecticide products, and supply constraints due to its natural origin.