Pyrethroids Market - By Type (Type I {Allethrin, Bioallethrin, Permethrin}, Type II {Cypermethrin, Deltamethrin, Lambda-cyhalothrin}, Type III {Esfenvalerate, Bifenthrin}), By Application & Forecast, 2024 – 2032

Adama Agricultural Solutions, Bayer CropScience, Dow AgroSciences, FMC Corporation, Jiangsu Yangnong Chemical Group Co., Ltd., Nufarm Limited, Sinochem Corporation, Sumitomo Chemical Co., Ltd., Syngenta AG, UPL Limited, Valent BioSciences Corporation., and Zhejiang Xinan Chemical Industrial Group Co., Ltd.

Asia Pacific market accounted for USD 1.3 billion in 2023 and is expected to reach USD 2.1 billion by 2032, attributed to the burgeoning urbanization and expansion of agricultural lands.

Global market size for pyrethroids was valued at USD 4.2 billion in 2023 and is anticipated to register 5.3% CAGR between 2024 and 2032, driven by the expanding agricultural sector that necessitates more potent insecticides to combat pests effectively.

The cereals & grains segment in the pyrethroids market held 38.7% revenue share in 2023 and is expected to reach 40% by 2032, as they combat a diverse range of pests that typically infest stored grains, such as storage moths, grain weevils, and rice weevils.