The North America Pyrethroid market has been estimated at USD 1.07 Billion in 2016 and is projected to reach USD 1.34 Billion by 2021, at a CAGR of 4.7% during the forecast period from 2016 to 2021.
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Pyrethroids are a special chemical class of active ingredients which are related to pyrethrins and resemble them in insecticidal properties. They are very affective and degrade to harmless derivatives in the atmosphere within a week in sunlight. They are low in toxicity to mammals and birds, and require very low doses to kill insects.
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The market for North America Pyrethroid market is mainly driven due to its high potency and effectiveness that has earned pyrethroids the position of the preferred ingredient in household and industrial insecticides. Though, the market growth may decline due to over product labeling and popularity of bio-insecticide products.
Market Segmentation
- By Active Ingredient type
- Bifenthrin
- Deltamethrin
- Permethrin
- Cypermethrin
- Cyfluthrin
- Lambda-cyhalothrin
- By Crop type
- Cereals & grains
- Oilseeds & Pulses
- Fruits & vegetables
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Geographically, North America market for Pyrethroid is segmented into U.S. and Canada. U.S. tops the market share in this region. The growth of North America market is said to slowly rise with leading brands engaging in the production of pyrethroids, as it is considered to be a growing market in the agriculture industry.
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