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Pyrethroid Insecticide Market - South America Industry Growth, Trends and Forec ...
Market Insights
The South American pyrethroid insecticides market is expected to grow at a CAGR of 6.3% over the forecast period 2017-2022. These are widely used against a number of insects including household arthropods as they are low in toxicity to mammals and birds, and require very low doses to kill insects.
Pyrethroids, the synthetic derivatives of pyrethrins, have become one of the oldest and most widely used insecticides around the globe. The systemic insecticide acts as a nervous toxin and leads to paralysis and eventual death of the targeted insects.
Market Dynamics
New farming practices are being adopted by farmers all over the region to increase crop yields. Genetically modified (GM) plants coupled with increased use of the high performing pyrethroids against insects, growing food demand and need for land productivity have led to continuous market growth for the industry. Product development, sustainable farming options and growing demand from developing regions are opportunities for future growth. Pyrethroid insecticides have gained popularity over low application rate and environmental safety as compared to other classes of insecticides. However, issues over product labeling and popularity of bioinsecticide products may act as obstacles.
Market Segmentation
By active ingredients, the market is classified into permethrin, deltamethrin, allethrin/bioallethrin, cypermethrin, permethrin and other pyrethroids. They are also segmented by their usage in crops like cereals and grains, oilseeds, fruits, and vegetables etc. Non-crop utilization of insecticides in turfs, ornamentals etc. are also studied.
Brazil has the highest insecticide demand in the region due to an export-oriented agricultural base. Argentina follows. The low affordability and explicit cost cutting measures of farmers in developing and under developed countries hinder the real potential of the market.
Key Industry Players
The current trend to survive in the market is the research and innovation route. All major companies are investing profoundly in new product development to keep up with competition and gain market share.
The major companies in South America’s pyrethroid insecticides market are:
Key Deliverables in the Study
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings of the Study
4. Market Overview
4.1 Market Dynamics
4.1.1 Drivers
4.1.1.1 Growing Food Demand and Shrinking Land
4.1.1.2 High Efficiency in Insect Control
4.1.1.3 High Demand as Environmental Friendly Insecticide
4.1.2 Constraints
4.1.2.1 Challenges in Product Labeling
4.1.2.2 Popularity of Bioinsecticide Products
4.1.3 Opportunities
4.1.3.1 Product and Technological Innovation
4.1.3.2 Developing Regions Witnessing Faster Demand
4.1.3.3 Sustainable and Integrated Pest Management Techniques
4.1.4 Porter’s Five Forces Analysis
4.1.4.1 Bargaining Power of Suppliers
4.1.4.2 Bargaining Power of Buyers
4.1.4.3 Threat of New Entrants
4.1.4.4 Threat of Substitute Products and Services
4.1.4.5 Degree of Competition
5. Market Segmentation
5.1 By Active Ingredients
5.1.1 Cypermethrin
5.1.2 Permethrin
5.1.3 Deltamethrin
5.1.4 Allethrin/Bioallethrin
5.1.5 Bifenthrin
5.1.6 Cyhalothrin
5.1.7 Other Pyrethroids
5.2 By Application
5.2.1 Crop-Based
5.2.1.1 Cereals & Grains
5.2.1.2 Oilseeds
5.2.1.3 Fruits & Vegetables
5.2.2 Non-Crop-Based
5.2.2.1 Turf & Ornamental Grass
5.2.2.2 Others
5.3 By Geography
5.3.1 South America
5.3.1.1 Brazil
5.3.1.2 Argentina
5.3.1.3 Others
6. Competitive Landscape
6.1 Most Adopted Strategies
6.2 Most Active Companies
6.3 Market Share Analysis
7. Company Profiles
7.1 Bayer CropScience AG
7.2 BASF SE
7.3 Dow AgroSciences
7.4 Nufarm
7.5 Syngenta
7.6 United Phosphorus
7.7 Sumitomo Chemical
7.8 Arysta Lifescience
7.9 Cheminova
7.10 DuPont
7.11 Adama
7.12 Monsanto
8. Appendix
