Pyrethroids Market Report 2025

The pyrethroids market size has grown strongly in recent years. It will grow from $3.89 billion in 2024 to $4.09 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increased agricultural pest pressure, shift from organophosphates to pyrethroids, growth in urbanization and pest control, advancements in agriculture practices, public health concerns and vector control.

The pyrethroids market size is expected to see strong growth in the next few years. It will grow to $5.22 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing demand for organic farming, emergence of new pest strains, expansion of public health programs, increasing awareness of insect-borne diseases, expansion of animal husbandry practices. Major trends in the forecast period include technological innovations in formulations, biopesticide alternatives to pyrethroids, precision agriculture and targeted application, collaboration for research and development, application in non-agricultural settings.

The increasing incidence of vector-borne diseases is anticipated to drive the growth of the pyrethroid market. Vector-borne diseases are illnesses caused by pathogens and parasites that are transmitted to humans through the bites of infected arthropods, including mosquitoes, ticks, and fleas. The rise in these diseases can be linked to various factors, such as climate change, which expands the habitats of vectors like mosquitoes and ticks, allowing them to flourish in new areas. Furthermore, urbanization, deforestation, and increased interactions between humans and animals create favorable conditions for disease transmission, worsening the spread of these illnesses. As synthetic insecticides, pyrethroids are extensively used to manage mosquito and tick populations that transmit such diseases. For example, in December 2023, GOV.UK, a public sector information website created by the Government Digital Service, reported that there were 2,004 confirmed cases of malaria in England, Wales, and Northern Ireland in 2023 following international travel, up from 1,369 cases in 2022. Thus, the rising incidence of vector-borne diseases is propelling the growth of the pyrethroid market.

The rising food demands of an expanding population are expected to drive the growth of the pyrethroids market in the future. These food demands refer to the escalating requirements for food resources due to the growing global population. Pyrethroids play a vital role in ensuring higher crop yields by effectively managing insect infestations, which contributes to food security and helps meet the increasing agricultural productivity needed to sustain a larger global population. For instance, in September 2022, the U.S. Census Bureau, a government organization in the United States, reported that the resident population of the U.S. grew by 0.4%, or 1,256,003 individuals, reaching 333,287,557 in 2022. Therefore, the rising food demands of a growing population are propelling the pyrethroids market.

A prominent trend in the pyrethroids market is the focus on product innovations by companies aiming to sustain their market positions. In August 2023, Albaugh LLC, a chemical manufacturing company, introduced Afiado, a soybean insecticide combining Acetamiprid and Bifenthrin. This innovative pesticide is designed to control soybean stinkbugs, offering farmers a new solution to protect their harvests. Such advancements showcase companies' commitment to agricultural innovation and sustainability in the pyrethroids market.

Major players in the pyrethroids market are directing efforts towards the development of Axalion Active, a novel sucking pest control product. For instance, in January 2023, BASF SE launched Axalion Active, an insecticide introduced in Australia with plans for global expansion. This new product, containing dimpropyridaz, aims to support farmers in safeguarding their crops against various pests.

In May 2022, Albaugh, LLC, a chemical producer based in the US, acquired Rotam Global AgroSciences Limited for an undisclosed sum. This acquisition is intended to bolster Albaugh's position in the global agrochemical industry, enhance its product offerings, and expand its reach, especially in the Asia-Pacific region. Rotam Global AgroSciences Limited is an agrochemical company located in China, specializing in pyrethroids.

Major companies operating in the pyrethroids market include BASF SE, Dow Inc., Bayer CropScience AG, Rallis India, Sumitomo Chemical Co Ltd., Heranba Industries Limited, DuPont de Nemours Inc., United Phosphorus Limited, FMC Corporation, Nufarm Limited, Meghmani Organics Ltd, Jiangsu Yangnong Chemical Co. Ltd., Nanjing Red Sun Co.Ltd., Bonide Products LLC, Gharda Chemicals Limited, Tagros Chemicals India Pvt Ltd., Bharat Rasayan Ltd., Hemani Industries Limited, Adama Agricultural Solutions Ltd., Shandong Dacheng Pesticide Co. Ltd, Syngenta AG, SinoHarvest Corporation, Shanghai Mingdou Chemical Co Ltd., Dalian Sinobio Chemistry Co. Ltd, Jiangsu Huangma Agrochemicals Co. Ltd.

Asia-Pacific was the largest region in the pyrethroids market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the pyrethroids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pyrethroids market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Pyrethroids represent a category of synthetic insecticides akin to natural pyrethrins, which are present in the flowers of chrysanthemum plants. Due to their insecticidal properties, pyrethroids find widespread application in agriculture, households, and public health.

The primary products within the pyrethroids category include bifenthrin, deltamethrin, permethrin, cypermethrin, cyfluthrin, lambda-cyhalothrin, and others. Bifenthrin, a synthetic pyrethroid insecticide, is extensively utilized for pest control in various agricultural and residential contexts. It is also employed for non-crop purposes, such as in turfs and ornamentals. Effective against a range of pests including lepidoptera, sucking pests, coleoptera, diptera, mites, among others, bifenthrin is applied in cereals and grains, oilseeds and pulses, as well as fruits and vegetables.

The pyrethroids market research report is one of a series of new reports that provides pyrethroids market statistics, including pyrethroids industry global market size, regional shares, competitors with a pyrethroids market share, detailed pyrethroids market segments, market trends and opportunities, and any further data you may need to thrive in the pyrethroids industry. This pyrethroids market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The pyrethroids market consists of sales of agricultural products such as sprays, dust, and granules, household insecticides such as aerosol, liquid concentrates, and ready-to-use formulations. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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