Africa Pyrethroid Insecticide Market - Growth, Trends and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Agriculture | No. of Pages - 111 | Published By - Mordor Intelligence

Report Highlights

The Africa pyrethroid insecticides market is expected to grow at a CAGR of 4.7% during the forecast period from 2016 to 2021. A pyrethroid is an organic compound that are synthetic analogs of pyrethrins. These pyrethrin like compounds are widely used against number of insects including household arthropods. These products 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.

The region’s population is growing, but the farmlands have been decreasing pushing farmers to increase their yields. New farming practices are adopted by farmers all over the region to increase crop yields through encouraging government support. These factors coupled with high performance of pyrethroids against insects have led a continuous market growth for the industry. Product development, sustainable farming options and growing demand from developing regions are identified as the opportunity segments for the industry’s future growth. However, issues over product labeling and popularity of bioinsecticide products may act as obstacles for market growth.

The market is classified based on the active ingredients, crop types and geography. Depending on active ingredients, the market is classified into Perimethrin, Deltamethrin, Allethrin/Bioallethrin, Cypermethrin, Permethrin and Other Pyrethroids. For various crops, diverse insecticides are used. Pyrethroid insecticides are also segmented by their usage in crops like cereals and grains, oilseeds, fruits and vegetables etc. Non-crop utilization of insticides in turfs, ornamentals and others is also studied.

The market is also segmented geographically into South Africa, Egypt and others. South Africa generates the largest demand in the region followed by Egypt. The rising population, food security demand and a growing agricultural sector are the major reasons for growing usage of pyrethroid insecticide in the region.

Pyrethroid inseticides gain popularity over low application rate and environmental safety compared to other classes of insecticides. The major companies in Africa pyrethroid insecticides market are Syngenta, Bayer, BASF, DuPont, Dow agrosciences, Monsanto, UPL etc. major companies are investing profoundly in new product development to keep up with competition and gain market share.

Key Deliverables in the Study

Market analysis for the Africa Pyrethroid Insecticide Market, with region specific assessments and competition analysis on Africa and regional scales

Market definition along with the identification of key drivers and restraints

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a Africa and regional scale

Extensively researched competitive landscape section with profiles of major companies along with their market shares

Identification and analysis of the macro and micro factors that affect the Africa Pyrethroid Insecticide market on both Africa and regional scales

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Insights on the major countries/regions in which this industry is blooming and to identify the regions that are still untapped

 

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