A pyrethroid, otherwise known as a pyrethrum, is an artificial organic compound derived from the flowers of pyrethroids. These are generally used in pest control and as household and commercial insecticides for use in gardens, fields and forests. There are other names by which pyrethrons are known such as pyrethrin, pyrethroid, pyrethrum, pyroxylenol and others.
Pyrethrons are derived from the oils extracted from pyrethroids. The word pyrethroid was first used in 1891 when Thomas O'Rourke, a British researcher first used pyrethroids, which is derived from the oil of pyrethrum, to describe the oil secreted by the flower of the same name. The essential oil is then applied to various plants, insects and other organisms as an insecticide. It is believed to be an effective insecticide against a wide range of pests such as leafhoppers, lacewings, dragonflies and flies.
Market Dynamics
Effectiveness of pyrethroids in controlling the spread of invasive malaria mosquito is expected to propel growth of the global pyrethroids market. For instance, in November 2018, researchers from Liverpool School of Tropical Medicine confirmed that using pyrethroid-PBO treated nets to prevent malaria is more effective at killing mosquitoes in areas where there is a high level of resistance to pyrethroids.
Increasing cabbage stem flea beetle resistance to pyrethoids and the negative impact of these insecticides on natural insect predators of the pest is expected to hinder growth of the global pyrethroids market.
Moreover, human exposure to pyrethroids has been linked to heart disease, which is also expected to limit the market growth. For instance, in January 2020, researchers from Columbia University, New York, in an invited Commentary published in JAMA Internal Medicine, reported that Pyrethroid, the insecticide generally regarded as posing low health risks to humans in ordinary exposure situations, may lead to a 50 percent increase in total mortality and three-fold increase in heart disease deaths in persons with high urinary levels of 3-PBA, a metabolic product of pyrethroids indicative of human exposure.
Pyrethroids market in North America is witnessing several regulatory changes. For instance, in October 2020, United States Environmental Protection Agency released several interim registration decisions for 13 pyrethroid insecticides and one herbicide, paraquat.
Competitive Analysis
Major players operating in the global pyrethroids market include, BASF S.E., Bayer Cropscience AG, FMC Corporation, DowDuPont, Monsanto Company, Nufarm, SinoHarvest Corporation, Syngenta A.G., Sumitomo Chemical, and United Phosphorus.
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