The North America Pyrethrin Market was worth USD xx million in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2026.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the fertilizers industry.
Pyrethrins are a bunch of naturally found insecticides which are obtained from dried flowers of pyrethrum daisy. As pyrethrins are decomposable and have less impact on human health and environment, they are used over conventional insecticides like organochlorides and organophosphates. Pyrethrums, the raw material used to get pyrethrins, is found in countries like Kenya, Rwanda, Tanzania, Papua New Guinea, Italy, Brazil, Morocco, and Tunisia. Other than the agricultural use, pyrethrins find their major use in veterinary pharmaceuticals, domestic pest control, animal nutrition, timber protection, and disease control.
Drivers and Restraints of North America Pyrethrin Market:
The key factors propelling the North America pyrethrin market are the increasing demand for hygienic products by households, combined with rising North America population and changing lifestyle. Moreover, owing to its natural origin, pyrethrin is highly demanded in the industrial as well as household sector. As pyrethrin is found naturally in nature, there is a major constraint for manufacturers which poses as a key restraint of the North America market. Also, pyrethrin is very sensitive to sunlight, heat, and moisture which limits its use in the farming sector.
North America Pyrethrin Market - By Type:
North America Pyrethrin Market - By Pest Type:
North America Pyrethrin Market - By Applications:
The Market is Geographically divided into:
North America:
The North America Pyrethrin Market dominated the world with highest share of market and is expected to continue its position in the coming years.
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