Published Date: 2019-10-21 | Pages: Ongoing | Tables: Ongoing | Report ID: 8173 | Industry: Chemical & Material |
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The global bifenthrin market is expected to gain growth due to high use of insecticides in farming and increasing focus on the improvement of crop yield. Crops such as raspberries, hops, and corn are treated with bifenthrin to protect them from pests and insects. Apart from agriculture, textile is one of the important industries that use bifenthrin. Woolen and cotton products could be some of the key applications of bifenthrin in the textile industry.
Bifenthrin is used in several types of insecticide products and available in different forms such as sprays and granules. It finds application in the control of pests and insects such as mosquitoes, ticks, fleas, termites, and cockroaches. It is included in one of the recommendations from the CDC to fight mosquito-borne diseases such as malaria, West Nile, and Zika. It may also be used as a substitute for some types of pesticides.
Use of Bifenthrin to Increase in Agriculture to Avoid Crop Infestation
Bifenthrin manufacturers are likely to find high sales opportunities in the agriculture industry because of the need to protect crops from infestation and damage from pests and insects. With the increase in the production of food crops, the demand for insecticides such as bifenthrin used in farming is expected to grow in the coming years. Bifenthrin could be used in home applications such as backyard farms, lawns, and gardens as well as commercial applications including agriculture, orchards, greenhouses, and nurseries. There are some drawbacks of bifenthrin that could negatively impact its demand. For instance, bifenthrin has high toxicity to aquatic animals, moderate toxicity to birds, and potential to contaminate surface water as it can tightly bind itself to soil.
Players to Make Strong Investments in Research and Development in Future
The report offers thorough company profiling of key players of the global bifenthrin market such as Yangnong Chemical, FMC, Jiangsu Huifeng Agrochemical, Jiangsu Huangma Agrochemicals, and Jiangsu Chunjiang Agrochemical. Companies are anticipated to focus on improving their research and development operations to introduce innovative and more advanced products. In June 2019, FMC, a US chemical manufacturing company, announced about its plan to invest over $50 million in its Global Research and Development headquarters in Newark, Delaware over the next three years.
Bifenthrin: Mode of Action on Pests and Insects
Market Segments
By Product Type
● 0.95
● 0.97
● Others
By Application
● Cotton
● Rice
● Fruit Tree
● Others
Based on product type, the global bifenthrin market is segmented into 0.97, 0.95, and others. The report also includes exhaustive analysis of key application segments of the global bifenthrin market such as fruit tree, rice, cotton, and others. Bifenthrin could be used to protect cotton farms and greenhouse ornamentals from pests and insects. High demand for leading staple foods such as rice and nutritious fruits is anticipated to increase their cultivation, which could create high requirement for insecticides such as bifenthrin in the farming of these crops.
By Region
North America and China could be among the main bifenthrin markets in terms of distribution. Western countries are expected to show high import https://www.qyrconsulting.com/files/reports/of bifenthrin because of its use in the production of insect repellants and pesticides. china, on the other hand, is a global exporter of bifenthrin and shows higher production of the insecticide among most countries. according to market analysts, chinese companies jiangsu huifeng agrochemical and yangnong chemical are observed to operate with a strong production capacity. in india, increasing production of food crops and development of agriculture could create opportunities for bifenthrin manufacturers. according to usda’s October 2019 report World Agricultural Supply and Demand Estimates, India is projected to maintain its lead as a global rice exporter for the sixth consecutive year in 2019/20.
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