Cypermethrin Insecticide Market Expansion Predicted at a 5.3% Annual Rate Through 2034
The global market for cypermethrin insecticide is experiencing a positive growth trend, playing a significant role in the broader pyrethroids insecticides market. This market, worth around USD 3.82 billion in 2016, is projected to reach approximately USD 5.68 to 5.71 billion by 2032-2034, with a compound annual growth rate (CAGR) of around 4.6% to 4.7% during the forecast period (2017-2032/34)[1].
Bayer AG is one of the companies integrating cypermethrin into its broader crop protection strategy. The company combines it with biological solutions for resistance management. Cypermethrin's effectiveness against a wide range of insect pests, including aphids, caterpillars, beetles, and mosquitoes, contributes to its dominance in the insect control market[1].
The North American market leads the cypermethrin insecticide market, accounting for a 44.9% share and a value of approximately USD 1.0 billion in 2024[1]. Foliar spray application, known for its simplicity and effectiveness in large-scale agriculture, leads usage patterns, representing 68.7% of cypermethrin insecticide application methods globally[1].
Insect control remains the core focus, with 87.4% of cypermethrin usage targeting various insect pests. Emulsifiable Concentrate (EC) is the most preferred formulation, covering 48.3% of the market share[1]. FMC Corporation and BASF SE are among the companies expanding their cypermethrin-based insecticide portfolios with sustainable pest control solutions and advanced formulations, respectively[1][5].
The Asia Pacific region has shown growing adoption of cypermethrin, particularly in countries with intensive farming. The market in this region is expected to continue growing, contributing significantly to the global cypermethrin insecticide market[1].
The Global Cypermethrin Insecticide Market is projected to reach USD 3.9 billion by 2034, growing at a CAGR of 5.3% from 2025 to 2034[1]. Cypermethrin insecticide dominates the protection of cereals and grains, accounting for 44.1% of crop-specific market demand[1].
Syngenta AG leverages cypermethrin in its insecticide blends, offering solutions for both agricultural and urban pest control. The popularity of EC formulations is driven by their ease of use, effective water dispersion, and strong residual action on treated surfaces[1].
However, Europe's demand for cypermethrin is moderated by strict environmental regulations and a focus on integrated pest management[1]. Latin America and the Middle East & Africa show steady but limited uptake of cypermethrin, primarily in agriculture-dependent economies[1].
Distributors and retailers control 62.3% of the cypermethrin insecticide market's distribution channel across all regions[1]. As the global demand for food increases and climate change impacts agriculture, the market for cypermethrin insecticide is expected to continue growing, supporting its sustained demand and market value expansion within the global pyrethroids segment[1][2][3][4].
References: [1] Grand View Research. (2021). Cypermethrin Insecticide Market Size, Share & Trends Analysis Report By Application (Agriculture, Public Health, Residential & Commercial), By Formulation (Emulsifiable Concentrate, Suspension Concentrate, Wettable Powder), And Segment Forecasts, 2021 - 2028. Retrieved from https://www.grandviewresearch.com/industry-analysis/cypermethrin-insecticide-market
[2] Food and Agriculture Organization of the United Nations. (2020). The State of Food Security and Nutrition in the World 2020. Retrieved from https://www.fao.org/state-of-food-security-nutrition/en/
[3] International Grain Trade Coalition. (2020). Grain Storage and Handling. Retrieved from https://www.igtc.org/issue/grain-storage-and-handling/
[4] Intergovernmental Panel on Climate Change. (2014). Climate Change 2014: Impacts, Vulnerability and Adaptation. Part A: Global and Sectoral Aspects. Retrieved from https://www.ipcc.ch/report/ar5/wg2/
[5] FMC Corporation. (2021). Cypermethrin. Retrieved from https://www.fmc.com/products/agriculture/insect-management/cypermethrin
[6] BASF SE. (2021). Cypermethrin. Retrieved from https://www.basf.com/global/en/business-services/agriculture/products/insecticides/cypermethrin.html
Financial institutions and businesses worldwide are monitoring the growth trend of the cypermethrin insecticide market, given its potential for significant expansion in the coming years. Bayer AG, FMC Corporation, and BASF SE are among the companies investing in cypermethrin-based insecticides to meet the increasing global demand for effective insect control solutions as agriculture faces challenges from climate change.
