(MENAFN- America News Hour) In a recently published report, Global Lambda cyhalothrin Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Lambda cyhalothrin Market products.
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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.
Global Lambda cyhalothrin Market is valued approximately USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Lambda cyhalothrin is a class of pyrethroid chemical insecticide with a wide range of applications and characteristic repellent properties. Pyrethroid chemicals are synthetic pyrethrin chemical equivalents that are naturally occurring compounds found in Chrysanthemum plant flowers. The growth of the global market for lambda cyhalothrin is driven by rising concerns about insect-transferable diseases, focusing on disease prevention rather than cure, and rapid growth of commercial pest control services. According to Statista, about 68 percent of all U.S. revenues from pest control services came from residential services, while 28 percent came from non-residential services. Problems relating to the toxicity of lambda cyhalothrin such as irritation of the skin and eyes, non cardiogenic pulmonary edema, cardiovascular toxicity, coma, seizures and severe muscle fasciculation and strict government regulations on the use of insecticides hamper the overall growth of the market. Rising food grain demand due to rapid population growth and a considerable reduction in per capita farmland due to rapid industrialization and urbanization is an opportunity factor.
The regional analysis of global Lambda cyhalothrin market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. While the rise in bedbugs and other insects across the U.S. is a major concern for homeowners and business owners alike, it has been a boom for the extermination and pest control industry. Indeed, the North American region led the global pest control market in 2018, with US revenues rising by around 50%
Major market player included in this report are:
BASF SE
Marrone Bio Innovations
Biostadt India Limited
Agromonti Company
Hamlung Chemicals Co Ltd
Nufarm Ltd.
Jiangsu Xinnuo Chemicals Co Ltd
Jiangsu Yangnong Chemicals Group Co Ltd
Fengshan Group
Jiangsu Huangma Agrochemicals Co Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Capsule Suspensions
Emulsifiable Concentrate
Suspension Concentrate
Liquid
Water Dispersible Granules
Others
By Ownership:
Agriculture
Public Health
Homes and Gardens
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Lambda cyhalothrin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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