Bifenthrin Market - Global Industry Analysis, Trends and Forecast 2014 – 2020

Bifenthrin is a chemical compound used as an insecticide. Bifenthrin is a pyrethroid insecticide largely used against red imported fire ants. In addition, bifenthrin is effective against insects such as worms, aphids, ants, moths, gnats, grasshoppers, beetles, midges, mites, ticks, spiders, maggots, yellow jackets, caterpillars, thrips, flies and fleas. Bifenthrin is typically used in nurseries, orchards and homes. The global bifenthrin market is mainly driven by the agriculture sector across the world. The increasing need for better yield due to decreasing arable land and rapidly rising world population is anticipated to fuel the demand for insecticides across the globe. In the agricultural industry, bifenthrin is used extensively for the protection of crops such as corn. The growing demand from nurseries, orchards, homes and agriculture industry is expected to drive the global bifenthrin industry in the next few years.

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Bifenthrin is pale tan to off-white in color and can be crystalline, waxy solid or viscous liquid. Bifenthrin has a weak, aromatic odor. Insecticide products containing bifenthrin are used on cotton, cereals, corn, alfalfa, hay, specific fruits, grass seed, ornamentals, and vegetables. The rising demand in the cultivation such a wide range of plants is predicted to drive the global bifenthrin market in the next few years.

Asia Pacific is expected to be the fastest growing market for bifenthrinin the next six years. The main reason for this is the growing demand from emergent countries such as China, India and South East Asian countries such as Indonesia, Thailand, Vietnam and Malaysia. Additionally, the countries in the geographies such as Africa, South America and the Middle East are showing dynamic economic growth since the last few years. These nations largely include South Africa, Brazil, Argentina, Jordan, Saudi Arabia, Egypt and Israel....