COVID-19 Impact on Phenylpyrazole Market

  • The COVID-19 outbreak hindered the demand for phenylpyrazole in several ways. Governments of various countries across the globe enforced lockdown measures to curb the spread of the coronavirus. This resulted in slowdown and even halt in manufacturing operations, thus hampering the demand for phenylpyrazole.
  • The COVID-19 outbreak has directly affected the production and demand for phenylpyrazole. The industrial shutdown caused by the COVID 19 pandemic created disruption in the supply chain. Disruption in supply of raw materials is projected to hamper full-scale operations of companies operating in the market.

Key Drivers of Phenylpyrazole Market

  • The pest control industry strives to continually develop new chemical formulae that help kill problematic pests faster, and in an easier and more effectively way than existing chemicals. Phenylpyrazoles are versatile and can be processed in many forms such as insecticide concentrates, foaming aerosols, gel baits, and pet sprays.
  • Phenylpyrazole is a relatively new pesticide chemical class that is being widely-used in dogs and cats, and moderately in livestock. In Latin America, the usage of phenylpyrazole in livestock is increasing, Rise in veterinary application of phenylpyrazole is expected to boost the phenylpyrazole market.
  • In agriculture, phenylpyrazole is widely popular in cotton, rice, corn, and sugarcane as an insecticide. It is replacing organophosphates such as chlorpyrifos. This is a significant factor projected to fuel the global phenylpyrazole market during the forecast period.

Restraints of Phenylpyrazole Market

  • Phenylpyrazole is classified as a WHO Class II moderately hazardous pesticide. Safety precautions must be taken when using phenylpyrazole. Occupational hazards to farmers is likely to hinder the demand for phenylpyrazole.
  • Competition from other insecticides is also anticipated to hamper the phenylpyrazole market in the near future

Asia Pacific to Constitute Significant Share of Global Phenylpyrazole Market

  • In terms of region, the global phenylpyrazole market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific dominated the global phenylpyrazole market in 2021. Asia Pacific is the major region of the global phenylpyrazole market led by the expansion of the agriculture industry in the region. Rise in consumption of insecticides is also boosting the phenylpyrazole market in the region.
  • North America and Europe are also key consumers of phenylpyrazole. The phenylpyrazole market in North America and Europe is anticipated to expand at a moderate pace in the near future.

Competitive Landscape of Global Phenylpyrazole Market

  • Major players operating in the phenylpyrazole market are adopting various organic and inorganic growth strategies such as joint ventures, mergers & acquisitions, expansion, collaborations, new product launches, strategic alliances, and research and development to increase their regional presence and business operations
  • The phenylpyrazole market is currently witnessing fierce competition among several leading players. Key players operating in the phenylpyrazole market include Bayer AG, BASF SE, Kukbo Science Co. Ltd., Gharda Chemicals Ltd, Shenzhen Horizon Industry Co., Ltd, Syngenta, and Boehringer Ingelheim.

Global Phenylpyrazole Market: Research Scope

Global Phenylpyrazole Market, by Type

  • Fipronil
  • Ethiprole
  • Pyriprole
  • Others

Global Phenylpyrazole Market, by End-user

  • Agriculture
  • Domestic Pest Control
  • Veterinary

Global Phenylpyrazole Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Phenylpyrazole: Market Introduction

  • Phenylpyrazole is a member of the class of pyrazoles and is chemically related to broad-spectrum insecticides
  • Phenylpyrazole includes pesticides such as fipronil, ethiprole, and pyriprole
  • Phenylpyrazole was developed to combat increasing resistance from target insects against common pesticides. Fipronil is the first and most popular phenylpyrazole insecticide. Fipronil is used to treat many insects such as fleas, ants, and termites. It is also used in some brands of gel baits to kill cockroach infestations. For many years, fipronil was the only commercially available active ingredient in the phenylpyrazole class. More have made their way onto the market, such as products containing pyriprole and ethiprole.
  • Phenylpyrazole is primarily used in agriculture, veterinary, and domestic pest control applications

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

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Phenylpyrazole Market