Chlorpyrifos Market Is Poised To Grow at a CAGR of 4.2% by 2033

Introduction

The global Chlorpyrifos Market is experiencing steady growth and is expected to reach approximately USD 2,069.8 Million by 2033, up from USD 1,371.7 Million in 2023. This reflects a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period from 2024 to 2033.

Chlorpyrifos, a widely used organophosphate insecticide, is in high demand due to its effectiveness in pest control across agriculture, particularly in protecting crops like rice, corn, and wheat. The increasing global demand for food production, driven by population growth and the need for higher crop yields, is one of the key factors fueling this market’s expansion.

Additionally, the growing trend of integrated pest management (IPM) systems in agriculture is enhancing the popularity of Chlorpyrifos, as it remains one of the most cost-effective solutions for pest control. Market opportunities for Chlorpyrifos are particularly strong in developing regions, where agriculture is a significant part of the economy, and pest control measures are evolving.

The increasing adoption of modern farming techniques and rising awareness about crop protection presents new avenues for market players. However, concerns regarding environmental impact and human health have led to stricter regulations in some regions, which could pose challenges.

Despite this, the market is expected to benefit from ongoing innovations in formulation technology, which can enhance the safety and efficacy of Chlorpyrifos. As the market continues to evolve, the demand for effective pest control solutions combined with sustainability practices will be a crucial factor driving future growth.

Key Takeaways

• The Global Chlorpyrifos Market is expected to be worth around USD 2,069.8 Million by 2033, up from USD 1371.7 Million in 2023, and grow at a CAGR of 4.2% from 2024 to 2033.
• Chlorpyrifos in liquid form holds a significant market share, representing 54.4% of the product’s formulations.
• In terms of crop type usage, rice cultivation utilizes 34.3% of the market’s total Chlorpyrifos supply.
• The predominant target for Chlorpyrifos application is insect control, accounting for 64.3% of its usage.
• Soil treatment applications of Chlorpyrifos comprise 38.5% of its use, emphasizing its importance in in-ground applications.
• The agricultural sector is the primary end-user of Chlorpyrifos, commanding an 85.3% share of the market.
• In North America, the Chlorpyrifos market holds 42.3% with a value of USD 525.3 million.

Chlorpyrifos Statistics

Chlorpyrifos Impact on U.S. Sites

• Chlorpyrifos has been found in at least 7 of the 1,430 National Priorities List sites identified by the Environmental Protection Agency (EPA).
• The EPA also recommends that children not drink water with chlorpyrifos levels greater than 0.03 milligrams per liter of water 0.03 mg/L for periods of 1-10 days.
• The Food and Drug Administration (FDA) has set tolerances for chlorpyrifos for agricultural products ranging from 0.05 to 15 parts chlorpyrifos per million parts of food 0.05-15 ppm.
• Based on the available data, retaining only the 11 food uses could decrease the average annual pounds of chlorpyrifos applied in the U.S. by 70% as compared to historical usage.
• Four weeks later 28.59 mg (81567 nmol) of chlorpyrifos was administered dermally to each volunteer for 8 hours.

FDA Tolerances for Chlorpyrifos Use

• Most of the oral dose (mean (range) 93% (55-115%)) and 1% of the applied dermal dose were recovered as urinary metabolites.
• Male volunteers received chlorpyrifos as an oral dose of 0.5 mg/kg bw and 1 month later a dermal dose of 5 mg/kg bw.
• The percentage of the administered dose recovered from the urine was 70% after oral dosing and 1.3% after dermal administration.
• In the current study, rats were given single oral gavage doses (1, 10, or 50 mg/kg) of the insecticide chlorpyrifos (CPF).
• Chlorpyrifos SPC 2.32% G Insecticide (Nufarm Americas, Inc.): Active ingredient: chlorpyrifos 2.32%.

Chlorpyrifos Usage & Regulatory Impact

• Nufarm Chlorpyrifos SPC 1.0% MCB Insecticide (Nufarm Americas, Inc.): Active ingredient: chlorpyrifos 1.0%.
• Chlorpyrifos use as a termiticide is significant, with a recent estimate of seven million pounds of AI applied annually, constituting about 30% of the total annual use.
• A tolerance of 0.1 part per million is established for residues of chlorpyrifos, per se, in or on food commodities.
• The entire affected 23 km of freshwater Roding was subject to >0.3 mg/L of the active ingredient chlorpyrifos, but concentrations were considerably less (<30 ug/L) in tidal water.
• River sediment was contaminated with up to 818 mg/kg (fresh weight) chlorpyrifos at Brookhouse Brook and 21 mg/kg 5 km from the spillage point.

Chlorpyrifos Safety & Usage Insights

• The initial concentration of chlorpyrifos in river water (up to 2.5 mg/L) exceeded the level lethal to all the aquatic arthropods present by at least 10-fold, and this group of macroinvertebrates was eliminated.
• Four volunteers were exposed for 5 min to a formulation containing 61.5% chlorpyrifos and 34.5% xylene from an ultra-low volume cold aerosol fog generator delivering 3.8 L/hr.
• No significant reproductive effects were observed for mallards receiving 8 ppm (mg/kg of feed) chlorpyrifos in their diet.
• Birds receiving 80 ppm chlorpyrifos hatched significantly (p<0.05) fewer ducklings per successful nest (5.8) than control (10.2).
• Chlorpyrifos, applied at a concentration of 50 mg/plant, to cauliflower and brussels sprout crops treated with organic fertilizers had measured soil half-lives ranging from 19 to 41 days in soils with an organic carbon content ranging from 0.92 to 2.69%.

Emerging Trends

• Regulatory Challenges and Restrictions: In regions like North America and Europe, strict regulations are limiting chlorpyrifos use, leading to a decline in market demand. However, in Asia-Pacific, less stringent regulations contribute to robust market growth, with significant use in agriculture.
• Demand in Agriculture: Chlorpyrifos remains heavily utilized in agricultural settings for pest control, especially in crops like corn, soybeans, and cotton. Its effectiveness against a broad spectrum of pests supports its continued demand in large-scale farming operations.
• Formulations and Applications: The market sees a preference for emulsifiable concentrate formulations of chlorpyrifos due to their ease of application and effectiveness. Besides agriculture, there are applications in residential pest control, targeting household pests like termites and ants.
• Market Expansion and Innovation: Key players in the market are focusing on strategies like global expansion, investment in research and development, and product innovation to enhance efficiency and reduce environmental impact.
• Growth in Emerging Markets: The chlorpyrifos market is expanding in emerging economies due to increasing agricultural activities and demand for effective pest control solutions, coupled with ongoing development in agricultural practices and technology.

Use Cases

• Agricultural Use: Chlorpyrifos is widely used in agriculture for controlling a variety of insect pests on crops such as soybeans, fruit and nut trees, and row crops. It is particularly valued for its effectiveness in managing difficult-to-control pests, which can significantly impact crop yields.
• Residential Pest Control: Although the use of chlorpyrifos in residential settings has been restricted, it continues to be employed in some areas for controlling termites, ants, and other household pests. The applications are highly regulated to ensure safety and minimize exposure to humans.
• Use on Specific Crops: Certain crops like asparagus, alfalfa, apples, and sugarbeets are among those that have specific allowances for the use of chlorpyrifos. These uses are subject to state-specific regulations which determine where and how chlorpyrifos can be applied.
• Regulatory Compliance: Chlorpyrifos use is tightly controlled, with specific guidelines on how it can be applied, including adherence to label directions to avoid legal violations. Users must comply with these regulations to use chlorpyrifos legally.
• Non-Agricultural Uses: Beyond pest control in residential and agricultural settings, chlorpyrifos is also used in non-food applications such as in golf courses and turf management, where it helps maintain the aesthetic and health of grasses by controlling pest infestations.

Major Challenges

• Regulatory Restrictions: Increasingly stringent regulations globally are limiting the use of chlorpyrifos, particularly in the United States and Europe. This regulatory pressure is driven by concerns over health risks and environmental impacts.
• Health Concerns: Extensive research links chlorpyrifos to a variety of health issues, including neurological effects in children. These health risks pose significant challenges for its continued use and acceptance.
• Environmental Impact: Chlorpyrifos has been found to adversely affect non-target wildlife, particularly aquatic organisms and beneficial insects. This has spurred debates on its environmental sustainability.
• Resistance Development: Pests developing resistance to chlorpyrifos is a growing challenge, reducing its effectiveness in agricultural practices and necessitating the development of alternative solutions or supplementary methods of pest control.
• Market Shifts: There is a shifting preference towards more sustainable and less toxic alternatives. This shift is influencing market dynamics and pushing companies to innovate safer and more environmentally friendly pest control technologies.

Market Growth Opportunities

• Geographical Expansion: The fastest-growing market for chlorpyrifos is in the Asia-Pacific region, driven by less stringent regulations and strong agricultural sector demand. Companies can capitalize on expanding into emerging markets like China and India, which are leading in both production and consumption.
• Innovative Formulations: With the market preference shifting towards liquid formulations due to their ease of application and efficiency, there is an opportunity to innovate and improve formulations. Liquid chlorpyrifos holds a significant market share due to these advantages.
• Targeted Pest Control Solutions: Chlorpyrifos is essential for controlling a wide range of pests, particularly in agriculture. Expanding its use in integrated pest management systems, especially for crops like rice, corn, and soybeans, which are heavily reliant on effective pest control, can provide substantial growth opportunities.
• Regulatory Adaptation: Adapting to and navigating regulatory changes in different regions can open new markets, especially in areas with stringent pesticide use regulations. Companies can focus on meeting these evolving standards to maintain or expand their market presence.
• Value-Added Services: Leveraging distribution channels to provide not only chlorpyrifos but also technical support and consultation can enhance customer loyalty and expand market reach. This strategy is particularly effective in reaching smaller farms and regional markets through personalized services.

Key Players Analysis

• Adama Agricultural Solutions Ltd. is a global leader in crop protection, offering a comprehensive range of herbicides, insecticides, and fungicides. The company emphasizes sustainability and the integration of conventional and biological products to cater to diverse agricultural needs. Adama’s strategic expansions include acquiring majority stakes in other companies to enhance its product offerings and market reach.
• Anhui Fengle Agrochemical Co. Ltd. is a prominent agrochemical company in China, known for producing a variety of pesticides and agrochemicals. The company operates multiple production bases and is heavily involved in both domestic and international markets. Fengle focuses on continuous product development and has established a strong reputation within the agrochemical industry for its extensive range of crop protection products.
• BASF SE as a leading chemical producer, BASF is heavily invested in the development of agricultural solutions including fungicides, herbicides, and insecticides. The company focuses on sustainable agricultural practices and the development of new technologies to improve crop yields and farmer profitability.
• Bayer CropScience is a major player in the agricultural sector, providing a wide range of products including crop protection chemicals, seeds, and biotechnological solutions. The company is dedicated to innovating products that support sustainable agriculture and enhance food security.
• Dow AgroSciences LLC offers a broad portfolio of technologies, including chlorpyrifos products, to improve agricultural productivity. The company focuses on scientific innovations and strategic collaborations to address the challenges faced by global agriculture.
• DuPont plays a significant role in the global agrochemical market by providing advanced solutions for agriculture. The company’s products are designed to improve crop yield and quality, focusing on sustainable agricultural practices.
• FMC Corporation is known for its innovative solutions in crop protection, FMC provides products that help farmers overcome agricultural pests and diseases. The company focuses on the development of new agricultural technologies to enhance productivity and sustainability.
• Syngenta as a leading agriculture company, Syngenta is involved in producing agrochemicals and seeds. It aims to improve global food security by enabling millions of farmers to make better use of available resources through innovative crop solutions.
• Hubei Sanonda Co., Ltd. as part of the ADAMA group, Hubei Sanonda contributes significantly to the production and distribution of agrochemicals. The company’s integration into ADAMA’s global network allows it to leverage international resources and reach, enhancing its capability to supply effective agricultural solutions worldwide.
• Jiangsu Changlong Agrochemical Co. Ltd. This company specializes in the manufacture and supply of various agrochemical products, including chlorpyrifos. It focuses on innovation and quality control, aiming to provide effective solutions for pest control in agriculture.
• Jiangsu Sanonda Co. Ltd. operating under ADAMA, Jiangsu Sanonda plays a crucial role in the global supply chain of agrochemicals. Its facilities contribute to the extensive production capabilities of ADAMA, ensuring a steady supply of products in international markets.
• Makhteshim Agan Group now operating as ADAMA, this company has a strong presence in the global agrochemical market, known for its comprehensive range of products that address a broad spectrum of agricultural needs. The company’s commitment to innovation and sustainability helps it maintain a competitive edge.
• Meghmani Organics Limited in India, this company is a key player in the production of pesticides, including chlorpyrifos. It is committed to environmental safety and the development of cost-effective agricultural solutions that cater to both domestic and international markets.
• Nantong Jinnuo Chemical Co. Ltd. is involved in the production of various chemical products used in agriculture. It leverages advanced manufacturing technologies to ensure high-quality products that meet the evolving needs of the agricultural sector.
• Nufarm Limited is an Australian company, Nufarm is engaged in the development and manufacturing of crop protection products. It is recognized for its innovative solutions that help improve crop productivity and management across different agricultural settings.
• Shandong Tiancheng Biological Technology Co. Ltd. this company is focused on biotechnological advancements in agriculture, including the development of biopesticides that complement or provide alternatives to traditional chemical pesticides like chlorpyrifos.
• Shanxi Sanwei Fenghai Chemical is primarily involved in the production of chemicals for agricultural use. It emphasizes the sustainable production of agrochemicals and adheres to strict environmental and safety standards.
• UPL Limited is a global provider of agricultural solutions including crop protection products, seeds, and post-harvest solutions. The company’s comprehensive approach to agriculture helps it cater to the needs of farmers worldwide, focusing on innovation and sustainability to enhance crop yields and protection.

Conclusion

In conclusion, Chlorpyrifos Market continues to play a significant role in global agriculture due to its effectiveness in managing a wide range of pests across various crops. However, the use of chlorpyrifos is highly regulated due to environmental and health concerns, leading to varied market dynamics across different regions. Companies active in this sector are increasingly focusing on innovation and sustainability to adapt to regulatory pressures and changing market demands.

This includes developing more environmentally friendly formulations and integrating advanced pest management solutions. As the industry navigates these challenges, the future of chlorpyrifos will likely involve a balance between maintaining its agricultural benefits and addressing the environmental and health impacts associated with its use.

Discuss Your Needs With Our Analyst

Please share your requirements with more details so our analyst can check if they can solve your problem(s)

Request a Sample Download PDF