Permethrin - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Permethrin Market is accounted for $156.29 million in 2019 and is expected to reach $268.54 million by 2027 growing at a CAGR of 7.0% during the forecast period. Growing product utilization in various industries and increasingly utilized in tropical areas to prevent mosquito-borne disease are the factors driving the growth of the market. However, excessive product exposure causing nausea, muscle weakness, shortness of breath, excessive salivation and headache are hampering the growth of the market.
Permethrin is an insecticide belonging to the pyrethroid family. It is a synthetic chemical that acts as a natural extract from the chrysanthemum flower. Permethrin is utilized for eliminating parasites including head lice, scabies, and ticks from animals & human beings. Permethrin-based products are increasingly deployed in public hygiene mosquito control programs.
Based on the end-user, the textile segment is anticipated to hold considerable market share during the forecast period due to the shifting consumer preferences towards mosquito repellent fabrics in which product is induced into the fabric because of increasing mosquito-borne diseases and rising product utilisation for woollen products protection to eliminate insects. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the growing agricultural industry and increasing demand for insecticides and pesticides from this industry.
Some of the key players profiled in the Permethrin Market include Wavelength Pharmaceuticals, Tagros Chemicals India Ltd, Sumitomo Chemical, Aimco Pesticides, Shanghai Bosman Industrial Co., Ltd, Kalyani Industries, Jiangsu Lanfeng, Heranba Industries Ltd., Golden Harvest Chemical, Crop Life Science Limited, Gharda Chemicals Ltd., Bharat Group, Aristo Biotech, Changzhou Kangmei Chemical, and Shenzhen JingLu Biotechnology Co. Ltd.
• Ready to Use Spray
• Other Forms
• Pharmaceutical Grade
• Industrial Grade
• Agriculture Grade
• Wood preservative
• Lice Treatment
End Users Covered:
• Public Hygiene
• Personal Care
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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