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Permethrin Market Size
- Report ID: GMI4146
- Published Date: Jul 2019
- Report Format: PDF
Permethrin Market Size
Permethrin Market size valued at around USD 150 million in 2018 and expects demand of above 30 Kilo tons by 2025. The liquid form segment dominated the market in 2018 and is anticipated to exhibit remarkable growth rate in next few years.
Rising pesticides demand owing to eradication of crop production losses and increase product quality should accelerate permethrin market growth. This substance offers superior protection against pest infestation owing to high toxicity towards insects and sodium level disruption characteristics should propel the product demand.
Growing product utilization in agricultural, pharmaceutical, personal care, textile and domestic industries should propel the permethrin industry growth. Beneficial characteristics including high potency and selectivity for insects over humans and rapid paralytic effects should promote product demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Permethrin Market Size in 2018: | 150 Million (USD) |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 5% |
| 2025 Value Projection: | 200 Million (USD) |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 241 |
| Segments covered: | Form, Application, and Region |
Escalating diseases prevalence including dengue and malaria should accelerate mosquito repellent demand. Growing product utilization as mosquito repellent owing to superior effectiveness and long-lasting effects should propel the permethrin market share. Supportive government initiatives by U.S. EPA including Integrated Pest Management aiming to control mosquito borne diseases including chikungunya, Zika, dengue and malaria should accelerate product demand.
Rising aviation industry owing to faster travel, low fare and rapid airports infrastructure development should accelerate permethrin market demand. This chemical is predominantly used as a disinfectant during prior departure, descent and deplaning should promote industry growth. Stringent regulations by institutions including WHO, IHR and ICAO on aviation industry for eradicating spreading of diseases from one country to another should accelerate product demand.
Excessive product exposure can lead to nausea, muscle weakness, shortness of breath, headache, excessive salivation and headache which should hamper the permethrin market demand. Commercial product utilisation may cause harm to aquatic organisms and bees owing to its high toxicity which may challenge industry gains.
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Permethrin Market Scope
