Permethrin Market Trends, Opportunities, and Forecast by 2031

MARKET INTRODUCTION

The permethrin is basically a medication and an insecticide. As a medication, permethrin is used to treat lice and scabies. As an insecticide, permethrin is available in the ready-to-spray containers that are sprayed over mosquito nets or clothing. Permethrin affects the nervous systems of the insects that are contacted with it and results in muscle spasms and paralysis and can also result in the death of the insect. Products that contain permethrin are widely used in public health mosquito programs.

MARKET DYNAMICS

The permethrin market is anticipated to grow in the forecast period owing to the rising demand from the agricultural industry coupled with regulations implemented by IHR, ICAO, and WHO over the adoption of permethrin products in the aviation industry. However, the US Environmental Protection Agency (EPA) limits the use of permethrin, due to its high toxicity to aquatic organisms and bees restrict the growth of the permethrin market. On the other hand, the application of permethrin in the tropical areas that help in preventing mosquito-prone diseases like malaria and dengue are likely to showcase growth opportunities for the permethrin market during the forecast period.

MARKET SCOPE

The "Global Permethrin Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of permethrin market with detailed market segmentation by form, end-user industries, and geography. The global permethrin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading permethrin market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global permethrin market is segmented on the basis of form and end-user industries. Based on form, the market is segmented as liquid, powder and others. On the basis of the applications, the market is segmented as agriculture, industrial, medical, domestic, textile and personal care.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global permethrin market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The permethrin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting permethrin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the permethrin market in these regions.

MARKET PLAYERS

The reports cover key developments in the permethrin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from permethrin market are anticipated to lucrative growth opportunities in the future with the rising demand for permethrin in the global market. Below mentioned is the list of few companies engaged in the permethrin market.

The report also includes the profiles of key permethrin companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

•  Aimco Pesticides LTD.
•  Biophore
•  Changzhou Kangmei Chemical Industry Co.,Ltd.
•  Crop Life Science Limited.
•  Golden Harvest Chemical Co., Ltd.
•  Kalyani Industries Ltd.
•  Loveland Products, Inc.
•  Sumitomo Chemical Co., Ltd.
•  Tagros Chemicals India Ltd.
•  Wavelength Pharmaceuticals

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Permethrin Report Scope