Global Permethrin Market Growth 2023-2029
Permethrin is an insecticide in the pyrethroid family. Pyrethroids are synthetic chemicals that act like natural extracts from the chrysanthemum flower. Permethrin is used in a number of ways to control insects.
Products containing permethrin may be used in Public Hygiene mosquito control programs. They may be used on food and feed crops, on ornamental lawns, on livestock and pets, in structures and buildings, and on clothing. Permethrin may also be used in places where food is handled, such as restaurants. Permethrin was first registered with the United States Environmental Protection Agency (U.S. EPA) in 1979, and was re-registered in 2006.
LPI (LP Information)' newest research report, the “Permethrin Industry Forecast” looks at past sales and reviews total world Permethrin sales in 2022, providing a comprehensive analysis by region and market sector of projected Permethrin sales for 2023 through 2029. With Permethrin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permethrin industry.
This Insight Report provides a comprehensive analysis of the global Permethrin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permethrin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Permethrin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permethrin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permethrin.
The global Permethrin market size is projected to grow from US$ 215.3 million in 2022 to US$ 306.8 million in 2029; it is expected to grow at a CAGR of 306.8 from 2023 to 2029.
The permethrin industry concentration is relatively high; there are nine major manufacturers in the world, which are mainly distribute in China and India. They are Sumitomo Chemical, Yangnong Chemical, Bayer, Heranba, Tagros, Meghmani, Crop Life Science Limited, Aestar, Gharda and Guangdong Liwei. They totally got about 90% market share.
Global major consumption regions are distributed in China, North America, Europe, India and Japan etc. North America and Europe separately consumed about 13% and 14% of global total consumption. China got a share of 17%. India, as the largest production and consumption region, with 34% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Permethrin market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Agriculture Grade
Pharmaceutical Grade
Industrial Grade
Other
Segmentation by application
Agriculture
Public Hygiene
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sumitomo Chemical
Yangnong Chemical
Bayer
Heranba
Tagros
Meghmani
Crop Life Science Limited
Aestar
Gharda
Guangdong Liwei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Permethrin market?
What factors are driving Permethrin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Permethrin market opportunities vary by end market size?
How does Permethrin break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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