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Market Analysis and Insights: Global Permethrin Market
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.
Due to the COVID-19 pandemic, the global Permethrin market size is estimated to be worth US$ 220.1 million in 2022 and is forecast to a readjusted size of US$ 311 million by 2029 with a CAGR of 5.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Agriculture Grade accounting for % of the Permethrin global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Agriculture segment is altered to an % CAGR throughout this forecast period.
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.
Global Permethrin Scope and Market Size
The global Permethrin market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Permethrin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Agriculture Grade
Pharmaceutical Grade
Industrial Grade
Other
Segment by Application
Agriculture
Public Hygiene
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Sumitomo Chemical
Yangnong Chemical
Bayer
Heranba
Tagros
Meghmani
Crop Life Science Limited
Aestar
Gharda
Guangdong Liwei
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.
Due to the COVID-19 pandemic, the global Permethrin market size is estimated to be worth US$ 220.1 million in 2022 and is forecast to a readjusted size of US$ 311 million by 2029 with a CAGR of 5.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Agriculture Grade accounting for % of the Permethrin global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Agriculture segment is altered to an % CAGR throughout this forecast period.
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.
Global Permethrin Scope and Market Size
The global Permethrin market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Permethrin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Agriculture Grade
Pharmaceutical Grade
Industrial Grade
Other
Segment by Application
Agriculture
Public Hygiene
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Sumitomo Chemical
Yangnong Chemical
Bayer
Heranba
Tagros
Meghmani
Crop Life Science Limited
Aestar
Gharda
Guangdong Liwei
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