Permethrin Market to Witness Robust Expansion by 2023

New report published by Market Research Report Store (MRRS) which offers insights on the 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.

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Global Permethrin Market: Forecast by Type / Application / Region

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.

The permethrin industry concentration is relatively high; there are nine major manufacturers in the world, which are mainly distribute in China and India. China has sold about 1611 MT in 2016 and India sold 3352 MT at the same year. As for western countries, companies there usually import permethrin for the production of pesticides and insect repellent.

All manufactures in the world are committed to the improvement of product. International companies have been leading the R&D level in the past. These two years, some Chinese manufactures can almost catch up with the world's leading technology.

Global major consumption regions are distributed in China, North America, Europe, India and Japan etc. North America and Europe separately consumed about 13.50% and 14.14% of global total consumption in 2016. China consumed 1611 MT in 2016, accounting for a share of 17.89%. India, as the largest production and consumption region, consumed about 3352 MT in 2016.

Over the next five years, LPI(LP Information) projects that Permethrin will register a 5.0% CAGR in terms of revenue, reach US$ 230 million by 2023, from US$ 180 million in 2017.

Global Permethrin Market: Key Players
Sumitomo Chemical
Yangnong Chemical
Bayer
Heranba
Tagros
Meghmani
Crop Life Science Limited
Aestar
Gharda
Guangdong Liwei

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Related Information:
United States Permethrin Market Research Report 2018
Europe Permethrin Market Research Report 2018
North America Permethrin Market Research Report 2018
Asia-Pacific Permethrin Market Research Report 2018
China Permethrin Market Research Report 2018
EMEA Permethrin Market Research Report 2018
Global Permethrin Market Research Report 2018

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