Insect Repellent Active Ingredients Market: Comprehensive Study Explore Huge Growth in Future

The global insect repellent active ingredients market size is projected to reach USD 1,361 million by 2026, recording a CAGR of 9.0%, in terms of value. The global insect repellent active ingredients market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. Developing countries in the Asia Pacific have been witnessing strong demand for insect repellent products, especially those associated with public and environmental health. These products are generally sought to control mosquitoes, flies, fleas, and ticks in these regions.

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Key players in insect repellent active ingredients market include Clariant Ag (Switzerland), Lanxess (Germany), Sumitomo Chemical (UK) PLC (UK), Citrefine International Limited (UK), Jiangsu Panoxi Chemical Co. Ltd (China), Qingdao Benzo New Materials Co. Ltd (China), Hefei TNJ Chemical Industry Co. Ltd. (China), NK Chemiosys Pvt. Ltd (India), and Shogun Organics Ltd (India).

The key players are fixated upon improving their market shares, while their newer start-ups are being established rapidly in the market. The insect repellent active ingredients market can be classified as a competitive market as it has the presence of organized and un-organized players, present at the global level. In Asia pacific region unorganized players present several countries. There are numerous and emerging companies, particularly in the Asian markets.
Clariant AG is a leading specialty chemicals company and operates through three segments, namely care chemicals, catalysis, and natural resources. Through its care chemicals segment, it offers industrial and consumer specialties, with a focus on applications and sustainable formulations. The company mainly focusing DEET business segment to kill mosquitoes, ticks, black flies, biting insects. The company has a clear focus on highly attractive, high margin, and low cyclicality segments, which are consumer-facing.

Repellents with less than 10% concentration considered safe for infants and children.
Insect repellents with less than 10% concentration of active ingredients are ideal for infants and children. According to the American Academy of Paediatrics, insect repellents containing less than 10% DEET are safe for children as young as two months old and provide protection for about 2-3 hours. The Department of Health, Centre for Health Protection (CHP) of Hong Kong has also advised that the concentration of DEET for children should not exceed 10%. This preference is attributed to the lower health risks and optimum safety standards associated with lower concentrations of active ingredients, which make it a viable option for usage on infants.

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The North American region accounted for the largest share in the global insect repellent active ingredients market, in terms of value. This is attributed to the problem of insect infestation, which has increased with the increase in population, rapid urban developments, and changes in weather patterns. This, in turn, has led to the increased demand for insect repellent products and services in North American region. Additionally, consumer awareness regarding health and hygiene issues has also increased, leading to a higher demand for insect repellent products in households in North American countries like Canada and Mexico.

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