Allied Market Research

Global Forecasts of Permethrin Market to 2023

Permethrin Market by Application (Agricultural, Industrial, Medical, Domestic, Textile, and Personal Care) and Form (Liquid, Powder, Ready-to-use Spray, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

 

Portland, OR -- (SBWIRE) -- 11/24/2017 -- Permethrin is an insecticide belonging to the pyrethroid family. It is a synthetic chemical that acts like a natural extract from the chrysanthemum flower. In addition, it belongs to the family of drugs known as pyrethrin. Permethrin works by paralyzing and killing the mites and their eggs. Permethrin-based products are increasingly deployed in public hygiene mosquito control programs. Moreover, they are used on food & feed crops, ornamental lawns, livestock & pets, clothing, and in structures & buildings.

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The global permethrin market is witnessing significant growth, owing to rise in application on cotton, wheat, maize, and alfalfa crops, as it controls the growth of insects on crops without damaging crops. Moreover, permethrin is immensely utilized in tropical areas to prevent mosquito-borne disease such as dengue and malaria. In addition, regulations implemented by WHO, ICAO, and IHR over the adoption of permethrin products in aviation industry to disinfect aircrafts before departure boost the market growth. However, the US Environmental Protection Agency (EPA) restricts the use of permethrin, owing to its high toxicity to aquatic organisms and bees, which restrains the growth of the market.

The report segments the market on the basis of application, form, and geography. Based on application, the market is categorized into agricultural, industrial, medical, domestic, textile, and personal care. By form, it is classified into liquid, powder, ready-to-use spray, and others (paste and spray). Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

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