Permethrin Market Growing at a Cagr of 5.0% Between 2019 and 2025

Permethrin Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.

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Los Angeles, CA -- (SBWire) -- 04/19/2019 --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.

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.

The global Permethrin market was 180 million US$ in 2018 and is expected to 250 million US$ by the end of 2025, growing at a CAGR of 5.0% between 2019 and 2025.

This report studies the Permethrin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Permethrin in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Sumitomo Chemical

Yangnong Chemical

Bayer

Heranba

Tagros

Meghmani

Crop Life Science Limited

Aestar

Gharda

Guangdong Liwei

By the product type, the market is primarily split into

Agriculture Grade

Pharmaceutical Grade

Industrial Grade

Other

By the end users/application, this report covers the following segments

Agriculture

Public Hygiene

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