Permethrin Market - By Form (Liquid, Powder, Ready To Use Spray, and Others), By Application (Textile, Medical, Domestic, Agriculture, Industrial, and Personal Care), and By Region-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 – 2029

                                          
Abstract
                    
The global Permethrin market was estimated at 145 (USD Million) in 2018 and is projected to hit the revenue of over 195 (USD Million) by 2025. The report offers valuation and analysis of the Permethrin market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, revenue estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Million).

Introduction

Permethrin is utilized for eliminating parasites including head lice, scabies, and ticks from animals & human beings. It is an insecticide in which esterifying alcohol comprises of cyclopropane & 3-phenoxybenzyl alcohol and is substituted by 2, 2-dichlorovinyl group & gem-dimethyl group. Furthermore, Permethrin plays a key part as pyrethroid ester acaricide, scabicide, pyrethroid ester insecticide, agrochemical, and ectoparasiticide. Moreover, Permethrin is a pale brown liquid and is comparatively insoluble in water.

Market Growth Dynamics

Permethrin is used as an effective treatment alternative for treating children suffering from scabies. Furthermore, Permethrin is a synthetic pyrethroid that finds application as a topical 5% cream for treating scabies in children. Moreover, its use for treating patients older than 2 months has received the green signal from U.S. food and drug administration. All these aforementioned factors are anticipated to steer the growth of the Permethrin industry over the forecast period.


In addition to this, favorable features of the product have made it a very popular option in the treatment of scabies even among the adult population. For instance, it has been deduced & revealed through observations that Permethrin is effective & well tolerated. It is poorly absorbed through the skin and quickly metabolized. Apparently, the product helps in disrupting sodium channel current, thereby resulting in delayed repolarization and causing the death of parasites in all the phases of the diseases.

Asia Pacific Market To Contribute Lucratively Towards Overall Market Share By 2025

Affirmative government initiatives such as the National Food Security Mission for increasing the yield of rice, pulses, and wheat are anticipated to increase the demand for pesticides in farming activities. This, in turn, will leverage the growth of the Permethrin industry over the forecasting years.

Key players profiled in the Permethrin industry include Gharda Chemicals Ltd., Merck KGaA, Heranba Industries Ltd., Shanghai Bosman Industrial Co., Ltd., Wavelength Pharmaceuticals, Kalyani Industries, Bharat Group, Shenzhen JingLu Biotechnology Co. Ltd, Crop Life Science Limited, Aristo Biotech, and Guilin Chany Nutra Limited.

The global Permethrin market is segmented as follows:

By Form

	Liquid
	Powder
	Ready to use spray
	Others (Dust and Paste)

By Application

	Domestic
	Textile
	Agriculture
	Industrial
	Medical
	Personal Care

By Region

	North America
	
		The U.S.
		Canada
	
	
	Europe
	
		France
		The UK
		Spain
		Germany
		Italy
		Rest of Europe
	
	
	Asia Pacific
	
		China
		Japan
		India
		South Korea
		Southeast Asia
		Rest of Asia Pacific
	
	
	Latin America
	
		Brazil
		Mexico
		Rest of Latin America
	
	
	Middle East & Africa
	
		GCC
		South Africa
		Rest of Middle East & Africa