Permethrin Market Snapshot (2022 to 2032)

The global permethrin market is expected to be worth nearly USD 382 Million by 2032 from USD 201.7 Million in 2022, growing at a CAGR of 6.6% during the forecast period. Permethrin is a complex compound that is used as an insecticide toxin. The permethrin molecule is used in a variety of applications, including pharmaceuticals and agrochemicals. Permethrin is primarily used in agricultural applications as an insecticide.

Report Attribute Details
Expected Market Value (2022) USD 201.7 Million
Anticipated Forecast Value (2032) USD 382 Million
Projected Growth Rate (2022 to 2032) 6.6% CAGR

Permethrin is used to protect crops from bees because it is a lethal pesticide for bees. Permethrin is also effective against other parasites. Permethrin is also used to control insects in the home. Permethrin is also used to protect woolen textiles from insect attack.

One of the most common pharmaceutical applications of permethrin in humans is the treatment of head lice. Permethrin cream or lotion is available for the treatment of scabies and head lice. Wheat, maize, cotton, and alfalfa are just a few of the crops that are protected by permethrin-based pesticides.

It is also used to keep mosquitos away. Permethrin is marketed under a variety of brand names, including Nix, Acticin, Elimite, Clearkin, DAT, Gzlthrin, and others. Permethrin's increasing use in various industries is expected to drive its demand during the forecast period.

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Which are Some Prominent Drivers Spearheading Permethrin Market Growth?

Permethrin is highly toxic to a variety of parasites and acts as an insect repellent. Permethrin's properties are driving market demand for the substance. Permethrin's pharmaceutical applications, including its use to treat head lice, are expanding rapidly.

Increasing health awareness and a growing population is propelling the pharmaceutical industry forward, driving permethrin demand from pharmaceutical applications. The agricultural industry's growing demand for insecticides and pesticides is also driving permethrin demand. Permethrin's increasing household use is also driving up demand for it in a variety of household applications.

The pharmaceutical industry accounts for the majority of permethrin demand, while research and development are ongoing to discover new applications. Permethrin products with high concentrations are only available on prescription in the United States. As a result, research and development in this market is underway in search of improved products in combination with other substances.

What are the Challenges Faced by the Permethrin Industry?

Because permethrin is a highly toxic substance, it is only used in a few applications and in small amounts. Various regulations imposed by different countries' Food and Drug Administrations may act as a restraining factor for the permethrin market's robust growth during the forecast period.

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Nikhil Kaitwade

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Why is Asia Emerging as an Opportunistic Permethrin Market?

The Asia Pacific, led by Australia, South Korea, Japan, China, and India, may see a significant increase in the permethrin market, accounting for more than 40% in the coming years. The emerging and densely populated regions, such as the Asia Pacific, have seen rapid growth.

The region's dense population can provide a favorable environment for the spread of head lice, driving demand for permethrin. Also, Asia Pacific's demand for permethrin is increasing due to the growing agricultural industry's demand for insecticides and pesticides.

India produces the most pulses, rice, wheat, spices, and spice products. Positive government actions, such as the National Food Security Mission (NFSM), which aims to increase rice, wheat, pulses, and coarse cereals, should drive agricultural pesticide demand, resulting in regional market growth.

How is Europe Contributing to the Growth of the Permethrin Market?

Europe is the second most powerful region, owing to the region's growing pharmaceutical industries and high consumer health awareness. Countries such as France, the United Kingdom, Germany, and Italy drive the European market. Countries are focusing more on health-related research and development in order to develop and build a strong healthcare system. Furthermore, clinical trials and affirmative government initiatives to find solutions and treatments for unmet medical needs.

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Category wise insights

Will the Pharmaceutical Segment propel Market Growth of Permethrin?

The pharmaceutical industry comes in second place in terms of application because it is widely used as a mosquito repellant to prevent mosquito-borne diseases such as dengue fever and malaria. Mosquito nets used to cover beds are treated with a Permethrin solution to kill mosquitos. Permethrin is effective for a longer period of time, such as several months, when used indoors.

Market Competition

Some of the important market players identified across the value chain of global permethrin market are:

  • Biodyne-USA, LLC.
  • GlaxoSmithKline plc.
  • Canixa Life Science
  • Delvin Formulations Pvt. Ltd.
  • Prestige Consumer Healthcare, Inc.
  • Loveland Products, Inc.
  • Geolife Organics Pvt. Ltd.
  • Wavelength Pharmaceuticals
  • Biophore
  • Harman Finochem Ltd.
  • Kalyani Industries Ltd.

Report Scope

Report Attribute Details
Growth Rate CAGR of 6.6% from 2022 to 2032
Market Value in 2022 USD 201.7 Million
Market Value in 2032 USD 382 Million
Base Year for Estimation 2021
Historical Data 2017 to 2021
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered Application, End user, Region
Regions Covered North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East and Africa
Key Countries Profiled USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, BENELUX, Australia & New Zealand, China, Japan, South Korea, India, ASEAN, GCC, South Africa, Turkey
Key Companies Profiled Biodyne-USA, LLC.; GlaxoSmithKline Plc.; Canixa Life Science; Delvin Formulations Pvt. Ltd.; Prestige Consumer Healthcare, Inc.; Loveland Products, Inc.; Geolife Organics Pvt. Ltd.; Wavelength Pharmaceuticals; Biophore; Harman Finochem Ltd.; Kalyani Industries Ltd.
Customization Available Upon Request

Key Segments Covered in the Permethrin Market Report

Permethrin Market by Application:

  • Permethrin for Lice Treatment
  • Permethrin for Insecticides
  • Permethrin for Nematicides
  • Permethrin for Acaricides
  • Permethrin as Wood Preservatives

Permethrin Market by End User:

  • Permethrin for Pharmaceuticals
  • Permethrin for Agricultural Use
  • Permethrin for Other Industries

Permethrin Market by Region:

  • North America Permethrin Market
  • Latin America Permethrin Market
  • Europe Permethrin Market
  • East Asia Permethrin Market
  • South Asia & Pacific Permethrin Market
  • Middle East and Africa Permethrin Market

Frequently Asked Questions

What is the anticipated growth of the Permethrin market until 2032?

FMI projects the global Permethrin market to expand at a 6.6% value CAGR by 2032.

Which region is forecast to be the most lucrative for Permethrin market growth?

Asia is expected to be the most opportunistic Permethrin market

Which are some prominent Permethrin manufacturers?

Biodyne-USA, LLC, GlaxoSmithKline plc. and Canixa Life Science are some prominent Permethrin manufacturers.

Table of Content
	1. Executive Summary
	2. Market Overview
	3. Market Background
	4. Global Permethrin Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
	5. Global Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
		5.1. Lice Treatment
		5.2. Insecticide
		5.3. Nematicide
		5.4. Acaricide
		5.5. Wood Preservative
	6. Global Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use Industry
		6.1. Pharmaceuticals
		6.2. Agricultural
		6.3. Other Industries
	7. Global Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
		7.1. North America
		7.2. Latin America
		7.3. Europe
		7.4. East Asia
		7.5. South Asia & Pacific
		7.6. MEA
	8. North America Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	9. Latin America Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	10. Europe Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	11. East Asia Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	12. South Asia & Pacific Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	13. MEA Permethrin Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
	14. Key Countries Permethrin Market Analysis
	15. Market Structure Analysis
	16. Competition Analysis
		16.1. HH Pharma.
		16.2. Biodyne-USA, LLC.
		16.3. GlaxoSmithKline plc.
		16.4. Canixa Life Science
		16.5. Delvin Formulations Pvt. Ltd.
		16.6. Prestige Consumer Healthcare, Inc.
		16.7. Loveland Products, Inc.
		16.8. Geolife Organics Pvt. Ltd.
		16.9. Wavelength Pharmaceuticals
		16.10. Biophore
		16.11. Harman Finochem Ltd
		16.12. Kalyani Industries Ltd.
	17. Assumptions & Acronyms Used
	18. Research Methodology
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