-- U.S. permethrin market from textile application may witness gains of USD 2.25 million by 2025. Rising product utilization in textile industry for treatment of fabrics to protect from insects should promote industry growth. This product offers long lasting effect, anti-allergic and invisible shield which should accelerate product demand. Rising treated fabrics utilization in U.S. military owing to protect soldiers from insect related anomalies should propel industry growth.
China has played a major role in permethrin industry growth as it has the world’s largest textile sector. The rising exports and domestic demand for high quality apparels in China has efficiently added stimulus to permethrin market share. Permethrin is majorly used to eradicate insects such as silverfish, moths, and carpet beetle that causes textile degradation. In 2015, there were 4,632 enterprises reported in textile sector with assets of CNY 440.805 billion. The 2016-2020 development plan of the textile industry in China emphasizes that a large number of new technologies should be widely applied in energy conservation and consumption reduction. China permethrin market size may exceed $15 million by the end of 2025.
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France permethrin market from pharmaceutical application may witness significant gains of over USD 3 million by 2025. Growing prevalence of dengue fever owing to rising migration from tropical regions for tourism and working purposes should promote product demand.
Permethrin market outlook is anticipated to depict a robust transformation due to rising incidence of scabies and growing awareness among people regarding treatment of the same. Scabies is one of the pervasive dermatological conditions known for effecting substantial proportion of population with skin disease in developing countries.
Globally, scabies is estimated to affect more than 200 million people at any time, a factor that will help to augment the revenue share of permethrin. Approximately, 300 million new cases of scabies occur each year in men, women and children of all ages and races. In 2015, it was assessed that the direct impact of scabies infestation on the skin alone led to 0.21% of disability-adjusted life-years (DALYs) from all conditions globally.
Increasing product utilization for manufacturing personal care products owing to ease of usage, effectivity and handy characteristics should propel industry growth. These products come in the form of lotion, soap and shampoo. This product based personal care products are majorly utilized to treat against severe human body infestation including head lice and scabies which should accelerate industry growth. Rise in demand for lotion-based products as mosquito repellent will fuel the product demand.
With growing usage of insecticides, permethrin will be much in demand to protect crops, especially wheat, from insects and increase production. Global Market Insights, Inc. has compiled a research report which forecasts that permethrin market is likely to surpass a valuation of $200 million by 2025.
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Permethrin market share is consolidated with key industry participants including Crop Life Science Limited, Bayer, Yangnong Chemical, Sumitomo Chemical, Tagros, Heranba, Gharda, Meghmani, Aestar and Guangdong Liwei.
Glimpse of Table of Content (ToC)
Chapter 3 Global Permethrin Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 – 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor Matrix
3.3.2 Distribution channel analysis
3.3.2.1 Distributors
3.4 Regulatory landscape
3.4.1 U.S.
3.4.2 Europe
3.5 Raw material analysis
3.6 Technology landscape
3.7 Pricing analysis
3.8 Cost structure Analysis
3.9 Industry impact forces
3.9.1 Growth Drivers
3.9.2 Industry pitfalls & challenges
3.10 Innovation & sustainability
3.11 Growth potential analysis, 2018
3.11.1 Emerging business model
3.12 Porter’s analysis
3.13 Competitive landscape, 2018
3.13.1 Company market share analysis, 2018
3.13.1.1 Company market share analysis, 2018
3.13.2 Strategy dashboard
3.14 PESTEL analysis
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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