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Global Permethrin Market to reach USD 336.3Million by the end of 2030.

Global Permethrin Market Size study & Forecast, by Form (Liquid and Powder) and Application (Agricultural, Pharmaceutical, Personal care, Textile and Domestic) and Regional Analysis, 2023-2030

Product Code: CMAM-95185701
Publish Date: 19-06-2023
Page: 200

Global Permethrin Market is valued approximately at USD 201.7 Million in 2022 and is anticipated to grow with a growth rate of more than 6.6% over the forecast period 2023-2030. permethrin is a synthetic chemical in the pyrethroid family that is used as an insecticide, acaricide, and insect repellent. It is used to kill a wide range of insects, mites, ticks, and other pests. Furthermore, Permethrin is used in both residential and commercial settings and on a variety of surfaces including clothing, furniture, and carpets. The Permethrin market is expanding because of factors such as increasing in pharmaceutical and growth in agricultural industry. However, the increasing demand for permethrin in the pharmaceutical industry because Permethrin is used as an insecticide and insect repellent. its importance has progressively increased during the last few decades.

According to Statista, the pharmaceutical industry is responsible for the research, development, production, and distribution of medications Pharma revenues worldwide reached $1.42 trillion in 2021 due to the market’s rapid growth over the previous two decades. The Statista predicts that the size of the worldwide market for smart agriculture would increase from roughly 12.4 billion dollars in 2020 to 34.1 billion dollars in 2026. One of the most effective strategies for reducing extreme poverty, increasing shared prosperity, and feeding an estimated 9.7 billion people by 2050 is agricultural development. In addition, investment in research and development and Growing demand for premium products would create a lucrative growth prospect for the market over the forecast period. However, environmental concerns and health hazards associated with permethrin stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Permethrin Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia Pacific is the dominating region owing to the growing agricultural industry demand for insecticides and pesticides. According to Statista, in 2021, China was the leading country in the Asia-Pacific region in terms of investment into Agricultural, investing around USD 7.2 billion followed by India, USD 4.2 billion. Europe is fastest growing region during the forecast period owing to the region’s growing pharmaceutical industries and high consumer health awareness.

Major market player included in this report are:
Blubell Pharma
Crop Life Science
Golden Harvest Chemical
Kangmei Chemical
Jiangsu Lanfen
Sumitomo Chemical
Aimco Pesticides
Wavelength Pharmaceuticals
Harman Finochem Ltd.
Kalyani Industries Ltd

Recent Developments in the Market:
In April 2020, Wavelength Pharmaceuticals, a leading supplier of active pharmaceutical ingredients (APIs), today reported that it has greatly expanded production of APIs for certain pharmaceutical products needed to manage respiratory critical care patients.

In March 2022, Harman Finochem Ltd. is a reputed Pharmaceutical Company engaged in Development, Manufacturing and Export of Quality APIs and OSD Products.

Global Permethrin Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Form, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:

By Application:
Personal care
Textile and Domestic

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million )
1.2.1. Permethrin Market, by region, 2020-2030 (USD Million )
1.2.2. Permethrin Market, by Form, 2020-2030 (USD Million )
1.2.3. Permethrin Market, by Application, 2020-2030 (USD Million )
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Permethrin Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Permethrin Market Dynamics
3.1. Permethrin Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing in pharmaceutical sector Growth in agricultural industry
3.1.2. Market Challenges side effects of Permethrin
3.1.3. Market Opportunities Investing in research and development Growing demand for premium products
Chapter 4. Global Permethrin Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Permethrin Market, by Form
5.1. Market Snapshot
5.2. Global Permethrin Market by Form, Performance – Potential Analysis
5.3. Global Permethrin Market Estimates & Forecasts by Form 2020-2030 (USD Million )
5.4. Permethrin Market, Sub Segment Analysis
5.4.1. Liquid
5.4.2. Powder
Chapter 6. Global Permethrin Market, by Application
6.1. Market Snapshot
6.2. Global Permethrin Market by Application, Performance – Potential Analysis
6.3. Global Permethrin Market Estimates & Forecasts by Application 2020-2030 (USD Million )
6.4. Permethrin Market, Sub Segment Analysis
6.4.1. Agricultural
6.4.2. Pharmaceutical
6.4.3. Personal care
6.4.4. Textile and Domestic
Chapter 7. Global Permethrin Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Permethrin Market, Regional Market Snapshot
7.4. North America Permethrin Market
7.4.1. U.S. Permethrin Market Form breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Permethrin Market
7.5. Europe Permethrin Market Snapshot
7.5.1. U.K. Permethrin Market
7.5.2. Germany Permethrin Market
7.5.3. France Permethrin Market
7.5.4. Spain Permethrin Market
7.5.5. Italy Permethrin Market
7.5.6. Rest of Europe Permethrin Market
7.6. Asia-Pacific Permethrin Market Snapshot
7.6.1. China Permethrin Market
7.6.2. India Permethrin Market
7.6.3. Japan Permethrin Market
7.6.4. Australia Permethrin Market
7.6.5. South Korea Permethrin Market
7.6.6. Rest of Asia Pacific Permethrin Market
7.7. Latin America Permethrin Market Snapshot
7.7.1. Brazil Permethrin Market
7.7.2. Mexico Permethrin Market
7.8. Middle East & Africa Permethrin Market
7.8.1. Saudi Arabia Permethrin Market
7.8.2. South Africa Permethrin Market
7.8.3. Rest of Middle East & Africa Permethrin Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Blubell Pharma Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Crop Life Science
8.3.3. Golden Harvest Chemical
8.3.4. Kangmei Chemical
8.3.5. Jiangsu Lanfen
8.3.6. Sumitomo Chemical
8.3.7. Aimco Pesticides
8.3.8. Wavelength Pharmaceuticals
8.3.9. Harman Finochem Ltd.
8.3.10. Kalyani Industries Ltd.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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