Permethrin Market Share

Permethrin Market Share

Global permethrin market is concentrated with major industry players including :

• Sumitomo Chemical
• Yangnong Chemical
• Heranba, Bayer
• Tagros
• Meghmani
• Crop Life Science Ltd
• Aestar
• Gharda
• Guangdong Liwei
   

Companies are engaged into technical advancements, product development, capacity expansion, acquisition and mergers should foster industry growth.  Manufacturers are partnering with different research institutes to develop new products to cater rising global demand.
 

In 2018, Neogen launched its new product Prozap Fly Die Ultra. This product is majorly utilized for providing protection to horses against stable flies, house flies, deer flies, face flies, gnats, ticks, lice and mosquitos. This product offers long lasting, sweat proof and hard-hitting characteristics which should accelerate product demand, thus attaining strong market position.
 

Industry Background

This product is classified as an insecticide that belongs to pyrethroid family. This is a synthetic chemical which poses similar characteristics of natural extracts from chrysanthemum flower. This substance belongs to pyrethrin family of drugs. This insecticide works by paralysing and killing mites & eggs of the target insects. This product is predominantly utilised in ornamental lawns, food & feed crop, clothing, livestock & pets and buildings which should accelerate industry growth.