COVID-19 Impact on Transfluthrin Market
- The COVID-19 pandemic has impacted many countries across the globe. Various measures introduced to deal with the pandemic such as lockdowns, decrease in trade activities, and closure of various factories and workplaces in several countries could save lives. However, these measures carry wide-ranging economic effects, which can induce an economic contagion.
- Shortage of supply of raw materials from various manufacturers of transfluthrin around the globe has resulted in a severe demand-supply gap. Manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to lockdowns amid COVID-19.
Key Drivers and Restraints of Transfluthrin Market
- The global transfluthrin market is expanding, as consumers are willing to spend more on household insecticides because of globalization and higher incomes. This has allowed consumers to spend more on items other than essentials. Static water can increase mosquito breeding, making transfluthrin an even more essential component of mosquito control. Rise in awareness about household pesticides used in sanitation is driving the global transfluthrin market. The global transfluthrin market is expected to gain momentum throughout the forecast period as the population becomes more aware of the risks associated with vector-borne diseases.
- Harmful impact of transfluthrin is the major barrier of the transfluthrin market. If transfluthrin is handled inappropriately, poisoning symptoms such as restlessness, anxiety, tremor, seizures, skin allergies, sneezing, running nose, and irritation can occur. Other adverse effects include irritation of the skin and eyes, hormonal effects, mutagenicity, and immune system changes.
Transfluthrin Market: Application Segment
- Based on application, the global transfluthrin market can be segmented into fly repellent, bug repellent, cockroach repellent, mosquito repellent, and others
- Flies are harmful insects that cause many deadly and infectious diseases such as leishmaniasis. Fly repellents are chemical compounds made by synthetic or DEET ingredients. They can be made by using natural ingredients such as citronella oil or some essential oils to repel or keep away flies.
- The bug repellent segment is anticipated to expand during the forecast period primarily due to the increase in number of bed bugs and cockroaches. The number of bed bugs has increased substantially. Rise in number of cockroaches in household kitchens as well as restaurants is also likely to drive the segment during the forecast period.
Asia Pacific to Dominate Transfluthrin Market
- In terms of geography, the transfluthrin market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa
- Asia Pacific is expected to hold major share of the global transfluthrin market, followed by Europe and North America, during the forecast period. This can be ascribed to the increase in GDP, led by the rise in industrial activities, in Asia Pacific. China, Japan, and India are significant consumers of transfluthrin in the region.
Key Manufacturers Operating in Transfluthrin Market
Key players operating in the transfluthrin market include:
- Bayer AG
- Jiangsu Yangnong Chemical Co., Ltd
- Hebei Sanlen Agrochemical Co., Ltd
- Aestar (Zhongshan) Co., Ltd
- Jiangsu Weunite Fine Chemical Co., Ltd
- Shanghai Skyblue Chemical Co., Ltd
- LGC Group
- S. C. Johnson & Son, Inc
- Henan Tianfu Chemical Co. Ltd
- Hefei TNJ Chemical Industry Co. Ltd
Transfluthrin Market: Research Scope
Transfluthrin Market, by Application
- Fly Repellent
- Bug Repellent
- Cockroach Repellent
- Mosquito Repellent
- Others
Transfluthrin Market, by Region
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Transfluthrin Market: Introduction
Transfluthrin is a fast-acting insecticide. It is used in household and hygiene products, mainly against flying insects, such as mosquitoes and flies. Transfluthrin is a pyrethroid insecticide with a short residual effect. It is used to eliminate flies, mosquitoes, butterflies, and cockroaches. Transfluthrin is a highly flammable liquid that can be used as a contact and inhalation agent. Transfluthrin is a synthetic pyrethroid insecticide that acts quickly.