Transfluthrin Market, By Product Type (Purity More Than 90%, Purity More Than 95%, and Purity More Than 99%), By Application (Mosquito Repellents, Flies Repellents, Cockroach Repellents, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025

Code : CMI3405

Pages :153

Formats :

Excel and PDF

Industry : Agrochemicals

Market Challenge - Regulatory compliance and environmental concerns

One of the key challenges impacting on this market is strict regulatory compliance and growing environmental concerns surrounding the use of synthetic pesticides. Transfluthrin is a synthetic pyrethroid pesticide that is used extensively in agricultural as well as commercial and residential settings for insect control. Studies by the UN Environment Programme have found that pyrethroids can have negative effects on aquatic ecosystems if they enter water bodies through agricultural or urban run-off.

Market Opportunity - Growth in Developing Countries

One of the major opportunities for this market lies in the growing demand from developing and under-developed countries. For example, average income levels in India have grown over 30% from 2015-2020 according to the World Bank data reported in 2021. This is enabling more people to spend adequately on healthcare and preventive products. Furthermore, many developing nations are also improving public health infrastructure through various initiatives of WHO, World Bank, and other global partners.