Market Challenges And Opportunities

Drivers

As a result of globalization and rising incomes, consumers are willing to spend more on household insecticides. The global transfluthrin market is growing because consumers' disposable income has expanded, allowing them to spend more on products other than basic necessities. Increased occurrences of stagnant water also contribute to an increase in mosquito breeding, making transfluthrin more necessary for effective mosquito control. Increased awareness of sustainable environmental sanitation utilizing household pesticides is also driving the global transfluthrin market growth. People are becoming more aware of the risks connected with vector-borne diseases, which is projected to affect the dynamics of the global transfluthrin market in a positive way throughout the forecast period.

Market Restraints

Global transfluthrin market growth is expected to be hampered by decreasing demand for transfluthrin insecticide. Humans and other mammals are not particularly harmed by transfluthrin. In susceptible individuals, long-term acute exposure, on the other hand, may cause skin irritation and other breathing problems. As a result, the market for Transfluthrin may be restricted. This resulted in a shift in the market toward insecticides that are less hazardous, such as neem oil insecticide and diatomaceous earth insecticide.

Market Opportunities

The global transfluthrin market would be driven by transfluthrin's high effectiveness. There have been numerous studies demonstrating transfluthrin's lethal and repelling capabilities against mosquitoes. For instance, according to a 2007 study by Dong-Kyu Lee of the Department of Health and Environment, in unventilated and ventilated screened room conditions, the lethal efficacy of three vaporizing insecticides – 0.6% transfluthrin and 0.6% metofluthrin in portable battery-powered blowers and 2.5% bioallethrin in electric mats – Transfluthrin and metofluthrin were very toxic to the mosquitos. Mosquitoes exposed to transfluthrin and metofluthrin in portable blowers died at a rate of 95% to 100% in both room conditions; this was a >2.4-fold higher mortality rate than mosquitoes exposed to bioallethrin in electric mats under the same conditions.

Growth Drivers:

Owing to globalization and greater purchasing power, consumers are willing to spend more on home insecticides
Owing to an increase in the number of cases of mosquito-borne diseases

Restraints & Challenges: