November 14, 2019
According to the research report titled ‘Global Mosquito Repellent Ingredients Market: Analysis By Ingredient Type (Natural, Synthetic), By Natural Ingredient (Oil of Lemon Eucalyptus, Citronella, Others), By Synthetic Ingredient (DEET, Pyrethroids, IR3535, Picaridin), By Pest, By End Use, By Distribution Channel, By Region, By Country (2018 Edition): Opportunities and Forecast (2013-2023)’ available with Market Study Report LLC, the global mosquito repellent ingredients market is expected to grow with a CAGR of 2.54% through the year 2023.
Rising population of mosquitos as a result of global warming, coupled with growing literacy rate leading to improved awareness among consumers regarding vector borne diseases, and favorable federal initiatives to control mosquitos and other insects are the main drivers for bolstering the growth of mosquito repellent ingredients market.
The revenue of plant or herbal-based ingredients is also projected to rise due to increase in use of insecticides and repellents along with surging concerns for the environment between the consumers.
Notably, the research report discusses and examines the potential growth opportunities in the industry. It also provides crucial data on the market’s current size, prevailing trends, and segmental shares.
As per ingredient type, the mosquito repellent ingredients market is segmented into natural and synthetic. As per the report, natural ingredients segment is presumed to register accelerated growth over forecast period, on account of increasing health and environmental concerns related to synthetic insecticides.
By types of pests, the market is fragmented into cockroach, bed bug, ant, fly, mosquitoes, and rodent. While on the basis of end-use scope, the mosquito repellent ingredients market is divided into coils, spray, mat, and vaporizers, in which the coils segment will continue to dominate the market in the upcoming years.
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Considering geographical locations, the market is split into geographies, namely, Europe, South America, North American, Asia Pacific, and rest of world. As of 2018, APAC region held the largest regional share in the global mosquito repellent ingredients market, due to a large consumer base, rapid urbanization, and improved literacy rates across the region.
The key contenders of mosquito repellent ingredients market are Jiangsu Yangnong Chemical Group Co. Ltd., Nanjing Ronch Chemical Co. Ltd., Qingdao Benzo Chemical Co. Ltd., Clariant, Vertellus Specialties Inc., KIC Chemicals Inc., and Van Aroma.
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