Market Overview:
The global Picaridin market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about personal safety and increasing demand for mosquito repellents. The Picaridin market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into medical grade and chemical grade. The medical grade segment is expected to grow at a higher CAGR than the chemical grade segment during the forecast period from 2018 to 2030 owing to its properties such as low toxicity and environmental friendliness.
Product Definition:
Picaridin is a synthetic compound that was developed in the 1980s as an alternative to DEET. It is a colorless liquid with a slightly bitter taste and is odorless when dry. Picaridin has been found to be just as effective as DEET at repelling mosquitoes, ticks, and other biting insects, but it does not have the same unpleasant smell.
Medical Grade:
Medical-grade is a term used for the purest form of any ingredient or compound. It's important to note that medical-grade honey is not the same as food grade. Medical grade has several requirements and standards which are different from food grades, which makes it very distinct and unique than regular grades. Picaridin itself has two different types: Food Grade & Medical Grade (MG).
Chemical Grade:
Chemical grade is the purity level of picaridin powder. It has different grades such as food-grade, industrial-grade and medical-grade. Picaridin can be extracted from different sources such as plant leaves, fruit peels or synthetically. The extraction process is an important factor that affects the quality of chemical grade and thus has a huge impact on market price.
Application Insights:
mosquito repellent was the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. Picaridin has been found to be highly effective against adult mosquitoes as well as their larvae. The product exhibits high potential for use against other insects, such as sand flies, black flies and midges which are responsible for causing diseases such as dengue, chikungunya and leishmaniasis respectively.
The medical grade picaridin segment accounted for a significant share of the overall revenue in 2017 owing to extensive usage across various medical applications including skin allergies & eczema treatment creams, cold & flu tablets/medicine chests among others. The chemical grade version of this product is not approved by U.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand for pesticides. The region is expected to maintain its dominance over the forecast period due to increasing use of picaridin products for mosquito control. In addition, stringent government regulations regarding chemical pesticides are also likely to propel product demand in North America during the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions from 2018 to 2030 on account of rapid urbanization and rising consumer disposable income levels in emerging economies such as India and China. Furthermore, growing agricultural activities coupled with a large population base are expected drive regional growth over this period.
Growth Factors:
- Increasing demand from emerging economies: The global Picaridin market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand from emerging economies, such as China and India, due to the rising awareness about its benefits among consumers.
- Growing popularity of picaridin-based personal care products: Picaridin is increasingly being used in personal care products such as insect repellents, sunscreens, and skin lotions owing to its non-toxic nature and ability to provide long-lasting protection against mosquitoes and other insects. This is likely to boost the growth of the global Picaridin market over the next few years.
- Rising incidence of vector-borne diseases: The incidence of vector-borne diseases is on the rise across the world due to changing weather patterns and increasing travel activities between different regions. This has led to an increase in demand for effective mosquito repellents, which in turn is propelling growth of the global Picaridin market .
- . Technological advancements in production process: The manufacturers operating in this market are constantly investing in research & development (R&D) activities with a view to develop new technologies for producing picaridin derivatives that offer better performance than existing ones..This is likelyto fuelgrowthoftheglobalPicarinmarketinthe coming years .
- . Growing consumer preference for natural
Scope Of The Report
Report Attributes
Report Details
Report Title
Picaridin Market Research Report
By Type
Medical Grade, Chemical Grade
By Application
Mosquito Repellent, Application 2
By Companies
FluKa, Bayer, Jaico, Lanxess, Hero Chem, Changzhou Shanfeng Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Picaridin Market Report Segments:
The global Picaridin market is segmented on the basis of:
Types
Medical Grade, Chemical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mosquito Repellent, Application 2
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FluKa
- Bayer
- Jaico
- Lanxess
- Hero Chem
- Changzhou Shanfeng Chemical
Highlights of The Picaridin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Medical Grade
- Chemical Grade
- By Application:
- Mosquito Repellent
- Application 2
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Picaridin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Picaridin is a synthetic derivative of the plant-based compound capsaicin. It is an antihistamine and antipyretic medication used to treat symptoms such as itching, sneezing, and watery eyes.
Some of the key players operating in the picaridin market are FluKa, Bayer, Jaico, Lanxess, Hero Chem, Changzhou Shanfeng Chemical.
The picaridin market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Picaridin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Picaridin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Picaridin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Picaridin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Picaridin Market Size & Forecast, 2018-2028
4.5.1 Picaridin Market Size and Y-o-Y Growth
4.5.2 Picaridin Market Absolute $ Opportunity
Chapter 5 Global Picaridin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Picaridin Market Size Forecast by Type
5.2.1 Medical Grade
5.2.2 Chemical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Picaridin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Picaridin Market Size Forecast by Applications
6.2.1 Mosquito Repellent
6.2.2 Application 2
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Picaridin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Picaridin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Picaridin Analysis and Forecast
9.1 Introduction
9.2 North America Picaridin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Picaridin Market Size Forecast by Type
9.6.1 Medical Grade
9.6.2 Chemical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Picaridin Market Size Forecast by Applications
9.10.1 Mosquito Repellent
9.10.2 Application 2
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Picaridin Analysis and Forecast
10.1 Introduction
10.2 Europe Picaridin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Picaridin Market Size Forecast by Type
10.6.1 Medical Grade
10.6.2 Chemical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Picaridin Market Size Forecast by Applications
10.10.1 Mosquito Repellent
10.10.2 Application 2
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Picaridin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Picaridin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Picaridin Market Size Forecast by Type
11.6.1 Medical Grade
11.6.2 Chemical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Picaridin Market Size Forecast by Applications
11.10.1 Mosquito Repellent
11.10.2 Application 2
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Picaridin Analysis and Forecast
12.1 Introduction
12.2 Latin America Picaridin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Picaridin Market Size Forecast by Type
12.6.1 Medical Grade
12.6.2 Chemical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Picaridin Market Size Forecast by Applications
12.10.1 Mosquito Repellent
12.10.2 Application 2
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Picaridin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Picaridin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Picaridin Market Size Forecast by Type
13.6.1 Medical Grade
13.6.2 Chemical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Picaridin Market Size Forecast by Applications
13.10.1 Mosquito Repellent
13.10.2 Application 2
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Picaridin Market: Competitive Dashboard
14.2 Global Picaridin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FluKa
14.3.2 Bayer
14.3.3 Jaico
14.3.4 Lanxess
14.3.5 Hero Chem
14.3.6 Changzhou Shanfeng Chemical
