Home Insecticide Market Value Projected to Expand by 2017-2025

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Insecticides are substances that uses ovicides and larvicides against insect eggs and larve. Home insecticides are substances that can be used on skin, clothes, and other substances to kill or repel insects. There is high demand for home insecticides, ranging from spays used in the kitchen to garden sprays and mosquito repellents. Home insecticides are widely getting acceptance due to safety needs and healthy environment. The acceptance of synthetic household insecticides is shifting to natural home insecticides, owing to increasing health awareness. The common insecticides used at home includes carbaryl, Malathion, neem oil, spinosad, and pyrethrin.

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Insect borne diseases have become common due to urbanization and increasing population, which is a driving factor for the growth in the market of home insecticides. Increasing concerns about vector borne diseases, urbanization, and increased health consciousness have triggered the demand for the home insecticide market.

Home Insecticides Market outlook:

Rising population, urbanization, and increased health consciousness are the major driving factors in Asia pacific market. The sale of home insecticides in the form of coils are a major trigger to the home insecticide market in this region, due to the low income consumers demanding more of coil form of home insecticides. India, Philippines, and Indonesia are the major users of home insecticides in this region.

North American home insecticides is expected to augment market growth mainly due to the Environmental Protection Council (EPA), which has banned chlorpyrifos in 2017, which was a major insecticide in the region. Moreover, Environmental Protection council has also made the consumption and production of insecticides mandatory in the region.

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Certain insects in Europe are seasonal, owing to which the demand for home insecticides is seasonal in Europe. Moreover, the European Union’s anti- insecticide regulation and the banning of neonicotinoids in 2013, the world’s most widely used insecticide is enabling the market to a stagnant growth.

Natural home insecticides are mostly obtained from leaves and stems of various plants, which are non-toxic in nature with zero or minimal adverse effects on humans. Synthetic home insecticides are as effective as natural insecticides but they are preferred less due to adverse effects on humans. N, N-Diethyl-meta-Toluamide (DEET), is the most common compound used in synthetic home insecticides that is mostly found in sprays and lotions.

The major players are adopting various organic and inorganic growth strategies. For instance, Dow Chemical and DuPont merger on 2017. The major players operating home insecticide market includes, Aristo Biotech & Science Pvt. Ltd., AIMCO Pesticides Ltd., Bharat Group, Gharda Chemicals Ltd., Godrej, HPM, Reckitt Benckiser, SC Johnson, Shogun Organics Ltd., and Zapi SPA.

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