The sanitary pyrethroid industry has high technical barriers and the market is highly concentrated

Sanitrethrin is a kind of pyrethroid, which can achieve gastric and contact killing of mosquitoes. It is an insecticide with high efficiency, low toxicity and low residue. Hygienic pyrethroids are less harmful to the environment and human body. At the same time, the dosage is small and the effect is good. It is a common mosquito-repelling product in the market. Since the discovery of pyrethrins, hundreds of products have been developed around the world. According to the application perspective, they can be divided into pesticide pyrethrins and hygienic pyrethrins.

Sanitary pyrethrins can be divided into DV pyrethrins and DE pyrethrins according to different processing intermediates. Sanitary pyrethrins and their intermediates are characterized by poor thermal and light stability. Therefore, the processing technology requirements are high and the industry has high technical barriers.

There are many categories of hygienic pesticides, among which pyrethroids are the product type with the highest application demand, accounting for about 51%. Hygienic pyrethrins are widely used in household scenarios. Among the common household pesticides on the market, products containing pyrethroids account for more than 80%.

At present, my country’s household sanitary insecticides mainly include mosquito coils, aerosols, electric mosquito-repellent coils, electric mosquito-repellent liquids, etc. With the rapid development of my country’s economy, the demand for electric insecticide liquids/tablets has increased, and the market share has reached about 48%. . After long-term development, my country’s household sanitary pesticide industry has entered a mature stage, with a high market penetration rate, a saturated market, and limited room for future growth. In 2017, the market size of my country’s household sanitary pesticides was 7.4 billion yuan, and it is expected to reach 7.5 billion yuan by 2021.

The market for household sanitary pesticides is saturated. In order to increase market capacity and promote industry development, relevant companies innovate product types and promote the industry to gradually develop in a diversified direction. For the sake of safety and environmental protection, the industry has launched household sanitary insecticides for children. This product has been recognized by the market, and the market size continues to rise, and is expected to reach 2.3 billion yuan by 2025. Sanitary pyrethroids have high safety. As the demand for household sanitary insecticide applications increases, the sanitary pyrethrins market has development potential.

According to the “Research Report on Application Market Demand and Development Opportunities of China’s Sanitary Protein Industry from 2022 to 2027” released by the Industrial Research Center, Sanitary pyrethroids have high technical barriers, and the market currently presents a monopoly pattern. Japan’s Sumitomo and Yangnong Chemical occupy the domestic and overseas markets. Among them, Yangnong Chemical has multiple varieties, accounting for about 72% of the domestic market, and its annual production capacity About 3600 tons.

Industry analysts said that with the global emphasis on infectious diseases in recent years, mosquitoes have attracted great attention for the spread of infectious diseases. Therefore, it promotes the development of pesticide industry. As an efficient, safe and environmentally friendly pesticide, hygienic pyrethrin has great potential for future applications. In terms of production, due to the high technical barriers to hygienic pyrethroids and the current highly concentrated market, it will be difficult for new companies to enter in the future.