The Insect Repellent Active Ingredients Market size is estimated to be valued at USD 884 million in 2021. It is projected to reach USD 1,361 million by 2026, recording a CAGR of 9.0%, in terms of value. The growing consumption of insect repellent products and increasing insect repellent manufacturers is driving the demand for the insect repellent active ingredients market.
The North American region accounted for the largest share in the global insect repellent active ingredients market, in terms of value. This is attributed to the problem of insect infestation, which has increased with the increase in population, rapid urban developments, and changes in weather patterns.
This, in turn, has led to the increased demand for insect repellent products and services in North American region. Additionally, consumer awareness regarding health and hygiene issues has also increased, leading to a higher demand for insect repellent products in households in North American countries like Canada and Mexico.
Asian Pacific region is the second-largest region in the global insect repellent active ingredients market in the forecast period. The market in the region is driven by the presence of large households and their growth rates; and the increase in the number of mosquito-based diseases, such as zika virus, West Nile Virus (WNV), malaria, dengue, and chikungunya, particularly in China, India, Australia, and New Zealand.
An increase in the number of insect repellent product manufacturers in the region reflects the growth of the insect repellent active ingredients market.
Leading companies are BASF SE (Germany), Spectrum Brand Holdings Inc. (US), Reckitt Benckiser Group PLC (UK), Henkel AG & Co KGaA (Germany), MERCK Group (Germany), S C Johnson & Sons Inc. (US), Dabur (India), Godrej Group (India), PT Herlina Indah (Indonesia), Sawyer (US), BUGG Products LLC (US), Coghlan’s (Canada), Vertellus (US), Tropical Labs LLC (US), PelGar International (UK), Clariant AG (Switzerland), Lanxess (Germany), Sumitomo Chemical (UK) PLC (UK), Cetrefine International Limited (UK), Jiangsu Panoxi Chemical Co. Ltd (China), Qingdao Benzo New Materials Co. Ltd (China), Hefei TNJ Chemical Industry Co. Ltd (China), NK Chemiosys Pvt. Ltd. (India), and Shorgun Organics Ltd. (India).