Global Diethyltoluamide Market Size (2023 - 2030)

 In 2022, the Global Diethyltoluamide Market was valued at $4.70 billion, and is projected to reach a market size of $7.61 billion by 2030. Over the forecast period of 2023-2030, market is projected to grow at a CAGR of 7.22 %.

Market Overview: 

Diethyltoluamide, or DEET, is an active ingredient that is mainly indicated and used as an insect repellent to repel biting pests like mosquitoes, ticks, and insects in homes, gardens, and public areas. Products that contain DEET are available in a variety of forms and products such as liquids, lotions, creams, sprays, and even impregnated materials like towelettes or roll-ons. Insect bites from some species of spiders, red ants, and wasps can result in life-threatening diseases in humans. DEET has been identified as an effective solution to prevent several insect-borne diseases such as dengue, malaria, etc. by eliminating these harmful parasites causing such diseases. The formulations are used to protect people from various mosquito-borne illnesses like West Nile Virus, the Zika virus, malaria, and tick-borne illnesses like Lyme disease and Rocky Mountain spotted fever. According to a publication by WHO, insect-borne diseases result in more than 17% of all infectious diseases, leading to more than 700,000 deaths annually. Additionally, there are an estimated 219 million malaria cases worldwide, which results in more than 400,000 deaths annually. In spite of concerns over unrestricted exposure to the chemical, proper usage of the chemical at the advised dosages and routes of administration have usually proven to be safe - even when a majority of the DEET products are extensively designed to be applied directly to human skin, where the mechanism in which DEET’s potential to repel insects and cause toxicity to humans is still not fully proven. 

COVID-19 Impact on the Diethyltoluamide Market: 

The COVID-19 outbreak began in Wuhan (China) in December 2019, and since then, it has stretched out around the globe at a very rapid pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-hit countries in terms of the number of positive cases and reported deaths. The COVID-19 outbreak has severely affected economies and industries in various countries due to lockdowns and business shutdowns except for a few sectors which emerged during this phase. The Diethyltoluamide Market emerged and had a positive outlook during the pandemic outbreak across the world as it is listed under hygiene and home care product. The demand for personal hygiene and home care products is anticipated to rise further in the coming years owing to the increasing awareness among people because of the pandemic. Furthermore, manufacturing companies strongly believe that the pandemic has made people more aware of the need for hygiene both at a personal level and at home to minimize the chances of infection, which is likely to become a trend in the forecast period.  

Market Drivers: 

Increasing health awareness among people is boosting the demand for DEET in the market:  

Growing awareness and increase in literacy rates in several developing and under-developed countries impact the rural population to aim more on health, cleanliness, and personal hygiene. Additionally, the coronavirus crisis prompted the demand decisions of modern consumers fostering the market size for DEET. 

Prevalence of increased-insect-borne diseases is augmenting the demand for DEET in the market: 

The rising use of insect repellents for protection from insect-borne diseases is recognized as a key market driver across the world. Insect-borne diseases thrust immense health and economic threats on both individuals and countries. Millions of people are affected both directly and indirectly by infections that can cause disfigurement, weakening, and even disabilities such as blindness. Therefore, people have become more aware, and health conscious, and are willing to pay for upgraded solutions in healthcare, home care, and personal hygiene. 

Government initiatives and collaborations with NGOs are promoting the demand for DEET in the market: 

Governments and NGOs across the world are progressively promoting health awareness campaigns in collaboration with key brands of insect repellents to extend the significance of waste management and provide improved product knowledge among people to minimize the number of insect-borne diseases, and parasitic infections, specifically across rural populations, increasing the market size of DEET. 

Huge investments in the Research and Development are boosting the market growth of DEET: 

Key major players in the industry are deliberately investing in research and development to launch a new, innovative, and advanced range of products under multiple brands as insect repellents opening up opportunities for new players in the market. Also, major players are focused on strategic acquisitions and mergers to escalate the business and gain access to new regions. 

Increasing urbanization along with the disposable income among the middle-class population is bolstering the market growth: 

With a rise in the population, rapidly increasing urbanization, improvement in standards of living, and growing disposable income among the middle-class population, the demand for insect mosquito repellents is constantly increasing, and due to their high demand, it is widely available in different price ranges, making it highly affordable among consumers. Therefore, increasing health awareness and the affordable price range of these products together augment the market increasing the demand for DEET across the world. 

Market Restraints: 

Strict government regulatory policies are restraining the growth of the DEET market size: 
The industry is regulated by stringent guidelines and standards enforced by government authorities and environmental agencies concerning the chemical composition and safety of insect repellents. Moreover, the regulatory framework varies across different geographical regions based on the climatic conditions and types of insects in the particular region, thereby hindering the growth of the global DEET market. 

Counterfeit products in the insect repellent market largely affect the DEET market hindering its global growth size:  

The primary use of DEET is in the insect repellent industry. Since the global insect repellent market is extremely fragmented and incorporates several small-scale enterprises occupied in the manufacturing of private labels which are unapproved mosquito repellent incense sticks and their health hazards are oblivious to the people. These are locally manufactured with no government consent and approvals thus, hampering the DEET market size growth. 

DIETHYLTOLUAMIDE MARKET REPORT COVERAGE:

This research report on the Diethyltoluamide Market has been segmented and sub-segmented based on Type, Application, Form, Region, and Key Companies. 

Diethyltoluamide Market – By Type. 

• Below 15% 

• 15% - 40% 

• Above 40% 

• Type 4 

Based on the type, the DEET market is segmented into four categories – Below 15%, 15% - 40%, above 40%, and Type 4.  

Below 15% type of DEET dominates the segment and holds the majority of the revenue share followed by the usage of 15% - 40% DEET and above 40% DEET.  

Diethyltoluamide Market – By Application. 

• Anti-Mosquito liquid 

• Anti-mosquito stickers 

• Pesticides 

• Mosquito-repellent bracelets 

• Others 

Based on their application, the DEET market is segmented into five categories – anti-mosquito liquid, anti-mosquito stickers, pesticides, mosquito-repellent bracelets, and others.  

DEET is widely and most commonly used as an anti-mosquito or mosquito repellent product. 

Diethyltoluamide Market – By Form. 

• lotion  

• solution 

• towelette 

• gel 

• solid stick 

• Spray 

Based on their available forms, the DEET market is segmented into six categories – lotion, solution, towelette, gel, solid stick, and spray.  

Spray holds dominance in the segment and is anticipated to retain its position in the forecasted years.  

Diethyltoluamide Market – By Region. 

• North America 

• Europe 

• South America 

• Asia-Pacific 

• Middle-East and Africa 

Based on the region, Asia-Pacific holds the dominance and accounts for the majority of the revenue, owing to the rapid rise in population in the region and several other factors associated with it. Additionally, an increase in government initiatives in many countries such as India, the Philippines, and others regarding awareness of insect-borne diseases are factors influencing the DEET market in the region.  

Diethyltoluamide Market – By Companies. 

1. Vertellus 

2. Clariant 

3. Huai’an Lie Bang Kangtai 

4. Jiangsu Panoxi Chemical 

5. Qingdao Benzo Chemicals 

6. Hunan Xuetian 

7. Zhejiang Yingxin 

8. Jiangsu Yangnong Group 

9. Hubei Jusheng Technology Co., Ltd. 

The DEET market is highly disintegrated and fragmented and is extremely competitive owing to the presence of some key and regional players.