Termite Control Market report offers detailed analysis and a five-year forecast for the global Termite Control industry. Termite Control market report delivers the insights which will shape your strategic planning as you estimate geographic, product or service expansion within the Termite Control industry.. The Termite Control market accounted for $XX million in 2018, and is expected to reach $XX million by 2024, registering a CAGR of YY% from 2019 to 2024.
Termite Control market size will grow from USD 3.35 Billion in 2017 to USD 4.37 Billion by 2023, at an estimated CAGR of 4.53%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Termites are damaging to humans, livestock, and environment. Hence, various preventive and control measures to control the proliferation of termites have been driving the growth of this market, globally.The application of termite control is estimated to be the largest in the commercial & industrial sector, due to the increasing need for professional termite control solutions, especially in the food manufacturing and hospitality sectors, so as to maintain a hygienic environment for the control of termites.The chemical method was largely used for termite control in 2017, due to the significant demand for pyrethroids for its application rate and compatibility against a variety of termites. Subterranean termites accounted for the largest market share across all the types of termites, in 2017, owing to the higher demand in industrial and residential sectors for pre- & post-construction treatment and wooden house treatment, respectively, for these termites.
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List of key players profiled in the Termite Control market research report:
BASF SE , The DOW Chemical Company , Bayer Cropscience AG , Syngenta AG , Sumitomo Chemical Co., Ltd. , FMC Corporation , Nufarm Limited , United Phosphorus Limited , Rentokil Initial PLC , Adama Agricultural Solutions Ltd. , Nippon Soda Co. Ltd , Control Solution Inc. , Ensystex, , , , , , ,
By Species Type
Subterranean Termites , Drywood Termites , Dampwood Termites , Others,
By Chemical Control Methods
Synthetic Pyrethroids, Chlorinated Hydrocarbons, Phenylpyrazole, Chloronicotinyl, Organophosphates
By Physical & Mechanical Control Methods
Pitfall, Termite Barriers, Bait Technology, ,
By Biological Control Methods
Microbials, Botanicals, Nematode Control, ,
Commercial & Industrial , Residential , Agriculture & Livestock Farms , Other Applications,
, , , ,
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The global Termite Control market is segmented based on product, end user, and region.
Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, Italy, Spain, France, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Taiwan, and, rest of Asia-Pacific) and EMEA (Brazil, South Africa, Saudi Arabia, UAE, rest of EMEA).
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Moreover, other factors that contribute toward the growth of the Termite Control market include favorable government initiatives related to the use of Termite Control. On the contrary, high growth potential in emerging economies is expected to create lucrative opportunities for the market during the forecast period.
Key Benefits for Stakeholders from Termite Control Market Report:
This report entails a detailed quantitative analysis along with the current global Termite Control market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment.
The Termite Control market size and estimations are based on a comprehensive analysis of key developments in the industry.
A qualitative analysis based on innovative products facilitates strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Termite Control industry.
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