Global Insect Pest Control Market
By Control Method (Physical & Mechanical Control Methods, Chemical Control Methods, Fipronil), By Insect type (Bed bugs, Flies, Cockroaches), By Application (Livestock farms, residential sectors), By Region (North America, Europe, Asia Pacific, Rest of World).
The Global Insect Pest Control Market was valued at USD 12.54 billion in 2016 and is projected to reach USD 20.31 billion by 2025, growing at a CAGR of 5.50% from 2017 to 2025.
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The need for pest control solutions is important in industries like food and hospitality to maintain a hygienic environment for the control of flies and mosquitoes. This market is necessary to prevent consumers from diseases like Dengue, Malaria and Zika Virus. There has been a strong growth in this market in the residential segment due to growing awareness among public households regarding pest controls and preventive measures against bed bugs in most residences.
1. Market Drivers
1.1 Effect of change in climate.
1.2 High concern of vector based diseases.
1.3 High Availability of Insecticides.
2. Market Restraints
2.1 To be done on a regular basis.
2.2 Hard to operate in many areas.
The Global Insect Pest Control Market is segmented on the basis of Control Method, Insect Type, Application and Region.
1. By Control method:
1.1 Physical & Mechanical Control Methods
1.2 Chemical Control Methods
1.2.5 Biological Control Methods
1.2.6 Other Control Methods
2. By Insect Type:
2.2 Bed Bugs
2.7 Other Insects
3. By Application:
3.1 Residential Sector
3.2 Commercial & Industrial Sector
3.3 Livestock Farms
3.4 Other Applications
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Rest of World.
The major players in the market are as follows:
1. Bell Laboratories Inc
2. Arrow Exterminators, Inc.
3. The Terminix International Company L P
4. Rollins, Inc.
5. Ecolab, Inc.
6. Rentokil Initial PLC.
7. Syngenta AG
8. FMC Corporation
9. Bayer AG
10. BASF SE
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Insect Pest Control Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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This post was originally published on Trading Herald