Insect Pest Control Products Market is predicted to reach to US$ 16,901.80 Mn in 2022, due to Increasing Need to Protect and Enhance Public Health
Absolute Markets Insights offers its latest published report ‘Insect Pest Control Products Market by Insect Type (Termites, Cockroaches, Bedbugs, Flies, Mosquitoes, Beetles, Fleas); by Method (Chemical, Mechanical, Biological); by Users (Commercial, Industrial, Residential, Livestock farms); by Region (North America (U.S., Rest of North America), Europe (France, The UK, Spain, Germany, Italy, Rest of Europe), Asia Pacific (China, Japan, India, Southeast Asia, Rest of Asia Pacific), Middle East & Africa (MEA) (GCC Countries, Southern Africa, Rest of MEA), Latin America (Brazil, Rest of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 – 2026.’ The author of the report analyzed that the Insect Pest Control Products market accounted for US$ 12,705.45 Mn in 2017. Changing climatic conditions, urbanization, growing population, changing demographics, increasing intolerance to pests have led to the proliferated adoption of insect pest control products.
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The recent changes in climatic conditions and an enormous rise in the global population is having a significant impact on global pests’ population. These factors are compelling organizations to identify potential risks and take appropriate preventive measures. The recent developments in pesticides has provided solutions to exterminate fungi and fungal spores with great efficiency, and eliminate insects at any life stage, including ovicides, larvicides, eggs and larvae, thus protecting crops and house-hold goods. The rise in demand for chemical, mechanical and biological pesticides has propelled the growth of this market globally. However, the toxic nature of these chemicals may adversely affect the other organisms such as birds, fish and vegetation. These factors may hamper the market growth. Governments are implementing regulations for the restricted use of such harmful chemicals, thus impelling the use of biological methods which will drive the future growth for this market.
Termites Insect Segment is Estimated to be the Fastest Growing during the Forecast Period
Termite insect segment has accounted for the largest market share. This is attributed to its wide-spread colonies in moisture retaining areas, food crops, wood, openings in walls and roofs, making these the most harmful type of insects. This has led to an increase in demand for chemical control methods as it provides the most efficient results, which is ultimately driving the insect pest control products market.
North America is Anticipated to Hold a Significant Share in the Global Market.
North America is the most dominant region in the global insect pest control products market. Implementation of advanced technologies, improved standard of living, and increasing awareness regarding food and personal hygiene is fueling the usage of efficient pest management solutions. Government’s regulatory compliance for quality control and hygiene is aiding to rising demands in commercial, industrial, livestock farms and residential sectors. The development of innovative and effective products attributed to the technological advancements is propelling the growth of the market in this region.
Insect Pest Control Products Market is Fragmented in Nature with the Presence of Global and Regional Players
Some of the significant players functioning in the market include Arrow Exterminators Inc., BASF SE, Bayer AG, Bell Laboratories Inc., Ecolab, Inc, FMC Corporation, McLaughlin Gormley King Company, Rentokil Initial plc., Rollins, Inc., Syngenta AG and The Terminix International Company LP amongst others.
In April 2018, Rentokil Initial plc announced their support for Commonwealth Heads of State commitment to reduce the cases of Malaria by 2023, by implementing mosquito monitoring, analysis and control.
- Insect Pest Control Products Market - By Insect Type
- Termites
- Cockroaches
- Bedbugs
- Flies
- Mosquitoes
- Beetles
- Fleas
- Market By Method
- Chemical
- Mechanical
- Biological
- Market By Users
- Commercial
- Industrial
- Residential
- Livestock farms
- Market By Region
- North America
- U.S.
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- GCC Countries
- Southern Africa
- Rest of MEA
- Latin America
- Brazil
- Rest of Latin America
- North America