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Pest Control Market by Top Manufacturers – Rentokil Initial PLC, BASF SE, EcoLab Inc., Syngenta AG, National Pest Control, Rollins Inc., Lindsey Pest Control, Bayer AG, FMC Corporation, Rollins, Inc.

03-26-2019 06:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

Pest Control

Pest Control

The global pest control market was valued at $16,883 million in 2017 and is expected to grow at a CAGR of 5.4% during the forecast period to reach $ 24,397 million by 2024. Pest control is the management of specific species that are recognized as detrimental to human health. House flies tend to reside at places where there is human activity and cause threat of health issues. The pest control management has thus become increasingly important.

The major factors driving the demand for pest control are increase in population, changes in climatic conditions, and urbanization. Increased economic activity has led to the development of buildings for offices, houses, and hospitals. These places urge for safe and hygienic conditions, thus boosting the demand for pest control. It has been noticed that, termites cause more damage than floods and fire in North America and Australia. This also fuels the pest control market in the recent past. In addition, the impact of changes in climatic conditions majorly drives the global pest control market.

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The market is characterized with presence of many small-scale operators. One of the major trend in this market is merger and acquisitions of these market players. Introduction of new biocides is anticipated to bring in new opportunities for market players.

The report segments the global pest control market based on type, pest type, application, and geography. Based on type, the market is divided into chemical, mechanical, biological, and others. Based on pest type, it is classified into insects, termites, rodents, and others. The application areas of the industry are broadly classified into residential, commercial, agricultural, industrial, and others. The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA. North America is expected to dominate the global pest control market till 2024.

The prominent players in the global pest control market have strategically focused on product launch as their key strategy to gain significant share in the market.

The key players profiled in the report are Rentokil Initial PLC, BASF SE, EcoLab Inc., Syngenta AG, National Pest Control, Rollins Inc., Lindsey Pest Control, Bayer AG, FMC Corporation, Rollins, Inc., Indian Pest Control Company, Terminix International Company, L.P, Bell Laboratories Inc., Mitie Group PLC, Brunswick Pest Control Inc, Venus Pest Company, OPC Pest Control, Pesitcon, Home Paramount Pest Control, Wil-Kil Pest Solutions

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Table of Content:
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tool and model
CHAPTER 1 EXECUTIVE SUMMARY
1.1. MARKET SNAPSHOT
1.2. CXO PERSPECTIVE
CHAPTER 2 MARKET OVERVIEW
2.1. MARKET DEFINITION AND SCOPE
2.2. KEY FINDINGS
2.2.1. Top investment pockets
2.2.2. Top winning strategies
2.3. PORTERS FIVE FORCES ANALYSIS
2.3.1. Bargaining power of suppliers
2.3.2. Bargaining power of buyers
2.3.3. Threat of new entrants
2.3.4. Threat of substitutes
2.3.5. Intensity of competitive rivalry
2.4. MARKET DYNAMICS
2.4.1. Drivers
2.4.1.1. Improvement in economic condition
2.4.1.2. Changes in climatic conditions
2.4.1.3. Legislation and regulation changes
2.4.1.4. Increase in urbanization coupled with population
2.4.2. Restraints
2.4.2.1. Health hazards related to chemicals
2.4.2.2. Changes in government policies and environment protection laws
2.4.3. Opportunities
2.4.3.1. Rise in intolerance against pests
2.4.3.2. Upsurge in product development and launches
2.5. MARKET SHARE ANALYSIS, 20172024 (%)
2.5.1. By type
2.5.2. By pest type
2.5.3. By application
2.6. TOP PLAYER POSITIONING, 2017 (%)
CHAPTER 3 PEST CONTROL MARKET, BY TYPE
3.1. INTRODUCTION
3.1.1. Market size and forecast
3.2. CHEMICAL
3.2.1. Key market trends, growth factors, and opportunities
3.2.2. Market size and forecast
3.3. MECHANICAL
3.3.1. Key market trends, growth factors, and opportunities
3.3.2. Market size and forecast
3.4. BIOLOGICAL
3.4.1. Key market trends, growth factors, and opportunities
3.4.2. Market size and forecast
3.5. OTHERS
3.5.1. Key market trends, growth factors, and opportunities
3.5.2. Market size and forecast

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