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Pest Control Services Market 2018 : By Key Players BASF SE, Bayer AG, Syngenta AG, DOWDUPONT Inc., FMC Corporation, Rentokil Initial Plc., Ecolab Inc., Bell Laboratories, Inc., Rollins, Inc.

04-01-2019 08:09 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Pest Control Services

Pest Control Services

Pest control is the management and regulation of a variety of living organisms that adversely impact human activities. Pests such as cockroaches and termites hinder several agricultural, commercial, industrial, and residential activities. Pest control services performed to eliminate these pests in order to ensure hygiene and good health. Pest control services include, chemical control, mechanical control, and synthetic control among others.

North America is expected to hold dominant position in the global pest control services market. The U.S. Department of Agriculture (USDA) actively focuses on pest research and control programs and actively funds for pest control projects.

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Global pest control services market was valued at US$ 16,179.8 Mn in 2017 and is projected to increase to US$ 24,105.7 Mn by 2025, witnessing a CAGR of 5.1% over the forecast period.

Players operating in the global pest control services market are focused on adopting various growth strategies to cater to increasing demand for pest control services. Several pest control companies offer insurance to consumers against pest control services. For instance, Western Exterminator Company Inc. provides termite home protection plan, which acts as a warranty against termite attack. The warranty offers replacement of structural timbers in homes that are damaged by termites. .

Furthermore, manufacturers are focused on developing novel technologies for controlling pest infestation, which is a key factor driving growth of the pest control services market. For instance, in June 2018, Terminix launched Quick Guard Mosquito Service, to quickly combat mosquitoes in homeowners’ yards. The treatment uses an integrated pest management approach and features a fast-acting, effective pesticide that has been tested in the most challenging mosquito environments.

Major players operating in the global pest control services market include, BASF SE, Bayer AG, Syngenta AG, DOWDUPONT Inc., FMC Corporation, Rentokil Initial Plc., Ecolab Inc., Bell Laboratories, Inc., Rollins, Inc., and The Terminix International Co. Ltd.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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