Rodenticides Market 2020-2026, Covid-19 Impact | Key Major Players : Syngenta, Liphatech, Inc., JT Eaton., NEOGEN CORPORATION, PelGar International, Rentokil Initial plc

The Rodenticides Market analysis report contains a skilful and deep analysis of the present situation and challenges. This business report focuses on the key drivers, restraints, market opportunities, threats and risks for market major players. It also makes available analysis of market size, shares, growth, segmentation, revenue projection (USD Mn), and regional study till 2026. The market research document offers a wide-ranging overview of the global Rodenticides Market and contains thoughtful insights, facts, historical information, and statistically supported & industry-verified market data. This report comprises of forecasts that uses a suitable set of predictions and distinct research methodologies. Global Rodenticides Market document helps identify the latest growths, market shares, and policies employed by the major market players.

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Market Analysis: Global Rodenticides Market

Global rodenticides market is registering a steady CAGR of 4.10% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the growing urbanization and industrialization and damages caused by rodents in agriculture and warehouse.

Key Market Competitors: Global Rodenticides Market

Few of the major competitors currently working in the global rodenticides market are BASF SE, Bayer AG, Syngenta, Liphatech, Inc., JT Eaton., NEOGEN CORPORATION, PelGar International, Rentokil Initial plc, SenesTech, Inc, Anticimex., Abell Group of Companies, Impex Europa sl, Rollins, Inc., The Terminix International Company Limited Partnership, Ecolab, Truly Nolen, Inc

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Market Definition: Global Rodenticides Market

Rodenticides are the chemicals which are used to destroy, kill or repel rodents such as rats, mice, woodchucks, squirrel, and chipmunks, damages crops, transmit diseases and that cause ecological damage. There has been huge loss in agriculture, warehouse and grain storage been reported due to rodent attacks, thus their control has been critical.

Segmentation: Global Rodenticides Market

Rodenticides Market : By Type

Non-Anticoagulant Rodenticides
Anticoagulant Rodenticides

Rodenticides Market : By End Use Sector

Agricultural Fields
Warehouses
Urban Centers
Residential
Commercial

Rodenticides Market : By Application

Pellets
Sprays
Powders

Rodenticides Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Rodenticides Market:

In January 2019, Turner Pest Control announced its acquisition of Brandon Pest Control. The main acquisition is to provide better product for customer's safety and health .This will benefit Turner Pest in expanding their reach, adding on product portfolio and able to provide efficient services to its customers.

In April 2018, BASF announced their launch of Selontra rodent bait, an innovative formula that enables pest management professionals and poultry& livestock growers so that they can control rodent efficiently and effectively. This new formula delivers fast colony kill, using less bait than traditional rodenticides. It will enable customer satisfaction, effective services and able to gain competitive advantages.

Rodenticides Market Drivers:

Increasing cases of diseases such as plague, hantavirus infection, and lassa fever is driving the market for rodenticides
Increasing government initiative and support will lead to its market expansion
Rising damages caused by rodents in agricultural fields and many other lead to the market growth
Development of non-toxic and third-generation anticoagulants is expected to drive the market and control rodents.

Rodenticides Market Restraints:

Strict government regulations and policies on the use of rodenticides in developed countries hampers the growth of the market
Increasing environment concern hinders the growth of the market
Rise in usage of mechanical method for rodent control also acts as a market restraint

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