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Insect Pest Control Market to Witness Huge Growth by Key Players: BASF, Bayer, FMC Corporation, Syngenta, Sumitomo Chemical Co Ltd, Rentokil Initial Group, Ecolab, Terminix, Adama

09-20-2021 03:11 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Global Insect Pest Control Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global insect pest control market size is estimated to be valued at USD 12.3 billion in 2021 and projected to reach USD 15.8 billion by 2026, recording a CAGR of 5.1% during the forecast period. This report spread across 262 Pages, Profiling 10 Companies and Supported with 232 Tables and 61 figures are now available in this research.

Top Companies Profiled in the Insect Pest Control Market:
• BASF (Germany)
• Bayer (Germany)
• FMC Corporation (US)
• Syngenta (Switzerland)
• Sumitomo Chemical Co.Ltd. (Japan)
• Rentokil Initial Group (UK)
• Ecolab (US)
• RollinsInc. (US)
• Terminix (US)
• Adama (Israel)

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“By insect type, termites are projected to dominate the market during the forecast period.”
Termites are a major pest across the world and cause high economic losses in public places, households, and industrial sectors. Termiticides are widely used, as they are required in lower quantities and directly target the lifecycle of termites to provide effective results. New termiticide technologies, using non-repellent techniques, control both termites that come in direct and indirect contact, through feeding and grooming as well.

“By application, residential segment is projected to dominate the market during the forecast period.”
The residential sector is set to exhibit a strong potential for pest control companies as this segment has not yet been capitalized on by many service providers. The increasing population density, climate change, and growing economic activities can lead to the lack of resources and amenities to avert or reduce pollution risks.

“The Asia Pacific region is projected to record the highest growth rate during the forecast period.”
Termites and mosquitoes are among the many pests in the Asia Pacific region and are expected to fuel the demand for insect pest control products and services in the next six years. Food retail chains, food manufacturing companies, pharmaceuticals, and the hospitality and residential sectors are projected to be major growth verticals in this market.

Competitive Landscape of Insect Pest Control Market:
1 Overview
2 Market Share Analysis, 2020
3 Revenue Analysis Of Key Players
4 Covid-19-Specific Company Response
5 Company Evaluation Quadrant (Key Players)
5.1 Stars
5.2 Pervasive Players
5.3 Emerging Leaders
5.4 Participants
5.5 Product Footprint
6 Insect Pest Control Market, Start-Up/Sme Evaluation Quadrant, 2020
6.1 Progressive Companies
6.2 Starting Blocks
6.3 Responsive Companies
6.4 Dynamic Companies
7 Competitive Scenario
7.1 New Product Launches
7.2 Deals

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Research Coverage:
This report segments the insect pest control market based on insect type, application, form, control method, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the insect pest control market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

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