Press release
Termite Control Global Market Report 2024 - By Share, Size, Growth, Trends, Forecast To 2033
Termite Control Market
Termite Control Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $7.21 billion In 2028 At A CAGR Of 6.9% :
The termite control market size has grown strongly in recent years. It will grow from $5.16 billion in 2023 to $5.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to rise in professional pest control services, chemical treatment advancements, development of baiting systems, climate and weather influence, awareness and education initiatives.
The termite control market size is expected to see strong growth in the next few years. It will grow to $7.21 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to expansion of professional services, development of targeted treatments, integration of pest management programs, expansion in construction industry, stringent regulatory requirements. Major trends in the forecast period include demand in construction industry, environmentally friendly solutions, advanced treatment technologies, rise in urbanization, climate change impact.
Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=10579&type=smp
Termite Control Market Major Segments
The termite control market covered in this report is segmented -
1) By Type: Chemical Termite Control, Physical And Mechanical Termite Control, Biological Termite Control
2) By Species Type: Dampwood Termites, Subterranean Termites, Drywood Termites, Other Species Types
3) By Application: Commercial And Industrial Sector, Residential Sector, Agriculture And Livestock Farms, Other Applications
Key Driver - Termite Control Market Expands With Increasing Demand For Infestation Prevention In Building Infrastructure
Growing construction industry is significantly contributing to the growth of the termite control market going forward. The construction industry refers to the area of business and manufacturing that is concerned with building, preserving, and fixing infrastructure. Termite control is employed in the construction industry to prevent and control termite infestation in buildings which ruins the building infrastructure and deteriorate the quality of construction. For instance, according to a 2022 report published by the Bureau of Economic Analysis (BEA) a US-based government organization that provides official macroeconomic and industry statistics, the size of the US construction industry increased from $1.916 trillion in the first quarter of 2021 to $2.016 trillion in the first quarter of 2022. Therefore, the growing construction industry will drive the market.
Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=10579&type=smp
Prominent Trend - Revolutionizing Termite Control Groupe Berkem Introduces Novaterm A Dual Innovation With Smart Trap Systems And Synerkem Technology
Product innovations are the key trend gaining popularity in the termite control market. Major companies operating in the termite control market are focusing on integrating new technologies and methodologies to improve termite control applications. For instance, in October 2023, Groupe Berkem, a France-based chemical manufacturing company launched Novaterm. Novaterm was created exclusively for termite control specialists. This new product is a twofold innovation in the field of trap systems: first, it gives termite control professionals more autonomy and productivity through a smartphone application that allows them to plan their trips more efficiently and regulate the number of traps and biocides they have to keep track of. Second, Groupe Berkem's Synerkem technology-a plant-based booster-is included in Novaterm, ensuring the same degree of performance while drastically lowering the formulation's use for traditional biocides.
Termite Control Market Players
Major companies operating in the termite control market report are Adama Agricultural Solutions Ltd., BASF SE, Bayer CropScience AG, Control Solutions Inc., Ensystex Inc., FMC Corporation, Nippon Soda Co. Ltd., Nufarm Limited, Rentokil Initial plc, Syngenta AG, The Dow Chemical Company, UPL Limited, Annex Integrated Management Private Limited, Anticimex AB, Aptive Environmental LLC, Pelsis Ltd., Home Paramount Pest Control Inc., Rollins Inc., The Terminix International Company LP, Arrow Exterminators Inc., Ecolab Inc., Massey Services Inc., Western Exterminator Company, Orkin LLC, McCloud Co., Rose Exterminator Co., Plunkett's Pest Control Inc., ABC Home & Commercial Services Inc., Cook's Pest Control Inc., Northwest Exterminating Co. Inc.
View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/termite-control-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the termite control market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global termite control market report during the forecast period. The regions covered in the termite control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Termite Control Market Report Structure
3. Termite Control Market Trends And Strategies
4. Termite Control Market - Macro Economic Scenario
5. Termite Control Market Size And Growth
…..
27. Termite Control Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Termite Control Global Market Report 2024 - By Share, Size, Growth, Trends, Forecast To 2033 here
News-ID: 3531702 • Views: …
More Releases from The Business research company
Key Growth Factors, Market Segmentation, and Competitive Approaches Influencing …
The AC electric motor market is poised for substantial growth in the coming years, driven by advancements in technology and evolving industrial needs. As industries adapt to modern demands like smart manufacturing and electric mobility, this sector is expected to expand significantly. Let's explore the market's size, key players, emerging trends, and the main segments shaping its future.
Forecasted Growth of the AC Electric Motor Market Size Through 2029
The…
Segment Evaluation and Major Growth Areas in the Semiconductor Capital Equipment …
The semiconductor capital equipment sector is set for substantial growth in the coming years, driven by technological advancements and increasing demand across various industries. This market reflects the dynamic nature of semiconductor manufacturing, where innovations and shifting industry needs play a pivotal role. Let's explore the current market valuation, key players, emerging trends, and segment-specific insights shaping the future of this industry.
Projected Market Growth of the Semiconductor Capital Equipment Market…
Worldwide Trends Review: The Fast-Paced Development of the Hollow Fiber Filtrati …
The hollow fiber filtration market is poised for impressive expansion over the coming years, driven by evolving healthcare needs and technological advancements. This sector is set to experience significant shifts that will shape its future landscape, fueled by innovation and changing consumer preferences. Let's explore the current market valuation, key players, emerging trends, and segment breakdowns that define this growing industry.
Forecasted Market Valuation and Growth Trajectory of the Hollow Fiber…
Emerging Sub-Segments Transforming the Stud Welding Machine Market Landscape
The stud welding machine market is positioned for steady growth over the coming years, driven by evolving industrial demands and technological advancements. As industries such as renewable energy, shipbuilding, and aerospace expand, the need for efficient and precise welding solutions is becoming increasingly critical. This overview delves into the market's valuation, key players, emerging trends, and segment insights shaping its trajectory.
Stud Welding Machine Market Valuation and Growth Outlook
The…
More Releases for Termite
Termite Inspection 101: What Homeowners Must Know
A thorough termite inspection is the best way to protect a home from these silent destroyers. This guide breaks down the essential steps, highlighting the importance of termite treatment, locating reliable termite control near me, and when to call professionals like Majestic Pest Control - Hicksville Exterminator Service.
Termites cause billions of dollars in property damage each year, often going unnoticed until it's too late. A thorough termite inspection is the…
Introduction to Termite Bait Systems
Termites are wood-eating insects that cause significant structural damage to homes and buildings worldwide, resulting in costly repairs. The subterranean termite species, particularly Coptotermes formosanus and Reticulitermes flavipes, are known for their aggressive wood consumption and large colonies. Traditional methods for termite control often involve liquid chemical barriers, which aim to prevent termites from reaching structures. However, growing environmental concerns and advancements in pest control technologies have led to the…
Termite Survey Service Market Growing Demand and Trends 2023 to 2030 |DoMyOwn, S …
A research report on the Termite Survey Service market by Infinity Business Insights forecasts a steady rate of expansion over the following years. The study, which is centered on 2023, offers an analysis of the global market's size, share, growth, trends, cost structure, and statistical data. The research provides a thorough picture of the market's situation at the moment, taking into account both traditional and modern trends, extensive financial and…
Termite Bait Systems Industry Report Analysis By opportunities
Stratistics MRC's Termite Bait Systems Market report provides readers with an understanding of market details, overview, drivers and segmentation with types.
Termite bait systems are one of the most environment-friendly options to control termites. Termites mainly cause damage to residential areas, where they primarily feed on wood. They also feed on damaged paper, books, insulations, and filtration systems. A termite bait system is one such termite control method that is used…
2028 Termite Bait Systems Industry Report Growth Forecasts
Stratistics MRC's Global Acaricides Market value expected to reach $522.56 million growing at a CAGR of 7.6% during 2020-2028.
Termite bait systems are one of the most environment-friendly options to control termites. Termites mainly cause damage to residential areas, where they primarily feed on wood. They also feed on damaged paper, books, insulations, and filtration systems. A termite bait system is one such termite control method that is used as an…
Termite Treatment Market Future Trend By Top Companies DoMyOwn, Specialist Termi …
The Global Termite Treatment market report focuses on the economic developments and consumer spending trends across different countries for the forecast period 2020 to 2026. The research further reveals which countries and regions will have a better standing in the years to come. Apart from this, the study talks about the growth rate, market share as well as the recent developments in the Global Termite Treatment industry worldwide. Besides, the…
