Global Insect Pest Control Market 2018-2023 – Usage of Biological Insecticides (Biocides) Gaining Popularity – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Insect
Pest Control Market by Insect Type, Control Method, Application, and
Region – Global Forecast to 2023" report has been added to ResearchAndMarkets.com's
offering.
The insect pest control market is projected to grow at a CAGR of 5.05%
from USD 13.1 Billion in 2017 to reach USD 17.6 Billion by 2023.
Pathogens causing dengue, rift valley fever, malaria, and Zika virus are
transmitted by insects, which act as vectors for these diseases, and are
considered to be dangerous to humans, livestock, and the environment.
Hence, various preventive and control measures to control the
proliferation of harmful insects have been driving the growth of this
market, globally.
The chemical control method was largely used for insect pest control in
2016 due to the significant demand for pyrethroids for its limited
application rate and compatibility against a variety of insects. Termite
control, on the basis of insect type, accounted for the largest share in
2016 owing to its higher demand in industrial and residential sectors
for pre- & post-construction treatment and wooden house treatment,
respectively.
The insect pest control market is a fragmented one with a large number
of domestic manufacturers, formulators, service, providers, and
suppliers. Easy availability of off-patent chemicals allows the entry of
many small-scale manufacturers and to compete for the market position.
Limited research activities are conducted with respect to insecticides,
except for some key players such as Bayer (Germany), Syngenta
(Switzerland), BASF (Germany), FMC Corporation (US), Sumitomo Chemicals
(Japan), ADAMA (Israel), Rentokil Initial (UK), Ecolab (US), The
Terminix International Company (US), Arrow Exterminators (US), Ensystex
(US), and Rollins (US), as these are well-established and financially
stable players that have been operating in the industry for several
years. Most key participants have been exploring new regions through
acquisitions, new product developments, and collaborations across the
globe to avail a competitive advantage through combined synergies.
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Insect Pest Control Market, by Insect Type
7 Insect Pest Control Market, by Control Method
8 Insect Pest Control Market, by Application
9 Insect Pest Control Market, by Region
10 Competitive Landscape
11 Company Profiles
- Adama
- Arrow Exterminators
- BASF SE
- Bayer AG
- Ecolab
- Ensystex
- FMC Corporation
- Rentokil Initial PLC
- Rollins Inc.
- Sumitomo Chemical Co. Ltd.
- Syngenta
- The Terminix International Company LP
For more information about this report visit https://www.researchandmarkets.com/research/jctvzh/global_insect?w=4
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Related
Topics: Agriculture,
Pest
Control Products