The Global Pest control Market studies the market scenario to offer growth projections for the Pest control Market industry for the forecast period of 2020- 2032 . The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
The global pest control market size was USD 22.91 Billion in 2021 and is expected to register a revenue CAGR of 4.3% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for low-toxic, more sustainable, and environment-friendly pest control methods is driving revenue growth of the market. Pests are one of the key problems for farmers that restricts them in achieving higher production in agriculture crops. In addition, countries, such as India, lose about 25% of their crops due to diseases and pests every year. Moreover, pest controllers protect crops during transport and storage and increase productivity of land and minimize yield losses. Furthermore, insecticides also protect buildings and other wooden structures, such as beds, staircases, and furniture, from damage by termites and woodboring insects. However, unscientific and high use of pesticides in productive lands has led to problems such as pests developing resistance, environmental degradation, lower quality food, and soil contamination. In addition, excessive use of chemical pest controllers leaves residues in water, and soil, is expected to hamper market growth.
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Covid 19 impact analysis:
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market
Major companies profiled in the market report include
Bayer AG, BASF SE, Corteva, ADAMA, Syngenta, Bell Laboratories Inc., FMC Corporation, Ecolab, Rentokil Initial plc., Rollins, Inc., Truly Nolen, and Anticimex...
Research objectives:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals. The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Pest Control products is expected to drive the demand for Pest Control, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
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Emergen Research has segmented the global pest control market based on type, control methods, mode of application, application, and region:
· Type Outlook (Revenue, USD Billion; 2019–2030)
o Termites
o Insects
1. Mosquitoes
2. Flies
3. Cockroaches
4. Ants
5. Bed bugs
o Rodents
o Others
· Control Methods Outlook (Revenue, USD Billion; 2019–2030)
o Chemical
1. Insecticides
2. Herbicides
3. Rodenticides
4. Repellents
5. Others
o Biological
1. Plant-extracts
2. Microbial
3. Predatory insects
o Mechanical
1. Light traps
2. Adhesive traps
3. Malaise traps
4. Mesh screens
5. UV radiation devices
6. Ultrasonic vibrations
7. Others
o Others
· Mode of Application Outlook (Revenue, USD Billion; 2019–2030)
o Powder
o Pellets
o Sprays
o Traps
o Others
· Application Outlook (Revenue, USD Billion; 2019–2030)
o Industrial
o Commercial
o Domestic
o Storage & transport facility
o Agricultural
o Others
Regional Outlook:
The report sheds light on the region expected to dominate the Pest Control market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Pest Control market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Key Objectives of the Global Pest Control Market Report:
· Extensive coverage of the analysis of the Pest Control market
· Key insights into the regional spread of the industry in key geographies
· Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
· Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Pest Control market
· Complete data about the key manufacturers and vendors in the Pest Control market.
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About Emergen Research :
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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