Termite Control Market- Insights, Size, Share, Opportunity Analysis - PowerPoint PPT Presentation

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Termite Control Market- Insights, Size, Share, Opportunity Analysis

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The termite control market was valued at US$ 3,276.91 million in 2016 and is expected to expand at a CAGR of 5.7%, in terms of revenue, over the forecast period (2017-2025). – PowerPoint PPT presentation

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Title: Termite Control Market- Insights, Size, Share, Opportunity Analysis


1
Termite Control Market- Global Industry Insights,
Trends, Outlook, and Opportunity Analysis,
20162024
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2
REPORT DESCRIPTION
Termite Control Market Overview Termites mainly
feed on cellulose and dead plant material,
usually in the form of leaf litter, wood, and
soil. Termite infestation can lead to major
damage to buildings, food crops, and in turn
humans. Thus, various control methods such as
chemical control, biological control, and
physical mechanical control methods are being
used to control termite infestation. Supportive
government initiatives is a major factor fueling
market growth. For instance, the Environmental
Protection Agency (EPA) in the U.S. encourages
termite prevention through various awareness
programs and has implemented stringent standards
for registration and use of termite control
products.   The subterranean termites segment
accounted for the largest market share in 2016.
This is attributed to high concentration of these
termites, with as many as over two million
termites in a single colony, making these the
most destructive termite species. Chemical
control method is most widely used in controlling
termite infestation, as it provides fast
elimination and highly effective, with
pyrethroids being the most preferred pesticide.
In addition to this, chemicals such as
chlorinated hydrocarbons, phenylpyrazole,
chloronicotinyls, borates, trifluoromethyl
aminohydrazones, and pyrroles are also used in
this method.
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3
REPORT DESCRIPTION
North America is the most dominant region in
global termite control market and the region was
valued at US 1,165.79 million in 2016. This is
attributed to increasing demand from commercial
and industrial sectors such as food service and
food processing industries, for termite control
services. The Pest Management Regulatory Agency
of Health Canada (PMRA), regulates the Pest
Control Products Act (PCPA), in various sectors
including Food Residue Exposure Assessment
Section (FREAS), which evaluates cases, where
these services can affect the human health due to
their contact with field crops, meat and dairy
products and processed food. Furthermore, global
organizations including The U.S. Department of
Agriculture (USDA) actively focuses on termite
research and control programs and also publishes
news related to termite control for creating
awareness among the general public. It actively
funds research on subterranean termites at the
Louisiana State University. Request Sample Copy
of This Report https//www.coherentmarketinsights
.com/insight/request-sample/1019
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4
REPORT DESCRIPTION
However, various governments are implementing
regulations for use of certain pesticides and
limiting the availability of toxic pesticides,
either by restricting its use or banning a
product completely. For instance, in Japan,
heptachlor and chlordane are restricted for use
in termite control owing to its harmful effects
on human health and environment. This in turn,
propelling the demand for biotermiticides, as
they are derived from bacteria or fungi and have
less environmental impact. In addition to this
According to Indian Pest Control Association a
non-profit trade association of professional pest
management companies in India the Insecticides
Act aids in regulating the import, registration
process, manufacturing, and use of insecticides
in order to prevent risk to animals and human
beings. All the insecticides undergo the
registration process with Central Insecticides
Board Registration Committee (CIB RC) before
its use. The constantly changing regulatory
scenario and stringent registration process for
pesticides inhibit market growth to a certain
extent. To Get Discount on this Report
https//www.coherentmarketinsights.com/insight/req
uest-discount/1019
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5
ABOUT COHERENT MARKET INSIGHTS
ABOUT US Coherent Market Insights is a global
market intelligence and consulting organization
focused on assisting its plethora of clients
achieve transformational growth by helping them
make critical business decisions. We are
headquartered in India, with an office at the
global financial capital in the U.S. Our client
base includes players from across all business
verticals in over 150 countries worldwide. We
are uniquely positioned to help businesses around
the globe deliver practical and lasting results
through various recommendations about operational
improvements, technologies, emerging market
trends and new working methods. We offer both
customized and syndicated market research reports
that help our clients create visionary growth
plans to provide traction to their business. We
meticulously study emerging trends across various
industries at both the global and regional
levels to identify new opportunities for our
clientele.
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ABOUT COHERENT MARKET INSIGHTS
Industries we cater

SECTOR COVERAGE
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HEALTHCAR
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CLINICAL
PHARMACE
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Speciality and
Bulk
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Green Chemicals
Polymers
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7
ABOUT COHERENT MARKET INSIGHTS
RESEARCH SOLUTIONS
KEY STATS
GLOBAL REPORTS
FEASIBILITY STUDIES
100 Insights Published Per Year
COUNT RY ANALYS
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CONSUL T PROJECT S
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EXCEL FORECAST DATABASE
125 Clients Worldwide Per Year
COMPETITI VE ASSESSMEN T
110 Analysts and Contract Consultants
TECHNOLOG Y SNIPPETS
Coherent Market Insights excels at offering
unmatched actionable market intelligence across
various industry verticals, including chemicals,
healthcare, and food beverages, to name a few.
We implement holistic market research methodology
in order to result in the best possible market
research reports across various industries
worldwide. Based on our unmatched expertise
across various industriesno matter how large or
small, how complex or uniquewe help our clients
achieve better outcomes with uniquely designed
and highly customized solutions. Our coverage
includes insights that help our clients ensure
sustained growth in developed markets and also
key inputs to help them tap into emerging markets
and exploit the plethora of opportunities posed
therein.
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8
THANK YOU
To know more about us, visit our website
www.coherentmarketinsights.com For sales queries
or new topics email us on sales_at_coherentmarketin
sights.com For other queries contact Mr.
Shah (Manager - Business Development) Coherent
Market Insights sales_at_coherentmarketinsights.com
1-206-701-6702
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