Rodenticides Market Analysis, Growth, Share, Trends, & Forecast to 2025 - PowerPoint PPT Presentation

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Rodenticides Market Analysis, Growth, Share, Trends, & Forecast to 2025

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The rodenticides market is projected to grow from USD 4.7 billion in 2019 to USD 5.9 billion by 2025, at a CAGR of 3.7%. Rodenticides are the chemical or biological agents that help to destroy, kill, or repel rodents. These are usually formulated with food baits so as to attract rodents towards the formulation. Huge losses in agricultural fields, grain storage, and warehouses have been reported from rodent attacks. – PowerPoint PPT presentation

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Title: Rodenticides Market Analysis, Growth, Share, Trends, & Forecast to 2025


1
MarketsandMarkets Presents
Rodenticides Market - Forecast to 2025
https//www.marketsandmarkets.com/Market-Reports/r
odenticides-market-189089498.html
2
The report "Rodenticides Market by Type
(Non-Anticoagulants, Anticoagulants (FGAR,
SGAR)), End-Use Sector (Agricultural Fields,
Warehouses, Urban Centers (Residential,
Commercial)), Mode of Application (Pellets,
Sprays, Powders), and Region - Global Forecast to
2025", is projected to reach USD 5.9 billion by
2025, from USD 4.7 billion in 2019, at a CAGR of
3.7 during the forecast period. The market is
driven by factors such as urbanization and
industrialization, along with public awareness
about chemical-based rodenticides. Browse 115
market data Tables and 48 Figures spread
through 191 Pages and in-depth TOC
on "Rodenticides Market - Global Forecast to
2025 The rodenticides market was dominated by
North America in 2018 and is also projected to
witness significant growth during the forecast
period. This is due to the growing concerns of
rodent attacks in the US. According to the
Washington Post Company LLC (US), there were
about 2 million New York City rats in 2014.
According to Rentokil Initial Plc (UK), there are
over 20,000 pest control service companies in
North America Orkin, Terminix, Rentokil, and
Ecolab occupy a significant share in the market.
Among all the pests, according to the same
report, rodents were responsible for over 29 of
pest incidents in America in 2017, 35 of which
were from the North-Eastern region. Download
PDF Brochure https//www.marketsandmarkets.com/pd
fdownloadNew.asp?id189089498
3
  • The years considered for the study are as
    follows
  • Base year 2018
  • Projected year 2025
  • Forecast period 2019 - 2025
  • Objectives of the study are as follows
  • To describe and forecast the rodenticides market,
    in terms of type, mode of application, end-use
    sector, and region
  • To describe and forecast the rodenticides market,
    in terms of value, by regionAsia Pacific,
    Europe, North America, South America, and the
    Rest of the Worldalong with their respective
    countries
  • To provide detailed information regarding the
    major factors influencing market growth (drivers,
    restraints, opportunities, and challenges)
  • To strategically analyze micromarkets with
    respect to individual growth trends, prospects,
    and contributions to the overall market
  • To analyze opportunities in the market for
    stakeholders by identifying the high-growth
    segments of the rodenticides ecosystem
  • To strategically profile the key players and
    comprehensively analyze their market position in
    terms of ranking and core competencies, along
    with detailing the competitive landscape for
    market leaders
  • To analyze strategic approaches, such as
    acquisitions divestments, expansions, product
    launches approvals, and agreements in the
    rodenticides market
  • Make an Inquiry https//www.marketsandmarkets.com
    /Enquiry_Before_BuyingNew.asp?id189089498

4
Increasing residential and commercial settings
due to the migration of people from rural areas,
resulting in the displacement of rats, is one of
the major factors affecting the growth of the
rodenticides market during the forecast
period Rodenticides are used for the purpose of
killing and repelling rodents from the areas
susceptible to damages caused by rats in
commercial settings, residential spaces,
agricultural fields, and warehouses. People
migrating from rural areas to urban centers
triggered the rats to displace from their places,
and these rats or rodents found their homes near
to humans. This created the need for using
rodenticides to get rid of these rodents.
Furthermore, the increasing awareness among
people and the consciousness towards health and
hygiene also encouraged them to make use of the
rodenticides. By type, the anticoagulants
segment dominated the rodenticides market in
2018 Across the majority of the developed
nations pesticide registry, anticoagulant
rodenticides are the most widely approved
products in the market. Active ingredients, such
as bromadiolone and brodifacoum, have gained
increased popularity among pest control operators
for urban application. Thus, the anticoagulants
segment dominated the overall rodenticides
market, by type, due to the excessive use of
second-generation anticoagulants. With the
continuous use of first-generation
anticoagulants, rodents developed resistance
against the active ingredients, which, in turn,
led to the development of second-generation
anticoagulants. These are majorly being used for
killing the rodents due to their efficacy to kill
them in a single dose. However, there have been
instances of resistance against second-generation
anticoagulant rodenticides, and hence, research
on better and efficient active ingredients has
been taken up by the key manufacturers. Make an
Inquiry https//www.marketsandmarkets.com/Enquiry
_Before_BuyingNew.asp?id189089498  
5
  • Key Market Players
  • The rodenticides market is divided into two
    segmentsproduct manufacturers and service
    providers. The key companies in product
    manufacturing include BASF SE (Germany), Bayer
    (Germany), Syngenta (Switzerland), UPL (India),
    Liphatech Inc. (US), JT Eaton (US), Neogen
    Corporation (US), Pelgar International (UK),
    Senestech Inc. (US), Bell Laboratories (US), and
    Impex Europa (UK). The key service providers
    include Rentokil Initial Plc (UK), Terminix (US),
    Ecolab (US), Anticimex (Sweden), Rollins (US),
    Truly Nolen (US), and Abell Pest Control
    (Canada).
  • These players are undertaking strategies such as
    new product launches and acquisitions to improve
    their market positions and extend their
    competitive advantage.
  • Recent Developments
  • In January 2019, Turner Pest Control (US), a
    Jacksonville-based Anticimex company acquired
    Brandon Pest Control (US). It is a USD 8 million
    company that deals with pest control service
    provision. The acquisition is part of the
    companys aggressive growth strategy. 
  • In April 2018, BASF (US) launched Selontra rodent
    bait, a soft bait formulation. This is a
    cholecalciferol-based rodenticide, which helps
    the professionals for rodent control.
  • Critical questions the report answers
  • Where will all these developments take the
    industry in the mid-to-long term?
  • What are the upcoming commercial prospects for
    the rodenticides market?
  • What is the impact of high capital investment on
    the rodenticides market?
  • What are the new technologies and active
    ingredients introduced in the rodenticides
    market?
  • What are the latest trends in the rodenticides
    market?

6
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7
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