Pest Control Market Overview, Statistics | Industry Trends, and Forecasts upto 2025 - PowerPoint PPT Presentation

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Pest Control Market Overview, Statistics | Industry Trends, and Forecasts upto 2025

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Global Pest Control Market research report is segmented by Application, Control Method, Pest Type, Mode Of Application & by Geography. pest control market is expected to reach USD 27.5 Billion by 2025. Covid-19 Impact on Pest Control Market get report today – PowerPoint PPT presentation

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Title: Pest Control Market Overview, Statistics | Industry Trends, and Forecasts upto 2025


1
MarketsandMarkets Presents
Pest Control Market - Forecast to
2025 https//www.marketsandmarkets.com/Market-Repo
rts/pest-control-market-144665518.html

2
The report "Pest Control Market by Pest Type
(Insects, Rodents, Termites, Wildlife), Control
Method (Chemical, Mechanical, Biological), Mode
Of Application (Sprays, Traps, Baits),
Application (Residential, Commercial,
Industrial), Region Global Forecast to
2025" The global pest control market is projected
to reach USD 27.5 billion by 2025, at a CAGR of
5.04 from 2019 to 2025. Browse 123 market data
Tables and 56 Figures spread through 203 Pages
and in-depth TOC on "Pest Control Market Global
Forecast to 2025 Asia Pacific region is
projected to witness the highest growth in the
pest control market by 2025. The Asia Pacific
region is among the fastest-growing regions for
pest control. The regions high concentration of
urban population and urbanization poses a strong
potential for pest control service providers. The
effects of climate change and in certain cases,
the negligence toward sanitary conditions in
urban slums has resulted in multiple disease
outbreaks. Improvements in legislation and
policies surrounding the requirement of pest
control have benefitted pest control service
providers in the Asia Pacific region.
Additionally, the region has also been
susceptible to many pest-borne disease outbreaks
in the last two decades. From the last quarter of
2015, there has been a significant number of
cases related to Zika virus in the region. Zika
virus is a mosquito-transmitted Flavivirus and
has been detected in several countries in the
Asia Pacific region, which include Thailand, the
Philippines, Malaysia, Vietnam, and Indonesia.
According to a WHO report (October 2016), the
Asia Pacific region is highly likely to continue
to report new cases and possibly new outbreaks of
Zika virus. Thus, with increasing outbreaks of
diseases due to insects, the demand for pest
control services is projected to increase in the
region. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id144665518
3
  • Report Objectives
  • To describe and forecast the pest control market,
    in terms of control method, pest type,
    application, mode of application, and region
  • To describe and forecast the pest control 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 study the complete value chain of pest control
  • To analyze opportunities in the market for
    stakeholders by identifying the high-growth
    segments of the pest control ecosystem
  • To strategically profile key players and
    comprehensively analyze their market positions in
    terms of ranking and core competencies, along
    with detailing the competitive landscape for
    market leaders
  • To analyze strategic approaches such as
    acquisitions and divestments expansions and
    investments product launches and approvals
    agreements and collaborations and partnerships
    in this market
  • Request for sample Pages https//www.marketsandma
    rkets.com/requestsampleNew.asp?id144665518

4
By control method, the chemicals segment
dominated the pest control market in
2018. Chemical pesticides, which are toxic or
poisonous to the pests, are used for pest control
in Asia Pacific. The use of chemical pesticides
is widespread due to their relatively low cost,
simplicity of application, effectiveness,
availability, and stability. These factors,
coupled with the growing economic conditions
across Asia, encourage the adoption of chemicals
to a larger extent. Chemical pesticides are
generally fast-acting, which helps minimize their
impact on the surrounding environment. Local
agencies are adopting new technologies in
deploying chemical solutions, including the use
of drone-based sprays, to maximize the area to be
covered. Insects are the major pest type driving
the growth in the Asia Pacific pest control
market during the forecast The climate across
the Asia Pacific, especially in Southeast and
Western Asia, is conducive for the breeding of
many insects. Warmer temperatures are generally
the breeding grounds for insects, supporting
their faster development and prolonged survival.
Termites and mosquitoes are among the major pests
in the Asia Pacific region and are expected to
fuel the demand for insect pest control products
and services during the forecast period. The
demand for rodent control in Asia Pacific is also
gaining prominence in the wake of the stringent
regulations and safety standards in the
commercial sector. Rodents are also a major
problem in the Asia Pacific market. Countries
such as China, India, and Japan are witnessing
large-scale rodent infestation in the urban and
rural areas. The rodent infestation in the region
can be traced to a multitude of factors such as
flooding, urban expansion, lack of hygiene
conditions and open drains Make an Inquiry
https//www.marketsandmarkets.com/Enquiry_Before_B
uyingNew.asp?id144665518  
5
Opportunity Emergence of biological pest control
solutions Innovations at both the ingredient and
product levels have increased in recent years.
For instance, the use of biological insecticides,
which have few or no side effects on human
health, is gaining high acceptance among service
providers. It is estimated that the use of
chemicals for insect control would subside
gradually and consumers are expected to move
towards biological options. Major factors
impacting market growth include the change in
regulations and the development of resistance
among pest organisms. The ban on neonicotinoid
pesticide use in Europe is an example of the
acceptance of biological control solutions as
compared to chemicals. Growers have started
replacing banned older and more toxic active
ingredients with biological insecticides. Other
future legal actions affecting the growers
abilities to use established crop protection
chemistries would attribute to increased market
share for biological pesticides. Companies such
as the Woodstream Corporation (US) and its Safer
brand are among the key market players in the
introduction and use of biological pest control
solutions. Innovative products and solutions are
being introduced by manufacturers to support more
environment-friendly insect pest control
products. Challenges Growth in pest resistance
against chemical compounds Even though insects
are effectively controlled by the application of
chemicals, these insect species have the ability
to develop resistance to insecticides when
exposed to a larger dose of these active
ingredients frequently. For instance, flies are
known to have developed high resistance against
all types of insecticides due to the improper
handling of pesticides. According to the Center
for Integrated Pest Management, over 600 species
of pests have developed resistance to chemical
compounds. This has prompted the use of
biocontrol products and alternative measures
including crop rotation to prevent pests from
building any resistance Speak to Analyst
https//www.marketsandmarkets.com/speaktoanalystNe
w.asp?id144665518
6
  • Recent Developments
  • In March 2019, DowDuPont confirmed the completion
    of the required clearances for the spin-off for
    Corteva Agrisciences (US) which would operate as
    a separate company under the conglomerate.
  • In January 2019, Control Solutions Inc. (US), a
    wholly owned subsidiary of Adama, acquired Bondie
    Products Inc. (US). The acquisition is expected
    to benefit CSI through the access of Bondies
    portfolio of pest control products and customer
    base.
  • In October 2018, Bell Laboratories launched
    Contrac Soft bait 4lb pails, for the US market
    following the success of its 16lb pails. The new
    product is expected to ease mobility concerns for
    service technicians on the field as well as ease
    inventory management for service providers.
  • In July 2018, Rollins, Inc. acquired Aardwolf
    Pestkare (Singapore) Pte Ltd., a pest control
    company in Singapore. This acquisition helped
    Rollins, Inc. to expand its market presence in
    the Asia Pacific region.
  • In December 2017, BASF SE entered into a
    collaboration with Mitsui Chemicals Agro, Inc.
    (Japan), for a new insecticide compound
    Broflanilide, which would be utilized in
    professional pest management services to control
    a wide range of pests such as termites, ants,
    cockroaches, and flies.

7
Contact Us
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
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ts/agriculture-industry Connect with us on
LinkedIn _at_ http//www.linkedin.com/company/markets
andmarkets
8
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