Asia Pacific Termite Control Market was worth USD 0.96 billion in 2018 and estimated to be growing at a CAGR of 5.9%, to reach USD 1.27 billion by 2023. Termites are damaging to humans, livestock, and environment. As a result, various preventive and control measures have been taken to control the proliferation of termites.
The market is driven by various factors like growth in public awareness, climate change and government regulations on public and environmental health. There has been a rise in the disposable income earned by people, which further drives the market as people are focusing on improving their health and hygiene standards. Lack of skilled technicians offering innovative solutions for termite control and delayed regulatory approval process for chemical applications in residential and commercial areas are considered as restraining factors for the market.
The market for Termite Control is broadly categorized into species type, control method and application. By type the market is analysed under Subterranean termites, drywood termites, dampwood termites and other. Subterranean termites accounted for the largest market share across all the types of termites, owing to the higher demand in industrial and residential sectors for pre- & post-construction treatment and wooden house treatment, respectively, for these termites. By control method it is further segmented into Chemical control methods, physical and mechanical control methods, biological control methods, botanicals and other control methods. The chemical control method dominated the segment due to the significant demand for pyrethroids for its application rate and compatibility against a variety of termites. By application the market is classified into Commercial and industrial, residential, agriculture and livestock farms and other applications. On the basis of geography, the market is analysed under various regions namely India, China, Japan, Australia and South Korea. Asia-Pacific is projected to be the fastest-growing region due to the stringent need for commercial establishments and industrial sectors to comply with termite control regulations within their premises.
The key players in this market include BASF SE (Germany), The Dow Chemical Company (U.S.), Bayer CropScience AG (Germany), Syngenta AG (Switzerland), Sumitomo Chemical Co. (Japan), FMC Corporation (U.S.), Nufarm Limited (Australia), United Phosphorus Limited (India), Rentokil Initial plc. (U.K.), ADAMA Agricultural Solutions Ltd. (Israel), Nippon Soda (Japan), Control solution plc. (U.S.), and Ensystex (U.S.).
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Species type
5.1.1 Introduction
5.1.2 Subterranean Termites
5.1.3 Drywood Termites
5.1.4 Dampwood Termites
5.1.5 Others
5.1.6 Y-o-Y Growth Analysis, By Species Type
5.1.7 Market Attractiveness Analysis, By Species Type
5.1.8 Market Share Analysis, By Species Type
5.2 Control method
5.2.1 Introduction
5.2.2 Chemical control methods
5.2.2.1 Synthetic Pyrethroids
5.2.2.2 Chlorinated Hydrocarbons
5.2.2.3 Phenylpyrazole
5.2.2.4 Chloronicotinyl
5.2.2.5 Organophosphates
5.2.2.6 Others
5.2.3 Physical and mechanical control methods
5.2.3.1 Pitfall
5.2.3.2 Termite barriers
5.2.3.3 Bait technology
5.2.4 Botanicals
5.2.4.1 Essential oils
5.2.4.2 Plant extracts
5.2.4.2.1 Leaf
5.2.4.2.2 Root
5.2.4.2.3 Fruits and seeds
5.2.4.3 Wood extract
5.2.4.4 Resin
5.2.4.5 Nematode control
5.2.5 Other control methods
5.2.6 Y-o-Y Growth Analysis, By Control methods
5.2.7 Market Attractiveness Analysis, By Control methods
5.2.8 Market Share Analysis, By Control methods
5.3 Application
5.3.1 Introduction
5.3.2 Commercial and industrial
5.3.3 Residential
5.3.4 Agriculture and livestock farms
5.3.5 Other applications
5.3.6 Y-o-Y Growth Analysis, By application
5.3.7 Market Attractiveness Analysis, By Application
5.3.8 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By species type
6.1.3.3 By control method
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By species type
6.1.4.3 By control method
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By species type
6.1.5.3 By control method
6.1.5.4 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Dow Chemical Company
8.3 Syngenta AG
8.4 Sumitomo Chemical Co.
8.5 Nufarm Limited
8.6 United Phosphorus Limited
8.7 Rentokil Initial plc.
8.8 Nippon Soda
8.9 Control solution plc.
8.10 Ensystex
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
