Europe Termite Control Market Size, Share, Growth, Trends, And Forecast Research Report – Segmented By Type, Control Method, Application And By Region (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of EU) - Industry Analysis Forecast From (2024 to 2032)

Updated On: June, 2024

ID: 7332

Pages: 145

Europe Termite Control Market Size (2024 to 2032)

Europe termite control market was valued at USD 1.34 billion in 2023 and is anticipated to reach SUD 1.41 billion in 2024 from USD 2.15 billion by 2032, growing at a CAGR of 5.4%, from 2024 to 2032. Termites are damaging to humans, livestock, and the environment. Hence, various preventive and control measures to control the proliferation of termites have been driving the growth of this market, globally.

Market Drivers and Restraints

The market is driven by various factors like climate change, growth in public awareness, 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.

REPORT COVERAGE

REPORT METRIC	DETAILS
Market Size Available	2023 to 2032
Base Year	2023
Forecast Period	2024to 2032
CAGR	5.4%
Segments Covered	By Species Type, Control Method, Application & Region
Various Analyses Covered	Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regions Covered	U.K, Italy, Germany, France, and Spain
Market Leaders Profiled	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)

This research report on the market is segmented and sub-segmented into the following categories

Europe Termite Control Market Analysis By Species Type

Subterranean termites
Dry wood termites
Damp wood termites
Others

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.

Europe Termite Control Market Analysis By Control Method

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.

Europe Termite Control Market Analysis By Application

commercial and industrial
residential
agriculture and livestock farms
other applications

COUNTRY ANALYSIS

UK
France
Spain
Germany
Italy
Russia
Sweden
Denmark
Switzerland
Netherlands
Turkey
Czech Republic
Rest of Europe

On the basis of geography, the market is analyzed under various regions namely U.K, Italy, Germany, France, and Spain.

KEY MARKET PLAYERS

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.), Ensystex (U.S.). These are the market players that are dominating the Europe termite control market