North America Termite Control Market was worth USD 2.15 billion in 2021 and estimated to be growing at a CAGR of 5.5%, to reach USD 4.5 billion by 2026. Termites can cause damage 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.
Drivers and Restraints of North America Termite Control Market:
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 and delayed regulatory approval process for chemical applications in residential and commercial areas are considered as restraining factors for the market.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2026 |
Base Year |
2020 |
Forecast Period |
2021- 2026 |
CAGR |
5.5% |
Segments Covered |
By Type, By Control Method, By Application |
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 |
|
Market Leaders Profiled |
|
Market Segmentation:
North America Termite Control Market - By Species Type:
Dry wood termites
North America Termite Control Market - By Control Method:
North America Termite Control Market - By Application:
Geographical Analysis:
On the basis of geography, the market is analyzed under various regions namely
North America accounted for the largest market share due to significantly growing demand in both commercial and residential applications in the region.
Key Players:
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.).
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1400
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region