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Termite Control Market By Type ( Subterranean Termites, Drywood Termites, Dampwood Termites And Others) , By Control Method ( Chemical Control Methods, Physical And Mechanical Control Methods, Biological Control Methods, Botanicals And Other Control Methods) , By Application ( Commercial And Industrial, Residential, Agriculture And Livestock Farms And Other Applications) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast | 2022 to 2027.

Published: March, 2023
ID: 7327
Pages: 175
Formats: report pdf report excel report power bi report ppt

Termite Control Market Size & Growth (2022 - 2027):

Termite Control Market was worth USD 3.3 billion in 2021 and estimated to be growing at a CAGR of 5.6%, to reach USD 4.33 billion by 2026.

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.

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 the regulatory approval process for chemical applications in residential and commercial areas are considered as restraining factors for the market.

TERMITE CONTROL MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2021- 2026

CAGR

5.6%

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

North America, Europe, APAC, Latin America, Middle East & Africa

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)
  • United Phosphorus Limited (India)
  • Rentokil Initial plc. (U.K.)

Market Segmentation:

Termite Control Market - By Type:

  • Subterranean termites

  • Dry wood termites
  • Damp wood termites

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. 

Termite Control Market - By Control Method:

  • Chemical control method
  • Physical and mechanical control method
  • Biological control method
  • Botanical
  • Other control method

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.  

Termite Control Market - By Application:

  • Commercial and industrial
  • Residential
  • Agriculture and livestock farms  

The Market is Geographically divided into:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa 
  • Rest of the World

Key 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.)

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