Global Termite Control Market Size, Share, Trends, COVID-19 Impact And Growth Forecasts Report – Segmented By Type ( Subterranean Termites, Drywood Termites, Dampwood Termites And Others) , Control Method ( Chemical Control Methods, Physical And Mechanical Control Methods, Biological Control Methods, Botanicals And Other Control Methods), Application ( Commercial And Industrial, Residential, Agriculture And Livestock Farms And Other Applications) And By Region (North America, Latin America, Asia Pacific, Europe, Middle East and Africa) - Industry Analysis From 2024 to 2029

Updated On: January, 2024
ID: 7327
Pages: 175

Global Termite Control Market Size (2024 to 2029)

The global termite control market is expected to reach USD 3.89 billion in 2024 and reach USD 5.10 billion by 2029, growing at a CAGR of 5.6% from2024 to 2029.

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. The lack of skilled technicians offering innovative solutions for termite control and the delayed regulatory approval process for chemical applications in residential and commercial areas are considered restraining factors for the market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.6%

Segments Covered

By Type, Control Method, Application, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of 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.), ADAMA Agricultural Solutions Ltd. (Israel), Nippon Soda (Japan), Control solution plc. (U.S.), Ensystex (U.S.).

 

SEGMENTAL ANALYSIS

Global Termite Control Market By Type:

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. 

Global Termite Control Market By Control Method:

The chemical control method dominated the segment due to the significant demand for pyrethroids for their application rate and compatibility with a variety of termites.  

KEY PLAYERS IN THE GLOBAL TERMITE CONTROL MARKET

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.). Some of the market players dominate the global termite control market.

DETAILED SEGMENTATION OF THE GLOBAL TERMITE CONTROL INCLUDED IN THIS REPORT

This research report on the global termite control market is segmented and sub-segmented based on the Type, Control Method, Application, and Region.

By Type:

  • Subterranean termites
  • Dry wood termites
  • Damp wood termites

By Control Method:

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

By Application:

  • Commercial and industrial
  • Residential
  • Agriculture and livestock farms  

By Region

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