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5+% CAGR to Be Achieved By Pest Control Market Forecast to 2021 According To New Research

Press Release   •   Nov 07, 2016 15:30 EST

Browse 73 market data Tables and 42 Figures spread through 148 Pages and in-depth TOC on "Pest Control Market by Type (Chemical Control, Mechanical Control, Biological Control), Pest Type (Insects, Termites, Rodents, Wildlife), Application (Commercial, Industrial, Residential, Agricultural), and Region - Global Forecast to 2021" http://www.rnrmarketresearch.com/pest-control-market-by-type-chemical-control-mechanical-control-biological-control-pest-type-insects-termites-rodents-wildlife-application-commercial-industrial-residential-agricultural-and-region-st-to-2021-market-report.html

The pest control market is projected to reach USD 22.04 billion by 2021 at a CAGR of 5.3% from 2016. The market is driven by factors such as easy availability of pest control service providers, climate changes, economic development, and increasing pest population. With the increase in disposable income, the demand for a hygienic environment increases, thus driving the demand for advancements in pest control techniques. Regulatory requirements such as environmental protection laws and changing government policies across diverse regions are restraining factors for pest control product manufacturers and service providers.

The biological control segment is projected to grow at the highest CAGR from 2016 to 2021. Parasites, pathogens, and predators are the beneficial insects which play a vital role in biological control methods to manage pests and control damage. These are also known as natural enemies which is important for reducing the numbers of pest insects and mites.

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Termites need moist conditions to breed and thrive. Drastic climatic changes have resulted in an increase in termite population, which will require more pest control solutions. Control methods of termites vary with the species to be controlled, hence driving the pest control market in the coming years. The termites segment is projected to grow at the highest CAGR during the forecast period.

The increase in awareness about modern pest control practices, food dependence on the agricultural sector in India and China, and demand for maintaining hygienic environmental conditions are expected to fuel the growth of the pest control market in the Asia-Pacific region. China and India are among the top five countries producing rice and wheat. As the production of these commodities is high, they need pest control products to avoid post-harvest losses.

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The report provides insights on the following:

Market Penetration: Comprehensive information on pest control products offered by top players in the global market

Product Development/Innovation: Detailed insights on upcoming pest control techniques, research & development activities, and new product launches in the pest control market

Market Development: Comprehensive information about lucrative emerging markets

Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global pest control market

Competitive Assessment: In-depth assessment of market share, strategies, products, and manufacturing capabilities of leading players in the global pest control market

Companies profiled in this report are

BASF SE
Abate
Fendona
Interceptor
Bayer AG
Natria Home Pest Control
Carpenter Ant & Termite Killer Plus
Ecolab
Sekusept Pure Clean
Actichlor Plus
Syngenta
Advion Ant Gel
Talon Ultrablok
Rentokil Initial PLC
Rentokil Brodifacoum Paste
Advanced Mouse Trap

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