Insect Pest Control Products Market | Market Data Forecast 2024
Recent Developments
BASF SE is one of the leading German chemical company and the largest chemical manufacturer in the world. The BASF Group contains joint ventures and subsidiaries in more than 80 countries and works 6 integrated production sites and the 390 other production sites in Europe, Australia, Asia, Africa and Americas.
BASF launched multi-purpose, undetectable insecticide product named Seclira WSG in Australia. Seclira’s unique non-staining, colourless and odourless formulation is ideal for use in areas where appearance is important.
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Market Overview
Market Data Forecast published a report named as Insect Pest Control Products Market. The Insect Pest Control Market worth was USD 13.49 Billion in 2019 and it has estimated to reach USD 17.60 Billion by 2024, rising at a CAGR of 5.05% from 2019.
Report segmented as:
By Type:
· Termites
· Cockroaches
· Bed Bugs
· Mosquitoes
· Flies
· Ants
By Control Method:
· Chemical
· Physical & Mechanical
· Biological
However, rise in concerns about the levels of toxicity in pesticides and the resulting health issues that rise due to the more use of toxic pesticides hinder the pest control market development to a certain extent.
Geographical Segmentation:
Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific and the Rest of the World. North America has led the global Insect Pest Control Products Market.
Key market players:
- Bayer AG
- BASF SE
- Ecolab
- Rentokil Initial Plc.
- Anticimex
- Rollins, Inc.
- ServiceMaster Company, LLC
- FMC Corporation
- Dodson Pest Control, Inc.
- Syngenta
- Lindsey Pest Services
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
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