Global Termite Control Market Forecast 2028 – Overall Growth & Opportunities

The global termite control market is expected to grow at a steady CAGR during the forecast period. The global termites control market is driven by growing cognizance regarding health & cleanliness, especially during the changing weather & climatic conditions. In addition to this, the increase in the effectiveness of chemical compounds against termites is positively impacting the growth of the market during the forecast period.

The global termite control market is segmented based on species type, control method, application, company, and region. Based on species type, the market has been segmented into subterranean termites, dry wood termites, and damp wood termites. The subterranean termites segment accounted for the largest market share until 2022 and is projected to maintain its leading position during the forecast period as well owing to the high concentration of these termites and easy availability in all regions.

In terms of application, the market is fragmented into commercial & industrial, residential, livestock farms, and others. Among them, the commercial & industrial segment is forecast to register high growth in the next 5 years on account of strict regulatory requirements in order to keep the threat of termites under control.

The major players operating in the termite control market

• BASF SE
• The DOW Chemical Company
• Bayer CropScience AG
• Syngenta AG
• Sumitomo Chemical Co., Ltd.
• FMC Corporation
• Nufarm Limited
• United Phosphorus Limited
• Rentokil Initial PLC
• Adama Agricultural Solutions Ltd., and others.

The Objective of the Study:

• To analyze and estimate the market size of the global termite control market from 2018 to 2021.
• To estimate and forecast the market size of the global termite controls market from 2022 to 2028 and the growth rate until 2028.
• To classify and forecast the global termite control market based on species type, control method, application, company, and regional distribution.
• To identify the dominant region or segment in the global termite control market.
• To identify drivers and challenges for the global termite controls market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global termite control market.
• To conduct pricing analysis for the global termite control market.
• To identify and analyze the profile of leading players operating in the global termite controls market.
• To identify key sustainable strategies adopted by market players in the global termites control market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of the global termites control market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

• Termiticide manufacturers
• Market research and consulting firms
• Government bodies such as regulating authorities and policymakers
• Organizations, forums, and alliances related to termite control

The study is helpful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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Report Scope:

In this report, the global termite control market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Global Termite Control Market, By Species Type:
  • Subterranean Termites
  • Drywood Termites
  • Dampwood Termites
• Global Termites Control Market, By Control Method:
  • Chemical
  • Physical & Mechanical
  • Biological
  • Other
• Global Termite Control Market, By Application:
  • Commercial & Industrial
  • Residential
  • Livestock Farms
  • Others
• Global Termite Control Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
  • South America
    • Brazil
    • Argentina
    • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global termite control market.