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.
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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.
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.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023E-2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Spices Type · Control Method · Application |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia; |
| Key companies profiled | 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. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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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:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global termite control market.
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