The Termite Control Global Market Report 2023, provides comprehensive information on the termite control market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Termite Control Global Market Report 2023, the market size is expected to grow from $4.82 billion in 2022 to $5.16 billion in 2023 at a compound annual growth rate (CAGR) of 7.11%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global termite control market size is expected to reach $6.65 billion in 2027 at a CAGR of 6.52%.
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Product innovations are the key trend gaining popularity in the termite control market. Major companies operating in the termite control market are focusing on integrating new technologies and methodologies to improve termite control applications. For instance, in May 2020, BASF SE a Germany-based chemical company launched Trelona advanced termite baiting system. The new technology increases efficiency by using a special, extremely strong active component and simple-to-install and-monitor bait stations. Trelona ATBS allows pest control professionals unprecedented levels of freedom in selecting the best termite defense.
The termite control market is segmented:
1) By Type: Chemical Termite Control, Physical And Mechanical Termite Control, Biological Termite Control
2) By Species Type: Dampwood Termites, Subterranean Termites, Drywood Termites, Other Species Types
3) By Application: Commercial And Industrial Sector, Residential Sector, Agriculture And Livestock Farms, Other Applications
North America was the largest region in the termite control market in 2022.
The table of contents in TBRC’s termite control market report includes:
1. Executive Summary
2. Termite Control Market Characteristics
3. Termite Control Market Trends And Strategies
4. Termite Control Market – Macro Economic Scenario
5. Termite Control Market Size And Growth
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26. Africa Termite Control Market
27. Termite Control Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Termite Control Market
29. Termite Control Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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