Product Code: CMI1019
Termites are insects that are commonly known as white ants. They form highly organized colonies of several hundred thousand to million termites and mostly feast upon wood and damage it from the inside out. Despite the fact that termites do not transmit diseases to people, prolonged exposure to a termite-infested area can result in allergic reactions and asthma attacks.
Market Dynamics
Rising demand for biological control methods using biotermiticides is expected to fuel market growth of termite control over the forecast period. In addition to this, increasing awareness regarding the adverse effects of termites is propelling the global demand for termite control services. Furthermore, growing demand for a hygienic stay in the hospitality sector from tourists and stringent good manufacturing practices (GMP), ensuring zero tolerance to pests in the pharmaceutical sector, are some of the key factors largely contributing to the overall growth of this market.
North America was the dominant region in the global termite control market in 2022 owing to the high demand for termite control services in commercial and industrial applications. In addition to this wood is extensively used in the construction of residential and non-residential buildings in North America, as it is cost-effective, has seismic resistance properties, and aids in faster construction. This in turn supports the growth of the termite control market in the region as termites mostly feast upon the wood.
Asia Pacific is expected to project the fastest growth in the global termite control market over the forecast period, witnessing the highest CAGR among all. In addition to this, growing tourism in the region is fuelling the demand for hygienic stays in the hospitality sector among tourists. This factor is largely propelling the demand for termite services in the region.
Key features of the study:
- This report provides in-depth analysis of the termite control market, market size (US$ MN), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023 - 2030).
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
- It profiles leading players in the global termite control market based on the following parameters-company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
- The global termite control market report caters to various stakeholders in this industry, including investors, product developers, distributors, research institutes, new entrants, and financial analysts.
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the termite control market.
- Major players operating in the global termite control market include BASF SE, Bayer AG, The DOW Chemical Company, Sumitomo Chemical Co., Ltd. , FMC Corporation , United Phosphorus Ltd , Nufarm Limited , Nippon Soda Co. Ltd , Rentokil Initial PLC , Adama Agricultural Solutions Ltd., and Ensystex.
Detailed Segmentation:
- Global Termite Control Market, By Species Type:
- Drywood Termites
- Dampwood Termites
- Subterranean Termites
- Formosan Termites
- Others
- Global Termite Control Market, By Control Method:
- Physical & Mechanical Control Methods
- Termite Barriers
- Pitfall
- Bait Technology
- Chemical Control Methods
- Chlorinated Hydrocarbons
- Synthetic Pyrethroids
- Chloronicotinyl
- Phenylpyrazole
- Organophosphates
- Others
- Biological Control Methods
- Botanicals
- Plant Extracts
- Root
- Leaf
- Fruits and Seed
- Wood Extracts
- Essential Oil
- Resin
- Microbials
- Fungal Control
- Bacterial Control
- Nematode Control
- Others
- Global Termite Control Market, By Application:
- Residential
- Commercial & Industrial
- Agriculture & Livestock Farms
- Others
- Global Termite Control Market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- North Africa
- Central Africa
- South Africa
- Middle East
- GCC
- Israel
- Rest of Middle East
- Company Profiles
- BASF SE*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Bayer AG
- The Dow Chemical Company
- Sumitomo Chemical Co. Ltd.
- FMC Corporation
- United Phosphorus Ltd.
- Nufarm Ltd.
- Nippon Soda Co. Ltd.
- Rentokil Initial Plc.
- Adama Agricultural Solutions Ltd.
- Ensystex
"*" marked represents similar segmentation in other categories in the respective section.
Table of Contents
1. Research Objective and assumption
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Species Type
- Market Snippet By Control Method
- Market Snippet By Applications
- Market Snippet By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Epidemiology/Prevalence/Incidence
- Merger and Acquisitions
- New Product Approvals/Launch
- Promotion and Marketing Initiatives
- Cost Tier Down Analysis
4. Global Termite Control Market, By Species Type, 2017-2030 (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
- Drywood Termites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Subterranean Termites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Damp wood Termites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Formosan Termites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
5. Global Termite Control Market, By Control Method, 2017-2030 (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
- Physical & Mechanical Control Methods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Sub-segments
- Termite Barriers
- Pitfall
- Bait Technology
- Biological Control Method
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Sub-segment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Sub- Sub segment
- Plant Extracts
- Wood Extracts
- Essential Oil
- Resin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Sub-Sub segment
- Fungal Control
- Bacterial Control
- Nematode Control
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Chemical Control Method
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Sub-segments
- Chlorinated Hydrocarbons
- Synthetic Pyrethroids
- Choloronicotinyl
- Phenylpyrazole
- Organophosphates
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
6. Global Termite Control Market, By Application, 2017-2030 (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Agricultural & Livestock Farms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Commercial & Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
7. Global Termite Control Market, By Regions, 2017-2030 (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017-2030
- North America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- U.S.
- Canada
- Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- U.K.
- Country Trends
- Market Size and Forecast, By Species Type, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Control Method, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
- Germany
- Italy
- France
- Russia
- Spain
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- China
- Country Trends
- Market Size and Forecast, By Species Type, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Control Method, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- Brazil
- Country Trends
- Market Size and Forecast, By Species Type, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Control Method, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017-2030
- Northern Africa
- Country Trends
- Market Size and Forecast, By Species Type, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Control Method, 2017-2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
- Central Africa
- South Africa
8. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Bayer AG
- The DOW Chemical Company
- Sumitomo Chemical Co., Ltd.
- FMC Corporation
- United Phosphorus Limited
- Nufarm Limited
- Nippon Soda Co. Ltd.
- Rentokil Initial PLC
- Adama Agricultural Solutions Ltd.
- Ensystex
- Analyst Views
9. Section
- References
- Research Methodology
- About us and Sales Contact