Uploaded on Apr 22, 2021
Termite Control Market leading manufacturers with latest trends forecast to 2027
Termite Control
Termite Control Market leading manufacturers with latest trends forecast to 2027
Market Overview
Termites mainly feed on cellulose and dead plant material that are usually in the form of leaf litter,
wood, and soil. Termites damage buildings, food crops, wooden materials, and others. Various
chemical, biological, physical and mechanical methods are being used to control termite infestation.
Supportive government initiatives is a major factor fueling growth of termite control market. For
instance, the Environmental Protection Agency (EPA) in the U.S. encourages termite prevention
through various awareness programs and has implemented stringent standards for registration and
use of termite control products.
The subterranean termites segment accounted for the largest market share in 2016, owing to high
concentration of these termites. A single colony contains as many as over two million termites,
which makes the subterranean termites the most destructive termite species. Chemical control
method is most widely used in controlling termite infestation. This is owing to rapid and effective
elimination abilities of chemical compounds used against termites. Pyrethroids is the most preferred
pesticide along with chemicals such as chlorinated hydrocarbons, phenylpyrazole, chloronicotinyls,
borates, trifluoromethyl aminohydrazones, and pyrroles used in this method.
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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 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 overall growth of this
market.
North America was the dominant region in the termite control market in 2016 owing to 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 supporting the growth of the termite control market in the region as termites mostly feast
upon wood.
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
Some of the key players in global termite control market are 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.
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