The termite control market is expected to reach $ 4.12 billion in sales by 2022

The global termite control market is estimated at $ 3.13 billion in 2017 and is expected to reach $ 4.12 billion by 2022, with a CAGR of 5.6% over the forecast period.

Termites feed primarily on cellulose and dead plant matter, which is usually in the form of leaves, wood, and soil. Termites damage buildings, food crops, wood materials, and others. Various chemical, biological, physical and mechanical methods are used to combat termite infestation. Supportive government initiatives are an important factor in the growth of the termite control market. For example, the US Environmental Protection Agency (EPA) promotes termite prevention through various awareness programs and has introduced strict standards for the registration and use of termite control products.

The latest market research report entitled “Termite Control Market“Methodically summarizes key elements of termite control research. The report provides an in-depth study of termite control and highlights the latest growth trends and dynamics in termite control. The report is designed to help readers accurately assess current and future termite control scenarios.

Top key player in Termite control market: 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.

Regional analysis for the termite control market:

In addition to the segmental breakdown, the report is heavily divided into regional studies. Extensively conducted by the researchers, the regional analysis highlights key regions and their dominant countries that account for a significant share of sales in the Termite Control market. The study helps to understand how the market will perform in each region and also mentions the emerging regions that are growing with a significant CAGR. The regions covered in this report are listed below.

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Key highlights of the report:

  • A detailed look at the industry
  • Changing Business Trends in the Global Termite Control Market
  • A simultaneous assessment of several parameters is necessary to diagnose the occurrence of the termite control market.
  • Detailed market analysis on different levels such as type, application, end-user, regions / countries
  • Historical and forecast size of the market in terms of revenue (in MILLION USD)
  • It helps in understanding the key product segments and their future
  • Analysis of the competitive landscape and player positioning for the market

Reasons to Buy:

  • Understand Termite Control Demand To Determine Market Viability.
  • Identify the developed and emerging markets where termite control services are offered.
  • Identify the areas of challenge and address them.
  • Develop strategies based on the drivers, trends and highlights for each of the segments.
  • Evaluate the value chain to determine the workflow and to get an idea of ​​the current position where you are placed.
  • Identify the main competitors in this market and react accordingly.
  • Knowledge of the initiatives and growth strategies of large companies and decision on the direction for further growth.
  • Define the competitive position by comparing the products and services with the major players in the market.

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