Insect Pest Control Market Segment Analysis – By Geography: North America region dominated the insect pest control market in terms of revenue with a share of 55% in 2021 and is projected to dominate the market during the forecast period (2022-2027). The growing demand for biopesticide among the residential owners for a safe and quality environment influences pest control and termite prevention services to install sustainable products, and accelerate the market growth in the coming years. Insect Pest Control Market Segment Analysis - By End-Use Industry: Residential building sector held the largest share with 50% in the insect pest control market in 2021 and is anticipated to grow at a CAGR of 4.6% during the forecast period 2022-2027. Liquid formulations are generally mixed with water, but in some cases, labels may permit the use of crop oil, diesel fuel, kerosene, or some other light oil as a carrier. Insect Pest Control Market Segment Analysis – By Formulation: Liquid formulation segment held the largest share in 2021 and is expected to grow at a CAGR of 5.6% by 2027. Interested in knowing more relevant information? Click here: The first produces a broad mist spray for broad coverage to kill flying insects, while the second provides a narrow, concentrated jet for quick target. There are two ways to utilise the device. For illustration, Reckitt debuted their unique Dupla Proteço aerosol insecticide under the SBP brand in Brazil in June 2021, bringing the really disruptive aerosol product to market. Increasing demand for novel biological-based pesticide treatments has resulted in the expansion of the insect pest control industry. ![]() For instance, in 2021, after much evaluation of the declining number of COVID-19 cases in Taiwan, contractors in northern Taiwan launched NT$150 billion (US$5.39 billion) of presale and newly completed housing projects for the fall season. One of the key drivers driving the market is increasing product launches, as well as the rising growth of the residential building sector in developing nations, such as India, China, and Taiwan. Similarly, in February 2020, Rollins Inc., announced that its subsidiary, Clark Pest Control of Stockton, Inc., had completed the purchase of Second Clark Pest Control, Inc., based in Bakersfield, CA to expand its business in pest control. It is the leading pest management company in California and the nation's 8th largest pest management company according to PCT 100 rankings. Clark is a family-owned company established by Charlie Clark in 1950 and is headquartered in Lodi, CA. completed the purchase of Clark Pest Control of Stockton, Inc. For instance, in April 2019, Rollins, Inc. In recent years, the increasing acquisitions of pest control service providers by major players in the North America region has uplifted the growth of the market. This IndustryARC report on the insect pest control market highlights the following areas. Click here to browse the complete report summary: The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more. Additionally, owing to an increase in demand for sustainable and environmentally friendly solutions the insect pest control industry is predicted to boost during the forecast period. ![]() Neurotoxic pesticides, such as neonicotinoids, are used to control insects, leaving residues in the environment. The market for insect pest control is being driven due to the increasing concern for household hygiene in order to establish healthy living conditions. HYDERABAD, TELANGANA, INDIA, Octo/ / - IndustryARC, in its latest report, predicts that the insect pest control market size is forecast to reach US$22,078.2 million by 2027, after growing at a CAGR of 5.2% during 2022-2027. Owing to an increase in demand for sustainable and environmentally friendly solutions predicted to boost the insect pest control market. ![]() Market Research Reports, Business Consulting Services & Analytics Insect Pest Control Market Size Expected to Reach US$22,078.2 Million with CAGR of 5.2% by 2027 – IndustryARC
0 Comments
Leave a Reply. |