The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt in many end-use industries directly affected the chemical demand all around the world.
Pest Control Market Overview
Pest Control Market size was valued at USD 21.45 Billion in 2021 and is projected to reach USD 33.30 Billion by 2030, growing at a CAGR of 5.71% from 2023 to 2030.
The pest control market is mainly driven by an increase in the pest population and awareness among consumers about the health hazards caused by pests. In addition, the change in climatic conditions, which helps in the growth of pests, is boosting the demand for pest control products. Another important factor is that the rise in urbanization and industrialization is also increasing the demand for pest control products. This fact propels the growth of the pest control market. Furthermore, the implementation of strict guidelines about pest control in commercial buildings, hospitals, etc. is also increasing the demand for pest control products. Ultimately, it supports the market’s growth.
On the downside, problems in the proper application of pest control products are acting as a barrier to the growth of the market. Pest control products remain in the atmosphere, it causes health issues among people. Additionally, pest control products also remain in the soil for a long time, this is responsible for soil pollution. All these facts are hampering the growth of the pest control market.
Pest Control Market Segment Overview
The agricultural segment holds a significant share of the market due to the increasing need for the protection of crops. Agricultural pests belong to a wide range of organisms, including insects, mice, rats, mites, ticks, rodents, snails, fungi, bacteria, viruses, and other pathogens. Crops have great importance in the global economy, at that time pest control products played a vital role in crop growth. Eventually, it drives the growth of the market. Additionally, commercial and residential application segments collectively accounted for more than 50% share of the global pest control market.
Furthermore, IoT has been a trending technology that helps in the remote monitoring and control of pests. IoT devices can monitor and report pest activity in real-time and collect data that can help to improve pest control and food safety. Hence, the demand for digital pest control solutions is expected to create profitable opportunities for the pest control market in the forthcoming years.
Pest Control Regional Overview
North America is anticipated to dominate the overall market, throughout the forecast period owing to the implementation of new food safety and hygiene regulations. Also, rising awareness about diseases related to pests is expected to boost the growth of the market in this region. Likewise, Asia-Pacific has a high-growth potential for the pest control market. The emerging economies, such as China and India, have substantial cultivable land to grow crops. This further escalating demand for pest control products ultimately strengthens the market’s growth in the region.
Market Competitor overview
· IN March 2021, Bayer introduced Vynyty Citrus®, its latest biological and pheromone-based crop protection product to control pests on citrus farms. Vynyty Citrus® is an innovative device, a container with an active liquid inside. It is the first such product on the market that is formulated with pheromones and natural pyrethrum to control pests in citrus fruits. Pheromones effectively control pests by interfering with their mating behaviours, thus preventing their reproduction.
· In February 2021, FMC Corporation, a leading global agricultural sciences company, collaborated with Novozymes, the world leader in biological solutions, to research, co-develop and commercialize biological enzyme-based crop protection solutions for growers around the world.
· In February 2021, Syngenta Group acquired Valagro, a leading Biologicals company, as part of its commitment to make agriculture more climate-resilient and sustainable.
Pest Control Market, Key Players
· Rentokil Initial PLC
· BASF SE
· Ecolab Inc.
· Syngenta AG
· National Pest Control
· Orkin, LLC
· Lindsey Pest Control
· Bayer AG
· FMC Corporation
· Rollins, Inc.
· Anticimex
· Cleankill Pest Control
· Dodson Pest Control Inc.
· Eastern Pest Control
· Eco Environmental Services Ltd.
· JG Pest Control
· NBC Environment
· The Service Master Global Holdings Inc.
Pest Control Market Segmentation
Pest Control Market, By Type
· Chemical
· Mechanical
· Biological
· Other
Pest Control Market, By Pest Type
· Insects
· Termites
· Rodents
· Other
Pest Control Market, By Application
· Commercial
· Residential
· Agriculture
· Industrial
· Other
Pest Control Market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Pest Control Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Chemical
- 5.2.2. Mechanical
- 5.2.3. Biological
- 5.2.4. Other
- 5.3. Market Analysis, Insights and Forecast – By Pest Type
- 5.3.1. Insects
- 5.3.2. Termites
- 5.3.3. Rodents
- 5.3.4. Other
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Commercial
- 5.4.2. Residential
- 5.4.3. Agriculture
- 5.4.4. Industrial
- 5.4.5. Other
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Pest Control Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Chemical
- 6.2.2. Mechanical
- 6.2.3. Biological
- 6.2.4. Other
- 6.3. Market Analysis, Insights and Forecast – By Pest Type
- 6.3.1. Insects
- 6.3.2. Termites
- 6.3.3. Rodents
- 6.3.4. Other
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Commercial
- 6.4.2. Residential
- 6.4.3. Agriculture
- 6.4.4. Industrial
- 6.4.5. Other
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Pest Control Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Chemical
- 7.2.2. Mechanical
- 7.2.3. Biological
- 7.2.4. Other
- 7.3. Market Analysis, Insights and Forecast – By Pest Type
- 7.3.1. Insects
- 7.3.2. Termites
- 7.3.3. Rodents
- 7.3.4. Other
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Commercial
- 7.4.2. Residential
- 7.4.3. Agriculture
- 7.4.4. Industrial
- 7.4.5. Other
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Pest Control Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Chemical
- 8.2.2. Mechanical
- 8.2.3. Biological
- 8.2.4. Other
- 8.3. Market Analysis, Insights and Forecast – By Pest Type
- 8.3.1. Insects
- 8.3.2. Termites
- 8.3.3. Rodents
- 8.3.4. Other
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Commercial
- 8.4.2. Residential
- 8.4.3. Agriculture
- 8.4.4. Industrial
- 8.4.5. Other
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Pest Control Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Chemical
- 9.2.2. Mechanical
- 9.2.3. Biological
- 9.2.4. Other
- 9.3. Market Analysis, Insights and Forecast – By Pest Type
- 9.3.1. Insects
- 9.3.2. Termites
- 9.3.3. Rodents
- 9.3.4. Other
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Commercial
- 9.4.2. Residential
- 9.4.3. Agriculture
- 9.4.4. Industrial
- 9.4.5. Other
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Pest Control Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. Chemical
- 10.2.2. Mechanical
- 10.2.3. Biological
- 10.2.4. Other
- 10.3. Market Analysis, Insights and Forecast – By Pest Type
- 10.3.1. Insects
- 10.3.2. Termites
- 10.3.3. Rodents
- 10.3.4. Other
- 10.4. Market Analysis, Insights and Forecast – By Application
- 10.4.1. Commercial
- 10.4.2. Residential
- 10.4.3. Agriculture
- 10.4.4. Industrial
- 10.4.5. Other
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2021
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Rentokil Initial PLC
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. BASF SE
- 11.6. Ecolab Inc.
- 11.7. Syngenta AG
- 11.8. National Pest Control
- 11.9. Orkin, LLC
- 11.10. Lindsey Pest Control
- 11.11. Bayer AG
- 11.12. FMC Corporation
- 11.13. Rollins, Inc.
- 11.14. Anticimex
- 11.15. Cleankill Pest Control
- 11.16. Dodson Pest Control Inc.
- 11.17. Eastern Pest Control
- 11.18. Eco Environmental Services Ltd.
- 11.19. JG Pest Control
- 11.20. NBC Environment
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
