HOME INSECTICIDE MARKET ANALYSIS

Home Insecticide MarketSize and Trends

Home Insecticides Market outlook:

• Rising population, urbanization, and increased health consciousness are the major driving factors in Asia pacific market. The sale of home insecticides in the form of coils are a major trigger to the home insecticide market in this region, due to the low income consumers demanding more of coil form of home insecticides. India, Philippines, and Indonesia are the major users of home insecticides in this region.
• North American home insecticides is expected to augment market growth mainly due to the Environmental Protection Council (EPA), which has banned chlorpyrifos in 2017, which was a major insecticide in the region. Moreover, Environmental Protection council has also made the consumption and production of insecticides mandatory in the region.
• Certain insects in Europe are seasonal, owing to which the demand for home insecticides is seasonal in Europe. Moreover, the European Union’s anti- insecticide regulation and the banning of neonicotinoids in 2013, the world’s most widely used insecticide is enabling the market to a stagnant growth.