TERMITE CONTROL MARKET ANALYSIS

Termite Control Market, By Species Type (Dry wood Termites, Damp wood Termites, Subterranean Termites, Formosan Termites, and Others), By Control Methods (Physical & Mechanical Control Methods, Chemical Control Methods, Biological Control Methods, and Others), By Application (Residential, Commercial & Industrial, Agriculture & Livestock Farms, and Others), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)

Published In : Mar 2023
Code : CMI1019
Pages :170
Formats :
Excel and PDF
Industry : Specialty and Fine Chemicals

Market Challenges And Opportunities

Global Termite Control Market – Growth Drivers

Supportive government initiatives

The Environmental Protection Agency in the U.S. encourages termite prevention through various awareness programs and has implemented stringent standards for the registration and use of termite control products. For instance, Pest/Vector control Industry in India, Attention on pest and vector control gained attention in recent times with larger scale economic losses and increasing debility with vector borne diseases in the country. In India, pest control market has seen exceptional growth at approximately 22% in the last few years.

Global Termite Control Market – Restraints

Toxic Pesticide products

However, various government regulations for use of certain pesticides and limitations on access or the ban of certain toxic pesticides is expected to hinder the growth of the market. For instance, in Japan, heptachlor and chlordane are restricted for use in termite control, owing to their harmful effects on human health and the environment.