Some highlights from the report include:
“Commercial & industrial segment dominated the insect pest control market”
The profound need for professional pest control solutions has been significant among customers in this sector especially for food manufacturing and hospitality sectors in urban areas, to maintain a hygienic environment for the control of cockroaches, bedbugs, flies, and mosquitoes.
“Biological control is projected be the fastest-growing control method during the forecast period”
The growing decline in chemical products in terms of effectiveness towards pests slowly shifted the focus on microbial products such as Bacillus thuringiensis and microbial extracts, which have been proved to be effective on the insect vectors without much development of insecticide resistance.
“Termite control accounted for the largest market share among different pest cases, in 2015”
Termite control products and services have been sought mostly by both residential and industrial sectors in regions such as North America and Asia-Pacific, which has resulted in its strong demand.
“North America: The largest market for insect pest control products and services”
North America accounted for the largest market share in 2015 due to its significant growing demand in both commercial and residential applications. Asia-Pacific is projected to be the fastest-growing region from 2016 to 2022 due to the stringent need for commercial establishments and industrial sectors (such as food processing, food service industries, and tourism sectors) to comply with pest control regulations within their premises.
Leading players profiled in this report are as follows:
• BASF SE (Germany)
• FMC Corporation (U.S.)
• Syngenta AG (Switzerland)
• Bayer AG (Germany)
• Rentokil Initial plc. (U.K.)
• Ecolab, Inc. (U.S.)
• Bell laboratories Inc. (U.S.)
• Arrow Exterminators Inc. (U.S.)
• Rollins, Inc. (U.S.)
• The Terminix International Company LP (U.S.).