Pest Control Market Structure Understanding Key Players and Their Influence

Projected to grow at the highest CAGR of 6.2%, with significant contributions from emerging markets like South Korea and India.

WILMINGTON, DE, UNITED STATES, September 7, 2024 /EINPresswire.com/ -- Pest Control Market by Type (Chemical, Mechanical, Biological, Others), by Pest Type (Insects, Termites, Rodents, Others), by Application (Commercial, Residential, Agriculture, Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

- Market Size in 2022: $22.6 billion
- Estimated Market Size by 2032: $39.0 billion
- CAGR (2023-2032): 5.7%

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Key Drivers:

- Growth in pest populations
- Urbanization, climate change, and globalization
- Increasing demand for environmentally friendly solutions

Restraints:

- Health and environmental hazards from chemical pesticides

Opportunities:

- Investment in R&D for sustainable pest control methods
- Development of organic and natural pest control products

Market Segments:

- Type: Chemical pest control held the largest market share in 2022 and is expected to maintain dominance. Mechanical pest control is projected to grow at the highest CAGR of 6.0%.
- Pest Type: Insects dominated the market in 2022. Rodents are projected to grow at the highest CAGR of 6.15%.
- Application: Commercial pest control led in market share, with agriculture expected to grow at the highest CAGR of 6.2%.

Regional Insights:

- North America: Held the largest market share in 2022 and is expected to continue leading.
- Asia-Pacific: Projected to grow at the highest CAGR of 6.2%, with significant contributions from emerging markets like South Korea and India.

Leading Market Players:

- Anticimex
- BASF SE
- Bayer AG
- Cleankill Environmental Services Ltd.
- Dodson Pest Control, Inc.
- Ecolab
- FMC Corporation
- JG Pest Control
- Rollins, Inc.
- Syngenta AG

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