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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Termite Control Market Share
The chemical segment, based on control method, accounts for a healthy share of the market for termite control as using chemicals for termite eradication is a fast, reliable, and efficient way to control termites. The low cost, easy applicability, and availability of high-quality chemicals, such as chlorpyrifos, lindane, and boric acid, are enhancing their usage across the residential and agricultural sector, leading to a higher growth of this segment.
Based on region, North America is likely to emerge as a crucial area in the global market for termite control in the forecast period, due to the prevalent usage of wood as a building material for houses and buildings, resulting in greater importance of termite control. Increasing awareness across countries such as the United States and Canada, pertaining to the spread of pests and potential damage caused by termites, is fuelling the demand for termite control.
Termite Control Market Report Snapshots
Termite Control Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of USD 4.51 billion in 2023.
The market is estimated to grow at a CAGR of 5.60% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 7.34 billion by 2032.
Increasing prevalence termite infestations, widespread usage of woods resulting in greater importance of termite control, and rapid increase in construction activities across emerging economies are the major drivers of the market.
The key termite control market trends include the employment of advanced technologies in termite control processes, efforts being made by leading market players to develop eco-friendly termite control products, and emergence of customised termite control services.
Dampwood termites, subterranean termites, and drywood termites, among others, are the different species types in the market for termite control.
Chemical, physical and mechanical, and biological, among others, are the major control methods of termite control in the market.
BASF SE, Syngenta AG, Corteva Agriscience, Sumitomo Chemical Co., Ltd., FMC Corporation, UPL Limited, ADAMA Agricultural Solutions Limited, Nufarm, and Ensystex, Inc, among others, are the key market players, according to the report.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124