Insect Pest Control Market worth $15.8 billion by 2026

CHICAGO, September 13, 2021 / PRNewswire / – According to new market research report, Insect Pest Control Market by Insect Type (Termites, Cockroaches, Bedbugs, Mosquitoes, Flies, and Ants), Control Method (Chemical, Biological, and Physical), Application, Form (Dry & Liquid), and Region – Global Forecast to 2026, “published by MarketsandMarkets ™, estimates the global insect pest control market size at $ 12.3 billion in 2021 and expected to be achieved $ 15.8 billion until 2026 with a CAGR of 5.1% in the forecast period.

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The change in climatic conditions is a major factor that has contributed to the growth of the pest control market. This is attributed to global warming, which leads to changes in the population dynamics of insects and their ecosystems, as they are mostly found in warmer climates. At the same time, the application methods have become easier and safer to use thanks to larvicides, residual sprays, ultra-low-volume sprays and baits. This is expected to be a major driver of the pest control market growth.

For the residential segment, significant growth is forecast for each application in the forecast period.

The control of insect pests has wide application in the industrial and commercial segments, in residential areas and in livestock. The residential segment mainly needs pest control services to contain cockroaches, bed bugs, mosquitoes and termites. Insect pest control is recommended for localized areas and home applications. Baits are also used for indoor and outdoor applications in residential areas.

Search through the extensive tables of contents for the “Insect Pest Control Market”

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The North America region dominates the pest control market with the largest share in 2021.

Growing industries, trading centers, residential communities and ranching have been instrumental in driving the growth of the pest control market in. contributed North America. The increasing growth of termites, cockroaches, mosquitoes, ants, flies and bedbugs is another factor that should drive demand for the pest control market. Due to strict rules and regulations and an increase in health conscious consumers, this has led to increased use of pest control services and created a market opportunity for the pest control market.

The chemical control method dominates the pest control market with the largest share in 2021.

Regarding the control method, the market is divided into different methods, namely chemical, physical and biological. Chemical control methods include chemicals of various classes such as chlorinated hydrocarbons, carbamates, organophosphates, pyrethroids, pyrroles, and neonicotinoids. These control methods are preferred worldwide because of their instant results, availability, longer duration, and larger area of ​​coverage.

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The mosquito segment by insect species is expected to experience the highest growth over the forecast period.

In terms of insect species, the mosquito segment is expected to grow at the highest CAGR over the forecast period. With the increase in vector diseases, end users are demanding the mosquito control services and products on the market. The most common mosquito-borne diseases include protozoan diseases such as malaria and filariae, and viruses such as dengue, encephalitis, and yellow fever, which are handicapped by humans. Mosquito-borne diseases that animals are susceptible to, including dog heartworm, West Nile Virus (WNV), and Eastern equine encephalitis (EEE), show the negative effects on animal health.

Key figures:

This report contains a study of the marketing and development strategies as well as the product portfolios of leading companies. It consists of profiles from leading companies. The main players in this market include BASF (Germany), Bayer (Germany), FMC Corporation (USA), Syngenta (Switzerland), Sumitomo Chemical Co., Ltd. (Japan) and ADAMA (Israel).

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