Sep 18, 2019   SOURCE: BusinessWire

Household Insecticides Market to be Valued at $17.26 Billion by 2024 - Advancement in Insecticides Release Technologies Promote Growth - ResearchAndMarkets.com

The "Household Insecticides Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.

The household insecticide market was valued at US$12.542 billion in 2018 and is projected to expand at a CAGR of 5.47% over the forecast period to reach US$17.264 billion by 2024.

Rising concerns about the risks associated with vector-borne diseases is expected to fuel the growth of household insecticides market. Governments in several nations have taken up initiatives encouraging the use of household insecticides for protection against diseases. Advancement in insecticide-release technology such as sprays, gels and aerosols is also a driver for market growth.

Adverse effect on human health due to overexposure to insecticides is a restraint for market growth. Insects develop resistance against the insecticides on prolonged exposure which is expected to be a hurdle for market growth.

By form, cream & gel segment is expected to have a significant growth due to the ease of usage. Based on insect type, mosquito segment is expected to have significant market share due to the rise in cases of diseases caused due to mosquito bites. The Asia Pacific region is expected to have a significant market growth due to increased threat from vector-borne diseases.

Drivers

  • Increase in incidence of vector-borne diseases
  • Government initiatives promoting the use of insecticides in households
  • Advancement in insecticides release technologies

Restraints

  • Adverse effect on human health due to overexposure
  • Increase in resistance of vectors to insecticides

Industry Update

  • In April 2019, new insecticide developed by Sumitomo chemical and IVCC moved into the next evaluation phase

Key Topics Covered

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope Of The Study

1.4. Currency

1.5. Assumptions

1.6. Base, And Forecast Years Timeline

2. Research Methodology

2.1. Research Design

2.2. Secondary Sources

3. Executive Summary

4. Market Dynamics

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter's Five Forces Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. Household Insecticides Market By Product Form

5.1. Liquid

5.2. Aerosol Spray

5.3. Cream & Gel

5.4. Others

6. Household Insecticides Market By Insect Type

6.1. Mosquitoes & Flies

6.2. Termites

6.3. Bedbugs & Beetles

6.4. Others

7. Household Insecticides Market By Chemical Type

7.1. Synthetic

7.2. Natural

8. Household Insecticides Market By Geography

8.1. North America

8.1.1. USA

8.1.2. Canada

8.1.3. Mexico

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.2.3. Others

8.3. Europe

8.3.1. Germany

8.3.2. France

8.3.3. United Kingdom

8.3.4. Spain

8.3.5. Others

8.4. Middle East And Africa

8.4.1. Saudi Arabia

8.4.2. Israel

8.4.3. Others

8.5. Asia Pacific

8.5.1. China

8.5.2. Japan

8.5.3. South Korea

8.5.4. India

8.5.5. Others

9. Competitive Intelligence

9.1. Competitive Benchmarking and Analysis

9.2. Recent Investments And Deals

9.3. Strategies of Key Players

10. Company Profiles

10.1. Amplecta AB

10.2. BASF SE

10.3. Bayer AF

10.4. Godrej Consumer Products Ltd.

10.5. SC Johnson

10.6. Spectrum Brands

10.7. Sumitomo Chemical

10.8. Reckitt Benckiser

10.9. Zapi S.p.A

For more information about this report visit https://www.researchandmarkets.com/r/m5wqwk