Jan 25, 2023   SOURCE: BusinessWire

Insights on the Insect Pest Control Global Market to 2027 - US Market is Estimated at $3.4 Billion - ResearchAndMarkets.com

The "Insect Pest Control: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Insect Pest Control estimated at US$12.6 Billion in the year 2020, is projected to reach a revised size of US$17.4 Billion by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027.

Chemical, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$7.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Physical segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 8.3% CAGR

The Insect Pest Control market in the U.S. is estimated at US$3.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.3 Billion by the year 2027.

Biological Segment to Record 5.5% CAGR

In the global Biological segment, USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$2.7 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6% CAGR through the analysis period.

Select Competitors (Total 43 Featured) -

  • ADAMA Agricultural Solutions Ltd.
  • Arrow Exterminators
  • BASF SE
  • Bayer AG
  • China National Agrochemical Co., Ltd.
  • Curtis Gilmour
  • Ecolab
  • Ensystex
  • FMC Corporation
  • Rentokil Initial
  • Rollins, Inc.
  • Sumitomo Chemical Co., Ltd.
  • Syngenta
  • Terminix

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Insect Pest Control - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/1kdoqp-pest?w=4