Global Vector Control Market, By Vector Type (Insects, Rodents, Others), Method of Control (Chemical Methods, Physical and Mechanical Control Methods, Biological Control Methods, Other Control Methods), End-Use Sector (Commercial and Industrial, Residential), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029.
Market Analysis and Insights of Vector Control Market
Vector control market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market is expected to reach up to USD 26.21 billion by 2029 to grow at a CAGR of 5.80% in the above-mentioned forecast period.
Vector control basically refers to any method of regulating or killing rodents, birds, insects, or other arthropods that are generally responsible for the spread of the pathogenic diseases. Mosquito control is one of the most common type of vector control, and it can be done in a variety of ways. There are three types of the vector control such as the insects, rodents and others, which are widely used across the end use industries such as the commercial and industrial, and residential.
The growth determinants such as increasing occurrences of vector borne diseases along with the rising number of initiatives by government as well as private organizations for the promotion of vector control methods emerge as the major significant determinants which are fostering the overall growth of the vector control market. In addition to this, the easy availability of chemical based control products which offer high efficiency and ease of application are further estimated to cushion the growth of the vector control market. Additionally, the need to prevent diseases such as the spread of vector-borne diseases such as malaria, Zika virus disease, or yellow fever is also projected to accelerate the market’s growth in the forecast period of 2022 to 2029. On the other hand, the factors such as the lack of funds and lengthy approval procedure which impedes the growth of the vector control market in the above-mentioned forecast period. Moreover, the rising environmental hazards is also projected to hamper the overall growth of the vector control market.
Furthermore, the rising number of technological advancements across the agricultural sector will create lucrative opportunities for the growth of the vector control market. On the flip side, the factors such as the growing need of the effective biological methods along with development of insecticides resistance are projected to challenge the market within the forecast period.
This vector control market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Vector control market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vector Control Market Scope and Market Size
The vector control market is segmented on the basis of vector type, method of control and end-use sector. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of vector type, the vector control market is segmented into insects, rodents and others.
- On the basis of method of control, the vector control market is segmented into chemical methods, physical and mechanical control methods, biological control methods, and other control methods. Chemical methods have been further segmented into pyrethroids, fipronil, organophosphates, larvicides, and other chemical methods. Pyrethroids have been further sub segmented into permethrin, deltamethrin, cypermethrin, and lambda-cyhalothrin. Organophosphates have been further sub segmented into malathion, temephos, and chlorpyrifos. Larvicides has been further sub segmented as pyriproxyfen. Biological control methods have been further segmented into microbials, predators, and botanicals.
- On the basis of the end-use sector, the vector control market is segmented into commercial and industrial, and residential.
Vector Control Market Country Level Analysis
The vector control market is analyses and market size, volume information is provided by vector type, method of control and end-use sector as referenced above.
The countries covered in the vector control market report are U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa.
North America dominates the vector control market due to the rising number of environmental concern regarding the usage of insecticides within the region. Asia-Pacific on the other hand, is expected to show lucrative growth owing to the rising standard of living of the people in the region in the forecast period of 2022 to 2029.
The country section of the vector control market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vector Control Market Share Analysis
The vector control market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vector control market.
Some of the major players operating in the vector control market report are BASF SE, Bayer AG, Syngenta, Rentokil Initial plc, FMC Corporation, Ecolab, Rollins, Inc., The Terminix International Company LP., Arrow Exterminators, MASSEY SERVICES, INC., Sumitomo Chemical Co., Ltd., ADAMA, Anticimex., Ensystex., MARIN/SONOMA MOSQUITO AND VECTOR CONTROL DISTRICT, Liphatech, Inc., and PelGar International among others.
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