The global Termite Control Market size is segmented by species type, by control method, by application, and by geography.

Termite Control Market

Termites eat cellulose and dead plant matter, which can be found in the form of leaf litter, wood, and soil. Termites wreak havoc on structures, food crops, and wooden materials, among other things. Termite infestations are controlled using a variety of chemical, biological, physical, and mechanical approaches. Supportive government measures are a primary driver of the termite control market's expansion. For example, in the United States, the Environmental Protection Agency (EPA) advocates termite avoidance through numerous awareness initiatives and has imposed strict regulations for termite control product registration and use.

Because of the high concentration of these Termite Control Market, the subterranean termite segment had the largest market share in 2016. A single colony includes as many as over two million termites, which makes the subterranean termites the most destructive termite species. The chemical control method is most widely used in controlling termite infestation. This is due to the chemical chemicals employed to combat termites' ability to eliminate them quickly and effectively. Pyrethroids, as well as chlorinated hydrocarbons, phenylpyrazole, chloronicotinyls, borates, trifluoromethyl aminohydrazones, and pyrroles, are the most commonly employed pesticides in this manner.

With a Termite Control Market value of US$ 1,165.79 million in 2016, North America dominated the global termite control industry. The growing demand for termite control solutions from commercial and industrial sectors such as foodservice and food processing is a prominent factor driving the market in the region forward. The Pest Management Regulatory Agency of Health Canada (PMRA) oversees the implementation of the Pest Control Products Act (PCPA) in a variety of areas, including the Food Residue Exposure Assessment Section (FREAS), which assesses cases where these services may have an adverse effect on human health as a result of contact with field crops, meat and dairy products, and processed foods.

The Global Termite Control Market's Major Players

To maintain their long-term viability in Termite Control Market, key players are pursuing various tactics such as mergers and acquisitions, joint ventures, partnerships, and product innovations. Bugmaster Exterminators, a U.S.-based company that specializes in commercial and residential termite management, was bought by Arrow Exterminating Company, Inc. in 2017 to expand its footprint in the residential and commercial sectors by delivering a full spectrum of services.

BASF SE, Bayer AG, The DOW Chemical Company, Sumitomo Chemical Co., Ltd., FMC Corporation, United Phosphorus Ltd, Nufarm Limited, Nippon Soda Co. Ltd, Rentokil Initial PLC, Adama Agricultural Solutions Ltd., and Ensystex are some of the major competitors in the worldwide termite control industry.

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