Termite Control Market - Size, Trends, and Forecast till 2025
Termites mainly feed on cellulose and dead plant material that are usually in the form of leaf litter, wood, and soil. Termites damage buildings, food crops, wooden materials, and others. Various chemical, biological, physical and mechanical methods are being used to control termite infestation. Supportive government initiatives is a major factor fueling growth of termite control market. For instance, the Environmental Protection Agency (EPA) in the U.S. encourages termite prevention through various awareness programs and has implemented stringent standards for registration and use of termite control products. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/1019
The subterranean termites segment accounted for the largest market share in 2016, owing to high concentration of these termites. A single colony contains as many as over two million termites, which makes the subterranean termites the most destructive termite species. Chemical control method is most widely used in controlling termite infestation. This is owing to rapid and effective elimination abilities of chemical compounds used against termites. Pyrethroids is the most preferred pesticide along with chemicals such as chlorinated hydrocarbons, phenylpyrazole, chloronicotinyls, borates, trifluoromethyl aminohydrazones, and pyrroles used in this method. In terms of revenue, Asia Pacific is expected to be the fastest growing region in global termite control market, owing to increasing awareness related to termite damage. Significant growth of tourism industry is fuelling the demand for hygienic stays in hospitality sector, which in turn aids growth of termite control market in the region. However, various governments regulations for use of certain pesticides and limitations in access or ban of certain toxic pesticides is expected to hinder growth of the market. For instance, in Japan, heptachlor and chlordane are restricted for use in termite control, owing to its harmful effects on human health and environment. Such restrictions increase demand for biotermiticides, derived from bacteria or fungi that have less environmental impact. North America accounted for a revenue share of 35.58% in 2016, in global termite control market. Development of novel technologies for controlling termite infestation is a major factor influencing growth of the termite control market. One such technological innovation