According to a market report by Lucintel, the future of the global insect pest control market looks promising with opportunities in the residential, commercial, and industrial markets. The global insect pest control market is expected to reach an estimated $18.8 billion by 2030 from $13.8 billion in 2024,at a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for bio pesticide among residential owners, growing demand to increase the production of agricultural crops along with improving their yields, and continuous advancement and introduction of safe products.
A more than 150-page report to understand trends, opportunity and forecast in insect pest control market to 2030 by method (chemical, mechanical, and biological), type (insects, termites, and rodents), application (residential, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, insects will remain the largest segment over the forecast period because the insects are harmful to both agriculture and non-agriculture, which is why different products and services are used to control and eradicate insects.
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In terms of region, North America is expected to witness the highest growth over the forecast period due to rising number of residential and commercial spaces, as well as gradual economic development in this region.
FMC Corporation, Bayer, Syngenta, China National Agrochemical Company, BASF, Ecolab, Rollins, Curtis Gilmour, ADAMA Agricultural Solution, Sumitomo Chemical are the major suppliers in the insect pest control market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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