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ananya5400 · 2 years

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Sustainable Growth Opportunities in the Rodenticides Market

The report "Rodenticides Market by Type (Non-anticoagulants, Anticoagulants (FGAR, SGAR)), End use (Agricultural fields, Warehouses, Residential, Commercial), Mode of application (Pellet, Spray, and Powder), Rodent type, and Region - Global Forecast to 2026", The global rodenticides market size is estimated to be valued at USD 4.9 billion in 2020 and is expected to reach a value of USD 6.6 billion by 2026, growing at a CAGR of 5.0% during the forecast period. Factors such as the displacement of rodents due to urbanization and increase in rodent population due to climatic change such as global warming drive the growth of the market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189089498

The rodenticides market includes major product manufacturers and service providers like Syngenta AG, Bayer AG, BASF SE, UPL Ltd, Rentokil Initial plc, Ecolab Inc and Rollins Inc. These companies have their manufacturing and service facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses up to some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of rodenticides. Multiple manufacturing facilities of players are still in operation. The service providers are providing rodent control services by following safety and sanitation measures.

Anticoagulant, by type, is estimated to grow at the highest rate during the forecast period

Anticoagulant rodenticides are widely used for controlling commensal rodents, which are primarily Norway rats, ship rats, and house mice. Despite the consistent decrease in ecological risk assessments, the anticoagulant segment is projected to dominate the rodenticides market due to the high demand for effective rodent-control alternatives and the lack of safe alternatives.

Pellet, by mode of application, is estimated to hold the largest share in the rodenticides market, in terms of value, in 2020

Pellets offer effective control against commensal rodents and are resistant to various environmental conditions, which makes them suitable for outdoor use. With the increase in urbanization and displacement of rats in city areas, the pellets mode of application is widely used in residential buildings, as they can easily be used with baits.

Commercial, by end-use sector, estimated to account for the largest market share, by value, in 2020

A majority of the commercial places across the European and North American countries have a mandate annual rodent control service program. Hence, the market is estimated to be dominated by the commercial segment in 2020.

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Asia Pacific is projected to grow at the highest CAGR during the forecast period

The market for rodenticides is projected to grow at the highest CAGR in the Asia Pacific region owing to the increase in awareness of the effectivity of chemical rodenticides. As the world’s largest and most populous region, Asia Pacific is one of the key markets for rodenticides. Rodents are common pests present in agricultural fields. Annually, extensive volumes of agricultural produce are destroyed and contaminated by rodents. To meet the increase in demand for food products and to reduce the crop damages caused by rodents, the use of rodenticides has increased significantly in the region. Food retail, food manufacturing, pharmaceutical, hospitality, and residential sectors are projected to be major growth verticals in this market.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the rodenticides market. It consists of the profiles of leading companies such as Bayer AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), Rentokil Initial Plc (UK), Ecolab Inc (US), Rollins Inc (US), UPL Limited (India), Anticimex (Sweden), The Terminix International Company (US), Liphatech Inc (US), Neogen Corporation (US), PelGar International (UK), Bell Laboratories Inc (US), JT Eaton (US), Truly Nolen (US), Abell Pest Control (Canada), Futura Germany (Germany), SenesTech Inc (US), Bioguard Pest Solutions (US) and Impex Europa S.L (Spain).

#Rodenticides Market

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sandlerresearch · 4 years

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Rodenticides Market by Type (Non-anticoagulants, Anticoagulants (FGAR, SGAR)), End use (Agricultural fields, Warehouses, Residential, Commercial), Mode of application (Pellet, Spray, and Powder), Rodent type, and Region - Global Forecast to 2026 published on

https://www.sandlerresearch.org/rodenticides-market-by-type-non-anticoagulants-anticoagulants-fgar-sgar-end-use-agricultural-fields-warehouses-residential-commercial-mode-of-application-pellet-spray-and-powder-rode.html

“Rising urbanizationis causing displacement of rodents which is driving the rodenticides market”.

The global rodenticides market size is estimated to be valued at USD 4.9 billion in 2020 and is projected to reach USD 6.6 billion by 2026, recording a CAGR of 5.0%. The increase in demand for rodent pest control services from the hospitality and tourism sectors is the major opportunity in rodenticides market.

The growth of this market is projected to remain high due to the growing population of rodents, an increase in urbanization, along with the rise in instances of crop losses and other economic damages caused by rodents. The rodenticides market has high growth potential in developing countries, such as the Asia Pacific region, as the economic conditions in several countries in this region are favorable. There is also an increase in the per capita income, which leads to a rise in demand for hygienic living conditions.

The recent COVID-19 pandemic is expected to impact the global rodenticides industry. The supply chain has been disrupted due as the result of government imposition of lockdown across many regions. This has reduced many stakeholders involved in supply chain from taking the products to destined place. The demand is relatively stable, but the limited supply to the distributors or retailors is stopping the product to reach out to the customers. The labour shortage and reduce supply of raw materials is a major issue due to the restrictions on the movement of people or vehicles. The pandemic of COVID-19 has resulted in the closure of restaurants and other businesses, due to which rats are being seen on the streets in the daylight, thus defying their normally nocturnal behavior. Due to these factors, the demand for rodenticides is projected to increase amidst the pandemic.

“Anticoagulants:The largest growing segment in the rodenticides market, by rodenticide type”.

Anticoagulants rodenticides accounted for the largest share in the rodenticides market in 2020. Anticoagulant active ingredients, such as bromadiolone and brodifacoum, are extensively preferred in the US for rodent control, and majorly, products formulated with these active ingredients have been approved by the regulation authority across Europe. Among the anticoagulant rodenticides, second-generation active ingredients are preferred due to their high effectivity.

“Pellet: The largest growing segment in the rodenticides market, by rodenticides mode of application”.

By mode of application, the market for rodenticides is segmented into pellet, spray and powder. Pellets are the most widely used mode of application across the globe, mainly due to ease to use with baits and its availability in different flavors, which makes it more attractive for luring rodents. In addition, the formulation of these pellets with a higher concentration is easier than other modes.

“North America: The largest-growing segment in the rodenticides market”.

In 2020, North America accounted for the largest share in the rodenticides market owing to the increasing number of product launches from major players in the market, such as Bayer AG (Germany), BASF SE (Germany), and Neogen Corporation (US). The region is projected to dominate the rodenticides market due to the increased demand in the US, as the Northeast part of the US reported high instances of rodent attacks. North America shelters more than 400 species of rodents. Norway rats, roof rats, cotton rats, and rice rats cause losses to crops, pasture, and range land forage.

Break-up of Primaries

By Manufacturer (Designation): Managers & Executives-60%, Junior-level Employees -20%,and Managing Directors-20%

By Designation : CXOs–30%,Managers – 50%, and Executives-20%

By Country: US – 20%, India – 55%, Spain – 20%, China – 5%

Research Coverage

This report segments the rodenticides market based on type, rodent type, end-use sector,mode of application, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the nematicides industry,the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.

Reasons to buy this report

To get a comprehensive overview of the rodenticides market

To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them

To gain insights about the major countries/regions, in which the rodenticides market is flourishing

#Chemicals

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habichuelascondulcelove-blog · 6 years

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ananya5400 · 3 years

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Latest Regulatory Trends Impacting the Rodenticides Market

The report “ Rodenticides Market by Type (Non-anticoagulants, Anticoagulants (FGAR, SGAR)), End use (Agricultural fields, Warehouses, Residential, Commercial), Mode of application (Pellet, Spray, and Powder), Rodent type, and Region - Global Forecast to 2026”, The global rodenticides market size is estimated to be valued at USD 4.9 billion in 2020 and is expected to reach a value of USD 6.6 billion by 2026, growing at a CAGR of 5.0% during the forecast period. Factors such as the displacement of rodents due to urbanization and increase in rodent population due to climatic change such as global warming drive the growth of the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189089498

Anticoagulant, by type, is estimated to grow at the highest rate during the forecast period

Pellet, by mode of application is estimated to hold the largest share in the rodenticides market, in terms of value, in 2020

Commercial, by end-use sector, estimated to account for the largest market share, by value, in 2020

Asia Pacific is projected to grow at the highest CAGR during the forecast period

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=189089498

#Rodenticides Market

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ananya5400 · 3 years

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Rodenticides Market Projected to Reach $6.6 billion by 2026

The report " Rodenticides Market by Type (Non-anticoagulants, Anticoagulants (FGAR, SGAR)), End use (Agricultural fields, Warehouses, Residential, Commercial), Mode of application (Pellet, Spray, and Powder), Rodent type, and Region - Global Forecast to 2026", The global rodenticides market size is estimated to be valued at USD 4.9 billion in 2020 and is expected to reach a value of USD 6.6 billion by 2026, growing at a CAGR of 5.0% during the forecast period. Factors such as the displacement of rodents due to urbanization and increase in rodent population due to climatic change such as global warming drive the growth of the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189089498

Anticoagulant, by type, is estimated to grow at the highest rate during the forecast period

Pellet, by mode of application is estimated to hold the largest share in the rodenticides market, in terms of value, in 2020

Commercial, by end-use sector, estimated to account for the largest market share, by value, in 2020

Asia Pacific is projected to grow at the highest CAGR during the forecast period

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=189089498

#Rodenticides Market

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