Rodenticides Market, By Type (Non-Anticoagulants, Anticoagulants), By Application (Pellets, Sprays,

Published Date: | Report Code : FA2059121

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Rodenticides Market, By Type (Non-Anticoagulants, Anticoagulants), By Application (Pellets, Sprays, Powders), By End User (Agriculture, Warehouses, Urban Centers, Others), By Region (North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & forecasting (2016-2028)

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Report Code : FA2059121

Status : Published

The Global Rodenticides Market is expected to grow from USD 3.80 billion in 2019, to reach USD 5.46 billion by 2028, growing at a CAGR of 4.1% during the forecast period. The increasing population around the world spurring the demand for processed food combined with increased locust and insect attack on crops is responsible to propel the rodenticides market during the forecast period.

Rodenticides Market

Rodenticides Market

Rodenticides are the chemical or biological agents that help to destroy, kill, or repel rodents. These are usually formulated with food baits so as to attract rodents towards the formulation. Huge losses in agricultural fields, grain storage, and warehouses have been reported from rodent attacks. Hence, control of the rodent population has been critical in recent years. While acceptance of rodenticides has the potential for advancement across the globe, the toxicity of these chemicals has been a serious problem, due to which the guidelines for rodenticide use across developed countries have been stringent. While acceptance of rodenticides has the potential for advancement across the globe, the toxicity of these chemicals has been a serious problem, due to which the guidelines for rodenticide use across developed countries have been stringent.

The rodenticides market is segmented into non-anticoagulants and anticoagulants depending on the type. Between 2016 and 2028, the segment for anticoagulant rodenticides is expected to report the biggest market share. Anticoagulant rodenticides in single or multiple concentrations are deadly doses and can kill the rodents instantly. These rodenticides prevent the vitamin K cycle's process, leading to the failure in the secretion of fluid clotting factors — prothrombin and proconvertin; this contributes to the animal's inner burning and mortality. Anticoagulants behave comparatively slowly in comparison to most severe rodenticides.

Rodenticides Market

Rodenticides Market

The significant reason for greater rodenticidal acceptance in urban centers is controlling the growing rodent population, which found a very secure refuge in housing and industrial environments. The residential areas give abundant nourishment to rodents and hence are extremely prone to infestations of rodents. Not only do they eat the food, but they also contaminate food, which creates people's hygiene and wellness problems. Rats are the vectors of approximately 60 communicable diseases.  In addition, they trigger environmental harm to commercial buildings, which can cost the holders a number of financial damages. Rodenticides, therefore, perform a vital part in getting rid of urban center rodents.
The rodenticides market is segmented into pellets, sprays, and powders based on the type of application. Pellets are the components generally produced by primary material compression. Rodenticides are used with baits in the shape of pellets to attract rodents. These pellets are accessible in different types, such as grains and wax bricks, which are simple to cover with baits.

The demand for rodenticides in North America is expected to be the biggest between 2016 and 2028, while the Asia Pacific rodenticides market is expected to develop at the highest pace in the same period. Boosting the housing industry and a continually improving economy has pushed the overall demand for pest control, which in turn has also stimulated the demand for rodenticides. Among all pests in the US, rodents pose a major problem. There were about 2 million rodents in New York City in 2014, according to the Washington Post Company LLC (US). Nearly 667,000 new single-family homes were sold in February 2019, compared with 588,000 new single-family homes in December 2018, according to the US Census Bureau and the US Department of Housing and Urban Development. As a result, the requirement for rodent protection products and facilities is also expected to boost during the forecast period with the growing amount of new buildings. The Middle East is still an emergent player with regards to the rodenticides market. 
 
Key Factors Impacting the Growth of Rodenticides Market:
    • Increasing demand for processed food across the globe.
    • Increasing amount of construction of new houses worldwide.
    • Increasing concerns about the toxicity of rodenticides.

Key Developments in the Rodenticides Market:

  • Turner Pest Control (US), a Jacksonville-based Anticimex corporation, purchased Brandon Pest Control (US) in January 2019.
  • Brandon Pest Control (US) is a USD 8 million corporation dealing with the delivery of pest control services.
  • BASF (US) introduced Selontra rodent bait in April 2018, a gentle bait formula. This is a rodenticide based on cholecalciferol that enables rodent management experts.

What Does This Report Provide? 
This report provides a detailed understanding of the global rodenticides market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the rodenticides market.

Years Considered In The Study

Rodenticides Market

Market Segmentation:
By Type:
    • Non-Anticoagulants
    • Anticoagulants

By Application:
    • Pellets
    • Sprays
    • Powders

By End User:
    • Agriculture
    • Warehouses
    • Urban Centers
    • Others

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Application
        ◦ By End User 
    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By Application
        ◦ By End User 
    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By Application
        ◦ By End User 
    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
        ◦ By Type
        ◦ By Application
        ◦ By End User 
    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
        ◦ By Type
        ◦ By Application
        ◦ By End User 
    • Rest of the World
        ◦ By Region (South America, Africa)
        ◦ By Type
        ◦ By Application
        ◦ By End User 

Companies Covered: Major Companies profiled in the report which are key players in the global rodenticides market are BASF SE, Bayer Corp., Syngenta, UPL, Liphatech Inc., JT Eaton, Neogen Corporation, Pelgar International, Senestech Inc., Bell Laboratories, and Impex Europa, Rentokil Initial Plc, Terminix, Ecolab, Anticimex, Rollins, Truly Nolen, and Abell Pest Control...

Reasons to Buy This Report:
    • Market size estimation of the global rodenticides market on regional and global basis. 
    • Unique research design for market size estimation and forecast. 
    • Profiling of major companies operating in the rodenticides market with key developments.
    • Broad scope to cover all the possible segments helping every stakeholder in the rodenticides market.

Customization:
We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
For more information, contact: [email protected]

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