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The global rodent control industry is driven by the rising trend of chemical controllers that are strong enough to prevent and manage the rodent prevalence in residential areas that are not manageable through another rodent controller available in the market. The demand for chemical-based controllers is expanding in the Asia Pacific, especially in countries like China and India. However, the rodent control industry is most prevalent in North America and is growing even further.
The global rodent control industry is being propelled by an increase in concern about health and economic losses caused by rodents in residential and commercial areas. The presence of rodents in industrial areas results in inventory damage, product quality degradation, and risks to factory personnel safety. Losses caused by the presence of various rodent species have an impact on the production and storage of a variety of items, particularly foodstuffs. Furthermore, the harm created at industrial sites is irrevocable, making it highly costly. As a result, rodent management is strictly enforced at industrial locations to avert damage. These reasons are expected to propel the global rodent control industry forward.
The most prominent manufacturers in the rodent control industry include BASF SE (OTCMTKS: BASFY) and ECOLAB Inc (NYSE: ECL), among others. BASF SE, in November 2020, released Selontra®, a novel rodenticide bait with various distinct benefits for professional users. The active ingredient in the product is cholecalciferol, have a different method of action than the commonly used anticoagulant rodenticides. Selontra® will assist professional users in controlling rodent infestations significantly more quickly than current treatments.
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The major players in the global market for rodent control are BASF SE, Anticimex, Ecolab Inc., NEOGEN Corporation, PelGar International, and Rentokil Initial plc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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