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Global Termite Control Market Share, Growth, Analysis, Forecast: By Species Type: Dampwood Termites, Subterranean Termites, Drywood Termites, Others; By Control Method: Chemical, Physical and Mechanical, Biological, Others; By Application: Commercial and Industrial Sector, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Termite Control Market Outlook
The global termite control market size attained a value of USD 4.27 billion in 2023. The market is further expected to grow at a CAGR of 5.60% between 2024 and 2032, to reach a value of USD 5.9 billion by 2032.
Key Trends in the Market
Termite control refers to the processes aimed at preventing and treating infestations of termites in or around various structures. Methods used for termite control can range from chemical and biological to physical and mechanical, among others. Termite control can be carried out preconstruction or postconstruction, depending upon the requirement.
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- Rapid increase in construction activities across emerging economies is leading to an increased demand for termite control services and solutions in preconstruction stages to prevent expensive termite infestations in new constructions.
- Efforts being made by leading market players to develop eco-friendly termite control products to ensure the safety of children and pets are likely to scale the termite control market growth in the forecast period.
- Employment of advanced technologies such as drones, remote monitoring, and internet of things (IoT) in termite control processes is another crucial trend in the market.
- Emergence of customised termite control services, offering tailored anti-termite solutions are expected to fuel the termite control market demand in the forecast period.
Global Termite Control Market Analysis
Based on species type, the market is segmented into dampwood termites, subterranean termites, and drywood termites, among others. The termite control market segmentation, on the basis of control method, is chemical, physical and mechanical, and biological, among others. By application, the market is categorised into commercial and industrial sector, residential sector, and agriculture and livestock farms, among others. The regional markets for termite control are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global termite control market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- BASF SE
- Syngenta AG
- Corteva Agriscience
- Sumitomo Chemical Co., Ltd.
- FMC Corporation
- UPL Limited
- ADAMA Agricultural Solutions Limited
- Nufarm
- Ensystex, Inc
- Others
Global Termite Control Market Share by Control Method
The chemical segment, based on control method, accounts for a healthy share of the market for termite control as using chemicals for termite eradication is a fast, reliable, and efficient way to control termites. The low cost, easy applicability, and availability of high-quality chemicals, such as chlorpyrifos, lindane, and boric acid, are enhancing their usage across the residential and agricultural sector, leading to a higher growth of this segment.
Global Termite Control Market Share by Region
Based on region, North America is likely to emerge as a crucial area in the global market for termite control in the forecast period, due to the prevalent usage of wood as a building material for houses and buildings, resulting in greater importance of termite control. Increasing awareness across countries such as the United States and Canada, pertaining to the spread of pests and potential damage caused by termites, is fuelling the demand for termite control.
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Competitive Landscape
BASF SE is a leading chemical company which develops and markets best-in-class insecticides, termiticides, and technologically advanced injections for termite control. The company was founded in 1865 and is headquartered in Ludwigshafen, Germany.
Syngenta AG is a renowned agrichemical company offering advanced agricultural science and technologies enabling end users to grow safe and nutritious foods. It was established in 2000 and headquartered in Basel, Switzerland.
Corteva Agriscience is a prominent agricultural chemical and seed company which offers solutions related to pest control, development of resilient farms, and crop protection. The company was founded in 2019 and is headquartered in Indiana, United States.
Other market players include Sumitomo Chemical Co., Ltd., FMC Corporation, UPL Limited, ADAMA Agricultural Solutions Limited, Nufarm, and Ensystex, Inc, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Species Type |
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| Breakup by Control Method |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Termite Control Market Analysis
8.1 Key Industry Highlights
8.2 Global Termite Control Historical Market (2018-2023)
8.3 Global Termite Control Market Forecast (2024-2032)
8.4 Global Termite Control Market by Species Type
8.4.1 Dampwood Termites
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Subterranean Termites
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Drywood Termites
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Termite Control Market by Control Method
8.5.1 Chemical
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Physical and Mechanical
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Biological
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Termite Control Market by Application
8.6.1 Commercial and Industrial Sector
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Residential Sector
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Agriculture and Livestock Farms
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Termite Control Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Termite Control Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Termite Control Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Termite Control Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Termite Control Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Termite Control Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BASF SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Syngenta AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Corteva Agriscience
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Sumitomo Chemical Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 FMC Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 UPL Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 ADAMA Agricultural Solutions Limited
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Nufarm
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Ensystex, Inc
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Termite Control Market: Key Industry Highlights, 2018 and 2032
2. Global Termite Control Historical Market: Breakup by Species Type (USD Million), 2018-2023
3. Global Termite Control Market Forecast: Breakup by Species Type (USD Million), 2024-2032
4. Global Termite Control Historical Market: Breakup by Control Method (USD Million), 2018-2023
5. Global Termite Control Market Forecast: Breakup by Control Method (USD Million), 2024-2032
6. Global Termite Control Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Termite Control Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Termite Control Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Termite Control Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Termite Control Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Termite Control Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Termite Control Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Termite Control Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Termite Control Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Termite Control Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Termite Control Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Termite Control Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Termite Control Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Termite Control Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Termite Control Market Structure
Key Questions Answered in the Report
The market reached a value of USD 4.27 billion in 2023.
The market is estimated to grow at a CAGR of 5.60% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 5.9 billion by 2032.
Increasing prevalence termite infestations, widespread usage of woods resulting in greater importance of termite control, and rapid increase in construction activities across emerging economies are the major drivers of the market.
The key termite control market trends include the employment of advanced technologies in termite control processes, efforts being made by leading market players to develop eco-friendly termite control products, and emergence of customised termite control services.
Dampwood termites, subterranean termites, and drywood termites, among others, are the different species types in the market for termite control.
Chemical, physical and mechanical, and biological, among others, are the major control methods of termite control in the market.
BASF SE, Syngenta AG, Corteva Agriscience, Sumitomo Chemical Co., Ltd., FMC Corporation, UPL Limited, ADAMA Agricultural Solutions Limited, Nufarm, and Ensystex, Inc, among others, are the key market players, according to the report.
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