What is Liquid Termiticides Market?
Liquid termiticides are generally useful as a form of barrier treatment. It is used to control infestations of subterranean termites in and around homes. It is available in a few types in the market. Liquid termiticides last for several years. Termiticide baits work to control termites by eradicating or shrinking the termite colony. Unlike the liquid insecticides we previously mentioned, they do not form a barrier surrounding the structure.
Highlights from Liquid Termiticides Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF (Germany), Tata Chemicals Limited (India), Syngenta (Switzerland), SBM Life Science Corporation (United States), Bayer AG (Germany), FMC Corporation (United States), Spectrum Brands Inc. (United States), Rentokil Pest Control and Pacicorp Organics Private Limited |
Global Liquid Termiticides is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Liquid Termiticides market throughout the forecasted period.
BASF (Germany), Tata Chemicals Limited (India), Syngenta (Switzerland), SBM Life Science Corporation (United States), Bayer AG (Germany), FMC Corporation (United States), Spectrum Brands Inc. (United States), Rentokil Pest Control and Pacicorp Organics Private Limited are some of the key players profiled in the study. Liquid Termiticides Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Agriculture, Public Health and Others |
Type | Taurus SC, Bifen XTS, Spectracide Terminate, Termidor Foam and BioAdvanced Termite Killer |
Distribution Channel | Online,Offline,Others |
Crop Type | Cotton,Groundnut,Rice,Wheat,Maize,Others |
Packaging Size | 250ml,500ml,1L,Others |
On the basis of geography, the market of Liquid Termiticides has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Agriculture Sector
Market Growth Drivers:
Increasing Application of Liquid Termiticides to Provide Immediate Protection to any Structure and Inexpensive as compared to other Forms of Termite Control
Challenges:
Regulatory Guidelines on the Use of Chemicals
Restraints:
Drilling into Areas that Show Evidence of Termite Entry, or Concrete may be Necessary and It may Harm Plant Life
Opportunities:
Growing Demand for Liquid Termiticides can create Opportunities for the Market Growth
Key Target Audience
Liquid Termiticides Manufacturers, Liquid Termiticides Distributors and Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Market Leaders & Development Strategies
In 2021, Spectrum Brands Inc. has acquired For Life Products, LLC Rejuvenate. Rejuvenate offers a fast-growing portfolio of innovative cleaning and surface cleaning products for the home. The combination provides consumers with the best solutions to conquer nature’s challenges.