Industry Background:
Rodenticides are one kind of pesticides which kills rodents. Rodents comprise not only rats and mice, but also woodchucks, squirrels, chipmunks, nutria, porcupines and beavers. Though rodents play important roles in nature, they may sometimes require control. They can damage crops, violate housing codes, transmit disease and in some circumstances cause ecological damage. Rodents, humans, dogs and cats are all mammals, so our bodies work in very like ways. Further, rodenticides have the same effect when eaten by any mammal and they can also affect birds. Rodenticides are typically formulated as baits, which are designed to attract animals.This growth is primarily driven by Increasing Number of Rodent Population
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | Tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Chemicals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as BASF SE (Germany), Bayer (Germany), Syngenta (Switzerland), UPL (India), JT Eaton (United States), Neogen Corporation (United States), Pelgar International (United Kingdom), Senestech Inc. (United States), Bell Laboratories (United States) and Impex Europa (Spain), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On May 2, 2019 - Anticimex announced its continued expansion in the United States with the acquisition of JP McHale Pest Management, operating in the greater New York area. With these acquisition, Anticimex further strengthens its market position on the East Coast as well as the strategic New York area.
Leading Rodenticides players are focusing on strategic partnerships and acquisitions to improve their products and services along with focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Influencing Trend:
Growing Need for Rodent Control and Increased Occurrence of Rodent Related Diseases
Market Growth Drivers:
Increasing Number of Rodent Population and Rising Damage Due to Rodent Attack
Challenges:
High Toxicity When Inhaled and When Come Into Contact With Skin
Restraints:
Strict Regulations and Ban on the Use of Rodenticides in Several Nations
Opportunities:
Advancements in Non-Toxic and Third-Generation Anticoagulants and Rising Government Support and Initiatives of Public Corporations for Rodent Control
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Rodenticides Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Rodenticides Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Rodenticides players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Rodenticides Study Sheds Light on
The Rodenticides Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Rodenticides industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Rodenticides industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.