Market Overview
Global Vector Control Industry 2020 size is expected to cross USD 20 Billion by 2025 at a CAGR of 5% over the review period of 2019 to 2025.
The key drivers responsible for the growth of the vector control market were factors such as the growing prevalence of vector-based diseases worldwide, campaigns by the national government as part of their disease/vector eradication efforts, and the efficacy of a chemical-based vector control device. Due to tight government restrictions, growing numbers of vector control systems, and increasing resistance to insecticides, market players are expected to see many growth opportunities in the coming years, along with many challenges. Chemical manufacturers involved in the vector control industry are investing in R&D to introduce new products that can tackle the problem of insecticide resistance.
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Competitive Landscape
Rollins, Inc. (US), Bayer AG (Germany), Syngenta AG (Switzerland), BASF SE (Germany), ANTICIMEX Group (Sweden), FMC Corporation (US), Bell Laboratories, Inc. (US), Rentokil Initial plc (UK), Ecolab (US), The Terminix International Company LP (US), Arrow Exterminators (US), ENSYSTEX (US), Impex Europa SL (UK), LIPHATECH, Inc. (US), PELGAR International (UK) are the major Vector Control Industry players.
Segment Analysis
Global Vector Control Industry has been analyzed based on the vector, method, and end-use.
Global Vector Control Industry has been segmented into chemical, biological, and mechanical/physical, depending on the process. In 2020, owing to the high use of different chemical insecticides and rodenticides to reduce the vector population and decrease incidences of vector-borne diseases, the chemical group accounted for the largest market share. In IVM frameworks, insecticides play a prominent role, which also contributes to segment development.
Regional Overview
Centered on North America, Asia Pacific, Europe and the rest of the world, the global demand has been evaluated.
Due to the growing demand for vector control services and products for residential and non-residential applications, the area garnered the largest revenue share of the global vector control market in 2020.
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