Global Anticoagulant Rodenticides market is anticipated to witness impressive growth during the forecast period. This can be ascribed to the growing concern about economic losses caused due to the damages caused by increasing rodent population. Similarly, increasing the damages of electrical wirings and walls in commercial and industrial buildings due to rodent attacks will further drive the growth of the market during the forecasted period. Also, the growing demand for pest control in hotels, homes, retail business apartments, office complexes, the food processing sector, and the electronic sector can enhance the demand for anticoagulant rodenticides in the forecasted period. Additionally, the growing demand for strong rodenticides for crop storage warehouses and agriculture equipment is a major factor in enhancing the growth of the market over the years. Also, climate changes such as heavy rainfall increase the population of rodents which will increase the contagious diseases such as hantavirus, lessa fever, plague, lymphocytic choriomeningitis (LCMV), Tularemia and Salmonella can enhance the demand for anticoagulant rodenticides for control the rodent population specially in the rural regions and this in turn is expected to create significant growth of the global anticoagulant rodenticides market during the forecasted periods.
Growing Damage due to Rodent Attack
around
Impact of Climate Changes
Climate change is the main cause of increasing rodent populations which will create a problem. The hantavirus infection is more contagious to environmental factors and changes in climate such as heavy rainfall directly spread the disease as well as increase their number. As global food security concerns are growing so demand for increasing agricultural yields and efficient techniques as well as the use of new technologies can enhance the demand for growth of the market over the years. Growing usage of chemicals for controlling the rodents in the urban region development of effective rodent control products will further enhance the demand for the anticoagulant rodenticides market during the forecasted period. Also, the presence of a huge number of producers with high hygienic requirements will drive market growth in the forecasted period.
Market Segmentation
Global Anticoagulant Rodenticides market can be segmented by product type, form, application, and by region. Based on Product Type, the market can be divided into 1st Generation Anticoagulant and 2nd Generation Anticoagulant. Based on Form, the market can be segmented into Pellets, Blocks, Powders & Sprays. Based on Application, the market can be grouped into Agriculture, Pest Control Companies, Warehouses, Urban Centers, Households, and Others. Regionally, North America dominate the market among Asia Pacific, Europe, Middle East & Africa, and South America. Among different countries, the United States dominate the global Anticoagulant Rodenticides market on account of the increasing the high populations of rodents that can spread contagious diseases in the country.
Recent Development
- In September 2021, Bell Laboratories
introduced ‘Contrac California Bromethalin Soft Bait,’ a newly registered
rodenticide product in California, US.
- In April 2021, BASF SE unveiled a new,
resistance breaking cholecalciferol ingredient, rodentrodenticide, Selontra to
break the cycle of resistance and cause deaths to the rodents.
- In July 2021, Bayer AG, a German
pharmaceutical company launched ‘Harmonix Rodent Paste,’ a pest control
management solution to prevent rodents in the indoor and outdoor places.
Market Players
BASF SE., Bayer AG., Syngenta Crop Protection AG., PelGar International., Rentokil Initial plc., UPL., Bell Labs., Kalyan Industries Limited., Heranba Industries Ltd., NEOGEN Corporation., Liphatech Inc.
Attribute
|
Details
|
Base
Year
|
2022
|
Historic
Data
|
2018 –
2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024
– 2028
|
Quantitative
Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2028
|
Report
Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
Covered
|
By Product Type
By Form
By Application
By Region
|
Regional
scope
|
North
America; Europe; Asia Pacific; South America; Middle East & Africa
|
Country
scope
|
United States; Canada; Mexico; France; Germany; United
Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina;
Colombia; South Africa; Saudi Arabia; UAE
|
Key
companies profiled
|
BASF
SE., Bayer AG., Syngenta Crop Protection AG., PelGar Interntional., Rentokil
Initial plc., UPL., Bell Labs., Kalyan Industries Limited., Heranba
Industries Ltd., NEOGEN Corporation., Liphatech Inc.
|
Customization
scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
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Delivery
Format
|
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request)
|