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Market Leader – Pest Control Market
The pest control industry has many players (small, medium, and large); however, the industry is dominated by a few, which include BASF SE (Germany), Bayer AG (Germany), Ecolab (U.S.), Syngenta AG (Switzerland), and Rentokil Initial plc (U.K.). Other players in this market are FMC Corporation (U.S.), Rollins, Inc. (U.S.), Terminix International Company, L.P. (U.S.), Bell Laboratories Inc. (U.S.), and the Dow Chemical Company (U.S.), which collectively accounted for a major part of the pest control market. New product launches and acquisitions are the preferred growth strategies in this market. These strategies are adopted for better market penetration, increasing product portfolio, and to reach new potential markets.
BASF SE (Germany)
BASF SE offers a broad portfolio of sustainable products, which offer certainty and flexibility, increase efficiency and profit potential, and have the ability to expand and grow. The BASF Urban and Rural Pest Control portfolio provides smart solutions for pest management to maintain a safe, clean, and healthy environment. It provides innovative active ingredients and technologies in a wide range of proven pest control products to kill pests such as bed bugs, termites, ants, flies, or cockroaches. The company offers well-known products such as Alpine insecticide and Termidor termiticide/insecticide, the industry’s leading termiticide. In May 2015, BASF SE opened a new R&D station in India. This new facility helped the company to focus on global agricultural crop protection by manufacturing herbicides, fungicides, and insecticides.
Bayer AG (Germany)
Bayer AG is also a leading player in the pest control industry and offers a wide range of products for pest management. It is engaged in the development, manufacture, and distribution of products in the healthcare, nutrition, and high-tech materials sectors. It operates through subgroups, namely, healthcare, crop science, and material science. The healthcare subgroup consists of the pharmaceuticals and consumer health segments. The pest management division of the company offers a wide product portfolio for baits, termiticides, and general insect control. In June 2016, Bayer launched DeltaGard insecticide, which helped in eradicating mosquito infestation.
Bayer AG has sales and distribution networks in over 120 countries. Germany, France, India, Brazil, and the U.S. are some of its major locations. The company’s subsidiaries include Bayer CropScience Holding SA Lyon (France), Bayer CropScience Holdings Limited Cambridge (U.K.), Bayer CropScience Limited Cambridge (U.K.), Bayer CropScience NV Diegem (Belgium), Bayer CropScience S.r.l (Italy), and Bayer Australia Limited (Australia), among others.
Pest Control Market by Type (Chemical Control, Mechanical Control, Biological Control), Pest Type (Insects, Termites, Rodents, Wildlife), Application (Commercial, Industrial, Residential, Agricultural), and Region - Global Forecast to 2021
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