The rodenticides market is estimated at USD 4.7 billion in 2019 and projected to grow at a CAGR of 3.7% to reach USD 5.9 billion by 2025 – Yahoo…

The growth of the rodenticides market is driven by a rapid increase in urbanization and industrialization, which create the need for pest and rodent control. Global warming and increase in temperature are the issues of concern since the warmer climate is one of the reasons for the increase in the rodent population in the urban areas, which, in turn, gears the market growth for rodenticides.

New York, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Rodenticides Market by Type, End-Use Sector ), Mode of Application And Region - Global Forecast to 2025" - https://www.reportlinker.com/p04259108/?utm_source=GNW

The anticoagulants segment, by type, dominated the market with a larger share in 2018.On the basis of type, the rodenticides market is classified into non-anticoagulant rodenticides and anticoagulant rodenticides.The anticoagulants play a major role in the control of commensal rodents such as Norway rats, ship rats, and house mice.

About 95% of the chemical control of rodents in the US is done using anticoagulants.Depending on the intensity of the dosage and number of doses, they are further categorized into first-generation anticoagulants and second-generation anticoagulants.

The second-generation anticoagulants are more effective, as they provide results after a single dosage and does require second positioning of the product.

The pellets segment accounted for the largest share in 2018.Based on the mode of application, pellets are observed to hold a dominant share in the rodenticides market.Most of the companies offer rodenticide products in the pellet form, as they can be easily used with the coating of baits around them.

Pellets are one of the most cost-effective solid baits and can be kept in bait stations to protect them from the reach of the children when used in residential areas. Apart from pellets, fumigant, spray, and powder modes of application are also used according to the feasibility of the application area.

The urban centers segment, by end-use sector, holds the dominant market share in the rodenticides market.Based on end use, the urban centers segment, not only dominates the rodenticides market but also is projected to hold the largest market share between 2019 and 2025.Urban centers include both residential as well as commercial spaces.

The high pace of urbanization, along with the increasing living standards of the people, leads to intolerance of rodents. Moreover, the development of public hygiene programs in regions like the US and Paris with a larger population living in urban areas, support the growth of the rodenticides market in urban centers.

High growth is projected in the Asia Pacific rodenticides market.The Asia Pacific market is projected to be the fastest-growing market for the period considered for this study.The regions growing concentration of urban population poses a strong potential for rodenticide manufacturers and pest control service providers.

The effects of climate change, and in certain cases, the negligence toward sanitary conditions in urban slums have resulted in multiple disease outbreaks.Improvements in legislation and policies surrounding the requirement of rodent control have benefitted rodent control service providers in the Asia Pacific region.

To meet the increasing demand for food and to reduce the crop damage caused by rodents, the use of rodenticides has increased significantly in the region.

Break-up of Primaries: By Company Type: Tier 1 - 45%, Tier 2 - 30%, and Tier 3 - 25% By Designation: C-Level - 50%, D-Level - 20%, and Others* - 30% By Region: Asia Pacific 40%, Europe - 30%, North America - 15%, South America - 5%, and RoW** - 10%

*Others include sales managers, marketing managers, and product managers.**RoW includes South Africa, Tanzania, the Middle East, and other African countries.

Leading players profiled in this report:

Rodenticide Product Manufacturers: BASF SE (Germany) Bayer (Germany) Syngenta (Switzerland) UPL (India) Liphatech Inc. (US) JT Eaton (US) Neogen Corporation (US) Pelgar International (UK) Senestech Inc. (US) Bell Laboratories (US) Impex Europa (UK)

Rodenticide Service Providers: Rentokil Initial Plc (UK) Terminix (US) Ecolab (US) Anticimex (Sweden) Rollins (US) Truly Nolen (US) Abell Pest Control (Canada)

Research Coverage:The report segments the rodenticides market on the basis of type, mode of application, end-use sector, and region. In terms of insights, this report has focused on various levels of analysesthe competitive landscape, end-use analysis, and company profileswhich together comprise and discuss views on the emerging & high-growth segments of the global rodenticides market, the high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report: To get a comprehensive overview of the rodenticides market To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them To gain insights about the major countries/regions in which the rodenticides market is flourishingRead the full report: https://www.reportlinker.com/p04259108/?utm_source=GNW

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The rodenticides market is estimated at USD 4.7 billion in 2019 and projected to grow at a CAGR of 3.7% to reach USD 5.9 billion by 2025 - Yahoo...