What is the Historical Analysis of the Termite Control Market Size?
The termite control market has seen considerable growth due to a variety of factors.
•In the last few years, the termite control market has seen robust growth. This market is predicted to escalate from a value of $5.48 billion in 2024 to $5.82 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.2%.
The historical growth trends in this market can be associated with the increase in professional pest control services, advancements in chemical treatments, development of advanced baiting systems, influence of climate and weather, and educational initiatives to raise awareness.
What is the Forecasted Growth of the Termite Control Market Size?
The termite control market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the termite control market to experience significant expansion in the upcoming years. Anticipations are that the market will reach a value of "$7.97 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.2%.
Factors contributing to this growth over the forecast period include the proliferation of professional services, the creation of specialized treatments, the implementation of comprehensive pest management programs, growth in the construction sector, and strict regulatory mandates. During the forecast period, notable trends are expected to include increased demand from the construction industry, environmentally conscious solutions, cutting-edge treatment technologies, accelerated urbanization, and the effects of climate change.
What Key Factors and Trends are Driving the Growth of the Termite Control Market?
The termite control market is experiencing significant growth, largely driven by the expanding construction industry. The construction sector, defined as the business and manufacturing segment dedicated to the construction, preservation and repair of infrastructures, often implements termite control methods to manage and prevent termite invasions which can damage construction quality and the structural integrity of buildings. For example, the Bureau of Economic Analysis (BEA), a US government agency responsible for providing definitive macroeconomic and industrial statistics, has reported that the scale of the US construction industry rose from $1.916 trillion in Q1 2021 to $2.016 trillion in Q1 2022 according to their 2022 publication. Thus, the burgeoning construction sector is a key driver for the termite control market.
What are the Market Segments in the Termite Control Market?
The termite control market covered in this report is segmented –
1) By Type: Chemical Termite Control, Physical And Mechanical Termite Control, Biological Termite Control
2) By Species Type: Dampwood Termites, Subterranean Termites, Drywood Termites, Other Species Types
3) By Application: Commercial And Industrial Sector, Residential Sector, Agriculture And Livestock Farms, Other Applications
Subsegments:
1) By Chemical Termite Control: Liquid Pesticides, Baiting Systems, Fumigation
2) By Physical And Mechanical Termite Control: Physical Barriers, Moisture Control, Soil Treatment
3) By Biological Termite Control: Nematodes, Entomopathogenic Fungi, Microbial Control Agents
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What Trends are Shaping the Termite Control Market?
The rise in product innovations has been identified as a leading trend in the termite control market. Major players within this market are focusing on the development of new technologies and methods for enhanced termite control. One notable example is Groupe Berkem, a chemical manufacturing firm based in France, that, in October 2023, introduced Novaterm, a product specifically designed for termite control experts. This new product symbolizes dual innovation in trap system technology. For one, it enhances professionals' autonomy and productivity using a smartphone app that streamlines planning and monitoring of trap and biocide amounts. Additionally, Novaterm incorporates Groupe Berkem's plant-based Synerkem technology, which maintains high performance while significantly reducing traditional biocide usage.
Who Are the Key Players in the Termite Control Market?
Major companies operating in the termite control market include:
• BASF SE
• Bayer CropScience AG
• Control Solutions Inc.
• Ensystex Inc.
• FMC Corporation
• Nippon Soda Co. Ltd.
• Nufarm Limited
• Rentokil Initial plc
• Syngenta AG
• The Dow Chemical Company
• UPL Limited
• Annex Integrated Management Private Limited
• Anticimex AB
• Aptive Environmental LLC
• Pelsis Ltd.
• Home Paramount Pest Control Inc.
• Rollins Inc.
• The Terminix International Company LP
• Arrow Exterminators Inc.
• Ecolab Inc.
• Massey Services Inc.
• Western Exterminator Company
• Orkin LLC
• McCloud Co.
• Rose Exterminator Co.
• Plunkett's Pest Control Inc.
• ABC Home & Commercial Services Inc.
• Cook's Pest Control Inc.
• Northwest Exterminating Co. Inc.
What are the Regional Insights into the Termite Control Market?
North America was the largest region in the termite control market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global termite control market report during the forecast period. The regions covered in the termite control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
