This situation creates the need to use rodenticides to kill rats and rodenticides. These pesticides are highly beneficial in controlling rodent attacks in agricultural fields and warehouses. RODENTICIDES market research report has been worked out with the systematic statistics and market research insights which present quick growth and thriving sustainability in the Data Bridge Market Research analyses that the rodenticides market is expected to reach the value of USD 5.69 billion by the year 2029, at a CAGR of 5.70% during the forecast period of 2022-2029. "Agriculture" accounts for the most prominent end user segment in the respective market owing to rise in rodent attacks in agricultural fields and storage. When people move from rural areas to urban areas, rats and rodents find a place near humans.
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Market Analysis and Insights
These chemicals need to be regulated by the EPA under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA). Rodenticides refer to the pesticides that assist in killing rodents, including rats and mice, chipmunks, nutria, beavers, woodchucks, porcupines and squirrels. These pesticides are formulated as baits with substances such as peanut butter or molasses to attract and kill the rodents present in agricultural fields and warehouses. The increase in concern about the economic losses related to damage due to presence rodents is escalating the growth of rodenticides market. A registration is mandatory under the U.S. Environmental Protection Agency (EPA) before the pesticides are sold to the public in North America region.
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Rodenticides Market Scope
On the basis of end user, the rodenticides market is segmented into agriculture, warehouses, urban centers, residential and commercial. The residential segment is expected to grow at high rate due to the rise in awareness about epidemics from rodent attacks and increase in the disposable income.The rodenticides market is segmented on the basis of type, first-generation, second-generation, mode of application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Non-Anticoagulants
- Anticoagulants
On the basis of type, the rodenticides market is segmented into non-anticoagulants and anticoagulants. Anticoagulant rodenticides accounts for the largest market, and are expected to witness high growth owing to their capability to kill in one dose or several doses.
First-Generation
- Anticoagulants
- Chlorophacinone
- Diphacinone
- Coumatetrayl
- Warfarin
On the basis of first-generation, the rodenticides market is segmented into anticoagulants, chlorophacinone, diphacinone, coumatetrayl and warfarin.
Second-Generation
- Anticoagulants Brodifacoum
- Bromadiolone
- Difenacoum
- Difethialone
- Flocoumafone
On the basis of second-generation, the rodenticides market is segmented into anticoagulants brodifacoum, bromadiolone, difenacoum, difethialone and flocoumafone.
Mode of Application
- Pellets
- Sprays
- Powders
On the basis of mode of application, the rodenticides market is segmented into pellets, sprays and powders.
End User
- Agriculture
- Warehouses
- Urban Centers
- Residential
- Commercial
Rodenticides Market Country Level Analysis
North America dominates the rodenticides market because of the presence of a large number of manufacturers, high standards of hygiene and renovation and modernization activities in the economy within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. The rodenticides market is analysed and market size insights and trends are provided by country, type, first-generation, second-generation, mode of application and end user as referenced above.
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Major TOC of the Rodenticides Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Competitive Landscape and Rodenticides Market Share Analysis
The rodenticides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to rodenticides market.
Some of the major players operating in the Rodenticides market are
· BASF SE,
· Bayer,
· Syngenta,
· UPL,
· Liphatech Inc.,
· JT Eaton,
· Neogen Corporation,
· Pelgar International,
· Senestech Inc.,
· Bell Laboratories,
· and Impex Europa,
· Rentokil Initial Plc,
· Terminix, Ecolab,
· Anticimex,
· Rollins,
· Truly Nolen, and Abell Pest Control among others.
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