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(MoneyNewsWire.Net, October 16, 2017 ) The Europe Rodenticides Market was worth USD 250 million in 2016 and is projected to be growing at a CAGR of 5.77%, to touch USD 340 million by 2021. Pest Control Agencies are among the major users. Rodenticides are also expansively used in agricultural fields, green houses as well as warehouses
Growing demand to protect crops as well as food grains is expected to have a positive effect on the market over the forecast period. The growing agriculture sector in emerging nations such as China, India, and Brazil is expected to boost the market growth in the region.
Rising demand for pesticides due to expanding agriculture sector is expected to majorly drive the market over the next seven years. Strict regulations by governmental agencies over use of rodenticides and resultant soil contamination is further likely to challenge the market. Toxicity of rodenticides on humans and animals has been a key factor restraining the growth of the market.
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The Europe Rodenticides market is segmented based on Type, Mode of Application, and End User. The market for Rodenticides, on the basis of Type is segmented into Non-Anticoagulant and Anticoagulant. On the basis of Mode of Application, the Europe Rodenticides Market is segmented into Pellets, Powders and Sprays. On the basis of End Use it is segmented into Agricultural Fields, Urban Centres, Warehouses, Pest Control Companies and Household Consumers. The non-anticoagulant rodenticides segment is projected to grow at the highest CAGR from 2016 to 2022. These rodenticides are referred to as acute toxicants. The metabolic poisons include fluoroacetamide, bromethalin and fluoroacetate, that lead to paralysis and convulsions in rodents before death. These are more efficient in controlling the rodent infestation.
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. The rodenticides market in Europe has had a stationary growth in the past few years due to strict regulations passed by the European government on the use of rodenticides. However, in recent times, low concentrated rodenticides that are less harmful are being introduced in the European market which is expected to drive the rodenticides market growth in this region.
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Key points from TOC:
Introduction
Research Methodology
Overview
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Strategic Analysis
Market Leaders' Analysis
Competitive Landscape
Market Outlook and Investment Opportunities
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Companies such as Syngenta, BASF and Bayer Crop Science have been involved in R&D to develop non-toxic rodenticides. The above is expected to open new possibilities to market participants and provide them with competitive gain. The major companies are aggressively pursuing supply contracts to expand consumer reach and increase market presence. Some key players operating in the market include BASF SE, Bayer Crop Science, Neogen Corp., Impex Europa S.L., J.T. Eaton & Co., Liphatech, Pelgar International, Syngenta SA, and UPL Limited.
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