Know More About “Integrated Pest Management (IPM) Market 2019-2025” Growth Worldwide…..|Grand View Research, Inc.
The global integrated
pest management market value is anticipated to reach USD 151.0 billion
by 2025, according to a new report by Grand View Research, Inc. Favorable
regulatory scenario banning the usage of pesticides and growing concerns
regarding the diseases caused by insects are anticipated to favor industry
growth.
IPM program is a systematic approach
used for solving insect, weed, & diseases problems and prevent them from
damaging crops, infesting buildings, & harming animals. It is the most
effective and least-risk options for responding to the problem. The approach
can be used to manage all kinds of incest anywhere such as in urban, wildland,
agricultural, and natural areas.
The rising concern over harmful
effects of pesticides on the environment is likely to enhance the popularity of
the product. Some of the major application sectors of the industry include
agriculture, commercial buildings, industrial, residential, and others.
Agricultural is the largest application segment and is expected to follow the
same growth trend over the forecast period, owing to its usage in controlling
and preventing the incests from crops.
Invertebrates have emerged as the
largest segment in 2016 followed by weeds, pathogens, and vertebrates. Change
in climate conditions and rising temperature is anticipated to be the major
factor for the growth of invertebrate. Invertebrates are generally the
household incest including ants, cockroaches, flies, and caterpillars. They can
harm the household farming thus leading to infect human health and environment.
The IPM program and training may help in mitigating the risk of invertebrate
control with reducing the utilization of chemicals and increasing efficiency.
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Further key findings from the report suggest:
·
The global demand for
integrated pest management market was valued at USD 91.8 billion in 2016. The
market is anticipated to grow to USD 151 billion by 2025, growing at a CAGR of
5.8% from 2017 to 2025.
·
Chemical control approach
dominated the market in 2016 followed by mechanical & physical, biological,
cultural, and others method.
·
Agricultural is largest
application segment and is projected to follow the same growth trend over the
forecast period.
·
The North America and Europe
region was the largest regional market with a combined share of over 56%.
·
Asia Pacific region is
anticipated to have the fastest growth. the region is projected to grow at a
CAGR of 6.4% from 2017 to 2025.
·
The industry is dominated by a
few multinational corporations such as BASF SE, Advanced Integrated Pest
Management, IPM Pest Control, SGS SA, MB Integrated Pest Control, Bayer
CropScience LP, Ecolab Inc., IPM Technologies Pty Ltd, and Integrated Pest
Management Solution (IPMS India).
The IPM market experiences the
presence of established players. the industry is highly comparative and
fragmented in nature. Some of the key players in the industry include BASF SE,
Advanced Integrated Pest Management, IPM Pest Control, SGS SA, MB Integrated
Pest Control, Bayer CropScience LP, Ecolab Inc., IPM Technologies Pty Ltd, and
Integrated Pest Management Solution (IPMS India). Global companies such as BASF
SE and Ecolab Inc. are investing in research and development activities to
develop new control approaches and products to increase their product portfolio.
Pest
such as cockroaches, dust mites, and rodents which are present in buildings can
cause various health problems such as asthma attacks and allergic reactions.
The technique used to reduce them from the residential sector uses products
which do not affect the human populations living around it. These factors are
expected to propel the growth in the residential sector.
The
other application areas involve amenity horticulture and natural spaces &
places. IPM practice in natural spaces and national parks are related to insect
and vertebrate, which includes pigs, rabbits, wild dogs, and foxes. Weeds in
these areas are managed by using integrated control approaches that reduce
spraying of chemicals.
Browse Press
Release of this report:
Grand View Research has segmented the
global integrated pest management market by pest type, control method,
application, and region:
Pest Type Outlook (Revenue, USD
Million, 2014 - 2025)
·
Weeds
·
Invertebrates
·
Pathogens
·
Vertebrates
Control Method Outlook (Revenue,
USD Million, 2014 - 2025)
·
Biological Control
·
Chemical Control
·
Cultural Controls
·
Mechanical & Physical
Controls
·
Other Control Method
Application Outlook (Revenue,
USD Million, 2014 - 2025)
·
Agriculture
·
Commercial buildings
·
Industrial
·
Residential
·
Others
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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