Market Research Report
Household Insecticides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||930553|
|Published||Content info||105 Pages
Delivery time: 2-3 business days
|Household Insecticides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: March 12, 2020||Content info: 105 Pages||
The global household insecticides market is currently witnessing a healthy growth. Household insecticides refer to various chemicals that are used for insect control in domestic settings. They are primarily used against flies, cockroaches, mosquitos, rats and mice. Household insecticides are less toxic to humans and are manufactured using natural or synthetic substances, such as hydroxyethyl isobutyl piperidine carboxylate, citronella oil and geraniol oil. These insecticides are commonly used in the form of sprays, mosquito coils, oil sprays or slow-release vaporizing systems. They are applied to or sprayed on the floors, walls and closed spaces to minimize the growth of insects, which aid in preventing the spread of vector-borne diseases.
The high prevalence of insect-borne diseases, such as malaria and dengue, is one of the key factors driving the growth of the market. Furthermore, growing consumer awareness regarding the preventive measures that can be taken to avoid infestations is also providing a boost to the market growth. This has enhanced the utilization of household insecticides across residential and commercial complexes, schools, daycare centers, hospitals and public transportations. Additionally, manufacturers are introducing innovative products, such as repellant paints, sprays, pills, coils and lotions to offer enhanced protection against diseases like yellow fever, chikungunya and filariasis. Apart from this, increasing consciousness regarding the adverse effects of prolonged exposure to harmful chemicals is resulting in the launch of product variants with natural and organic ingredients, which is contributing to the market growth. Other factors, including rapid urbanization and rising disposable incomes of the consumers, are projected to drive the market further. Looking forward, IMARC Group expects the market to expand at a CAGR of around 5% during 2020-2025.
The competitive landscape of the industry has also been examined with some of the key players being Amplecta AB, BASF SE, Bayer AG, Dabur India Limited, Earth Chnsemicals Co. Ltd., Godrej Consumer Products, HPM Chemicals and Fertilizers Ltd., Jyothy Laboratories Ltd., Neogen Corporation, Reckitt Benckiser Group Plc, S.C. Johnson & Son Inc., Spectrum Brands Holdings Inc., Sumitomo Chemicals Co. Ltd., Zapi SPA, Zhongshan Lanju, etc.