Global Chlorophacinone Market, By Type (Non-Anticoagulant Rodenticides, Anticoagulant Rodenticides), End-Use (Agricultural Fields, Warehouses, Urban Centres), Application (Pellets, Sprays, Powders), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Chlorophacinone Market
The chlorophacinone market will reach at estimated value of USD 0.17 billion by 2028 and is expected to grow at a CAGR of 3.70% in the forecast period 2021 to 2028. Rise in the concerns about vector-based disease outbreaks encourage public health initiatives is the major factor driving the growth of chlorophacinone market in the forecast period of 2021-2028.
Chlorophacinone is defined as an anticoagulant which is used as a rodenticide. Rodenticides are the pesticides that kill mice and rodents include not only mice and rats, but also squirrels, hyena, chipmunks, porcupines, neuteria and beavers.
Rise in the impact of climatic changes on rodent proliferation is the vital factor escalating the market growth, also rise in the displacement of rodents due to urbanization, rise in damages due to rodent attacks, increasing government programs and increase in the numbers of offices, hospitals, hotels, and housing, and high hygiene standards are the major factors among others driving the growth of chlorophacinone market. Moreover, rise in the government initiatives and support of public corporations for rodent control and rise in the demand for rodent pest control services from the hospitality and tourism sectors will further create new opportunities for chlorophacinone market in the forecast period of 2021- 2028.
However, rise in the stringent regulations and the ban on the use of rodenticides in developed countries and increase in the use of mechanical methods for rodent control are the major factors among others acting as restraints, while rise in resistance to conventional rodenticides and high toxicity of rodenticides will further challenge the growth of chlorophacinone market in the forecast period mentioned above.
This chlorophacinone market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chlorophacinone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Chlorophacinone Market Scope and Market Size
The chlorophacinone market is segmented on the basis of type, end-use and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- Based on type, the chlorophacinone market has been segmented into non-anticoagulant rodenticides and anticoagulant rodenticides.
- Based on end-use, the chlorophacinone market has been segmented into agricultural fields, warehouses and urban centres.
- The chlorophacinone market is also segmented on the basis of application into pellets, sprays and powders.
Chlorophacinone Market Country Level Analysis
The chlorophacinone market is analyses and market size, volume information is provided by country, type, end-use and application as referenced above.
The countries covered in chlorophacinone market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA)
North America dominates the chlorophacinone market due to rise in the renovation and modernization activities, rise in the displacement of rodents due to urbanization, rise in damages due to rodent attacks and increasing government programs in this region. Europe and Asia-Pacific are the expected regions in terms of growth in chlorophacinone market due to increase in the impact of climatic changes on rodent proliferation and increase in the government programs and increase in the numbers of offices, hospitals, hotels, and housing, and high hygiene standards in this region.
The country section of chlorophacinone market 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Competitive Landscape and Chlorophacinone Market Share Analysis
The chlorophacinone market report 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 chlorophacinone market report.
The major players covered in the chlorophacinone market report BASF SE, Bayer AG, Syngenta, UPL, Liphatech Inc., JT Eaton, Neogen Corporation, Pelgar International, Senestech Inc., Bell Laboratories, Impex Europa S.L., Rentokil Initial Plc, The Terminix International Company Limited Partnership, Ecolab, Anticimex, Rollins, Inc, Truly Nolen, and Abell Group of Companies among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.