Surge in waste generation and significant rise in insect population are the crucial factors that fuel the growth of the global fly control chemicals market for waste management. Based on region, Asia-Pacific accounted for the largest share of the total market in 2018, accounting for more than half of the total share of the global fly control chemicals market for waste management.
Allied Market Research published a report, titled, “Fly Control Chemicals Market for Waste Management by Type (Larvicide and Adulticide), Waste Treatment Method (Mechanical Biological Treatment, Incineration, and Anaerobic Digestion), and Method of Application (Toxic Bait, Dichloros Vaporizer, Outdoor Space Spraying, Larvicide Sprayers, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global fly control chemicals industry was estimated at $74.4 billion in 2018 and is expected to hit $120.9 billion by 2026, registering a CAGR of 6.1% from 2019 to 2026.
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COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The fly control chemicals market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the fly control chemicals market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the fly control chemicals market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
The adulticide segment accounted for nearly three-fourths of the total market of the global fly control chemicals market for waste management in 2018, and is projected to maintain its dominance during the forecast period. On the other hand, the larvicide segment is expected to witness the highest CAGR of 6.9% from 2019 to 2026. This is attributed to Larvicide being one of the crucial tools to prevent the mosquitoes breeding.
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Some ruling enterprises in the global fly control chemicals market are examined in the report along with the citation of innovative product launches by them, their collaborative undertakings & endeavors, several merges & acquisitions, and many more. The frontrunners operating in the global fly control chemicals industry include BASF SE, FMC Corporation, Bayer AG, Sumitomo Chemical Co. Ltd., Aimco Pesticides Ltd., and Syngenta.
Asia-Pacific accounted for the largest share in 2018, accounting for more than half of the total share of the global fly control chemicals market for waste management. Moreover, this segment is estimated to grow at the highest CAGR of 6.5% from 2019 to 2026. This is due to factors including enhanced infrastructure, rise in waste management reforms, and rise in urban population in emerging countries drive the regional growth. However, North America would witness the highest CAGR of 5.5% from 2019 to 2026.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the fly control chemicals market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the fly control chemicals market
- Post-sales support and free customization
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