Sarasota, FL, Oct. 25, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Rodenticides Market by Type (Non Anticoagulant, Anticoagulant, and Others) for Agriculture, Pest Control, Warehouses and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021” . According to the report, global demand for rodenticides market was valued at over USD 723.86 million in 2015, is expected to reach above USD 1004.72 million in 2021 and is anticipated to grow at a CAGR of slightly above 5.6% between 2016 and 2021.
Rodenticides are the pesticides mainly used for killing rodents. Rodenticides function as enzyme inhibitors which inhibit the clotting enzymes resulting in internal bleeding which causes deadly. Rodenticides are either first generation anticoagulants or second generation anticoagulants wherein the first generation are more toxic as compared to the second generation whereas second generation anticoagulants kill the rodents in one consumption in overnight.
Browse through 32 Market Tables and 31 Figures spread over 110 Pages and in-depth TOC on “Global Rodenticides Market: By Type, Application, End User, Products, Industry Size, Share, Trends and Forecast 2015-2021”.
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Ever growing population and reduction of arable land is expected to bolster the demand for rodenticides market in the coming years. The agricultural sector is getting advanced across the globe which is likely to signify high utilization of rodenticides market. Government initiatives for improving the agricultural sector for satisfying the food requirement from growing population assist the growth of rodenticides market. However, the impact of rodenticides on domestic animals and even on children may hinder the rodenticides market. Also, stringent regulations imposed by the government on the excess use of rodenticides in some of the regions may restrict the growth of the rodenticides market. Nonetheless, the agricultural sector is flourishing in the emerging countries this may conceivably provide new opportunities for the rodenticides market. Moreover, the introduction of natural rodenticides might open new avenues for the growth of the rodenticides market in the forecast period.
Based on the type, the rodenticides market can be segmented anticoagulant rodenticides, non-anticoagulant rodenticides, and others. The other type includes rodenticides made from natural products. The anticoagulant rodenticides can be further bifurcated into diphacinone, warfarin, chlorophacinone and coumatetralyl which are considered as first generation anticoagulant whereas second generation anticoagulant rodenticides are difenacoum, brodifacoum, flocoumafen, bromadiolone and difethialone. The non anticoagulant is cholecalciferol, bromethalina and zinc phosphide. Several applications for the rodenticides are agricultural, pest control, warehouses and others. Depending on the mechanism the rodenticides can be differentiated as rodenticides with the single dose, rodenticides with multiple doses and rodenticide with acute dose. Rodenticides with single dose cause death after 24 hrs, rodenticides with multiple dose causes death after ingestion wherein acute dose causes death in 24 hrs.
Browse the full " Rodenticides Market by Type (Non Anticoagulant, Anticoagulant, and Others) for Agriculture, Pest Control, Warehouses and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021 " report at https://www.zionmarketresearch.com/report/rod...des-market
In 2015, the rodenticides market was dominated by North America. The factors contributing to the high demand of rodenticides are government initiatives for cultivating high-quality food. This is mainly due to rapidly decreasing plowable land in this region. U.S accounted for the largest market share in this. Other factors such as growing demand for bio rodenticides in North America contribute to the growth of rodenticides market.
The rodenticides market in Europe has had a stagnant growth in the past few years owing 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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Asia Pacific is expected to be the fastest growing market in 2015 for the rodenticides and is predicted to gain traction over the forecast period. Rapidly growing agricultural sector in India and China contributes to the high growth of rodenticides in Asia Pacific. Increasing accomplishment from the government for improving the productivity and quality of food is expected to spur the growth of rodenticides market. There has been tremendous growth in infrastructure sector in China and India which has led to shrinkage of arable land. Consequently, to assure the food requirement advance technologies are followed which in turn may assist the growth of rodenticides in Asia Pacific. In addition, demand for pesticides is growing extensively in Asia Pacific due to increasing population. Fewer regulations imposed by the governing bodies of India and China for utilization of pesticides in this region have forced the players to set up their plants in these regions. This factor is anticipated to boost the rodenticides market in the forecast period. Furthermore, agricultural is considered as the main livelihood in majority part of India, which prompts the use of various pesticides for getting the higher yield. Also, pesticides are mainly used for improving the productivity of crops to obtain high profit is estimated to augment the growth of rodenticides market.
Latin America is expected to experience robust growth for rodenticides market in the near future due to increasing agricultural sector in Brazil. Growing population and high use of pesticides for achieve better productivity is likely to trigger the growth of rodenticides market in this region. The Middle East and Africa is anticipated to show sustainable growth in the near future due to high consumption of several pesticides. In addition, rapidly increasing agricultural sector due to the existence of huge arable land aids the rodenticides market growth.
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Some of the key participants in the rodenticides market include The DOW Chemical Company, Syngenta AG, UPL Limited, Pelgar International, Senestech, Inc, Bayer Cropscience AG, BASF SE, Liphatech, Inc., Neogen Corporation, E.I. Du Pont De Nemours and Company, J.T. Eaton & Co., Inc and Impex Europa S.L Due to various regulations imposed by the governing bodies the players primarily focus on R&D for innovating eco-friendly rodenticides.
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This report segments the rodenticides market as follows: Rodenticides Market: Type Segment Analysis
- Non-anticoagulant rodenticides
- Cholecalciferol
- Bromethalin
- Zinc Phosphide
- Anticoagulant rodenticides
- Diphacinone
- Warfarin
- Chlorophacinone
- Coumatetralyl
- Difenacoum
- Brodifacoum
- Flocoumafen
- Bromadiolone
- Difethialone
- Others
Rodenticides Market: Applications Segment Analysis
- Agricultural
- Pest control
- Warehouses
- Others
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Rodenticides Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
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