(MENAFN- EIN Presswire) Fly Control Chemicals Market for Waste Management by Type
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.
PORTLAND, OREGON, UNITED STATES, April 10, 2023 /einpresswire.com / -- 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.
Allied Market Research published a new 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" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
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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. However, storing and handling of insecticides hinder the market growth to some extent. On the other hand, rise in stringent government regulations for waste management is estimated to offer opportunities in coming years.
This makes it important to understand the practical implications of the fly control chemicals market. To gain a competitive advantage, the players must have something unique. By tapping into the untapped market segment, they can establish a relevant point of differentiation, and this report offers an extension analysis of untapped segments to benefit the market players and new entrants to gain the market share.
According to the report published Allied Market Research, the global fly control chemicals market for waste management generated $74.4 billion in 2018, and is estimated to garner $120.9 billion by 2026, growing at a CAGR of 6.1% from 2019 to 2026.
KEY MARKET PLAYERS:
The report provides the SWOT analysis of the key market players including BASF SE, Bayer AG, FMC Corporation, Aimco Pesticides Ltd., Sumitomo Chemical Co. Ltd., and Syngenta. which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.
On the basis of the waste treatment method, the incineration segment is expected to grow the highest CAGR of 7.0% during the forecast period. This is attributed to benefits including manufacturing of energy, lowered pollution, and convenience offered by incinerators in every working environment. However, the mechanical biological treatment segment contributed to nearly two-fifths of the total market revenue in 2018, and is expected to maintain its lead position by 2026.
NEED FOR THE REPORT:
The current situation of pandemic makes it very important for the stakeholders in the fly control chemicals market to understand the market deeply, which will help them in taking sound decisions, to gain the competitive advantage. By exploring the unexplored areas of market, the key players can surely gain a larger market share.
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.
KEY OFFERINGS OF THE REPORT:
Key drivers & Opportunities: An extensive analysis on key factors and opportunities available in different segments for strategizing.
Current trends & forecasts: A comprehensive analysis on latest trends, and forecasts for next few years to frame strategic decisions as a next step.
Segmental analysis: An extensive analysis of each segment and driving factors such as revenue and growth rate is offered.
Regional Analysis: A thorough analysis of each geographic region can help market players devise expansion strategies and gain from the opportunity.
Competitive Landscape: Useful insights on each of the leading market players for outlining competitive scenario and related strategies have been offered in the report.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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