Integrated Pest Management (IPM) Market – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Market Insights

Integrated pest management involves all available pest control techniques used to resolve insect, weed, and disease problems. Implementing IPM solutions reduces human health risks while also reducing crop damage, infesting buildings, and harming animals.IPM includes a series of pest management decisions, controls, and evaluations.

Some of the prominent features offered by IPM include:

• Pest control and chemical treatments should only be used when absolutely necessary.
• Prevention steps to avoid severe problems
• the solution to overcome long-term pest problems where the chemical application has not worked
• offers a safer and healthier workplace

Rising concerns related to the harmful effects of pesticides on the environment are likely to enhance the popularity of the product. Some of the major application sectors of IPM include agriculture, commercial buildings, industrial, residential, and others. Agriculture is the largest application segment owing to the tremendous need for controlling and preventing insects from affecting crops. Weeds, diseases, and insect pests inflict enormous losses on the agricultural sector.

Apart from agriculture, IPM has significant applications in commercial buildings, industrial facilities, and the residential sector. Cockroaches, dust mites, and rodents often exist in buildings, causing severe allergic reactions. In 2006, a New York Housing Authority study revealed that a significant coalition exists between the prevalence of asthma among people and the appearance of allergens, pesticides, and pests found in housing. IPM is a powerful management solution for controlling pests and ensuring the careful use of pesticides. Pest control activities and pesticide application are regulated by the Integrated Pest Management Act and Regulations, which were amended in December 2015. The impetus behind this act limits the use of excessive pesticides. As IPM ensures the accurate use of pesticides, this is the vital factor driving the IPM market’s growth.

The IPM market is rapidly expanding its penetration into the industry, which demands the wise use of pesticides while protecting the environment from their hazardous effects. Due to high awareness regarding the hazardous effects of overusing pesticides, North America has been an early adopter of IPM solutions. Europe ranks second in the IPM market. Germany and the U.K. are the two major markets for IPM. Increasing emphasis on more productive agricultural practices is one of the most prominent factors driving market growth in the Asia-Pacific region. Similarly, the consistently expanding commercial and residential construction sectors are important drivers of market growth.

The global Integrated Pest Management (IPM) market is segmented on the following basis:

Pest Type:

• Weeds
• Invertebrates
• Pathogens
• Vertebrates

Control Method:

• Biological
• Chemical
• Mechanical and Physical
• Cultural

Application:

• Agriculture
• Commercial Buildings
• Residential
• Industrial

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe
• Asia-Pacific
  • India
  • China
  • Japan
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

Key players identified in the integrated pest management (IPM) market include but are not limited to:

Advanced Integrated Pest Management, BASF SE, Bayer CropScience LP, Ecolab Inc., SGS SA, IPM Technologies Pty Ltd., MB Integrated Pest Management Solution India Pvt. Ltd., and others