Allied Market Research
published a report, titled, "Europe
Fly Control Chemicals Market for Household
Waste, by Type (Larvicide and Adulticide), Waste Treatment Method (Mechanical
Biological Treatment, and Anaerobic Digestion), Method of Application (Toxic
Bait, Dichlorvos Vaporizer, Outdoor Space-Spraying, Larvicide Sprayers, and
Others), and Active Ingredient (Organophosphorus Compounds, Pyrethroids Compounds,
Neonicotinoids, and Insect Growth Regulator): Opportunity Analysis and Industry
Forecast, 2019–2026". The report provides a
detailed analysis of the drivers & opportunities, wavering market trends,
competitive market scenario, and market size & estimates. According to the
report, the Europe fly control chemicals industry was estimated
at $1.41 billion in 2018 and is expected to hit $2.24
billion by 2026, registering a CAGR of 5.8% during the estimated period.
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Drivers, restraints and opportunities-
Rise
in waste generation and rapid increase in insects propel the growth of
the Europe fly control chemicals market. On the other hand, storage
and handling of insecticides restrains the growth to certain extent. However,
increase in stringent government regulation for waste management is expected to
provide lucrative opportunities in the industry.
The adulticide segment to lead the trail till 2026-
Based
on product type, the adulticide segment contributed to nearly three-fourths of
the Europe fly control chemicals market share in 2018 and is expected
to rule the roost throughout 2019–2026. As it is prominent type of insecticide
utilized in waste management due to large numbers of adult mosquitos and flies,
that have a greater tendency to multiply rapidly. The larvicide segment, on the
other hand, would showcase the fastest CAGR of 6.1% by 2026. This is attributed
to the fact that Europe has faced outbreaks of mosquito-borne
diseases, such as dengue and chikungunya. Due to which larvicides is used, in
order to assist municipalities from temperate areas in Europe in
effectively planning vector control programs.
Mechanical biological treatment to dominate during the estimated
period-
Based
on waste treatment method, the mechanical biological treatment held the major
share in 2018, contributing nearly three fifths of the Europe fly
control chemicals market. This is due to positive environmental externalities
comprising improved landfill efficacy, such as the positive modification of
leachate and landfill gas (LFG) production and quality. At the same time, the
anaerobic digestion is projected to register the fastest CAGR of 6.2% during
2019–2026, owing to the factors such as less sludge generation (50 times less),
saves the energy needed for aeration as compared to aerobic treatment as well
as produces a biogas such as methane.
Italy to maintain its top status during the study period-
Based
on region, Italy, accounted for one-fifth of the Europe fly
control chemicals market revenue in 2018 and is anticipated to maintain its top
status in terms of revenue. This is attributed to increase in generation of organic
waste, which correspondingly increases the adoption of insecticides.
Simultaneously, the Germany region would cite the fastest CAGR of
6.7% till 2026. This is attributed to governmental initiatives and investment
in technological development in household waste management sector.
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Leading players in the market-
- LafargeHolcim
Ltd
- BIODEGMA
GmbH
- Biffa,
Renewi PLC
- BTA
International GmbH
- Veolia
- FCC
Austria Abfall Service AG
- REMONDIS
SE & Co. KG
- AMEY
PLC
- Nehlsen
AG
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