Liquid Termiticides Market Analysis

Application (Pre-Construction, Post-Construction)

The post-construction segment in the liquid termiticides market is estimated to gain the largest revenue share of about 58% in the year 2037. The growth of the segment can be attributed to the increasing use of fall ceiling plywood and sheets, and stored wood items. The growing use of wooden doors and windows for homes and bathrooms is estimated to drive market segment growth during the forecast period. The wooden doors and windows value in the year 2020 was estimated to increase by more than 1% each year with the estimations to reach more than USD 13 billion in the U.S. The increasing use of cartons, books, and tissue papers for various applications in the kitchen is estimated to drive market segment growth.  The number of tissues consumed worldwide as of 2021 was more than 40 million tons as per the estimations.

End-User (Domestic, Construction, Industrial)

Liquid termiticides market from the construction segment is expected to garner a significant share of around 28% in the year 2037. The rising urbanization across the world with increasing construction is estimated to propel market segment growth. The increasing number of construction buildings for residential purposes with rising migration rates is also estimated to drive the market segment growth in the coming years. The wooden furniture value across the globe was estimated to be more than USD 350 billion by the end of 2020 as per the estimations.

Our in-depth analysis of the global market includes the following segments: