Agricultural fumigants market is estimated at USD 1.59 billion in 2017and is projected to reach USD 1.94 billion by 2022, growing at a CAGR of 4.10%.
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The key players in the Agricultural Fumigants Market include – BASF SE (BASF) (Germany), Syngenta AG (Syngenta) (Switzerland), ADAMA Agricultural Solutions Ltd. (ADAMA) (Israel), The Dow Chemical Company (Dow Chemicals) (US), FMC Corporation (FMC) (US), United Phosphorus Limited (UPL) (India), Degesch America, Inc. (Degesch) (US), Nufarm Limited (Nufarm) (Australia), American Vanguard Corporation (American Vanguard) (US), Nippon Chemical Industrial CO., LTD (Nippon) (Japan), Arkema Group (Arkema) (US), Rentokil Initial plc. (Rentokil) (UK).
Agricultural fumigants market is driven by the increasing quality and safety concerns about the agricultural produce among consumers, growing focus on increasing agricultural production, and inclination toward post-harvest losses.
Increasing tolerance to several fumigants and ban on certain fumigants have been considered as the restraining factors for the market.
- Agricultural fumigant manufacturers, suppliers, and formulators
- Agricultural fumigant traders, suppliers, and distributors
- Professional agricultural fumigant providers, associations, and industry bodies
- Research and development organizations
- Government authorities and agencies related to public health, environment, and agriculture
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One of the major drivers for the growth of the chloropicrin segment is contributed by its broad-spectrum activity against a wide range of pests ranging from nematodes, weed seeds, insects, bacteria, and soil-borne fungus diseases. It is increasingly used as a soil agricultural fumigant which has led to the growing demand for chloropicrin agricultural fumigants for better crop production and reduced post-harvest losses.
Also, the restricted use of fumigants such as methyl bromide due to the phasing out of this fumigant in several countries has further supported the growth of chloropicrin in the agricultural fumigants market.
One of the drivers for the growth of the fruits &vegetables segment is the increasing focus on the protection of fresh fruit from pest infestation during its export and import. Also, fumigation of such perishable produce is of prime importance to meet its increased demand, globally.
The increased demand for fruits & vegetables further supports the growth of the agricultural fumigants market.
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The agricultural fumigants market has been segmented on the basis of product type, crop type, application, pest control method, and region which are further divided into their subsegments. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW).
In terms of insights, this research report has focused on various levels of analyses-industry analysis, company profiles of top players, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the agricultural fumigants market, high-growth regions, countries, drivers, restraints, and opportunities.
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