The global agricultural fumigants market was valued at US$1.463 billion in 2017 and is expected to grow at a CAGR of 5.03% to reach a market size of US$1.871 billion by the year 2022.
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According to MarketIntelReports' “Global Agricultural Fumigants Market by Manufacturers, Regions, Type and Application, Forecast to 2021.
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Agricultural fumigants are injected into the soil to kill pests. They can be used on grains and other crops post harvest to curb the attacks of insects, mites, ticks, nematodes,.
The fumigation chemicals used are Methyl Bromide, Phosphine, and Metam Sodium. Increasing demand for agricultural commodities and changing farming practices drive the demand for the Agricultural Fumigants Market.
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Degradation of soil and increased modern farming practices will boost the growth of pest control services. The high growth potential in emerging regions will provide growth opportunities for the market players.
Scope & Regional Forecast of the Agricultural Fumigants Market
The increasing awareness among the farmers about contamination free food propels the demand for pest management. The growing concerns for saving post for saving post harvest crops has improved the storage technology.
This has driven the Agricultural Fumigants Market. Strict regulations from the government about the product use may hamper the demand for fumigation procedure.
The liquid form of the fumigation agent has the highest market share. It is followed by gaseous form due to its safe application in usage for agricultural commodities.
The termite fumigation process which is used after post harvest of a crop can protect the crop from the damage caused by an insect.
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North America has the highest share in the Agricultural Fumigants Market. This is due to the awareness among the farmers to protect the crops from insects, nematodes, and rodents.
But Asia Pacific is expected to show the highest growth due to growing agricultural practices in India, China, and Indonesia.
Fumigation which is applied during preharvest of crops reduces growth of weeds and kills parasites. Lain America will have a prominent foothold in the market since Brazil follows advanced agricultural practices.
Segmentations and Key Players Involved in the Agricultural Fumigants Market
- Product Type- 1, 3-Dichloropropene, Chloropicrin, Methyl Bromide, Metam Sodium, Phosphine, and Others.
- Application- Warehouse Consumption
- Region- North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Latin America, Middle and Africa
Some of the key players involved in the Agricultural Fumigants Market are as follows:
- ADAMA Agricultural
- FMC Corporation
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