Agricultural Fumigants Market by Type (Phosphine, Chloropicrin, Telone, Metam Sodium), Application (Warehouse, Soil), Form (Liquid, Solid), Pest Control Method (Tarpaulin Fumigation, Structural Fumigation (Tent)), and Crop Type – Global Forecast to 2025
Pune, India – January 17, 2020 /MarketersMedia/ —
In order to fulfill the food demand of the growing population, advanced productive agricultural materials are required. Over the last several decades, there have been tremendous efforts followed to improve agricultural yields through adoption of new technologies and use of crop protection products. The crop protection products including phosphine, chloropicrin, 1,3-dichloropropene, and metam sodium, among others are used to suppress, control or repel pests attacking seeds, seedling, plants, and stored agriculture commodities. The innovation and adoption of the advanced fumigators and safety measures have boosted the application of fumigants in soil and in closed structures.
Meticulous Research® in its latest publication on Global Agriculture Fumigants Market states that the global agriculture fumigants market will increase at a CAGR of 4.6% from 2019 to 2025 to reach $1.9 billion by 2025. The growth of this market is mainly attributed to the adoption of improved agricultural practices and advancement in storage technology, rising reduction in arable land, growing need to increase agriculture production, increasing post-harvest losses, and high prevalence of pest attacks.
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To provide efficient analysis, Meticulous Research® has segmented this market on the basis type (phosphine, chloropicrin, 1,3-dichloropropene, metam sodium, and others), application (warehouse and soil), form (liquid, solid, and gaseous), crop type (grains and cereals, oilseeds and pulses, fruits & vegetables, turf & ornaments, and other), and pest control method (tarpaulin fumigation, structural fumigation (tent), vacuum chamber fumigation, and others). The study also evaluates industry competitors and analyzes the market at the regional and country level.
Based on type, phosphine fumigant is estimated to hold the largest share of the global agricultural fumigants market in 2019, which is attributed to its increasing usage in both developed and developing countries as an alternative to methyl bromide. Moreover, factors such as phosphine’s high degree of penetration, easy availability, less toxic nature, and more effectiveness as compared to other fumigants are further propelling the growth of phosphine fumigants market.
Based on form, solid form agricultural fumigants market is expected to grow at the fastest CAGR during the forecast period, due to solid form’s growing use due to its easy handling, safe applications, and least poisonous nature. Also, factors such as its eco-friendly nature and high effectiveness in the storage fumigation over the liquid and gaseous form fumigants are further propelling demand for solid form.
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Key Topics Covered In report::
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
3.1. Introduction
3.2. Product Analysis
3.3. Regional Analysis
3.4. Key Players
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Adoption of Improved Agricultural Practices and Advancement in Storage Technology
4.2.2. Rising Reduction in Arable Land
4.2.3. Growing Need to Increase Agriculture Production
4.2.4. Increase in Post-Harvest Losses
4.2.5. High Prevalence of Pest Attacks
4.3. Restraints
4.3.1. Stringent Government Regulations
4.3.2. Human and Environmental Hazards with the Use of Chemical Fumigants
4.3.3. Growing Organic Farming and Demand for Organic Foods
4.3.4. Emergence of Alternatives to Chemical Fumigants
4.4. Opportunities
4.4.1. Emerging Economies: Asia Pacific and Latin America
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Geographical Overview::
Geographically, the global agricultural fumigants market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia-Pacific is expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly attributed to the high consumption of pesticides, the huge area under crop cultivation, growing need to minimize loss due to pest attacks, government initiatives to increase grain production, and storage of large quantity of agriculture commodities in warehouses or storage structures.
Key Players::
key players operating in the global agricultural fumigants market are Dow Chemical Company (U.S.), Syngenta International AG (Switzerland), Nufarm Limited (Australia), AMVAC Chemical Corporation (U.S.), ADAMA Agricultural Solutions Ltd. (Israel), BASF SE (Germany), UPL Limited (India), Marrone Bio Innovations, Inc. (U.S.), Isagro S.p.A. (Italy), Arkema Group (France), Solvay group (Belgium), Eastman Chemical Company (U.S.), DEGESCH America, Inc. (U.S.), Reddick Fumigants, LLC (U.S.), and Vietnam Fumigation J.S Company (Vietnam), among others.
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