Agricultural Fumigants Market

Agricultural Fumigants Market Size & Growth (2022 - 2027):

Agricultural Fumigants Market was worth USD 1.6 Billion in 2021 and is expected to reach USD 2.0 Billion by 2026 with a CAGR of 4.65%. This market is expected to grow significantly during the forecast period.

Fumigation is a technique for pest control wherein a pesticide gas is infused into the soil or discharged into the air to kill pests. Pests, for example, bed bugs and termites can be killed by basic fumigation. Soil fumigation is commonly carried to treat agricultural fields.  Agricultural fumigants are infused into the soil and dissolved in the water by moving in between the soil spaces. This results in killing the pests.

Agricultural Fumigants Market Drivers:

Raising agricultural Production, growing storage technology, increasing attention towards post-harvest loss, enactment of better agricultural practices are the major factors driving the growth of the market. Stringent regulatory conditions coupled with the application Methodology, high toxicity due to increasing usage of chemical ingredients are limiting the growth of the market.

AGRICULTURAL FUMIGANTS MARKET REPORT COVERAGE::

Market Segmentation:

The Agricultural Fumigants Market is segmented based on

• Type
• Application
• Form

Based on Type: The market is segmented into Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, 1, 3-Dichloropropene and others.

Based on the Application: The market is segmented into Soil and Warehouse. Soil is further segmented into Nursery, Field, Transplant bed, Greenhouse and warehouse is further segmented into stack and silo.

Based on Form: The Market is segmented into Gas, Solid, and Liquid. While Methyl Bromide accounts for the majority of market share, phosphine is expected to have the highest CAGR during the forecast period.

Based on Geography, this market is further segmented into

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

North America has the largest share in the market and is expected to expand steadily during the forecast period. Asia-Pacific is expected to show the highest CAGR during the forecast period.

Key Players:

Major players in the market are BASF SE, E.I. DuPont De Nemours & Company, Syngenta AG, ADAMA agricultural solution ltd., Dow chemical company, Reddick Fumigants, Degesch America, Inc., and FMC Corporation.