The Agricultural Fumigants Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Agricultural Fumigants Market is estimated to be USD 1,396.58 million in 2016 and predicted to rise to USD 1,748.74 million by 2021 with a CAGR of 4.6 %. The market is segmented by Type (Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, 1, 3-Dichloropropene), by Application (Soil (Nursery, Field, Transplant bed, Green house) and Warehouse (stack and silo)), by Form (Gas, Solid, Liquid) and by region – Global Industry Analysis, Size, Share, Growth, Trends and forecasts (2016-2021). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
Major drivers boosting the growth of the market are increasing agricultural Production, growing storage technology, increasing attention towards post-harvest loss, enactment of better agricultural practices. Stringent regulatory conditions coupled with the application Methodology, high toxicity due to increasing usage of chemical ingredients are the major restraints of the market.
While Methyl Bromide accounts for majority of market share, phosphine is expected to show highest CAGR during the forecast period. The highest growth of the phosphine market is mainly attributed due to increasing usage in grain storage systems. Ware house market is witnessing the highest demand during the forecast period due to increasing need for reduction of post-harvest losses of stored crops.
North America has a largest share in the market due to presence of key players in the market. Asia-Pacific is showing an immense potential for the growth of the market. Increasing technological advancement, developing farming practices, increasing storage technologies are the factors driving the demand for agricultural fumigants in the Asia-Pacific region.
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.
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-agricultural-fumigants-market-1818/” and checkout our recent reports in the “Agrochemicals” category at “http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.