Latin America Agricultural Fumigants Market

Latin America Agricultural Fumigants Market Size, Growth, Trends and Forecast:

Latin America Agricultural Fumigants Market was worth USD 0.58 Billion in 2021 and is expected to reach USD 0.78 Billion by 2026 with a CAGR of 4.98%.

Fumigation is a method for pest’s control which with vaporous pesticides/fumigants that suffocate or harm the pests inside. It is used to control bugs in structures (basic fumigation), soil, grain, and is also utilized in crop products that are imported or exported to counteract exchange of exotic organisms.

Drivers and Restraints of Latin America Agricultural Fumigants Market:

Drivers like increasing agricultural Production, growing storage technology, increasing attention towards post-harvest loss, enactment of better agricultural practices are boosting the market. Factors such as stringent regulatory conditions, the application Methodology, and high toxicity due to increasing usage of chemical ingredients are hampering the growth of the market.

Latin America Agricultural Fumigants Market Segmentation:

Latin America Agricultural Fumigants Market – By Type:

• Methyl Bromide

• Phosphine
• Chloropicrin
• Metam Sodium
• 1, 3-Dichloropropene
• others

Latin America Agricultural Fumigants Market – By Application:

• Soil
  • Nursery
  • Field
  • Transplant bed
  • Green house
• Warehouse
  • stack
  • silo

Latin America Agricultural Fumigants Market – By Form:

• Gas
• Solid
• Liquid

While Methyl Bromide accounts for majority of market share, phosphine is expected to have highest CAGR during the forecast period.

Geographical Analysis:

Based on Geography, this market is further segmented in to Brazil, Argentina and Mexico. Latin America is providing new opportunities for the market. Brazil is accounted to have a major share in the market.

Key Players:

Major players in the Latin America agricultural Fumigants 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.