Agricultural Fumigants Market to Record Sturdy Growth by 2026
Fumigation,
entailing the administration of a pesticide gas into the soil or air
to eliminate pests, has found widespread use in the field of
agriculture. Agricultural fumigants are injected into the soil to rid
them of soil insects, weeds, nematodes, and rodents such as moles.
Then there are fumigant pesticides used after harvest to kill small
insects and fungi in grains and crops. Structural fumigation again is
used to get rid of bed bugs and termites by filling the space inside
a structure created with a tent with a toxic gas.
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Report Overview @
A
report by Transparency Market Research provides a 360-degree overview
of the global market for agricultural fumigants. It does so after
thoroughly examining the market dynamics and their impact on the
market’s trajectory. Further, it segments the market based on
different parameters and studies each segment in details. The report
also profiles the prominent players in the market along with their
cost and revenue structure, latest developments, business strategies,
and contact information.
A
burgeoning world population that has driven up the demand for food
manifold has necessitated implementation of better agricultural
practices and arresting post-harvest loss. This has majorly
contributed to the demand for agricultural fumigants as they help in
protecting agricultural produce from pests. Countering the growth in
their market, on the other hand, are stringent regulations by
governments as the process involves the use of poisonous gases which
can cause harm to humans. In fact, fumigation is done only by
government-certified applicators.
The
different types of agricultural fumigants available in the market are
phosphine, chloropicrin, metam sodium, methyl bromide, and 1,
3-dichloropropene. Among them, the methyl bromide segment accounts
for maximum share in the market. Going forward, however, the
phosphine segment is slated to outshine all others in terms of growth
owing to its widespread usage in grain storage systems.
Depending
upon application, the global market of agricultural fumigants can
again be segmented into soil and warehouse. Of the two, the warehouse
segment holds a greater market share because of the pressing need to
bring down post-harvest losses of stored crops. Warehouse fumigation
essentially entails fumigating crops in packed or unpacked
conditions, stored in godowns, or in storage. Soil fumigants find
application in controlling growth in weed and in eliminating
parasites such as nematodes.
Among
form segments, the liquid form segment leads the market followed by
the gaseous form segment.
Depending
upon geography, the global market for agricultural fumigant can be
classified into North America, Europe, Asia Pacific, Middle East and
Africa, and Latin America. North America, among them, holds a
dominant position in the market and is predicted to steadily grow its
share in the foreseeable future. Europe trails North America in terms
of market share and is likely to expand its share substantially in
the upcoming years.
One
market worth betting on, however, would be Asia Pacific on account of
its high growth potential, powered primarily by the countries of
India, China, and Japan. Factors at the forefront of driving the
stellar growth in Asia Pacific are the swift pace of urbanization and
technological development. Besides Asia Pacific, the market in Latin
America is an upcoming one. Brazil is a key market in the region
because of being a frontrunner in adopting advanced farming and
storage methods.
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To
assess the competition prevailing in the global market for
agricultural fumigants is the report profiles companies such as BASF
SE, ADAMA Agricultural Solution Ltd., DuPont, Syngenta AG., and FMC
Corporation.
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