Agricultural Fumigants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global agricultural fumigants market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.94% during 2022-2028.
Agricultural fumigants are volatile and poisonous substances used to control disease-causing fungi, nematodes, and weeds. They are injected two feet into the ground and covered with an impermeable film before crops or trees are planted. As they are restricted materials that cause significant health and safety risks to exposed agricultural workers and environmental risks from misapplication or accidents, they can only be applied by trained or certified applicators. Some of the commonly used agricultural fumigants include methyl bromide, dichloropropane, propylene oxide, dibromochloropropane, organophosphate insecticides, and chloropicrin.
Agricultural Fumigants Market Trends:
There is currently a significant shortage of food worldwide due to the increasing global population. This has resulted in a rising need for adopting innovative agricultural methods to protect agricultural produce and soil from pests, insects, rodents, and moles, which represents one of the key factors strengthening the growth of the market. Agricultural fumigants are inserted in the soil pre-harvest to kill fungi in crops and grains. Moreover, as there is a considerable need to minimize post-harvest food losses for ensuring food security, agricultural fumigants are widely utilized post-harvest to reduce any damage caused to harvested crops from bugs, insects, and termites. Apart from this, they find extensive applications in a row or bed treatments, deep placement, surface sealing, plow sole application, and precision tillage. Furthermore, leading players are continuously funding research and development (R&D) activities to introduce less toxic and more efficient agricultural fumigants, which is creating a favorable market outlook. Some of the other major factors propelling the market growth include an increase in the adoption of unique farming practices across the globe, considerable technological innovations in the agricultural industry, and the availability of advanced storage technology.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global agricultural fumigants market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, crop type, application and pest control method.
Breakup by Type:
Methyl Bromide
Chloropicrin
Phosphine
Metam Sodium
1,3-Dichloropropene
Others
Breakup by Form:
Solid
Liquid
Gas
Breakup by Crop Type:
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others
Breakup by Application:
Soil
Warehouse
Breakup by Pest Control Method:
Tarpaulin Fumigation
Non-Tarp Fumigation by Injection
Structural Fumigation
Vacuum Chamber Fumigation
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AMVAC Chemical Corporation, Arkema, BASF SE, Corteva Inc., Detia Degesch GmbH, FMC Corporation, Lanxess AG, Nippon Chemical Industrial Co. Ltd., Nufarm, SGS SA, Syngenta AG (China National Chemical Corporation), Trinity Manufacturing Inc. and UPL Limited.
Key Questions Answered in This Report:
How has the global agricultural fumigants market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global agricultural fumigants market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the form?
What is the breakup of the market based on the crop type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the pest control method?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global agricultural fumigants market and who are the key players?
What is the degree of competition in the industry?