Comprehensive Report on Global Agricultural Fumigants Market By Knowledge Sourcing Intelligence
Agricultural Fumigants Market: Phosphine Anticipated to Have Significant Market Share
Introduction
Fumigants are
chemicals used for controlling pests and insects from destroying agricultural
lands. According to industry research, the agricultural fumigants market is
segmented by type, form application, crop type, and geography. By type, the
market is segmented into phosphine, metam sodium, chloropicrin, and others. By
form, the market is segmented into solid, liquid, and gas. By application, the
market is segmented into soil and warehouse and silos. By crop type, the market
is segmented into fruits and vegetables, grains and cereals, and oilseeds and
pulses.
Drivers and restraints of Agricultural Fumigants Market
The growing adoption
of improved agricultural practices along with better storage management of
crops & grains to increase the production yield is driving the agricultural
fumigants market growth. Further, rising cases of pest attacks and post-harvest
losses are also boosting the demand for agricultural fumigants worldwide.
Technological advancements in the field of agriculture are further boosting the
growth of the market. However, stringent government regulations regarding human
health and environmental concerns with the use of chemical fumigants are
hindering the growth of the agricultural fumigants market. The emerging trend
towards organic farming practices is another factor that is restraining the
growth of the agricultural fumigants market.
Market Segmentation
By type, phosphine
is anticipated to have a significant market share on account of its wide-scale
usage in warehouses and thereby increasing the agricultural fumigants market
size. It protects the harvested crops from insects and other pest attacks. By
form, the liquid segment is expected to have a significant market share and
also expected to grow at a rapid pace in the coming years. The market growth is
projected owing to stringent regulations regarding the usage of gas
agricultural fumigants due to their harmful impacts on both human health and
the environment. By application, the warehouse and silos segment is expected to
have a significant market share owing to restrictions on the use of soils. Only
authorized persons can use the agricultural fumigants on the soil. By crop
type, grains and cereals segment is expected to have a significant market share
due to the increasing usage of fumigants to enhance the life of the grains in
warehouses.
Geographically,
North America region is expected to have a significant market share of the global
agricultural fumigants market share. The market share is projected on
account of the wide-scale usage of fumigants in both soil and warehouses. The
Asia Pacific is projected to witness substantial growth during the period owing
to the huge agriculture sector in Countries like India coupled with the rising
demand for food.
The agricultural
fumigants market is fragmented with hundreds of manufacturers. The players are
expanding globally to mirror their customers’ requirements. As a result, they
are increasingly integrating with other players. The key players include
Corteva Agriscience, Syngenta, BASF SE, Arkema Group, Isagro, The DOW Chemical
Company, and FMC Corporation among others.
Key Questions Answered in This Report:
- · What are the key regions having a significant market share?
- · What are the drivers and restraints of the market?
- · Who are the key market players in the market?
- · What is the market segmentation of the agricultural fumigants market?
- · What are the applications of the market?
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