It is anticipated to register a CAGR of 5.0% over the forecast period. Increasing demand of chloropicrin, 1,3-dichloropropene, phosphine, and metam sodium globally are the key driving forces for the market. The Global Agricultural Fumigants Market size is projected to reach USD 1.25 billion by 2025, according to a new report by Grand View Research, Inc.
It is recommended to have professional applicators due to the hazardous characteristics of majority of the fumigants, especially dimethyl sulfide and chloropicrin. In economies that are majorly dependent on agricultural services and practices, the applicators are more often than not, government-appointed, or manufacturer deputed depending upon the nature of availability.
The importance of these products in reducing post-harvest losses is anticipated to be a key driver for the agricultural fumigants market. According to a report submitted by the World Health Organization (WHO), it has been observed that over one-third of food is wasted or lost due to improper storage. Reducing these losses may lower the pressure on agriculture industry to meet the dietary requirements of a growing population. Moreover, it shall also reduce the exploitation of other sustainable natural resources.
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Fumigants that belong to the family of insecticides have been approved for the storage of food grains by the World Health Organization. The organization also carries out annual reviews to assess the toxicity of the existing products as well as the new products introduced in the market. The post-harvest phase, including storage and transportation, involves the use of fumigants for reducing storage losses.
Top Players of Agricultural Fumigants Market:
Manufacturers such as BASF, Arkema, and AkzoNobel have integrated their operations by combining the manufacturing their chlor-alkali products along with formulating fumigants. Some of the key participants in agricultural fumigants market are Arkema, Syngenta AG, Dow AgroSciences, and UPL among others.
Market Segmentation of Agricultural Fumigants Market:
The Global Agricultural Fumigants Market segmented on the basis of Products, Application, Form, and Region.
By Product:
1,3 Dichloropropene
Chloropicrin
Dimethyl Disulfide
Methyl Bromide
Metam Potassium
Metam Sodium
Phosphine
By Application:
Soil
Others
By Form:
Solid
Liquid
Gas
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
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