Growing Demand Drives Development And Growth In The Global Market Of Agricultural Fumigants

Author : Acumen Research and Consulting

The global agricultural fumigants market is segmented into product, application, form and region. Product based segmentation of the global agricultural fumigants market is further classified as 1,3 Dichloropropene, Chloropicrin, Dimethyl Disulfide, Methyl Bromide, Metam Potassium, Metam Sodium, Phosphine, and Others. The global agricultural fumigants market is further divided into soil and others on the basis of application based segmentation. The categories that fall under the form based segmentation of the global agricultural fumigants market include solid, liquid, and gas. On the basis of region the global agricultural fumigants market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

Phosphine is the most prevailing product, which is broadly utilized in closed warehouses to shield the collected harvests from bugs and other pest attacks. Agricultural soil fumigants fall under confined use category of pesticides and this specifically suggests every one of the products must be utilized by approved applicators over the globe. Liquid variation is the most dominant form and is foreseen to observe the quickest development contrasted with its partners.

The global agricultural fumigants market is driven by developing necessities relating to crop protection techniques and harvest practices. It is expected that the market will be growing at a CAGR of 5.4% reaching a market size of 1.3 billion by the year 2026.

Here are some more points to help explain further about the global agricultural fumigants market:

  • In regard with volume utilization and consumption, as much as 34.7% market share was held by North America in 2018. The dominance is owing to the different multiple crop protection chemical manufacturers present there and the requirement for maintainable agribusiness is regularly developing. Additionally, cultivation is secured due to various controls managed by the region. The makers are constrained to cling to the built up rules to guarantee manageability of the product and to accomplish maximum output.
  • The quickest developing regional segment over the estimate time frame is expected to be the Asia- Pacific region. This is due to the macro-economic elements, for example, increasing accessibility and mindfulness regarding usage of these products as a crop protection technique. Additionally, cheap labor has increased the number of manufacturers in turn pushing the development even further.
  • Europe is one of the huge consumers of pesticides and partners by virtue of its developing agribusiness industry, supported via accessibility and reasonable climate conditions that lead to the tremendous creation of various products.
  • The significant players associated with the global agricultural fumigants market include Novozymes; Bayer CropScience AG; ArystaLifeScience Limited; The Dow Chemical Company; Trinity Manufacturing, Inc.; Great Lakes Solutions; Arkema; BASF SE; AMVAC Chemical Corporation; Syngenta AG and Chemtura Corporation.

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