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Global Agricultural Fumigants Market Report 2024: Size, Market Share, Analysis, Regional Outlook, Growth Trends, Key Players, And Competitive Strategies Forecast To 2033
Agricultural Fumigants Global Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Agricultural Fumigants industry. This report on Agricultural Fumigants market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The agricultural fumigants market size has grown strongly in recent years. It will grow from $2.22 billion in 2023 to $2.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to rise in pest and disease management, need for food safety, rise in population, economic growth, increasing agricultural production.
The agricultural fumigants market size is expected to see strong growth in the next few years. It will grow to $3.33 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to global trade and export, rising crop losses, increasing demand for high-quality produce, rising disposable income. Major trends in the forecast period include biological fumigation, data-driven decision making, precision application, sustainable fumigants, collaboration and partnership.
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Key Market Players:
ARKEMA SA, Nufarm Limited, Solvay SA, AMVAC Chemical Corporation, UPL Chemical Co., BASF SE, Syngenta AG, Bayer AG, Marrone Bio Innovations, Valent Biosciences, FMC Corporation.
Market Drivers:
According to the Agricultural Fumigants Market Report 2023 by The Business Research Company, Major companies operating in the agricultural fumigants market are focusing on the development of innovative products such as Vynyty Citrus to control pests on citrus farms. Vynyty Citrus a container with an active liquid inside, does not generate resistance or residues in harvests or in the environment.
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Market segments for Agricultural Fumigants include:
1) By Type: Methyl Bromide, Chloropicrin, Phosphine, Metam Sodium, 1,3-Dichloropropene, Other Agricultural Fumigants
2) By Crop Type: Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Crop Types
3) By Form: Solid, Liquid, Gaseous
4) By Pest Control Method: Vacuum Chamber Fumigation, Tarpaulin, Structural, Non-Tarp Fumigation By Injection, Other Pest Control Methods
5) By Application: Warehouse & Silos, Soil
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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