Phosphine Fumigants Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Global Phosphine Fumigants Market: By Fumigant Type (Calcium Phosphide, Aluminum Phosphate, Magnesium Phosphide, Others), By Crop Type (Fruits and Vegetables, Cereals and Grains, Others), By Formulation (Liquid Formulation, Solid Formulation), By Application (Warehouses, Raw Agricultural Commodities, Stored Processed Food, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

Market Outline: Phosphine Fumigants Market
Fumigation is the process of controlling the growth of pests by filling a complete area with fumigants to suffocate or poison the pests. Phosphine fumigants are widely preferred in fumigation process to control the rodent, insect, and rabbit infestation in the stored grains. The major advantage of phosphine fumigants is that insects are controlled without moving the grains. Phosphine fumigants kill insecticides slowly by releasing phosphine gas. Most commonly used phosphine fumigants are magnesium, aluminum, and calcium phosphides. They can be used in processed food, agriculture commodities, and warehouses among others.

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Market Dynamics: Phosphine Fumigants Market
Increase in the insects in agriculture crops due to climatic changes, rise in awareness about novel fumigation technologies, phasing out of methyl bromide fumigants, and low cost of phosphine fumigants are anticipated to fuel the phosphine fumigants market over the forecast period. Moreover, increase in the R&D activities for the innovation of newer products, rise in preference for improving the crop yield with better quality, and growing focus on post-harvest and processing loss are anticipated to propel the phosphine fumigants market. However, stringent regulatory policies for product approval, adverse effects associated with phosphine fumigants, and evaporative nature of the products are expected to restrain the growth of phosphine fumigants market.

Market Scope: Phosphine Fumigants Market
Phosphine fumigants market is segmented on the basis of fumigant type, crop type, formulation type, application, and region
Based on the fumigant type, the market is segmented into the following:
• Calcium Phosphide
• Aluminium Phosphate
• Magnesium Phosphide
• Others
Based on the crop type, the market is segmented into the following:
• Fruits and Vegetables
• Cereals and Grains
• Others
Based on the formulation type, the market is segmented into the following:
• Solid
• Liquid

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Based on the application, the market is segmented into the following:
• Warehouses
• Raw Agricultural Commodities
• Stored Processed Food
• Others
Based on region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Summary: Phosphine Fumigants Market
The advantages of phosphine fumigants compared with other agriculture fumigants is a key factor to increase in the revenue of phosphine fumigants market. Increase in R&D activities for development of newer phosphine fumigants with low cost is also expected to propel the growth of phosphine fumigants market. In addition, increase in the demand for quality food products with better yield and change in farming practices drives the market over the forecast period. Moreover, acquisitions and mergers, collaborations, business expansion, and product launchings are the key strategies followed by the market players for generating more revenue in phosphine fumigants market. For instance, in October 2014, Cytec Industries Inc. expanded its phosphine fumigation business in Canada by completing the Welland manufacturing plant that doubles the company’s phosphine and phosphine products manufacturing capacity.

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Regional Analysis: Phosphine Fumigants Market
Geographically, phosphine fumigants market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America phosphine fumigants market driven by increase in the agriculture production such as fruits and vegetables, increase in awareness about modern techniques in fumigation, and rise in preference for food safety in consumers. Europe phosphine fumigants market has a lucrative growth due to increase in the production and storage of agriculture products such as cereals & grains, food safety concerns, and change in agriculture farming practices are anticipated to fuel the phosphine fumigants market. Asia Pacific phosphine fumigants market is poised to grow healthy CAGR owing to increase in trading of agriculture products majorly in China, rise in dependence on agriculture farming, and increase in the food consumption. Latin America phosphine fumigants market has a significant share owing to change in farming practices, increase in agriculture production in Brazil and Mexico, rise in demand for quality food products in the region. Middle East and Africa phosphine fumigants market is growing due to rise in awareness about crop protection and expansion of business by market players into the region.

Competition Assessment: Phosphine Fumigants Market
Some of the players in the global phosphine fumigants market include:
• BASF SE (Germany)
• ADAMA agricultural solution ltd. (Israel)
• Ikeda Kogyo Co. Ltd. (Japan)
• Degesch America Inc. (U.S.)
• Cytec Solvay Group (U.S.)
• Nufarm Limited (Australia)
• United Phosphorus Ltd. (U.S.)
• Rentokil Initial Plc (U.K.)

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