What is Global Agricultural Fumigants Market?
The Global Agricultural Fumigants Market is a vast and dynamic sector that plays a crucial role in the agricultural industry. Fumigants are used to control pests in soil and stored products. They are volatile substances that, when applied, release gases toxic to the targeted organisms. The global market for these agricultural fumigants is substantial and continues to grow. As of 2022, the market was valued at US$ 976 million. It is projected to reach a value of US$ 1179.8 million by 2029, growing at a compound annual growth rate (CAGR) of 2.7% from 2023 to 2029.
1,3-Dichloropropene, Chloropicrin, Methyl Bromide, Metam Sodium, Phosphine, Others in the Global Agricultural Fumigants Market:
The Global Agricultural Fumigants Market is segmented based on different types of fumigants, including 1,3-Dichloropropene, Chloropicrin, Methyl Bromide, Metam Sodium, Phosphine, and others. 1,3-Dichloropropene is the largest segment in this market, accounting for over 25% of the total market share. Each of these fumigants has unique properties and uses. For instance, 1,3-Dichloropropene is a soil fumigant used to control nematodes, while Chloropicrin is used for soil fumigation and for the treatment of stored products. Methyl Bromide, a broad-spectrum fumigant, is used for soil fumigation, quarantine, and pre-shipment purposes. Metam Sodium is used as a soil sterilant, while Phosphine is used for the fumigation of stored grain. The other fumigants in the market also have specific uses in the agricultural industry.
Soil Consumption, Warehouse Consumption in the Global Agricultural Fumigants Market:
The Global Agricultural Fumigants Market is also segmented based on the area of usage, including Soil Consumption and Warehouse Consumption. Soil fumigants are used to manage soil-borne pests such as nematodes, fungi, bacteria, insects, and weeds. They are applied before planting to create a pest-free environment for the crops. On the other hand, warehouse fumigants are used to protect stored products from pests. They are applied in a gaseous state and penetrate the stored products to kill the pests. Both soil and warehouse fumigants play a crucial role in ensuring the quality and quantity of agricultural produce.
Global Agricultural Fumigants Market Outlook:
To recap, the Global Agricultural Fumigants Market was valued at US$ 976 million in 2022 and is expected to reach US$ 1179.8 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. The market is segmented based on the type of fumigant and the area of usage. The largest segment in terms of product is 1,3-Dichloropropene, which accounts for over 25% of the total market. The market is also segmented based on the area of usage, including Soil Consumption and Warehouse Consumption. Both these segments play a vital role in the agricultural industry, ensuring the quality and quantity of agricultural produce.
Report Metric | Details |
Report Name | Agricultural Fumigants Market |
Accounted market size in 2022 | US$ 976 in million |
Forecasted market size in 2029 | US$ 1179.8 million |
CAGR | 2.7% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | DuPont, AMVAC, ADAMA Agricultural, FMC Corporation, BASF, Syngenta, UPL Group, Detia-Degesch, Ikeda Kogyo, Arkema, Lanxess, Eastman, Solvay, ASHTA Chemicals, Jiangsu Shuangling, Dalian Dyechem, Shenyang Fengshou, Jining Shengcheng, Nantong Shizhuang, Limin Chemical, Lianyungang Dead Sea Bromine |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |