Global Agricultural Fumigant Market – Industry Trends and Forecast to 2029

Global Agricultural Fumigant Market, By Product Type (Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, 1,3-Dichloropropene and Others), Application (Soil and Warehouse), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetable and Others), Pest Control Method (Tarpaulin Fumigation, Non-Tarp Fumigation by Injection, Structural Fumigation, Vacuum Chamber Fumigation and Others) – Industry Trends and Forecast to 2029

Agricultural Fumigant Market Analysis and Size

The agricultural fumigant syndicate is expected to behold the increment due to some factors such as progressing population, as well as improving the earning of people, and the market demand for food is expected to boost the market. The need for grains is inclined to boost the market which registers a constraint for rising agricultural fertility to serve the leading trade of the global group. Agricultural fumigants are widely used to kill pests and increase in agriculture productivity. Increasing awareness among the farmers is adding the beneficial growth of the agricultural fumigant market. On the other hand, numerous agricultural fumigants have been removed from the treatment which is no longer use and which may obstruct the market growth rate during the forecast period.

Data Bridge Market Research analyses that the agricultural fumigant market was valued at USD 2.20 billion in 2021 and is expected to reach USD 3.16 billion by 2029, registering a CAGR of 4.65% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

Agricultural fumigants are used for the protection of crops. It removes pathogens such as nematodes, weeds and fung from the soil and ensures the growth of the agricultural crops. These fumigants are useful for pre-harvest as well as post-harvest and highly effective in reaching out to the pests. The most used agricultural fumigants include 1, 3-Dichloropropene, phosphine, methyl bromide, chloropicrin, metam sodium and others. They are available in different forms such as gas, solid and liquid which is applicable to both warehouse and soil.

Global Agricultural Fumigant Market Dynamics

Drivers

• High demand agricultural fumigant in agrochemical industry

The growth of the global agricultural fumigant market is expected to be influenced by rising demand of fumigant from several end user industries such as agrochemical industry. Agricultural fumigant has majorly contributed to the agricultural because they help in protecting the agricultural produce from pests. 

• Rise in focus on the reduction of post-harvest losses

Reduction of post-harvest food losses is an important part for ensuring food security. Post-harvest losses ascend from freshly harvested agricultural produce which is changing the handling. Post-harvest losses can be escaped by undertaking fumigation for pest prevention. For instance, the deterioration of citrus post-harvest has controlled by fumigation of ammonia. Thus, the fumigation technology aids in preventing post-harvest losses to preserve the quality of agricultural commodities.

Moreover, increase in the use of fumigants for the storage and production of cereals, advancements in the storage technology and change in farming practices boost the market growth. The rise in focus on improved fumigant efficiency in terms of application and the reduction of post-harvest losses, are expected to influence the growth of the agricultural fumigant market.

 Opportunities

• Rising advancements in agrichemical sector

The advancements of the manufacturing of the product and in the agrochemical industries has augmented the sales of agricultural fumigant effectiveness against a variety of pests which are expected to drive the demand for agricultural fumigant products for such advanced pesticides. The advancement of products in this sector will increase the demand of agricultural fumigant which will create beneficial opportunities for the growth of the market.

Furthermore, an increase in insect population due to climate change will act as a driver for the agricultural fumigants. Also, developing economies are expected to witness high demand for the fumigants in the forecast period which will create immense opportunity for the growth of the agricultural fumigants market.

Restraints/Challenges

• Associated side effects and stringent regulations

Stringent regulations and increase in residue during the fumigation are expected to obstruct the market growth. Also, some side effects such as loss of appetite, dizziness, headache, emphysema and vomiting due to the exposure to agricultural fumigant chemical compound are hindering its usage in agriculture applications, thereby, hindering the growth of the agricultural fumigant. Market.

This agricultural fumigant market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agricultural fumigant market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Agricultural Fumigant Market

The outbreak of COVID-19 impacted various manufacturing industries as it led to the closure of disruption of supply chains, workplaces and restrictions in the transportation. Numerous countries such as India, Brazil China, and many other countries imposed lockdown in this phase which led to the shutdown of manufacturing and production activities. The agrochemical industry witnessed a slump in the revenue which in turn had a moderate impact on the agricultural fumigant market which slightly affected the growth of the targeted market

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Agricultural Fumigant Market Scope

The agricultural fumigant market is segmented on the basis of product type, application, crop type and  pest control method. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Methyl Bromide
• Phosphine
• Chloropicrin
• Metam Sodium
• 1,3-Dichloropropene
• Others

 Application

• Soil
• Warehouse

 Crop Type

• Cereals and Grains
• Oilseeds and Pulses
• Fruits and Vegetable
• Others

 Pest Control Method

• Tarpaulin Fumigation
• Non-Tarp Fumigation by Injection
• Structural Fumigation
• Vacuum Chamber Fumigation
• Others

Agricultural Fumigant Market Regional Analysis/Insights

The agricultural fumigant market is analysed and market size insights and trends are provided by country, product type, application, crop type and  pest control method as referenced above.

The countries covered in the agricultural fumigant market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the agricultural fumigant market in terms of revenue due to several macro-economic factors, such as collective availability and awareness regarding the use of these products as crop protection techniques.

North America is anticipated to be the fastest developing region during the forecast period because of being a frontrunner in adopting advanced storage methods and farming methods in this region

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Agricultural Fumigant Market Share Analysis

The agricultural fumigant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agricultural fumigant market.

Some of the major players operating in the agricultural fumigant market are:

• LAXNESS (Germany)
• BASF SE (Germany)
• DOW (U.S.)
• Arkema, (France)
• Syngenta (Switzerland)
• ADAMA (Israel)
• Trinity Manufacturing, Inc. (U.S.)
• Bayer AG (Germany)
• Solvay (Belgium)
• Merck KGaA (Germany)
• FMC Corporation (U.S.)
• Anhui Guangxin Agrochemical Co., Ltd. (China)
• UPL Limited (India)
• Rentokil Initial plc (U.K.)
• Chemtura Corporation (U.S.)
• DAI (U.S.)
• AMVAC Chemical Corporation (U.S.)
• Reddick Equipment Company of NC (U.S.)
• Nippon Chemical Industrial Co., Ltd. (Japan)
• Arysta LifeScience Limited  (India)