Agricultural Fumigants Market

Agricultural Fumigants Market Outlook (2022-2032)

The global Agricultural Fumigants Market is estimated at US$ 1 Bn in 2022 and is projected to reach a valuation of US$ 1.4 Bn by 2032, expanding at a CAGR of 2.8% through the forecast period of 2022-2032.

Agricultural fumigants are toxic and volatile compounds used to control pathogenic fungus, nematodes, and weeds. Before planting crops or trees, they are injected two feet into the earth and coated with an impermeable coating.

Attribute	Details
Agricultural Fumigants Market Size (2021A)	US$ 985.2 Mn
Market Forecast Value (2032F)	US$ 1.42 Bn
Global Market Growth Rate (2022-2032)	2.8% CAGR
North America market share	~26.2%
Top 2 Agricultural Fumigants Manufacturers’ Market Share	~38.3%
Key Companies Profiled	Arkema Group (France) Solvay group (Belgium) Eastman Chemical Company (U.S.) DEGESCH America, Inc. (U.S.) Reddick Fumigants, LLC (U.S.) Vietnam Fumigation J.S Company (Vietnam)

They can only be applied by qualified or certified applicators since they are restricted products that offer considerable health and safety concerns to exposed agricultural workers as well as environmental dangers from misapplication or accidents. Agricultural fumigants that are regularly utilised include methyl bromide, Di chloropropane, propylene oxide, dibromo chloropropane, organophosphate insecticides, and chloropicrin.

Agricultural Fumigants Consumption Analysis (2017-2021) Vs. Market Outlook (2022-2032)

As per latest industry analysis by Fact.MR, a market research and competitive intelligence provider, global Agricultural Fumigants consumption over the past half-decade increased at a CAGR of around 2.8%.

Because of the world's growing population, there is now a serious food crisis. As a consequence, there is a growing demand for novel agricultural ways to safeguard agricultural products and soil from pests, insects, rats, and moles, which is one of the primary reasons driving market expansion.

To destroy fungus in crops and grains, agricultural fumigants are injected into the soil prior to harvest. Furthermore, because there is a significant need to limit post-harvest food losses in order to ensure food security, agricultural fumigants are commonly employed post-harvest to reduce any damage caused to harvested crops by bugs, insects, and termites. Aside from that, they have a wide range of uses, including row or bed treatments, deep placement, surface sealing, plough sole application, and precision tillage.

Furthermore, market leaders are consistently supporting research and development (R&D) initiatives to create less hazardous and more efficient agricultural fumigants, resulting in a positive market outlook. Other prominent drivers driving market expansion include an increase in the global adoption of innovative farming techniques, significant technical advances in the agriculture business, and the availability of improved storage technologies.

Key Growth Drivers

With rising agricultural productivity, the need for fumigants has risen steadily throughout the years. To fulfil the increased demand for food, the United Nations Food and Agriculture Organization (FAO) predicts that agricultural output would increase by 70% by 2032. Cereal production is expected to reach 3,009 million metric tonnes by 2032. However, by 2032, agricultural crop consumption is predicted to be about 6,759 million metric tonnes.

As a result, demand for agricultural warehouses, storage technologies, and related items such as fumigants is likely to rise in the long run. Pests destroy the majority of crops in warehouses, and the use of fumigants reduces agricultural product losses. Therefore, this boosts the demand for the agricultural fumigants market across the world.

Country Wise Analysis

Why is the North America a Prominent Market for Agricultural Fumigants Sales?

North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are the five key geographies in which the agricultural fumigants market is divided. In 2022, North America is expected to have the greatest proportion of the worldwide market for agricultural fumigants. The rising reduction in arable land, adoption of improved agriculture practises, presence of key crop protection chemical manufacturers, the growing need for sustainable agriculture, and increasing adoption of fumigants in food stock warehouses are all factors contributing to this region's large share.

Category Wise Analysis

Which type of Agricultural Fumigants is Projected to Hold leading Market Share?

“Phosphine segment of Agricultural Fumigants Projected to Account for Major Share”

According to type, the phosphine fumigant segment is expected to have the highest proportion of the worldwide agricultural fumigants market in 2019. This segment's substantial share is mostly due to its rising use as an alternative to methyl bromide in both developed and developing nations. Furthermore, additional factors such as phosphine's high penetration, ease of availability, less hazardous nature, and greater efficacy when compared to other fumigants are fuelling the expansion of the phosphine fumigants market and supporting its dominance in the worldwide agricultural fumigants market.

Which form of Agricultural Fumigants is Set to Garner High Share?

“The growing applications of Agricultural Fumigant in the form of liquid will drive the overall market “

The market is divided into two types: solid and liquid. Because of its safe use and mass utilisation for all types of agricultural goods, liquid form has acquired the biggest market share, followed by gaseous form. Soluble products used to eradicate moulds, insects, and vermin, among other things, are available in liquid form. They are typically sprayed over the target land area using standard sprayers. The applicator determines the volume of solvent to be disbursed. When conducted in either enclosed chambers or entirely open outdoor regions, this type of fumigation is generally regarded as the safest. To manage insects and other pests, solid form involves the use of powder, pellets, and tablets. It is the safest of the three forms owing to its ease of sprinkling and lower chances of exposure to gases upon application. It is also considered comparatively safer for the environment in most regions across the globe.

Competition Landscape

The key players operating in the global agricultural fumigants market are Dow Chemical Company, Syngenta International AG, Nufarm Limited, AMVAC Chemical Corporation, ADAMA Agricultural Solutions Ltd., BASF SE, UPL Limited, Marrone Bio Innovations, Inc., Isagro S.p.A., Arkema Group, Solvay group, Eastman Chemical Company, DEGESCH America, Inc., Reddick Fumigants, LLC, and Vietnam Fumigation J.S Company.

Key Segments Covered in Agricultural Fumigants Industry Survey

• By Type:

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

• By Form:

  • Solid
  • Liquid
  • Gas

• By Crop Type:

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

• By Application:

  • Soil
  • Warehouse

• By Pest Control Method:

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

• By Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Rest of APAC
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa