Agricultural Fumigants Market - Forecasts from 2019 to 2024

The agricultural fumigants market is projected to grow at a CAGR of 3.71% to reach US$1,630.624 million in 2024 from US$1,310.706 million in 2018. Fumigants are chemicals used for controlling pests and insects from destroying agricultural lands. The growing adoption of improved agricultural practices along with better storage management of crops & grains is driving the growth of agricultural fumigants market. Further, rising cases of pest attacks and post-harvest losses are also boosting the demand for agricultural fumigants worldwide. However, stringent government regulations regarding human health and environmental concerns with the use of chemical fumigants are hindering the growth of agricultural fumigants market. The emerging trend towards organic farming practices is another factor that is restraining the growth of agricultural fumigants market. Geographically, Asia-Pacific is projected to witness substantial growth during the period on account of the huge agriculture sector in Countries like India coupled with the rising demand for food.

Drivers

Growing focus on increasing agricultural production.

Rising usage of fumigants for storage and production of crops.

Restraints

Stringent government regulations.

The major players profiled in the Agricultural Fumigants market include Corteva Agriscience, Syngenta, BASF SE, Arkema Group, Isagro, The DOW Chemical Company, and FMC Corporation among others.

Segmentation

The agricultural fumigants market has been analyzed through the following segments:

By Type
Phosphine
Metam Sodium
Chloropicrin
Others

By Form
Solid
Liquid
Gas

By Application
Soil
Warehouse and silos

By Crop Type
Fruits and Vegetables
Grains and Cereals
Oilseeds and Pulses

By Geography
North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others