Global Agricultural Fumigants Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global agricultural fumigants market size reached US$ 2.3 Billion in 2022. Looking forward, the market is expected to reach US$ 2.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.94% during 2022-2028.

Agricultural fumigants are volatile and poisonous substances used to control disease-causing fungi, nematodes, and weeds. They are injected two feet into the ground and covered with an impermeable film before crops or trees are planted. As they are restricted materials that cause significant health and safety risks to exposed agricultural workers and environmental risks from misapplication or accidents, they can only be applied by trained or certified applicators. Some of the commonly used agricultural fumigants include methyl bromide, dichloropropane, propylene oxide, dibromochloropropane, organophosphate insecticides, and chloropicrin.

Agricultural Fumigants Market Trends

There is currently a significant shortage of food worldwide due to the increasing global population. This has resulted in a rising need for adopting innovative agricultural methods to protect agricultural produce and soil from pests, insects, rodents, and moles, which represents one of the key factors strengthening the growth of the market. Agricultural fumigants are inserted in the soil pre-harvest to kill fungi in crops and grains. Moreover, as there is a considerable need to minimize post-harvest food losses for ensuring food security, agricultural fumigants are widely utilized post-harvest to reduce any damage caused to harvested crops from bugs, insects, and termites. Apart from this, they find extensive applications in a row or bed treatments, deep placement, surface sealing, plow sole application, and precision tillage. Furthermore, leading players are continuously funding research and development (R&D) activities to introduce less toxic and more efficient agricultural fumigants, which is creating a favorable market outlook. Some of the other major factors propelling the market growth include an increase in the adoption of unique farming practices across the globe, considerable technological innovations in the agricultural industry, and the availability of advanced storage technology.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global agricultural fumigants market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, form, crop type, application and pest control method.

Breakup by Type:

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

Breakup by Form:

• Solid
• Liquid
• Gas

Breakup by Crop Type:

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

Breakup by Application:

• Soil
• Warehouse

Breakup by Pest Control Method:

• Tarpaulin Fumigation

- Non-Tarp Fumigation by Injection

• Structural Fumigation
• Vacuum Chamber Fumigation

Breakup by Region:

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

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being AMVAC Chemical Corporation, Arkema, BASF SE, Corteva Inc., Detia Degesch GmbH, FMC Corporation, Lanxess AG, Nippon Chemical Industrial Co. Ltd., Nufarm, SGS SA, Syngenta AG (China National Chemical Corporation), Trinity Manufacturing Inc. and UPL Limited.

Key Questions Answered in This Report:

• How has the global agricultural fumigants market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global agricultural fumigants market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the form?
• What is the breakup of the market based on the crop type?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the pest control method?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global agricultural fumigants market and who are the key players?
• What is the degree of competition in the industry?