“According to the latest study Fact.MR the market for Agricultural Fumigants Market is expected to be worth US$ 1 Bn in 2022 and US$ 1.4 Mn by 2032, growing at a CAGR of 2.8% between 2022 and 2032.”
Many new sorts of goods are being produced with less toxicity and greater efficiency thanks to increased expenditures in technology and R&D. Several reasons have contributed to the rise of the agricultural fumigants industry, including an increase in consumer interest in increasing the quality of agricultural product, changing farming techniques, and enhanced storage technology.
However, depending on the type of crop and its variety, seasonal circumstances, humidity, temperature, fumigant concentration, and treatment time, fumigants can create a range of issues, including probable phytotoxicity. Because of its great toxicity as a respiratory toxin, it is only suggested for use by experienced fumigators.
Key Takeaways from Market Study
- A thorough examination of the Agricultural Fumigants Market.
- Extensive market segmentation.
- Examine the competitive landscape.
- Analysis of market size in the past, present, and future.
- Trends, innovations, and breakthroughs in the industry.
- Key players’ growth and operational strategies
- Potential segments/regions with high growth potential.
- The important actors’ geographical presence.
Market Segmentation and Coverage
Furthermore, this research study provides crucial insights into the state of the industry and serves as a valuable source of direction and bearing for businesses and individuals interested in the market. The study may assist in better understanding the industry and planning for company growth by providing a comprehensive assessment of new challengers and existing competitors in the Agricultural Fumigants Market.
The research also includes information on worldwide major driving industry players in the Global Agricultural Fumigants Market, such as company profiles, limit, production, value, cost, income, and contact information. The market trend, volume, and value are all included in this study. This research, from a worldwide perspective, examines the Agricultural Fumigants Market Size by dissecting historical data and forecasting future possibilities.
“The North America region is expected to expand the most during the prediction period.” opines a Senior Research analyst
Winning Strategy
The need for fumigants has been steadily increasing over the years, owing to rising agricultural productivity. In order to fulfil the increased demand for food, the United Nations’ Food and Agriculture Organization (FAO) predicts that agricultural output will rise by 70 percent by 2050. By 2050, grain production is expected to reach 3,009 million metric tonnes. However, by 2050, agricultural crop consumption is predicted to be about 6,759 million metric tonnes. In the long run, demand for agricultural warehouses, storage technologies, and related items such as fumigants is predicted to rise. Pests destroy the majority of the crops in warehouses, and the use of fumigants reduces the loss of agricultural products.
Competitive Environment
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.
