Global Agricultural Fumigants Market grow at a AGR of 4.6 % | Market Data Forecast.

Global Agricultural Fumigants Market was worth USD 1,396.58 million in 2016 and is expected to reach USD 1,748.74 million by 2021 with a CAGR of 4.6 %. This market is expected to grow significantly during the forecast period.

Fumigation is a technique for pest control wherein a pesticide gas is infused into the soil or discharged into the air to kill pests. Pests, for example, bed bugs and termites can be killed by basic fumigation. Soil fumigation is commonly carried to treat the agricultural fields. Agricultural fumigants are infused into the soil and dissolved in the water by moving in between the soil spaces. This results in killing the pests.

Raising agricultural Production, growing storage technology, increasing attention towards post-harvest loss, enactment of better agricultural practices are the major factors driving the growth of the market. Stringent regulatory conditions coupled with the application Methodology, high toxicity due to increasing usage of chemical ingredients are limiting the growth of the market.

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The Agricultural Fumigants Market is segmented based on Type, Application and Form. Based on Type, Market is segmented into Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, 1, 3-Dichloropropene and others. Based on Application, Market is segmented into Soil and Warehouse. Soil is further segmented into Nursery, Field, Transplant bed, Green house and warehouse is further segmented into stack and silo. Based on Form, the Market is segmented into Gas, Solid and Liquid. While Methyl Bromide accounts for majority of market share, phosphine is expected to have highest CAGR during the forecast period. Based on Geography, this market is further segmented in to North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. North America has a largest share in the market and is expected to expand steadily during the forecast period. Asia-Pacific is expected to show a highest CAGR during forecast period.

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Major players in the market are BASF SE, E.I. DuPont De Nemours & Company, Syngenta AG, ADAMA agricultural solution ltd., Dow chemical company, Reddick Fumigants, Degesch America, Inc., and FMC Corporation.
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