A new market analysis indicates steady growth in the global agricultural fumigants market, projecting an expansion from USD 2,450.5 million in 2023 to USD 3,605.4 million by 2031, exhibiting a CAGR of 4.96% during the forecast period of 2024-2031. The market value is estimated to be USD 2,569.1 million in 2024. This significant growth is primarily driven by the persistent need for effective pest and disease control in agriculture to ensure crop health and maximize yields.
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The comprehensive report analyzes the global agricultural fumigants market, segmenting it by form (solid, liquid, gaseous), by type (methyl bromide, chloropicrin, phosphine, 1,3-dichloropropene, metam sodium, others), by method of application (soil, warehouse), by crop type, and regional landscape. This detailed segmentation provides valuable insights into the market's dynamics and emerging trends.
Key drivers fueling the market's expansion include:
Growing Need for Effective Pest Control: Agricultural fumigants are crucial for controlling a wide range of soil-borne pests, nematodes, insects, and diseases that can significantly damage crops.
Importance in Post-Harvest Protection: Fumigants play a vital role in protecting stored grains and other agricultural commodities from insect infestations, preserving their quality and preventing losses.
Demand for High-Yielding Crops: To meet the increasing global food demand, farmers are relying on effective pest management strategies, including fumigation, to ensure high crop yields.
Stringent Quality Standards for Agricultural Produce: Regulations and consumer expectations regarding the quality and safety of agricultural produce necessitate effective pest control measures.
Limited Availability of Alternative Pest Control Methods: In certain situations, fumigation remains the most effective or only viable option for controlling specific pests and diseases.
The report also highlights key market trends:
Dominance of Soil Fumigation: Soil fumigation remains a significant application area due to the prevalence of soil-borne pests and diseases affecting various crops.
Increasing Use of Phosphine: Phosphine is a widely used fumigant for post-harvest protection due to its effectiveness against stored product insects.
Shift Towards Less Environmentally Harmful Alternatives: Due to the environmental concerns associated with some traditional fumigants like methyl bromide, there is a growing focus on adopting less harmful alternatives.
Development of Integrated Pest Management (IPM) Strategies: While fumigants remain important, their use is often integrated within broader IPM strategies that combine various pest control methods.
Regional Variations in Fumigant Use: The types of fumigants used and the application methods employed can vary significantly across different agricultural regions based on pest pressures and regulatory landscapes.
This report offers a strategic overview of the global agricultural fumigants market, providing valuable insights for agricultural chemical manufacturers, pest control service providers, agricultural producers, and regulatory bodies involved in crop protection and post-harvest management.
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