Global Agricultural Fumigants Market Research Growth, Trend and Forecast 2018
Market Overview:The global Agricultural Fumigants market was valued at USD 1.50billion in 2016 and is projected to reach USD 2.13billionby 2025, growing at a CAGR of 4.0% from 2017 to 2025.
Fumigation is a process of pest control that are used to treat pesticides. The demand for these fumigants is expected to grow slowly owing to regulations surrounding usage of chemical pesticides. The ozone depletion resulting from usage of such chemicals is expected to hamper market demand.
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1. Market Drivers
1.1 Growing focus on reduction of post-harvest losses
1.2 Rise in insect population due to climate change
2. Market Restraints
2.1 Stringent regulations
2.2 Ban on application of methyl bromide
The global Agricultural Fumigantsmarket is segmented on the product, crop type, application, pest control method, and region.
1. By Product:
1.1 Methyl Bromide
1.5 Metam Sodium
2. By Crop Type:
2.1 Pulses and Oilseeds
2.2 Vegetables and Fruits
2.3 Grains and Cereals
3. By Application:
4. By Pest Control Method:
4.1 Non Tarp Fumigation by Injection
4.2 Tarpaulin Fumigation
4.3 Vacuum Chamber Fumigation
4.4 Structural Fumigation
5. By Region:
5.1 North America U.S., Canada, Mexico
5.2 Europe Germany, UK, France, Rest of Europe
5.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
5.4 Latin America Brazil, Argentina, Rest of Latin America
5.5 Middle East & Africa
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The major players in the market are as follows:
6. Nippon Chemical Industrial Co. Ltd.
7. DOW Chemical Company
9. FMC Corporation
11. Degesch America
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Agricultural Fumigants Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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