The valuation for the agricultural fumigant market has grown from US$ 1,190.0 million in 2019 to US$ 1667.0 million in 2024. Drawing from these statistics, the marked jump in the valuation of this sector is mirrored to US$ 2,830 million for 2034. Growth in the agricultural fumigant industry has shown an upward trajectory and is estimated to exhibit a CAGR of 5.4% through 2034.
Agricultural sector is the most sensitive and vital part of growing economies. With technological advancement, every sector has boosted up, especially the farming industry. These advancements have led to increased yields but correspondingly curated the need for pest management techniques.
This has resulted in a surplus of pest management techniques. Plus, growing concerns over post-harvest losses have curated the need for effective and economical methods to minimize losses. Storage being the prime part, fumigants in storage have gained traction. Thus, the market has reported spurred growth in the forecasted period.
Increasing salinity of soil has forced farmers in countries like India, the United States, and China to adopt organic agricultural fumigants. Changing farming practices also contribute to the growth of this sector. As farmers adopt more advanced techniques, awareness of the need for strict pest management has grabbed the fields. Suppliers store produce, and with advancements in storage techniques, fumigant demand has also accelerated.
Agricultural fumigant aid in fulfilling international regulatory obligations. This promotes hassle-free international exchange of agricultural goods. Use of these fumigants yields targeted and controlled input applications. This approach adds to its sales in the global industry. Knowledge of sustainable farming has generated a huge clamor for these fumigants. All these elements equate in reflecting the emerging opportunities and growth in the agricultural fumigant market.
On another note, fumigants can cause problems like phytotoxicity according to crop type, seasonal conditions, and more. Research shows that fumigants can be used only by professional fumigators due to their high toxicity. This can promote lower-risk fumigants as land safety is prime for farmers.
| Attributes | Key Statistics |
|---|---|
| Expected Base Year Value (2024) | US$ 1,667 million |
| Anticipated Forecast Value (2034) | US$ 2,830 million |
| Estimated Growth (2024 to 2034) | 5.4 % CAGR |
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Higher efficiency and lower cost of phosphine compared to other fumigants make them popular. Phosphine fumigation is widely used in the agricultural sector. Controlling insect pests, weeds, and fungi during the storage of crops requires fumigants like phosphine. Thus, with the high demand and affordability of this product type, phosphine covers a share of 5.2% for 2024 in this agricultural sector.
| Attributes | Details |
|---|---|
| Product Type | Phosphine |
| Share (2024) | 5.2% |
With cost-effectiveness comes easy application, plus it leaves no residue on crops. This attracts the farmers to seek minimal post-harvest losses. Growing adoption of sustainable farming practices has spurred the requirement for phosphines fumigants.
Another prime factor is stringent norms and regulations set by international bodies for the trade of agricultural products. Application of this phosphine fumigant helps farmers to comply with regulatory obligations and promote internal exchange.
Solid forms are easy to handle and store compared to liquid and gaseous. Solid forms can be an ease of transportation, too. Due to less complexity of application in solid fumigants, farmers and agricultural workers find it feasible. Enhanced shelf stability also aids in the adoption of solid forms, as they are more convenient for suppliers to stock and sell. All these characters of solid form make it top form, contributing a share of 5.0% for 2024.
| Attributes | Details |
|---|---|
| Form | Solid |
| Share (2024) | 5 % |
Solid forms are more effective during storage and have a high concentration of chemicals. This results in higher effectiveness and better yield crop yield. Thus, solid fumigants provide lucrative opportunities for manufacturers and suppliers in the agricultural fumigant market.
Market in Asia and North America is highly consolidated. CAGR of 8% and 7.1% for South Korea and Japan shows the prominence of Asian countries in the agricultural sector, especially fumigants. Other countries are also expected to hold a steady upward trend with innovations and strategies, accounting for mergers and widening distribution networks globally.
All the countries mentioned are at the equilibrium of sustainable farming and implementing technological advancement for high-quality and quantifiable produce.
| Countries | CAGR |
|---|---|
| South Korea | 8 % |
| Japan | 7.1% |
| The United Kingdom | 6.6% |
| China | 6.2% |
| The United States | 5.7% |
South Korea is focused on enhancing its agricultural productivity and food security. Thus, the use of agricultural fumigants has become vital and fair play. Advancements in South Korea have allowed farmers to effectively control pests, pathogens, and weeds, thereby improving crop yield. South Korea is in a prominent position in the global agricultural fumigant market, with a reported CAGR of 8% through 2034.
South Korean companies are investing in the development of innovative fumigant solutions that are not only effective but also sustainable. Focusing on sustainability, the country is not just printing bucks but positioning itself as a global player through running trends.
Catering to domestic and international clamor for these fumigants, South Korea is strengthening its agricultural sector. Thus, the segment is seen to skyrocket in the forecast period.
Technological advancements have enabled the production of safer and more effective fumigants. Aligning with Japan’s stringent regulatory ecosystem that orders environment-friendly and efficient solutions, the market surges. This has pushed Japanese companies to invest in research, creating a plethora of fumigation products for the transforming needs of the farming sector.
Japan, with a CAGR of 7.1% from 2024 to 2034, has bolstered its industrial presence in the agricultural fumigant segment. Companies such as Sumitomo Chemical, Nippon Soda, and Iseki & Co. offer comprehensive MRO services for fumigant equipment.
Leveraging their expertise and resources, these companies deliver timely maintenance solutions. Independent MRO providers and equipment dealerships contribute to providing framers with the best services and agribusinesses across the country. Attributed to the confluence of factors mentioned, Japan is evolving in the agricultural fumigant market.
The United Kingdom’s industrial expansion in fumigants is driven by its curated requirements got pest control solutions to safeguard crop yields. Rise in global trade has generated a huge need for effective fumigation solutions to comply with international phytosanitary standards. The growing agriculture culture in the United Kingdom states the emerging growth of the agricultural fumigants industry with an estimated CAGR of 6.6% through 2034.
Key players in the United Kingdom are BASF SE, Syngenta AG, Dow Chemical Company, FMC Corporation, and Nufarm Limited. These companies are developing solutions ensuring minimal environmental impact. This research, collaborated with internships with local distributors, has expanded the view of sector development. Thus presence of these companies and generating the need for framer-centric solutions has tracked the market to an uptrend.
Development of controlled-release formulations ensuring steady release of fumigants is adopted novel technology of China. This has ensured and enhanced the efficacy of fumigants, reducing environmental impact.
China is investing in smart fumigation technologies that use sensors and data analytics to monitor and control the process precisely. This generates optimal results, taking the fumigation process to precise levels.
Sales in China for the agricultural fumigant segment have increased to a CAGR of 6.2% from 2024 to 2034. With a large agricultural base, China demands a huge supply of these fumigants. China is among the most populated countries in the world, which makes it a huge warehouse for food. Thus, China is not only fulfilling domestic demand for high-quality crops but also meeting the evolving needs of farmers worldwide.
North America is among the leading agricultural producers. With over 250 authorized products available in its countries. Major fumigants in the United States are chlorpicrin, sulfuryl, fluoride, etc. Over 90 fumigant-based products are registered in Canada.
All these huge creations of innovational change account for the United States’ success in the agricultural fumigant industry. The United States is set to register a CAGR of 5.7% through 2034 with its novel formulations and patented compounds globally.
Consolidation of agricultural land and adoption of modern techniques has soared the segmental growth of fumigants in the United States. Both domestic and international players are investing in the United States agricultural fumigant market. Thus, to capitalize on growing demand and to offer innovative agricultural solutions to farmers, investors enamor the country.
Principal Consultant
Diversification of portfolio, cost stabilities, and preventive measures with research are the top priorities of major companies in the agricultural fumigant market. Manufacturers are focused on awareness and broadening their products to different parts of the world. Research is aimed at providing the best innovation in the farming sector. Farmers are collaborating with big companies to test and multiply their profits to secure losses and yield high.
Awareness regarding advanced tools and equipment is bolstering the new era of framing. With this adoption and sustainability trend, many new huge budget companies are entering the legacy-based business of the nation.
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The sector is classified as phosphine, sulfuryl fluoride, methyl bromide, and other product types.
Sold, liquid, and gaseous are three categorized forms of this industry.
Commercial and residential are two application sources of the agricultural fumigant market.
Analysis of the landscape has been carried out in key countries of North America, Latin America, Asia Pacific, Middle East and Africa (MEA), and Europe.
Industry is set to reach US$ 1,667 million by 2024.
The valuation is expected to reach US$ 2,830 million by 2034.
Agricultural fumigant market is set to register a CAGR of 5.4 % from 2024 to 2034.
Phosphine, with a market share of 5.2% for 2024.
South Korea is expected to progress at a CAGR of 8% through 2034.
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Product Type
6.2. Form
6.3. Application
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
7.1. Phosphine
7.2. Sulfuryl Fluoride
7.3. Methyl Bromide
7.4. Others
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form
8.1. Solid
8.2. Liquid
8.3. Gas
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
9.1. Commercial
9.2. Residential
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
10.1. North America
10.2. Latin America
10.3. Western Europe
10.4. South Asia
10.5. East Asia
10.6. Eastern Europe
10.7. Middle East & Africa
11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Sales Forecast 2024 to 2034 by Product Type, Form, and Application for 30 Countries
19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
20. Company Profile
20.1. UPL Limited
20.2. Solvay
20.3. Corteva Agriscience
20.4. BASF SE
20.5. Detia Degesch GmbH
20.6. Douglas Products
20.7. ECOTEC Fumigation
20.8. Noble Crop Science
20.9. Rollins, Inc.
20.10. Royal Group
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Agricultural Fumigant Market
