DUBLIN, September 18, 2017 /PRNewswire/ --
The "Global Agricultural Fumigants Market - Growth, Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.
The global market for agricultural fumigants is expected to grow at a CAGR of 5.2% during 2016-2021 forecast period in order to reach a market value of $2230 million by 2021. Fumigants are defined as pest control products that kills pests by suffocation and kills them from within. Agricultural fumigants are widely used in pest control of soil, food grains and stored produce. It is also used processing of goods to be imported or exported to prevent transfer of exotic organisms.
Increasing demand for agricultural produce owing to growing global population, concern over increasing post-harvest loss and adoption of improved agricultural practices are the major parameters helping in the growth of agricultural fumigants market. While regions like Asia-Pacific and South America are expected to provide better growth opportunities, stringent product regulations and product application issues may hinder the market growth.
Global Agricultural Fumigants market is segmented on the basis of type, application, form, crop application and geographical reach. North America is the largest market for agricultural fumigants accounting for around 35-40% of the market share followed by Europe. Accounting for around one-fifth of the global market share, Asia-Pacific market is projected to show highest growth potential during next five years. The regions demand for fumigants is led by countries such as China, India, and Japan among others.
North America is the largest market for agricultural fumigants accounting for around 35-40% of the market share followed by Europe. The region is expected to grow at the steady CAGR during the forecast period. Europe is the second largest market and the market is expected to expand with increased supply of quality products from key players. Accounting for around one-fifth of the global market share, Asia-Pacific market is projected to show highest growth potential during next five years. The regions demand for fumigants is led by countries such as China, India, and Japan among others. Fumigants are in nascent stage in South America. Brazil is the major market and holds around 60% of the market share. Changing farming practices, better storage technology and measures for post-harvest loss control would help the market demand to grow in these developing countries.
Companies Mentioned:
- Dow Chemical Company
- Adama Agricultural Solution Ltd.
- Basf
- E.I. DuPont De Nemrous & Company
- Syngenta AG
- FMC Corporation
- Reddick fumigants
- Degesch America Inc.
- Ikeda Kogyo Co. Ltd.
- UPL group
- Fumigation Services
- VFC
- Cytec Solvay Group
- Trical Inc.
- TriEst Ag Group
Key Topics Covered:
1. Introduction
2. Research Approach & Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/hhpmsq/global
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SOURCE Research and Markets
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