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Agricultural Fumigants Market Expected To Reach USD 2375.51 Million By 2027| Key Players: Zeon Corporation, AMVAC, and Nippon Chemical Industrial Co. Ltd., among others.

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Agricultural Fumigants Market Expected To Reach USD 2375.51 Million By 2027| Key Players: Zeon Corporation, AMVAC, and Nippon Chemical Industrial Co. Ltd., among others.

April 20
14:20 2021
Agricultural Fumigants Market Expected To Reach USD 2375.51 Million By 2027| Key Players: Zeon Corporation, AMVAC, and Nippon Chemical Industrial Co. Ltd., among others.

Reports And Data
The growing demand of the Agricultural Fumigants in the agricultural industry due to the rise in food consumption, along with the increased application in the chemical industry, will boost the market growth. Agricultural Fumigants Market Size – USD 1719.74 Million in 2019, Market Growth – CAGR of 4.1%, Market Trends – Rising demand for food products & crop security

The global Agricultural Fumigants market is forecast to reach USD 2375.51 Million by 2027, according to a new report by Reports and Data. Agricultural soil fumigants fall under the limited use class of pesticides, and this legitimately suggests all the items must be utilized by approved instruments over the globe. There are various soil disinfecting procedures, for example, dribble tubing, non-tarped slept with tarped communicate application, and that’s only the tip of the iceberg, which varies dependent on sorts of soil, bugs, and harvests.

Phosphine is the most predominant item, which is broadly utilized in shut distribution centers to shield the reaped crops from bugs and other irritation assaults. They can diffuse effectively and infiltrate into a greater part of putting away grains just as effectively perform fumigation movement for over seven days, post-application. Developing necessities relating to trim assurance strategies and post-gather rehearses is driving the development.

Fluid variation is the most predominant structure and is foreseen to observe the quickest development contrasted with its partners. This structure is ordinarily infused in the soil, which changes into a defensive gas layer around the roots to keep them from debasing because of irritation assault. There are different guidelines set down universally in terms of vaporous variations since they are harmful to human wellbeing and are, at the same time, dangerous to nature.

The idea of fumigant development is regularly from high focus territories to low fixation regions. Customarily, their application included the utilization of fumigant stockpiling compartments appended with tractors, which had a metering gadget to control the measurements. Different applications incorporate line or bed treatment, the profound situation with a complete application, surface fixing, furrow sole application, and exactness culturing.

The COVID-19 impact:

COVID-19 has impacted the market negatively. The weaker consumer demand for Textile products due to the imposition of lockdown and social restrictions will have a negative impact on the demand. The COVID-19 pandemic has crippled various industries. The activity will more likely cease due to the imposition of lockdown and social distancing, and work will halt due to the supply chain disruption, the termination of contracts to control expenses, and the shortage of subcontractors and materials. However, the ease in restrictions and the government initiatives to start the economic activities in the consumer goods market creates hope for the imminent recovery of the market.

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 Further key findings from the report suggest

  • The growth of the Agricultural Fumigants market is expected to be geared up due to growth in the urban population, mainly in emerging countries. Growth in the population has increased the consumption of agricultural products and thus crop security.
  • The need to increase agricultural production, focus on the reduction of post-harvest losses, and the growing usage of fumigants for the production and storage of cereals to curb the needs of rising population are key drivers.
  • Different overseeing bodies manage soil fumigation with unpredictable substance content. It is essential to locate the proper fumigant for the changed application base. Further, high work costs are associated with applying these fumigants with hand-held or manual injectors.
  • Steady economic growth in developing countries, such as China, India, and ASEAN countries, and rising per capita disposable income and expenditure in these regions are the major factors expected to drive the demand for food products.
  • North America accounted for the most significant market share in 2019 due to the presence of regional key agricultural chemical manufacturers, increasing the need for sustainable agriculture, and the higher efficiency of fumigants in terms of applications and the presence of some of the most protective farming regulations in the region.
  • Key participants include BASF SE, Syngenta, Adama, Dow Chemical Company, FMC Corporation, UPL, Degesch America, Zeon Corporation, AMVAC, and Nippon Chemical Industrial Co. Ltd., among others.
  • The players in the Agricultural Fumigants market are going into vital coalitions to take into account the developing interest in the market share. For instance, in 2020, BASF announced its new regional production facility for its Agricultural Solutions business in the Asia Pacific region. The project is scheduled to be completed in 2021, and the multipurpose facility has been designed to handle six different formulation technologies and will supply the company’s patented crop protection products. The plant will have a production capacity of seven million liters per year and employ a staff of more than 25 employees.

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 For the purpose of this report, Reports and Data have segmented into the global Agricultural Fumigants market on the basis of product type, form, crop type, application, and region:

Product Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • 1,3 Dichloropropene
  • Chloropicrin
  • Dimethyl Disulfide
  • Methyl Bromide
  • Metam Potassium
  • Metam Sodium
  • Phosphine
  • Others

Form Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Solid
  • Liquid
  • Gas

Crop Type Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Soil
  • Warehouse

Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Others

Regional Outlook (Revenue, USD Million; Volume, Kilo Tons; 2017-2027)

  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Latin America

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/agriculture-fumigants-market

 Table of Content:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
    3.1. Micro Economic Indicator
Chapter 4. Agricultural Fumigants Market Segmentation & Impact Analysis
    4.1. Agricultural Fumigants Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                   4.2.2.1. Growing usage of Fumigants for the production and storage of cereals
                   4.2.2.2. Growing focus on increasing agricultural productions
                   4.2.2.3. Increase in Insect population due to climatic change
          4.2.3. Market restraints analysis
                    4.2.3.1. Accumulations of residue during Fumigants
                    4.2.3.2. Stringent Regulations
         4.2.4. Market opportunities analysis
         4.2.5. Market challenges analysis
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. ETOP Analysis
    4.6. Porter’s Five Forces Analysis

8. Competitive Landscape
    8.1. Market Revenue Share By Manufacturers
    8.2. Manufacturing Cost Breakdown Analysis
    8.3. Mergers & Acquisitions
    8.4. Market positioning
    8.5. Strategy Benchmarking
    8.6. Vendor Landscape
9. Company Profiles
     9.1. BASF
            9.1.1. Company Overview
            9.1.2. Financial Performance
            9.1.3. Technology Insights
            9.1.4. Strategic Initiatives
    9.2. Syngenta
           9.2.1. Company Overview
           9.2.2. Financial Performance
           9.2.3. Technology Insights
           9.2.4. Strategic Initiatives
    9.3. Adama
           9.3.1. Company Overview
           9.3.2. Financial Performance
           9.3.3. Technology Insights
           9.3.4. Strategic Initiatives
    9.4. The DOW Chemical Company
           9.4.1. Company Overview
           9.4.2. Financial Performance
           9.4.3. Technology Insights
           9.4.4. Strategic Initiatives
    9.5. FMC Corporation
          9.5.1. Company Overview
          9.5.2. Financial Performance
          9.5.3. Technology Insights
          9.5.4. Strategic Initiatives
    9.6. UPL
           9.6.1. Company Overview
           9.6.2. Financial Performance
           9.6.3. Technology Insights
           9.6.4. Strategic Initiatives
    9.7. Degesch America
            9.7.1. Company Overview
            9.7.2. Financial Performance
            9.7.3. Technology Insights
            9.7.4. Strategic Initiatives
    9.8. Zeon Corporation

 

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