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Agricultural Fumigants Market is projected to grow at a CAGR of 4.10% from 2017, to reach USD 1.94 Billion by 2022. The global agricultural fumigants market is expanding with considerable growth potential over the next five years. The growth of this market can be attributed to the inclination of consumers toward improving the quality of agricultural output, changing farming practice, and upgraded storage technology.<br>Read more @ https://www.marketsandmarkets.com/Market-Reports/agricultural-fumigant-market-87798928.html<br>
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MarketsandMarkets™ Presents Agricultural Fumigants Market- Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/agricultural-fumigant-market-87798928.html
The agricultural fumigants market was valued at USD 1.52 Billion in 2016. It is projected to grow at a CAGR of 4.10% from 2017, to reach USD 1.94 Billion by 2022. The objectives of the study are to define, segment, and measure the size of the market with respect to product type, crop type, application, pest control method, and region. The report also aims to provide detailed information about the crucial factors influencing the growth of the market, strategical analysis of micromarkets, opportunities for stakeholders, details of the competitive landscape, and profile of the key players with respect to their market share and competencies. Browse 72 market data Tables and 38 Figures spread through 148 Pages and in-depth TOC on "Agricultural Fumigants Market by Product Type (Methyl Bromide, Phosphine, Chloropicrin), Crop Type (Cereals, Oilseeds, Fruits), Application (Soil, Warehouse), Pest Control Method (Tarpaulin, Non-Tarp, Vacuum), and Region - Global Forecast to 2022“ The years considered for the study are as follows: • Base year – 2016 • Forecast period – 2017 to 2022 This report includes estimations of the market size in terms of value (USD billion) and volume (KT). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global agricultural fumigants market and to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research; some of the sources are press releases, annual reports, and financial journals, and paid databases such as Factiva and Bloomberg. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87798928
Phosphine estimated to be the largest segment in 2017 The phosphine segment is estimated to account for the largest share of the agricultural fumigants market in 2017. Phosphine-based products are experiencing steady demand in industrialized countries and occupy a significant share of the agricultural fumigants market, especially in the European region. The phosphine segment is mainly driven by its multifunctional nature contributed by the effective fumigant action in killing nematodes, fungi, and weeds. In addition, the increasing use of soil agricultural fumigants has led to the growing demand for phosphine agricultural fumigants for better crop production and reduced post-harvest losses. Tarpaulin fumigation is estimated to be the largest segment in 2017 The tarpaulin fumigation segment is estimated to account for the largest share of the agricultural fumigants market, in terms of value, in 2017. The rising criticality of safety in different fumigation methods employed and the varying costs required for each method affect the growth of the tarpaulin fumigation segment. The growth of the tarpaulin fumigation segment is driven by the efficient action, effectiveness, and its increased use in the agricultural fumigants market. North America is estimated to be the most lucrative market for agricultural fumigants In 2017, North America is estimated to hold the largest share of the global agricultural fumigants market. The major drivers for this significant share are the influence of the growing demand for alternative pest control methods, strict government regulations regarding food safety, and wide product availability which further boosts the market growth. The North American market is driven by countries such as the US and Canada. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=87798928
The food & beverage market in the Asia-Pacific region is currently undergoing a transformation in response to rapid urbanization and the liberalization of foreign direct investment in the food sector. Asia Pacific is projected to be the fastest-growing region from 2017 to 2022 due to gradual increase in awareness and knowledge about using fumigation as a crop protection technique, increase in the availability of fumigant products, and the growing number of manufacturers in the region. Licenses or special permits required to handle fumigation services and increasing labor costs and other expenses are posing challenges to the agricultural fumigants market. For instance, the practice of pest control in Florida is strictly regulated under the provisions of the Structural Pest Control Act, Chapter 482, Florida Statutes (F.S.). This law is administered and enforced by the Department of Agriculture and Consumer Services in the State. Further, safety testing requires substantial investments. Large investments in R&D activities, laboratories, and research equipment, volatile nature of fumigants accumulation of residue during fumigation, and hiring trained professionals also pose a barrier for this market. The market is dominated by key players such as BASF (Germany), Syngenta (Switzerland), ADAMA (Israel), Dow Chemicals (US), and FMC (US). Other players include UPL (India), Degesch (US), Nufarm (Australia), American Vanguard (US), Nippon (Japan), Arkema (US), and Rentokil (UK). The key players have adopted strategic developments such as new product launches, expansions & investments, mergers & acquisitions, agreements, collaborations, joint ventures, and partnerships to explore the market in new geographies. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=87798928
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