According to the latest report by IMARC Group, titled “Agricultural Fumigants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market exhibited moderate growth during 2016-2021. Agricultural fumigants represent volatile and poisonous substances utilized to control disease-causing fungi, nematodes, weeds, etc. They are injected two feet deep into the ground and covered with an impermeable film before planting crops or trees. Agricultural fumigants are restricted materials whose exposure causes significant health risks to agricultural workers and safety risks to the environment in the event of misapplication or an accident. As a result, they need to be applied only by trained or certified applicators. The most commonly used agricultural fumigants include methyl bromide, dichloropropane, propylene oxide, dibromochloropropane, organophosphate insecticides, chloropicrin, etc.
The escalating risk of food shortages owing to the expanding global population is stimulating the requirement for innovative agricultural methods to protect agricultural produce and soil from pests, insects, rodents, moles, etc. This is one of the primary factors driving the agricultural fumigants market, since these products are inserted into the soil pre-harvest to kill fungi and pests in grains and crops. Moreover, the growing need to minimize post-harvest food losses is further propelling the market growth. Apart from this, the inflating levels of research and development (R&D) activities to introduce more efficient and less toxic agricultural fumigants are augmenting the global market. Additionally, the elevating product demand in row or bed treatments, deep placement, surface sealing, precision tillage, etc., is expected to fuel the agricultural fumigants market over the forecasted period. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.1% during 2022-2027.
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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