Agricultural Fumigants Market Outlook

Agricultural fumigants are chemicals that are used to control pests and diseases in crops. They are typically applied in gaseous form, and they work by suffocating or poisoning the pests.

The global agricultural fumigants market is projected to reach USD 6.8 billion by 2030, at a CAGR of 5.5% from 2023 to 2030. The growth of the market is driven by the increasing demand for food, the growing need to control pests and diseases in crops, and the development of new and more effective fumigants.

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The increasing demand for food is one of the major drivers of the agricultural fumigants market. The global population is growing, and this is driving the demand for food. Fumigants can help to protect crops from pests and diseases, which can help to increase yields and improve food security.

The growing need to control pests and diseases in crops is another major driver of the market. Pests and diseases can cause significant damage to crops, and they can lead to crop losses. Fumigants can help to control pests and diseases, which can help to protect crops and reduce crop losses.

The development of new and more effective fumigants is also driving the growth of the market. New fumigants are being developed that are more effective at controlling pests and diseases, and they are also less harmful to the environment. This is making fumigants a more attractive option for farmers.

The global agricultural fumigants market is segmented by type, crop type, and region. By type, the market is segmented into methyl bromide, phosphine, chloropicrin, and others. Methyl bromide is the largest segment of the market, followed by phosphine and chloropicrin. By crop type, the market is segmented into cereals, fruits and vegetables, and others. Cereals are the largest segment of the market, followed by fruits and vegetables. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest market for agricultural fumigants, followed by Europe and Asia Pacific.

The agricultural fumigants market is highly competitive, with a number of major players operating in the market. Some of the major players in the market include BASF SE, DuPont, FMC Corporation, Adama Agricultural Solutions, and Sumitomo Chemical.

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