Global Soil Fumigant Market to grow at 5.02% CAGR, which is anticipated to reach USD 11.8 billion by 2030.
CRI Report has released a report titled “Soil Fumigant Market – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030” which is anticipated to reach USD 647 billion by 2030. According to a study by CRI Report, the market is anticipated to portray a CAGR of 5.02% between 2020 and 2030. According to the report, the main drivers of global market in soil fumigants are surging instances of agricultural diseases, enhancing economic demand per hectare in production, growing overall production of cereals, and increasing emphasis on increasing the quality of agricultural output. Moreover, increasing soil fumigant adoption in developing economies like China, India, and others will provide new market opportunities for worldwide soil fumigants.
The market report on global Soil Fumigant market includes in-depth insights as:
- The estimated value of the market was USD 429.60 billion in the year 2020.
- Region-wise, the market in Asia Pacific, which held the largest market share of XX.X% in the year 2019, emerged as a key market for Soil Fumigant Market.
- Based on form, solid emerged as a key segment in the global Soil Fumigant Market.
- Based on product, 3- Dichloropropene emerged as a key segment in the global Soil Fumigant Market
- Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.
“The main drivers of global market in soil fumigants are surging instances of agricultural diseases, enhancing economic demand per hectare in production, growing overall production of cereals, and increasing emphasis on increasing the quality of agricultural output. Moreover, increasing soil fumigant adoption in developing economies like China, India, and others will provide new market opportunities for worldwide soil fumigants..”, said a lead analyst at CRI Report.
Soil Fumigant is a pre-plant pest control technology, where the soil is filled with gaseous fumigants in order to minimize pests in the soil. Soil fumigants target soil-borne pests and therefore have a considerable role in agriculture, nursery, and turbocharged cropland including nematodes, fungi, bacteria, weeds, and insects. Fumigant products deliver considerable sustainable and affordable ways to enhance plant yields in the agriculture industry regardless of geography. Fumigants are effective to overcome one or more pathogens’ problems. Pathogens like nutsedge (weed) and root red (phytophthora) in tomatoes, for example, can be controlled by fumigant.
Global Soil Fumigant market is segmented by form into solid, liquid, and gas. Solid shape includes the use of mosquito and other pest control by pellets and tablets. Solid shape due to its ease of sprinkling and its reduced risk of gas exposure, it is the safest of the three types. The liquid form provides solutions for the elimination of moulds, insects, and pests. They are normally sprayed with traditional sprayers over the desired area.
Key Players in the Market
- Some of the key players operating in the global Soil Fumigant market are Bayer CropScience AG, AMVAC Chemical Corporation, Trinity Manufacturing, Inc., Arkema, BASF SE, Chemtura Corporation, Syngenta AG, Arysta LifeScience Limited, Great Lakes Solutions, The Dow Chemical Company, and Novozymes., Other Prominent Players
Get Valuable Insights into Global Soil Fumigant Market
In the new report, CRI Report thrives to present an unbiased analysis of the global Soil Fumigant market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by product into Methyl bromide, Phosphine, Chloropicrin, Metam sodium, 3- Dichloropropene, and Others, by form into solid, liquid, and gas. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
