Soil Fumigants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Soil Fumigants Market Analysis
The soil fumigant market is projected to register a CAGR of 4.7% during the forecast period. The drivers identified in the market are increasing instances of crop diseases and growing demand for food from the developed and emerging economies. The restraints identified in the market are environmental and regulatory concerns and issues during product application. Few other factors propelling the growth of the market includes the high frequency of crop diseases and the growing demand for food in both developed and developing nations. Amidst the Covid-19 pandemic, the increasing focus to reduce post-harvest losses of crops is anticipated to be one of the significant factors that is to boost the soil fumigants market across the globe. The surging requirement to enhance crop productivity is anticipated to augment the soil fumigant industry further to meet the increasing demand if the pandemic restrictions are to be expanded to the third quarter of 2021.
Soil Fumigants Market Trends
This section covers the major market trends shaping the Soil Fumigants Market according to our research experts:
Growing Concern Over Food Security Issues
The food and agriculture organization (FAO) of the United Nations has predicted that agricultural productivity is expected to rise by 70% by 2050, to meet the growing food demand, globally. The global population is increasing exponentially and every day, nearly 200 thousand people are contributing to the global food demand. Supplying food to this growing population has become a global threat. Therefore, the need to control crop diseases by application of soil fumigants has become a necessary step, globally. Owing to the infestation of pests, mites, rodents, and birds, around 1,300 million metric ton of food is estimated to be wasted every year, leading to increasing application of soil fumigants. The production of cereals is estimated to reach 3,009 million metric ton by 2050. However, the expected demand for agricultural crops is around 6,759 million metric ton by 2050. Thus, the demand for agricultural warehouses and associated products, like fumigants, is expected to increase in the coming years. Owing to the infestation of pests, mites, rodents, and birds, around 1300 million metric ton of food is estimated to be wasted every year. On an average, the production loss (post harvest) is estimated to be 53% in cereals, 14% in roots and tubers, 8% in oil seeds and pulses and 13% in fruits and vegetables. Use of fumigants during storage will help in the reduction of the storage loss. The demand for fumigants is expected to rise, as the use of fumigants is an effective and economical way to reduce post-harvest losses.
Asia Pacific Dominates the Market
The Asia-Pacific region holds majority of the market share of global soil fumigants market. Most countries using methyl bromide have ratified the agreement on phase-out. However, some are yet to do so, the most significant one being China. In China, there has recently been a significantly increased use of the chemical, both for quarantine purposes and soil disinfestation. In Japan, each prefecture has its own program to develop and disseminate alternatives to methyl bromide, especially for vegetables. These programs, which vary depending on the crop, are based on pre-planting treatments. Due to the efforts of the stakeholders concerned, methyl bromide for soil fumigation is being gradually replaced by alternatives, thereby decreasing the use of methyl bromide in Japan.
Soil Fumigants Industry Overview
The global fumigants market is a consolidated market, with a few companies occupying major share of the market. The soil fumigant market is mainly focused on developing new qualitative products and new technologies to improve product quality. The major players are ADAMA Agricultural Solution Ltd, AMVAC, Corteva Agriscience, Isagro, Syngenta AG, UPL Limited, and other companies. For instance, in 2019, TriCal Australia announced their new line of STRIKE soil fumigants. STRIKE formulations are Chloropicrin and Telone based products which are widely recognized as the most effective soil fumigants to manage soil borne fungal pathogens in a variety of crops.
Soil Fumigants Market Leaders
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ADAMA Agricultural Solution Ltd
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AMVAC
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Isagro
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Syngenta AG
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UPL Group
*Disclaimer: Major Players sorted in no particular order
Soil Fumigants Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions and Market Definition
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Industry Attractiveness - Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Methyl Bromide
- 5.1.2 Chloropicrin
- 5.1.3 Methyl Iodide
- 5.1.4 Dimethyl Disulfide
- 5.1.5 Other Types
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5.2 Form
- 5.2.1 Solid
- 5.2.2 Liquid
- 5.2.3 Gaseous
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Spain
- 5.3.2.5 Italy
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Rest of Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Competitor Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 ADAMA Agricultural Solution Ltd
- 6.3.2 AMVAC
- 6.3.3 BASF SE
- 6.3.4 Cytec Solvay Group
- 6.3.5 Corteva Agriscience
- 6.3.6 FMC Corporation
- 6.3.7 Isagro
- 6.3.8 Syngenta AG
- 6.3.9 Trical Inc.
- 6.3.10 UPL Limited
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. AN ASSESSMENT OF THE IMPACT OF COVID-19
** Subject To AvailablitySoil Fumigants Industry Segmentation
Soil fumigant applications target soil-borne pests, including nematodes, fungi, bacteria, weed, and insects. Commonly used soil fumigants include methyl bromide, chloropicrin, methyl iodide, 1, 3-dichloropropene, dimethyl disulphide, dazomet, metam sodium, and metam potassium. Liquid agricultural fumigants have larger soil applications and form the largest agricultural fumigant segment, with respect to forms. The Soil Fumigants Market is segmented by Type (Methyl Bromide, Chloropicrin, Methyl Iodide, Dimethyl Disulfide, and Other Types), Form (Solid, Liquid, and Gaseous), and Geography (North America, Europe, Asia-Pacific, South America, and Africa).
| Type | Methyl Bromide | |
| Chloropicrin | ||
| Methyl Iodide | ||
| Dimethyl Disulfide | ||
| Other Types | ||
| Form | Solid | |
| Liquid | ||
| Gaseous | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Spain | ||
| Italy | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Africa | South Africa |
| Rest of Africa |
Soil Fumigants Market Research FAQs
What is the current Soil Fumigants Market size?
The Soil Fumigants Market is projected to register a CAGR of 4.70% during the forecast period (2024-2029)
Who are the key players in Soil Fumigants Market?
ADAMA Agricultural Solution Ltd, AMVAC, Isagro, Syngenta AG and UPL Group are the major companies operating in the Soil Fumigants Market.
Which is the fastest growing region in Soil Fumigants Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Soil Fumigants Market?
In 2024, the North America accounts for the largest market share in Soil Fumigants Market.
What years does this Soil Fumigants Market cover?
The report covers the Soil Fumigants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Soil Fumigants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Soil Fumigants Industry Report
Statistics for the 2024 Soil Fumigants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Soil Fumigants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
