Market Size of Soil Fumigants Industry
| 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 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 |
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Soil Fumigants Market Size Summary
The soil fumigants market is experiencing growth driven by the increasing prevalence of crop diseases and the rising demand for food in both developed and emerging economies. The need to enhance crop productivity and reduce post-harvest losses has become more pronounced, especially in the wake of the Covid-19 pandemic. This has led to a heightened focus on the application of soil fumigants as a necessary measure to meet the global food demand, which is expected to rise significantly due to the exponential increase in the global population. Despite environmental and regulatory concerns, the market is poised for expansion as the demand for agricultural warehouses and associated products, like fumigants, continues to grow.
The Asia-Pacific region dominates the global soil fumigants market, with countries like China and Japan playing significant roles in its development. While China has increased the use of methyl bromide for quarantine and soil disinfestation purposes, Japan is actively working on alternatives to reduce reliance on this chemical. The market is consolidated, with major players such as ADAMA Agricultural Solution Ltd, AMVAC, Corteva Agriscience, Isagro, Syngenta AG, and UPL Limited leading the way in developing new qualitative products and technologies. Innovations like TriCal Australia's STRIKE soil fumigants, which utilize Chloropicrin and Telone, are examples of advancements aimed at managing soil-borne fungal pathogens effectively.
Soil Fumigants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Methyl Bromide
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2.1.2 Chloropicrin
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2.1.3 Methyl Iodide
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2.1.4 Dimethyl Disulfide
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2.1.5 Other Types
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2.2 Form
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2.2.1 Solid
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2.2.2 Liquid
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2.2.3 Gaseous
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Spain
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2.3.2.5 Italy
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Africa
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2.3.5.1 South Africa
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2.3.5.2 Rest of Africa
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Soil Fumigants Market Size 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.
