The agricultural fumigants market is set to experience significant growth, expanding from USD 2.2 billion in 2021 to USD 2.7 billion by 2026, exhibiting a CAGR of 4.2% during the forecast period. The surge in pest and insect outbreaks, attributed to the effects of climate change, is fostering the adoption of agricultural fumigant products.
The increasing emphasis on reducing post-harvest losses serves as a key driver for the agricultural industry. Vital for ensuring food security, the mitigation of post-harvest losses is essential, stemming from changes that occur during the handling of freshly harvested agricultural produce. Fumigation emerges as a crucial tool in preventing these losses by effectively tackling pests.
Ammonia gas fumigation, for instance, plays a pivotal role in controlling the decay of citrus post-harvest. It proves highly effective in managing post-harvest green mold and blue mold, caused by Penicillium digitatum and Penicillium italicum, respectively, in lemons and oranges. The application of fumigation technologies not only prevents post-harvest losses but also maintains the quality of agricultural commodities.
Beyond pest prevention, fumigation technology contributes to the comprehensive cleaning of storage areas, silos, and warehouses. This proactive approach is integral in pre-harvest cleaning practices for grain storage. Altogether, the focus on reducing post-harvest losses underscores the critical role of fumigation technology in preserving the quality and quantity of agricultural yields.
Key Players Driving Market Dynamics
Prominent players contributing to the growth and development of the agricultural fumigants market include BASF SE, Syngenta, ADAMA, ARKEMA, Nufarm, Solvay, Tessenderlo Kerley, Inc., SGS SA, UPL, AMVAC, Trinity Manufacturing, Inc., Douglas Products, Intertek, Nippon Chemical Industrial Co., LTD., and MustGrow Biologics, Inc.
