Grain Fumigants Market size worth US$2,078.855 million by 2029

grain fumigants market

The grain fumigants market is expected to grow at a CAGR of 4.16% during the forecasted period, with a market valuation of US$1,562.331 million in 2022, and is expected to reach US$2,078.855 million by 2029.

Grain fumigants are anticipated to experience a sharp rise in demand shortly due to several factors that affect the agriculture scene. For proper pest management systems, it is evident that there is a necessity for adequate pest management systems to enhance food production and storage to meet the demand for food necessitated by an increasing world population The growing awareness is another factor driving the use of contemporary fumigation techniques to maintain the quality and worth of stored grains. Increased global trade in agricultural commodities has led to a greater demand for appropriate techniques of fumigation to underpin market growth. In addition, the future of this market looks promising as more advanced fumigation formulations and application methods are developed. This also contributes to the proliferation of ecological pest control strategies viable for agricultural production.

Moreover, over time, there has been an increase in the need for fumigants in tandem with rising agricultural output. The most popular technique for killing bugs on rural lands at present is fumigation, which is more and more applied in the business of grain and oilseeds. Fumigation is among the perfect measures for preventing pests in silos or farm-level storehouses and watching out for pests’ resistance against sprays. Fumigation with methyl bromide (MB) is a useful method for ensuring that goods present the least amount of phytosanitary risk. Canada still mandates the use of MB as the only treatment that is authorized for certain products’ pre-shipment and quarantine needs, even though the European Union has outlawed its use.

Moreover, worldwide grain stocks of wheat increased to 803 million metric tons in 2022/23, from 780 million tons in 2021/22 according to IGC. Hence, it is expected that there will be an increase in farming structure, storage technologies and other items for use with items that get rid of pests. These will reduce cases of pests from materials used during agricultural storage. Thus, this will result into increased demand for agricultural fumigants across the globe.

The grain fumigants market, by product type, is divided into four types- Phosphine, sulfuryl fluoride, methyl bromide, and others. Phosphine-based fumigants are the most widely used type of fumigant across countries. They offer protection against insects and rodents and they are largely applied on stored agricultural produce. The market is dominated by North America. Many new product varieties with reduced toxicity and increased efficiency are being developed thanks to rapid investments in technology and research and development. Several factors, including shifting farming practices, improved storage technology, and consumers’ growing desire to improve the quality of agricultural output, are responsible for the growth of the agricultural fumigants market.

Moreover, Methyl bromide is preferred over other disinfectants in cargo and quarantine services due to its rapid and efficient penetration capabilities. However, because of the toxicity and risks associated with methyl bromide, this disinfectant is only allowed to be used in pre-shipment quarantines and is not to be used otherwise. Apart from these two substances, other substances that are frequently utilized as fumigants are ethylene, carbon disulfide, acrylonitrile, sulfur dioxide, paradichlorobenzene, and sulfuryl fluoride.

The grain fumigants market, by form, is divided into three types- Solid, liquid, and gas. Because solid fumigants are more widely available on the market and are used more frequently in storage facilities, the solid segment has the largest market share. While some of the active ingredients in fumigation remain gaseous throughout preparation, packaging, and release, others are liquid when packaged and turn gaseous when released. Since the active ingredient is volatile when stored in ordinary containers, it is not formulated under pressure. Others are solids that, when applied in environments with high humidity or water vapour, release gas. Methyl bromide; sulfuryl fluoride and phosphine are the fumigants that are mostly in use in the market. Depending on their specific applications and contents, the fumigants operate differently.

The grain fumigants market, by application, is divided into two types- Commercial and residential. The fumigation that is done at home by small-scale farmers or residential consumers before their produce being sold is included in the residential segment. Ships, trucks, containers, ports, railroads, and warehouses are all places where commercial fumigation occurs. Grain that is shipped from one port to another is fumigated by marine vessels. To prevent insect infestation brought on by temperature and humidity variations during transit, fumigation is done inside the container. Grain shipped by car or train is fumigated using rail and vehicle transportation. These trains often carry grains to inland locations and require less fumigation than ship fumigation because ship transport is time-consuming compared to rail or car transport.

The Asia Pacific region is expected to witness significant growth in the grain fumigants market during the forecasted period. In the region’s agriculturally-intensive nations—India, China, and other Southeast Asian countries—the need for soil fumigants is rising quickly. Many people are living in the area, and as a result of rapid industrialization and urbanization, disposable income is rising dramatically. As a result, there is a rising need in Asia for wholesome, high-quality food products. China is a major consumer of grain fumigant in the region, with India, Thailand, and other Southeast Asian nations following suit. Solid fumigants hold a substantial market share among fumigants due to their ease of application on products.

The research includes several key players from the grain fumigants market, such as UPL Limited, Syensqo, Corteva Agriscience, BASF SE, Detia Degesch GmbH, Douglas Products (Brightstar Capital Partners), ECOTEC Fumigation, Strike Fumigant, Rollins, Inc., Royal Group.

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The analytics report categorizes the grain fumigants market using the following criteria:

Segmentation: