Agricultural Fumigants Market Poised for Robust Growth Driven by Climatic Impact on Pest Proliferation
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. Download PDF Brochure Phosphine Emerges as Key Driver of Market Growth Phosphine, particularly Aluminum phosphide, takes center stage as the major product type propelling the agricultural fumigants market forward. Widely utilized in warehouses and storage houses by farmers due to its cost-effectiveness compared to methyl bromide, phosphine chemicals are in high demand. The escalating growth in the agrochemical industry further fuels the demand for phosphine, particularly in treating stored food grains and processed food, positioning it as one of the fastest-growing segments in the market. Fruits & Vegetables Lead in Crop Type Segment The fruits ...