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Phosphine Fumigation Market: Forecast until 2022

  • January 2017
  • 133 pages
  • ID: 4684218
In this report:
The magnesium phosphide segment is expected to have the second highest CAGR of ##.##% and reach USD ##.## million by 2022.
In terms of volume, North America dominated the phosphine fumigation market in 2015 with ##.## KT; it is projected to have a CAGR of ##.##% during the forecast period, whereas the European market is expected to have the highest CAGR of ##.##%.

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"Phosphine fumigation market intended to grow at a compound annual growth rate (CAGR) of ~5.5 percent between 2017 and 2022"

The phosphine fumigation market is estimated to grow $698.00M by 2022 at a Compound annual growth rate of ~5.5 percent from 2017. The sector is influenced by Elements such as growth in appreciation about advanced modes of application of fumigation technology, growing insect population due to climatic changes, and phasing out of methyl bromide fumigants. There is high increase potential in developing markets including China and India (IN), which provides new development opportunities for market actors.

"Aluminum Phosphide recorded for the biggest market share in 2016."

The aluminum phosphide segment is expected to increase at the second more important Compound annual growth rate between 2017 and 2022. The aluminum phosphide segment is expected to rise at the maximal compound annual growth rate (CAGR) during the outlook period. It is used as an alternative for methyl bromide fumigant and is comparatively less costly than methyl bromide. The sector demand for aluminum phosphide is expected to rise due to the quickly increasing agrochemical market. Moreover, the increased agriculture production has led to increased warehousing facilities, which has fueled the market demand and usage of aluminum phosphide to protect the stored agriculture produce.

"Warehouse segment estimated to lead the industry by 2022."

Warehouses are generally used to store food grains or processed food which is highly susceptible to insect infestations and this is one of the main reasons for the usage of phosphine fumigants which has led to warehouse segments being one of the quickest increasing segment in the agricultural phosphine fumigation sector. The warehouse segment in the phosphine fumigation market is expected to grow at the highest CAGR (Compound annual growth rate) between 2017 and 2022.

"Europe market forecasted to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022."

EU is forecasted to be the quickest-increasing regional market for phosphine fumigation. Increasing production of cereals in the area and post-harvest losses of agricultural commodities due to improper storage technologies has presented different market opportunities for the consumption of phosphine fumigants in the territory. Territories in this area are focusing on sustainable agriculture to meet the industry demand for high-quality crops.

The breakdown of primaries on the basis of company, description, and area, conducted during the business research study is presented below.

By Company Type: Tier 1 - 20.0 percent, Tier 2 - 45.0 percent, and 1/3 3 - 35.0 percent

By Designation: Director Level - 22.0 percent, C Level - 28.0 percent, and Others - 50.0 percent

By area: North america (NA) - 18.0 percent, Europe - 25.0 percent, Asia-Pacific - 45.0 percent, and rest of the world - 12.0 percent

• Kenvos Biotech Co., Limited

• Nippon Chemical Industrial Co., Limited

• Ikeda Kogyo Co. Ltd

• DEGESCH America, Incorporated

Segment Research

This market report classifies the phosphine fumigation market established on category, application, form, and area. Established on category, the sector has been split into aluminum phosphide, magnesium phosphide, calcium phosphide, and others. Established on application, the industry has been divided into soil, and warehouses. Established on form, the sector has been broken down into liquid and solid phosphine fumigants. Regional segmentation of the market includes North America continent, Europe (EU), Asia Pacific (APAC), and RoW.

Why acquiring this study can help you

From an insight prospect, this market research has emphasized several levels of analyses - industry, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape-emerging and high-growth segments of the overall phosphine fumigation market; high-growth areas; and sector drivers, market restraints, and alternatives.

The market research offers business insights on the following:

• Market Uptake: Exhaustive data on fumigants provided by key players in the overall market

• Product Development/Innovative products: In-depth understanding on upcoming fumigation techniques, analysis & growth activities, and recent product launches in the phosphine fumigation market

• Market Development: Highlighted information about profitable emerging sectors

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall phosphine fumigation market

• opposing assessment: In-depth assessment of market share, strategies, products, and manufacturing competences of key players in the overall phosphine fumigation market

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