Grain Fumigants Market Overview
The Global Grain Fumigants Market reached USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 5.1% during the forecast period (2023-2030). Grain fumigation is used to protect grains from insects and mite pests.
There is an increase in the demand for grains among consumers which helps to increase the need for fumigants to protect the quality of the grains. Grain fumigation is a preventive measure treatment that helps to protect grains from insects and pests. The increase in the insect population due to the change in climate creates new demand for grain fumigants.
To control the spread of insect fumigation, gas-tight storage is the only effective option to prevent insect infection in the grains. Also, a rise in health consciousness and high demand for enhanced quality crops affects the grain fumigants market.
Market Scope and Summary
| Metrics | Details |
| CAGR | 5.1% |
| Size Available for Years | 2021-2030 |
| Forecast Period | 2023-2030 |
| Data Availability | Value (US$) |
| Segments Covered | Product Type, Crop Type, Form, Application and Region |
| Regions Covered | North America, Europe, Asia-Pacific, South America and Middle East & Africa |
| Fastest Growing Region | Asia-Pacific |
| Largest Region | North America |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Market Dynamics and Trends
The Growing Demand for the Grain Storage Facilities Helps to Boost the Market Growth
Between 2009 and 2050, the global population is projected to increase by more than a third or 2.3 billion people. Therefore, the need for grain is increasing in the forecast period. Some countries in the world produced higher amounts of grains and some countries produce less amount of grains. This variation in production creates the need for trade activities to meet the grain needs of their respective population.
Therefore increase in the need for storage of grains to use in the off-season and for import and export activities. Grain fumigation is preventive action to protect grains from pests and insects. As there is an urgent need in the world to ensure food security the demand for fumigants increases in the future.
Negative Impact of Fumigants on Environment and Human Health to Hamper Market Growth
Chloropicrin and dichloro propene cause severe eye and lung irritation, which is one of the side effects of fumigant exposure. All three forms of metam potassium, sodium and dichloro propene cause cancer and sodium metal also harms reproduction.
Acute or chronic intoxication by fumigants may cause headache, memory and concentration problems, nausea, skin irritation, respiratory distress, and muscle cramping, either singly or in various combinations. These symptoms are urgent warning signs of fumigant intoxication or other dangerous chemical residues in the carried commodities when they appear in personnel opening and unloading containers, unpacking imported items, ventilating containers or operating on bulk carriers.
The dose and length of exposure, distribution and release of the fumigant, its kinetics, the individual vulnerability of the person, and any concurrent exposure to other hazardous substances all affect how severe the condition will be.
Market Segment Analysis
The global grain fumigants market is segmented based on product type, crop type, form, application and region.
Owing to Effectiveness of the Methyl Bromide in Fumigation, the Segment is Expected to Grow
Methyl bromide is a fumigant used in shipping and agriculture to suppress pests. Methyl bromide is an odorless, colorless gas that is used in shipping and agriculture to manage a wide range of pests, including rodents, nematodes (or roundworms), weeds, insects, and fungi.
Because of its capacity to harm the ozone layer, the usage of methyl bromide is currently being reduced. It works quickly, and 12 to 24 hours after application, the grains can be aerated.
Source: DataM Intelligence Analysis (2023)
Market Geographical Penetration
The Strong Presence of Major Players and Increased Awareness About the Use of Eco-friendly Products in APAC
The growing demand in developing countries, especially in Asia-Pacific, creates opportunities for manufacturers to expand their operations in these regions. The region has many manufacturers and suppliers, and its strong economic growth has increased industrial production, boosting demand. The demand for grain fumigants is increasing rapidly in developing countries like China and India.
The increasing population of the countries like China and India due to this demand for grain is increasing significantly. China is one of the largest consumers of grain fumigants in the region. During the projection period, market expansion in this area is anticipated to be driven by rising cereal and grain production and consumption, as well as rising warehouse adoption of cutting-edge storage technologies.
Source: DataM Intelligence Analysis (2023)
Companies and Competitive Landscape
The major global players include Corteva Agriscience, UPL Limited, Douglas Products, Solvay, Noble Crop Science, Detia Degesch GmbH, Rollins, Inc., ECOTEC Fumigation, BASF SE, and Royal Group.
Key Developments
- On June 2, 2021, the Detia Degesch Group acquired Universal Fumigation Services Ltd. Universal Fumigation Services Ltd.is focus on the ship fumigation. Through this acquisition both the companies continued their expansion in Canada.
- On November 20, 2019, Solvay completed purchase of Agrifum. It enables Solvay to offer its premium line of speciality fumigation products based on high-purity phosphine gas directly into the Turkish market under the ECO2FUME and VAPORPH3OS names. The nation is a large producer of grains, vegetables, nuts, and dried fruits in addition to serving as a vital agricultural link between European and Asian food transit routes.
- On January 20, 2022, Bunge acquired 33% of stake in Brazil-based Sinagro. In this context, Bunge has a contract with UPL Ltd and other Sinagro Produtos Agropecuarios SA, Brazil (Sinagro) stockholders. Bunge is a multinational agriculture corporation with a focus on soybean exports, food processing, grain trading, and fertilisers.
Why Purchase the Report?
- To visualize the global grain fumigants market segmentation based on product type, crop type, form, application and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of grain fumigants market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The global grain fumigants market report would provide approximately 77 tables, 80 figures and 195 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
