Limitations of Traditional Pest Control Methods Increasing Popularity of Organic Fumigation Products: Fact.MR Report

ROCKVILLE, MD, UNITED STATES, June 4, 2024 /EINPresswire.com/ -- According to data released in an updated industry research report by Fact.MR, the global fumigation product market is poised to reach a valuation of US$ 871.9 million in 2024 and further expand at 4% CAGR from 2024 to 2034. Fumigants are substances that emit deadly gases when inhaled due to their toxic or volatile nature. They are used to kill nematodes, insects, and pests that pose a threat to seeds, stored food, clothing, human residences, and nursery stock.

In rodent pest control, burrow fumigants find applications in agricultural fields, vehicles transporting food commodities, and residential areas. Fumigation is used in treating nursery stocks, utilizing key fumigants like naphthalene, methyl bromide, hydrogen cyanide, and nicotine for this purpose. The effectiveness of these fumigants relies heavily on the application method, and they can be employed individually or in combination with other chemicals to enhance their efficacy.

Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=5898

Development of biofumigants or organic fumigants presents promising opportunities for expanding the fumigant products market. Leading players in the fumigation product market are focusing on introducing new biofumigation products to cater to the growing demand in this segment. While various chemical fumigation products have their limitations, such as high costs, reduced efficacy on specific pests, and usage restrictions, this prompts customers to transition towards innovative fumigation techniques that leverage fumigants extensively. The advent of these novel fumigation techniques opens up potential avenues for the growth of the fumigant chemical products market.

Key Takeaways from Market Study

The global fumigation product market has been calculated to reach a value of US$ 1.29 billion by 2034. The market in North America is projected to expand at 4% CAGR from 2024 to 2034 and account for 27.6% of the global market share by 2034.

East Asia is forecasted to occupy a 28.5% market share by 2034-end. The market for fumigation products in China is projected to reach a value of US$ 210.8 million by 2034-end. Gas fumigation products are forecasted to account for 48.9% market share by 2034. The East Asia market is forecasted to expand at 4.1% CAGR through 2034.

“Combination of population growth, food safety concerns, urbanization, and technological advancements is driving the need for stringent regulations and innovative solutions for crop protection such as fumigation products”, says a Fact.MR analyst.

Market Developments

Leading manufacturers of fumigation products are Rentokil Initial Plc, Solvay S.A., Detia Degesch GmbH, Industrial Fumigant Company LLC, and Royal Agro Organic Pvt. Ltd.

In 2021, Draslovka Services Group acquired Chemours Company's mining solutions business. Draslovka was able to establish operations in three continents, Europe, East Asia, and the Americas, by acquiring Chemours' mining business, allowing it to offer high-quality products and services to customers in the agriculture, mining, and diversified industrial sectors around the world.

Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5898

Explore More Related Studies Published by Fact.MR Research:

Agricultural Fumigants Market: The global Agricultural Fumigants Market is estimated at US$ 1 Bn in 2022 and is projected to reach a valuation of US$ 1.4 Bn by 2032, expanding at a CAGR of 2.8% through the forecast period of 2022-2032.

Potassium Cyanide Market: The global potassium cyanide market size was valued at US$ 49.3 Billion in 2023, and is estimated to reach US$ 70.9 Billion by 2033, with a projected compound annual growth rate (CAGR) of 3.7% during the forecast period from 2023 to 2033.

About Fact.MR:

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team: sales@factmr.com

S. N. Jha
Fact.MR
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.