Soil Fumigants Market to reach $1.9 Billion by 2030; Need for food security, rising prevalence of crop diseases, growing use of fumigants in cereal production and growing incidences of pest attacks are driving the demand for soil fumigants globally.

The Soil Fumigants Market size is estimated to reach $1.9 Billion by 2030, growing at a CAGR of 4.1% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Soil Fumigants Market - By Product (Methyl Bromide, Chloropicrin, Methyl Iodide, Dimethyl Disulfide, Phosphine, 1,3-Dichloropropene, Metam Sodium, Carbon Disulphide, Ethylene dibromide (EDB), Methyl Chloroform and Others), By Form (Powder, Liquid and Gases), By Crop Type (Oil seeds, Cereals& Grains, Fruits & Vegetables, Pulses and Others), By Function (Nematicides, Insecticides, Fungicides, Herbicides and Others), By Geography - Opportunity Analysis & Industry Forecast, 2024-2030”.

Need for food security, rising prevalence of crop diseases, growing use of fumigants in cereal production and growing incidences of pest attacks are fueling the growth of the Soil Fumigants industry during the forecast period. 

APAC accounted for the largest share of 36% of the Soil Fumigants Market in 2023. The rise in population in countries like China and India and their requirement to produce higher yields in order to meet the food demand are fuelling the market growth in this region. For example, as per FAO, India is the world's largest producer of pulses   and jute, and ranks as the second largest producer of rice, wheat, sugarcane, groundnut, vegetables, fruit and cotton. It is also one of the leading producers of spice   and plantation crops. According to India Brand Equity  Foundation, India is one of the major players in the agriculture sector worldwide and it is the primary source of livelihood for ~55% of India’s population. India has largest area planted for wheat, rice, and cotton, and is the largest producer of milk, pulses, and spices in the world. It is the second-largest producer of fruit, vegetables, tea, cotton, sugarcane, wheat, rice, cotton, and sugar. The agriculture sector in India holds the record for second-largest agricultural land in the world generating employment for about half of the country’s population. 

Rising incidences of pest attacks globally is driving the market growth of soil fumigants. Pest infestations can lead to severe crop loss, impacting both farmers' livelihoods and global food security The rise of agricultural production has been driven by the growing global population and rising food demand, which has increased the need for soil fumigants to control pests and diseases. New and evolving pests and diseases are becoming increasingly resistant to traditional control methods, necessitating the use of stronger and more effective soil fumigants.Such scenarios are driving the market growth of soil fumigants to increase high yields of crops. 

Fumigation has been made safer, more effective, and less harmful to the environment through the use of technologically advanced soil fumigants. Improvements in delivery mechanisms, chemical residue minimization, and lessening of the negative effects on non-target creatures are the goals of these advancements. For instance, with drip fumigation, application accuracy is increased by delivering fumigants straight to the soil through irrigation lines. While ensuring better distribution and soil penetration, this technique lowers the amount of chemicals needed. 

Key companies profiled in the Soil Fumigants Market are BASF SE, FMC Corporation, Sumitomo Chemical Co., Ltd, Syngenta Group, UPL Limited, Isargo S.p.A, Nufarm, Valent BioSciences LLC, Corteva, Bayer AG and Others.

Agricultural Fumigants Market : Agricultural Fumigants market size is forecast to reach US$3.1 billion by 2030, after growing at a CAGR of 4.2% during 2024-2030. The USDA defines fumigation as the process of releasing and dispersing a toxic chemical that reaches a targeted pest in the gaseous state. 

Soil Stabilization Market : Soil Stabilization Market size is forecast to reach $33.3 billion by 2025, after growing at a CAGR of 4.9% during 2020-2025. With the rising demand from agricultural sector is driving the Soil Stabilization market. Soil stabilization is also used in the construction of airports, roadways, site development projects, and others. 

Manufactured Soil Market : Manufactured Soil Market size is forecast to reach $9.9 billion by 2025, after growing at a CAGR of 6.9% during 2020-2025. From many years soil is constantly used for farming due to which soils losses its productivity and turns it into unusable.