|
Home | Search Global IT News:
|
|
|
|
|
IT News & Press Release Distribution:
|
|
|
(IT-NEWSWIRE.COM, July 11, 2019 ) Market Overview
The global warehouse fumigants market was valued at USD 1,030.9 million in 2018, and it is expected to register a CAGR of 5.4% during the forecast period (2019-2024). In 2018, North America was the largest geographical segment of the market studied and accounted for a share of around 33.8% of the global market. By type, the phosphine-based fumigant product segment had the largest market share of 26.3% in 2018 and is expected to remain the fastest-growing segment during 2019-2024.
Asia-Pacific has been identified as the region, which is yet to reach its maximum potential in the warehouse fumigant market. The market is driven by several factors, like rapid technological advancement in the sector, growing concerns over the post-harvest loss, and the shift in advance farming practices that led to increased yield. The introduction of fumigants to plants helps them keep the diseases away from their roots and to produce a better yield.
Request a sample of Warehouse Fumigants Market report @ http://www.arcognizance.com/enquiry-sample/382074
Scope of the Report
The use of fumigants helps increase the yield of the crop in the fields. The use of phosphine fumigants is a very effective method to control insects and pests in silos, grain bins, and warehouses, which is one of the major drivers of the market. Companies are also investing in many new storage technologies and integrating advanced fumigant technologies, which is expected to help in improving storage technologies for fumigants and boost the warehouse fumigants market in the long run.
Key Market Trends
Increased Need for Pest Control
The largest natural threat to the safe storage and distribution of grains is insect infestation in the pest control industry. However, tools like fumigation are more effective in controlling pest infestations and are more effective, as compared to structural and warehouse fumigation. It is anticipated that due to climate changes, like an increase in temperature, the insect population is going to increase in the future, leading to increased dependence on the usage of fumigants. In order to control insects in commodities and export materials, fumigation is one of the general methods, which is adopted widely across emerging countries. Globally, phosphine and methyl bromide are the two common fumigants, which are used for stored product protection.
North America Dominates the Global Market
North America contributes a significant share of global warehouse fumigant consumption with a 33.8% share in 2018, with the United States and Canada accounting for around 80% of the regional market. North America is a major market for agriculture fumigants, with over 250 authorized products available in the main countries of the United States and Canada. The major commodities using fumigants for both warehouse and soil application in the region are, corn, rice, barley, potato, tomato, wheat, strawberry, cabbage, etc. Due to very low export and storage capacities of countries like including Cuba, the Dominican Republic, Costa Rica, Jamaica and others, the growth rate and market share are expected to remain constant, until regulatory ban or stringent regulations on the usage of warehouse fumigants are brought into effect.
Access this report of Warehouse Fumigants Market @ http://arcognizance.com/report/warehouse-fumigants-market-growth-trends-and-forecast-2019-2024
Competitive Landscape
The global warehouse fumigants market has been getting into a fragmented shape since 2016, and this process is likely to continue in the future as well. Acquisitions, partnerships and expansions account for more than half of the share among the strategies adopted by leading players. The main reason behind such intensive M&A activities, is the collaboration of new technology of the two companies, in order to develop technologically advanced and user-friendly fumigants for the market. The major acquisitions and industrial collaborations taking place are targeted toward forward and backward integration for deeper penetration and positioning in the market.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Buy The Report @ http://www.arcognizance.com/purchase/382074
Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: COMPETITIVE LANDSCAPE
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS
Request a sample of Warehouse Fumigants Market report @ http://www.arcognizance.com/enquiry-sample/382074
Our Most Trending Other Press Release:
Car Rental and Leasing Services Market 2019 Size, Analysis, Trends, Growth, Applications, Location-Based Services, Advancements & Business-Opportunities in Transportation-Sector, Segmentation 2024 @ http://www.reuters.com/brandfeatures/venture-capital/article?id=92371
About Us:
www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics based on the data collection facilities of big data, the face of business research facilities has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the out of the box developments in the market.
Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
Phone: +1 (646) 434-7969 +91 90967 44448
Email: enquiry@arcognizance.com
Analytical Research Cognizance
Avanti dengale
16464347969
avanti.dengale@arcognizance.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Information Technology (IT) Advertisement
|
|
|
|
|
Information Technology Sponsors
|
|
|
|
|
