Market: Overview
Phosphine Fumigation Market is cherished to exhibit a
convincing upswing of a CAGR of 5.4% during the forecasted period of 2023 to
2032. The Phosphine Fumigation Market was valued at USD 649.3 million in 2022
is estimated to display a significant development of USD 988.4 million by 2033.
Phosphine fumigation is a very cost efficient and simple way of disinfestation of insects and pests in bulk commodities. This chemical compound can also be used as curative pest control solution. The fumigation proves effective when applied for bulk quantity of insects such as beetles, weevils, mites, and moths.
The insects infest the grain in bulk quantities such
as cocoa, rice, nuts, animal feed and raw material used in food and feed
manufacture. The phosphine fumigation is a universally accepted treatment for
disinfestation and it removes the life cycle stages of the insect.
With technological advancement and rising availability of mode of application the phosphine fumigation market is gradually holding the grip of fast growth. Constant change in climate is spoiling the stored food grains which is a boosting factor for phosphine fumigation market. Grains does not require fumigation for the initial first year. However, in-case the grains need to be exported then they require to undergo a fumigation process due to humidity present in the ware house.
One of the driving factors of the
fumigation is due to its potential to penetrate every grain to avoid from
decaying. Nevertheless, due to stringent rules and policies of the government
on the use of phosphine is expected to drain the market. However, with the
expansion of agro-industries in developing countries it is expected to create
growth opportunities for the market.
Phosphine Fumigation
Market: Key Trends
Persistent environmental
crisis propelling growth of Phosphine Fumigation
Rising environmental crisis is increasing the population of insects which is anticipated to augment the growth of the market. Due to constant changes in climate the crop production and the stored grains are highly impacted. With drastic increase temperature and carbon dioxide levels, the planet is expected to heat up-to a crucial limit by 2030.
Temperature plays a vital role in farming. In case of unseasonal rains and storms the crops get rotten or damaged. The crops start worming rapidly spoiling the whole yield. In addition to this, increased global warming is another trigger for expansion of invasive worms.
Moreover, the global environmental crisis aggravates the pest
issues and there is a great requirement to implement insect management
strategies such as monitoring the climate and controlling the pest population
trough varied fumigation process.
With use of advanced technology in application mode of fumigation has led to market progression. Technological advancement in the field of agriculture has boosted the market growth.
The different modes of application have brought a change in the yield production. This advancement has modified the ways of application of fumigation and as a result the yield is worm free and of better quality. With the invasion of Covid- 19 pandemic and related confinement bars the world-wide businesses were drastically affected.
The initial wave of Covid-19 caused an unprecedented contraction in economic
activity and a collapse of overall logistics that brought the supply chain to
standstill. As a result, there was need to restore a heap of stack and its
maintenance. Hence there was need for deworming the stacks. This affected the
market positively.
Phosphine Fumigation Market:
Segmentation Analysis
Phosphine Fumigation
Market Key Players:
Some of the prominent players include
BASF SE
Dow
DuPont
Bayer AG
VanDeMark Chemical Inc.
Wanhua.
Vertellus
Atul Ltd
Paushak Ltd.
UPL
PMC ISOCHEM
H & H Products Ltd
JH-products
PPG Industries
Farlex
Covestro AG
Tosoh Corporation
Mitsui Chemicals
Huntsman Corporation
Phosphine Fumigation
Market by Product type:
The market is
segmented into
· Aluminium
Phosphide
· Magnesium
Phosphide
· Calcium
Phosphide
Of all types, Aluminium Phosphide market is expected to rule
the market owing to the growth of agrochemical market and its cost
effectiveness.
Phosphine Fumigation
Market by Application:
On the basis of
application, the market is segmented into
· Raw agricultural commodities
· Warehouse
· Stored
processed food
Among all categories, the Warehouse segment is expected to
hold a key share of the market. Warehouses are used to store food grains and
raw materials for longer time till export which are susceptible to insect
infestation. Phosphine fumigation helps control the infestation of the insects
stored in airtight structures as metal silos, brick silos, and barrels etc.
that can be sealed.
Phosphine Fumigation
Market by Form:
Based on the form the
Phosphine Fumigation Market is subdivided in to
· Liquid
· Solid
Of which, the Solid segment is anticipated to reach at a
significant level during the forecasted period.
Phosphine Fumigation
Market: Regional Analysis
Based on the geographical view, the market occupies regions
as North America, Europe, Asia-Pacific, South America, and Middle-East and
Africa North America, Europe, Asia Pacific, Latin America, Middle East &
Africa. North America dominated the market in 2021 and continue to do the same
during the forecasted period. This is due to the prevalence of several harvest
protection chemical manufacturers in the region. Following North America,
Europe is likely to witness substantial growth due to growing agricultural
industries along with suitable climatic conditions.
Phosphine Fumigation Market:
Competitive Landscape
The key trend of merger and acquisitions in Phosphine Fumigation Market are developing is the key strategy adopted by major companies. The Phosphine Fumigation Market is a highly competitive market due to the presence of multiple regional and multinational markets with wide range of products.
Some of the prominent players are Amcor Plc (Switzerland), DOW
(US), WestRock Company (US), Sonoco Products Company (US), Constantia Flexibles
(Austria), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and
Company (US), Honeywell International Inc. (US), Tekni-Plex (US), Display Pack
(US), and others.
Report Scope:
• Phosphine Fumigation Market Forecast Years: 2023-2032
• Phosphine Fumigation Market Historical Years: 2020-21
• Phosphine Fumigation Market: USD 649.3 million
• Phosphine Fumigation Projected Market 2033: USD 988.4
million
• Phosphine Fumigation Market CAGR: 5.4%
• Key Segments: Types, Forms, Applications, and Region
• Key Regions & Countries: North America, Europe, Asia
Pacific, Latin America, Middle East & Africa.
1.
Global Phosphine Fumigation Market
Introduction and Market Overview
1.1. Objectives
of the Study
1.2. Phosphine Fumigation Market Definition & Description
1.3. Global
Phosphine Fumigation Market Scope and Market Estimation
1.3.1. Global
Phosphine Fumigation Market Size, Revenue (US$ Mn), Market CAGR (%), Market
forecast (2023-2033)
1.3.2. Global
Phosphine Fumigation Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1. Product
Type of Global Phosphine Fumigation Market
1.4.2. Application
of Global Phosphine Fumigation Market
1.4.3. Form of
Global Phosphine Fumigation Market
1.4.4. Region
of Global Phosphine Fumigation Market
2.
Executive
Summary
2.1. Global
Phosphine Fumigation Market
Industry Trends under COVID-19 Outbreak
2.1.1. Global
COVID-19 Status Overview
2.1.2. Influence
of COVID-19 Outbreak on Global Phosphine
Fumigation Market Industry Development
2.2. Market
Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact
Analysis of Drivers and Restraints
2.3. Pricing
Trends Analysis & Average Selling Prices (ASPs)
2.4. Key
Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s
Five Forces Analysis
2.5.1. Bargaining
Power of Suppliers
2.5.2. Bargaining
Power of Buyers
2.5.3. Threat
of Substitutes
2.5.4. Threat
of New Entrants
2.5.5. Competitive
Rivalry
2.6. Value
Chain / Ecosystem Analysis
2.7. PEST
Analysis
2.8. Russia-Ukraine
War Impacts Analysis
2.9. Economic
Downturn Analysis
2.10. Market
Investment Opportunity Analysis (Top Investment Pockets), By Segments & By
Region
3.
Global
Phosphine Fumigation Market Estimates
& Historical Trend Analysis (2020 - 2022)
4.
Global
Phosphine Fumigation Market Estimates
& Forecast Trend Analysis, By Product Type
4.1. Global
Phosphine Fumigation Market Revenue (US$ Mn) Estimates and Forecasts, By Product
Type, 2023 to 2033
4.1.1. Aluminium
Phosphide
4.1.2. Magnesium
Phosphide
4.1.3. Calcium
Phosphide
5.
Global
Phosphine Fumigation Market Estimates
& Forecast Trend Analysis, By Application
5.1. Global
Phosphine Fumigation Market Revenue (US$ Mn) Estimates and Forecasts, By Application,
2023 to 2033
5.1.1. Raw
agricultural commodities
5.1.2. Warehouse
5.1.3. Stored
processed food
6.
Global
Phosphine Fumigation Market Estimates
& Forecast Trend Analysis, By Form
6.1. Global
Phosphine Fumigation Market Revenue (US$ Mn) Estimates and Forecasts, By Form, 2023
to 2033
6.1.1. Liquid
6.1.2. Solid
7.
Global
Phosphine Fumigation Market Estimates
& Forecast Trend Analysis, By Region
7.1. Global
Phosphine Fumigation Market Revenue (US$ Mn) Estimates and Forecasts, By Region,
2023 to 2033
7.1.1. North
America
7.1.2. Europe
7.1.3. Asia
Pacific
7.1.4. Middle
East & Africa
7.1.5. South
America
8.
North
America Phosphine Fumigation Market:
Estimates & Forecast Trend Analysis
8.1. North
America Phosphine Fumigation Market Assessments & Key Findings
8.1.1. North
America Phosphine Fumigation Market Introduction
8.1.2. North America
Phosphine Fumigation Market Size Estimates and Forecast (US$ Million) (2023 to
2033)
8.1.2.1. By Product Type
8.1.2.2. By Application
8.1.2.3. By Form
8.1.2.4. By
Country
8.1.2.4.1. The
U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Europe
Phosphine Fumigation Market: Estimates
& Forecast Trend Analysis
9.1. Europe
Phosphine Fumigation Market Assessments & Key Findings
9.1.1. Europe
Phosphine Fumigation Market Introduction
9.1.2. Europe
Phosphine Fumigation Market Size Estimates and Forecast (US$ Million) (2023 to
2033)
9.1.2.1. By Product Type
9.1.2.2. By Application
9.1.2.3. By Form
9.1.2.4. By
Country
9.1.2.4.1. Germany
9.1.2.4.2. U.K.
9.1.2.4.3. France
9.1.2.4.4. Italy
9.1.2.4.5. Spain
9.1.2.4.6. Russia
9.1.2.4.7. Rest
of Europe
10. Asia Pacific Phosphine Fumigation Market: Estimates &
Forecast Trend Analysis
10.1. Asia
Pacific Market Assessments & Key Findings
10.1.1. Asia
Pacific Phosphine Fumigation Market Introduction
10.1.2. Asia
Pacific Phosphine Fumigation Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
10.1.2.1. By Product Type
10.1.2.2. By Application
10.1.2.3. By Form
10.1.2.4. By
Country
10.1.2.4.1.
China
10.1.2.4.2.
Japan
10.1.2.4.3.
India
10.1.2.4.4.
Australia
10.1.2.4.5.
South Korea
10.1.2.4.6.
ASEAN
10.1.2.4.7.
Rest of Asia Pacific
11. Middle East & Africa Phosphine Fumigation Market: Estimates &
Forecast Trend Analysis
11.1. Middle
East & Africa Market Assessments & Key Findings
11.1.1. Middle
East & Africa Phosphine Fumigation
Market Introduction
11.1.2. Middle
East & Africa Phosphine Fumigation Market Size Estimates and
Forecast (US$ Million) (2023 to 2033)
11.1.2.1. By Product Type
11.1.2.2. By Application
11.1.2.3. By Form
11.1.2.4. By
Country
11.1.2.4.1. U.A.E.
11.1.2.4.2. Saudi
Arabia
11.1.2.4.3. Egypt
11.1.2.4.4. South
Africa
11.1.2.4.5. Rest
of Middle East & Africa
12. South America Phosphine Fumigation Market: Estimates &
Forecast Trend Analysis
12.1. South
America Market Assessments & Key Findings
12.1.1. South
America Phosphine Fumigation Market Introduction
12.1.2. South
America Phosphine Fumigation Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
12.1.2.1. By Product Type
12.1.2.2. By Application
12.1.2.3. By Form
12.1.2.4. By
Country
12.1.2.4.1. Brazil
12.1.2.4.2. Argentina
12.1.2.4.3. Colombia
12.1.2.4.4. Rest
of South America
13. Competition Landscape
13.1. Global
Phosphine Fumigation Market Competition Matrix & Benchmarking, by Leading
Players / Innovators / Emerging Players / New Entrants
13.2. Global
Phosphine Fumigation Market Concentration & Company Market Shares (%)
Analysis, 2022
14. Company Profiles
14.1. Amcor Plc (Switzerland)
14.1.1. Company
Overview & Key Stats
14.1.2. Financial
Performance & KPIs
14.1.3. Product
Portfolio
14.1.4. Business
Strategy & Recent Developments
* Similar details would be provided for all the
players mentioned below
14.2. DOW (US)
14.3. WestRock Company (US)
14.4. Sonoco Products Company (US)
14.5. Constantia Flexibles (Austria)
14.6. Klockner Pentaplast Group (Germany)
14.7. E.I. du Pont de Nemours and Company (US)
14.8. Honeywell International Inc. (US)
14.9. Tekni-Plex (US)
14.10. Display Pack (US)
14.11. Others**
15. Research Methodology
15.1. External
Transportations / Databases
15.2. Internal
Proprietary Database
15.3. Primary
Research
15.4. Secondary
Research
15.5. Assumptions
15.6. Limitations
15.7. Report
FAQs
16. Research Findings & Conclusion
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The Phosphine Fumigation Market is cherished to exhibit a convincing upswing of a CAGR of 5.4% during the forecasted period of 2023 to 2032. The Phosphine Fumigation Market was valued at USD 649.3 million in 2022 is estimated to display a significant development of USD 988.4 million by 2033.
Rising environmental crisis is increasing the population of insects which is anticipated to augment the growth of the market.
Some of the major players operating within the market are BASF SE, Dow, DuPont, Bayer AG, VanDeMark Chemical Inc., Wanhua., Vertellus, Atul Ltd, Paushak Ltd., UPL, PMC ISOCHEM, H & H Products Ltd, JH-products, PPG Industries, Inc., Farlex, Inc, Covestro AG, Tosoh Corporation, Mitsui Chemicals, Inc., Huntsman Corporation
Based on the geographical view, the market occupies regions as North America, Europe, Asia-Pacific, South America, and Middle-East and Africa North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
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