Phosphine Fumigation Market Share, Size 2022 Future Demand, Strategies, and Regional Forecast to 2030

Global Phosphine Fumigation Market- Description

There are various ways to prevent insects from attacking stored products. Once insects get into a stored product, only a few radical solutions are available for getting rid of them.

A little number of products can be heated or frozen to kill the insects. Large quantities of stored products need to be fumigated. Therefore, this publication provides information about how to use phosphine fumigants to control insect affliction in stored agricultural products.

Phosphine fumigants are sold out in the market in solid form only, either as aluminium phosphide or magnesium phosphide. The publication stresses aluminium phosphide that is sold under different brand names including Phosphene, Weedicide and Protoxin.

Aluminium phosphide can be used to get rid of insect infestations in a variety of products, including feed ingredients such as corn, grass seed, cottonseed, millet, peanuts, oats, pecans, popcorn, sorghum, soybeans, rye, triticale, and wheat and also animal feed.

It is also used for processed foods, for the time until the residue dust does not come in direct contact with the product. They can be used on some non-food commodities also including straw and hay, feathers, cotton, tobacco, dried plants and flowers, and seeds.

The fumigant label has a complete chart of products that can be fumigated.

Global Phosphine Fumigation Market-Overview

Majorly driven by an expansion in recognition of advanced modes of application of fumigation technology, the gross Global Phosphine Fumigation Market is to reach USD 988.4 Million by 2028, from USD 649.3 Million in 2022, at a CAGR of 5.4%.

Owing to the increasing command for phosphine fumigation for several implementations such as insect infestations. Phosphine fumigation can be done by using tablets, powder, phosphine gas and pellets which can be spread, placed or sprinkled to control insect infestation.

A recent analysis of the Global Phosphine Fumigation Market shows us that the increasing insect population is due to climatic changes which increase the market growth.

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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.

Global Phosphine Fumigation Market Segmentation

Segmentation based on Type

• Magnesium Phosphide
• Aluminium Phosphide

Based on the types, the phosphine fumigation market has been segmented into aluminium phosphide, magnesium phosphide, calcium phosphide, and others. The demand for aluminium phosphide is expected to increase owing to the rapid growth of the agrochemical industry and the lesser cost of aluminium phosphide than methyl bromide.

Segmentation based on Form

• Liquids
• Solids

In terms of forms, the market has been bifurcated into solids and liquids. Solid fumigation is a widely used form of phosphine fumigation, as it includes tablets, powder, and pellets. Solid fumigants are easier and safer to use than gaseous fumigants. Moreover, they are less harmful to the environment.

Segmentation based on Applications

• Warehouse Commodities
• Stored Processed Food

Based on applications, the phosphine fumigation market has been categorized into raw agricultural commodities, warehouses, stored processed food, and others. The warehouse segment is expected to hold a key share of the market. Warehouses are used for storing goods, food grains, raw materials, and processed foods which are highly susceptible to insect infestation.

Segmentation based on Region

The global phosphine fumigation market is separated into North America, Latin America, the Middle East & Africa, Latin America and Europe.  The market in the Asia Pacific held a dominant share of the market. Its share is anticipated to expand at a substantial growth rate owing to the increasing production and consumption of cereals and grains in the region.

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Scope of the Report

• Base Year- 2022
• History Year- 2016-2021
• Forecast Period- 2022-2028
• CAGR- 5.4%

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