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(MoneyNewsWire.Net, October 16, 2017 ) Middle East and Africa Agricultural Fumigants Market was worth USD 139.66 million in 2016 and is expected to reach USD 172.70 million by 2021 with a CAGR of 4.339 %.
Fumigation is a technique for the control of pests wherein a pesticide gas is injected into the soil, discharged into the air to kill pests. Pests like bed bugs and termites can be killed by basic fumigation. Agricultural fumigants are injected into the soil which spreads in between the soil spaces, dissolving in the water present in the soil those results in killing the pests.
Raising agricultural Production, growing storage technology, increasing attention towards post-harvest loss, enactment of better agricultural practices are the major drivers boosting the growth of the market. Restraints such as stringent regulatory conditions coupled with the application Methodology, high toxicity due to increasing usage of chemical ingredients are hindering the growth of the market.
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The Middle East and Africa Agricultural Fumigants Market is segmented based on Type, Application and Form. Based on Type, Market is segmented into Methyl Bromide, Phosphine, Chloropicrin, Metam Sodium, 1, 3-Dichloropropene and others. Based on Application, Market is segmented into Soil and Warehouse. Soil is further segmented into Nursery, Field, Transplant bed, Green house and warehouse is further segmented into stack and silo. Based on Form, the Market is segmented into Gas, Solid and Liquid. While Methyl Bromide accounts for majority of market share, phosphine is expected to have highest CAGR during the forecast period. Based on Geography, this market is further segmented in to Middle East and Africa. Middle East and Africa has untapped market potential and major players are gradually getting interested in this region.
Key points from TOC:
• Introduction
• Research Methodology
• Overview
• Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
• Market Segmentation
• Strategic Analysis
• Market Leaders' Analysis
• Competitive Landscape
• Market Outlook and Investment Opportunities
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Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Major players in this market region are BASF SE, E.I. DuPont De Nemours & Company, Syngenta AG, ADAMA agricultural solution ltd., Dow chemical company, Reddick Fumigants, Degesch America, Inc., and FMC Corporation.
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