The global demand for Metam Sodium Market is presumed to reach the market size of nearly USD 6.38 MN by 2028 from USD 3.49 MN in 2021 with a CAGR of 9% under the study period 2022 - 2028.
Metam sodium is an organosulfur compound formally known as dithiocarbamate. Metam-sodium is employed in agricultural practices as a soil fumigant, pesticide, herbicide, and fungicide to act against weeds, weed seeds, fungi, nematodes, and soil insects. This is a broad-spectrum pesticides. It is generally used on all crops but is exclusively in the production of melons, peppers, tomatoes, potatoes, strawberries, citrus, grapes, almonds, asparagus, carrots, lettuce, spinach, squash, forest tree seedlings, etc. Metam sodium promotes healthier plant growth & increased yields by reducing soil pests. It is also beneficial in integrated pest management systems as it can be used with other treatment methods (biological controls and soil pasteurization).
Market Dynamics
Metam sodium is generally used in insecticides, dyes, and herbicides. It predicted that rising consumer demand for chemicals like herbicides and dyes will drive the market expansion. It is projected that the agricultural sector's increased demand will accelerate product adoption. An increase in awareness about bio-pesticides, Rapid industrialization, and urbanization will drive the market growth during the projected period. Growing demand to improve overall crop production & cultivation efficiency will surge the Metam sodium global market growth. Increasing research & development activities in the agriculture sector and the rising population will further lead to market expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of metam sodium. The growth and trends of metam sodium industry provide a holistic approach to this study.
Market Segmentation
This section of the metam sodium market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type- Metham Sodium 35%
- Metham Sodium 42%
- Others
By Application- Soil Fumigant
- Pesticide
- Herbicide
- Fungicide
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Metam Sodium market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Metam Sodium Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the metam sodium market include Limin Chemical, AMVAC, FMC Corporation, Kanesho, Tessenderlo Kerley, Eastman, ADAMA Agricultural, Balchem Corporation, Shenyang Harvest Agrochemical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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