A CAGR of 6.2% will Push the Fumigation Product Market to Reach US$ 10.1 Billion by 2034, finds FMI's Report [Yahoo! Finance]
ARKEMA S/ADR (ARKAY)
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Source: Yahoo! Finance
This growth is attributed to shifting consumer preferences towards eco-friendly alternatives, driven by increasing awareness of environmental concerns. NEWARK, Del, April 25, 2024 (GLOBE NEWSWIRE) -- With the help of multiple growth factors, the fumigation product market growth rate will encompass a moderate advancement path with a CAGR of 6.2%. It will likely lift the fumigation product market size from US$ 5.5 billion, measured in 2024, to US$ 10.1 billion by 2034. The growing population rate and urbanization will drive the fumigation product market growth rate. The increasing commercial and non-commercial sectors will generate the demand for disinfecting products. Also, vigorous methods will be demanded to gain rapid results. Hence, this will be a key growth driver. The growing prevalence of infectious diseases will give traction to the demand for fumigation products. Due to this, consumers will agitate the fumigation product market size by generating more demand for products
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