Thailand Insecticides Market Size, Bio-Pesticides Demand

1
Thailand Crop Protection Market by Type
(Pesticides (Herbicides, Insecticides,
Fungicides, Others) and Bio-Pesticides
(Bio-Chemical Pesticides, Microbial Pesticides,
Others)) by Crop Type (Cereal, Vegetable and
Forage Crops) - Outlook to 2022 Ken Research
2
Thailand Crop Protection Market by Type
(Pesticides (Herbicides, Insecticides,
Fungicides, others) and Bio-pesticides
(Bio-chemical pesticides, Microbial Pesticides,
others)) by Crop Type (Cereal, Vegetable and
Forage Crops) - Outlook to 2022 provides a
comprehensive analysis of Crop Protection market
in Thailand. The report covers Thailand Crop
Protection market size, market segmentations by
Pesticides (Herbicides, Insecticides, Fungicides,
others) and Bio-pesticides (Bio-chemical
pesticides, Microbial Pesticides, others), by
crop type (cereal, fruits vegetable and forage
crops), by market source (domestic production and
imports) and by market structure (organized and
unorganized market), by form (liquid and solid).
The report also covers market in different
aspects such as trends and developments, issues
and challenges, SWOT analysis, trade scenario,
regulatory scenario, market share of major
producers, company profiles of major producers
(Bayer Thai Co. Ltd., BASF, Du Pont (Thailand)
Ltd., Yara International, ADAMA Thailand,
Syngenta, Dow Agrosciences, Arysta Lifescience
(Thailand) Co. Ltd., Sumitomo Chemical Thailand,
Sahaikaset Agrochemicals Co. Ltd., Sherwood
Chemicals, AG-AGRO (Thailand) Co. Ltd., Project
Field Co. Ltd. and Sotus International Co,Ltd.)
in Crop Protection market. The report provides
detailed overview on future outlook projections
with analyst recommendations for the industry.
3
Industry Overview Agriculture is an important
sector for Thailands economy. The sector plays a
vital role in terms of employment, capital
accumulation and contribution to governments
revenue through export. The practice of intensive
farming is common in the country with usage of
large amount of pesticides. The crop protection
market witnessed a modest growth rate of
during 2012-2017. The overall market grew from
USD million in 2012 to USD million in 2017.
The country is one of the leading producers and
exporters of rice in the world. Rubber,
sugarcane, cassava, fruit, cashew nuts, corn,
tobacco, cotton, cocoa, peanuts and soybeans are
some of the other major crops grown in Thailand.
The farmers in the country have gradually shifted
from low-value added crops to high-value added
crops which has significantly increased the
consumption of pesticides in the country. The
policies and regulations of the government
regarding tax and import of agrochemicals in the
country are industry friendly. However, since
2010 the government has tried to implement the
internationally accepted Maximum Residue Level
(MRL) for pesticide. This has been a small
constraint in the growth of the market, but on a
larger scale it has promoted the practice of
sustainable farming and use of bio-pesticides in
the country.
4
The overall revenue contribute by the pesticides
was (USD million) in the total crop
protection market in Thailand in 2017. Whereas
the revenue contributed by bio-pesticides was
around (USD million) of the total market
revenue. By Crop Type The type of crop
protection product used for each crop is
different. Therefore the market has been
segmented into three types of products, depending
on the type of crop cereal crops, fruits
vegetable crops and forage crops. The revenue
generated by crop protection products used for
cereal crops was (USD million) of the
overall market revenue in 2017. The revenue
generated by crop protection products used for
forage crops was (USD million), whereas for
fruits and vegetable crops was (USD million)
of the overall revenue of the market in
2017. Competitive Scenario in Thailand Crop
Protection Market The crop protection industry in
the country has been dominated by few major
players which have accounted for major market
share during 2017. The presence of global players
has increased the overall quality of products in
the industry.
5
Thailand crop protection market is dominated by
major players including Bayer Thai Co. Ltd.,
BASF, Du Pont (Thailand) Ltd., Yara
International, ADAMA Thailand, Syngenta, Dow
Agrosciences, Arysta Lifescience (Thailand) Co.
Ltd., Sumitomo Chemical Thailand, Sahaikaset
Agrochemicals Co. Ltd., Sherwood Chemicals,
AG-AGRO (Thailand) Co. Ltd., Project Field Co.
Ltd. and Sotus International Co, Ltd. ADAMA
Agricultural Solutions Ltd is a leading
manufacturer and distributer of crop protection
solutions in Thailand. The company produces
variety of adjuvants, fungicide, growth
regulators, herbicides and insecticides. The
company has accounted a share of of the total
revenue in the overall market during 2017. Arysta
Life Science is a global agricultural company
specializing in the marketing and distribution of
innovative crop protection and life science
brands. The company manufactures a range of crop
protection products. The company accounted for a
share of in the overall market during 2017.
BASF SE is one of the leaders of the crop
protection market in Thailand. The company is
global conglomerate and invests heavily into RD
of newer varieties of crop protection products.
6
The company has its headquarters in Germany. BASF
accounted for share of in the overall crop
protection market during 2017 in Thailand. Bayer
Crop Sciences is a global conglomerate having its
Crop Sciences headquarters in Monheim, Germany.
The company produces a range of crop protection
including fungicides, herbicides, insecticides
and others. The company accounted for share of
in the overall crop protection market during 2017
in Thailand. Dow Agro Sciences is one of the
global leaders in production of crop protection
products. The company produces insecticides,
herbicides, fungicides, fumigants, pest
management and nitrogen stabilizers. The company
accounted for a share of in the overall market
during 2017. Other major players in the industry
are Yara International, Syngenta, Dow
Agrosciences, Sumitomo Chemical Thailand,
Sahaikaset Agrochemicals Co. Ltd., Sherwood
Chemicals, AG-AGRO (Thailand) Co. Ltd., Project
Field Co. Ltd. and Sotus International
Co,Ltd. Future Potential of Thailand Crop
Protection Market The revenue from the Thailand
crop protection industry is projected to register
modest growth over the period 2018-2022. It is
projected to grow by CAGR of over the period
2018-2022 and is expected to reach USD million
in 2022 as compared to USD million in 2018. It
is expected that the agriculture industry in
Thailand will see sustainable and long term
growth owing to the efforts of the government.
7
Under the Thailand 4.0 programme the government
has taken several initiatives to transform the
current state of the agriculture in the country
and propel the agriculture sector towards smart
and sustainable growth. Parallel to the growth in
the agriculture sector, the crop protection
market is also likely to witness sustainable
growth. The governments initiative to maintain
its leadership in agro-production will propel the
market for crop protection products. The market
for bio-pesticides is also expected to witness
substantial growth in the long run on the back of
governments effort to standardize the MRL for
pesticides and promote organic farming in the
country. Key Topics Covered in the
Report Thailand Crop Protection Market
Size Thailand Pesticides Demand Thailand
Herbicides Market Revenue Thailand Insecticides
Market Size Fungicides Products Demand
Thailand Thailand Bio-Pesticides Demand
8
Bio-Chemical Pesticides Market Revenue
Thailand Crop Protection Domestic Production
Thailand Thailand Crop Protection Market
Regulations Microbial Pesticides Demand
Thailand Competition Thailand Crop Protection
Industry Major Crops Production Thailand
Thailand Pesticides and Bio-Pesticides
Exports Future Outlook of Thailand Crop
Protection Market DuPont Thailand Revenue from
Crop Protection Products BASF Thailand Revenue
from Crop Protection Products ADAMA Thailand
Market Share Arysta Sales Crop Protection
Products Thailand Market Bayer Thailand Market
Share Crop Protection
9
For more information on the research report,
refer to below link https//www.kenresearch.com/a
griculture-and-animal-care/crop-protection/thailan
d-crop-protection-market-research-report/142608-10
4.html Related Reports by Ken Research https//ww
w.kenresearch.com/agriculture-and-animal-care/crop
-protection/india-biopesticides-market-research-re
port/669-104.html https//www.kenresearch.com/agr
iculture-and-animal-care/crop-protection/india-cro
p-protection-market-research-report/422-104.html
https//www.kenresearch.com/agriculture-and-animal
-care/crop-protection/spain-crop-protection-market
-research-report/142605-104.html Contact Us Ken
Research Ankur Gupta, Head Marketing sales_at_kenrese
arch.com 91-124-4230204