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

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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.

Thailand Crop Protection MarketIndustry Overview

Agriculture is an important sector for Thailand’s economy. The sector plays a vital role in terms of employment, capital accumulation and contribution to government’s 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.

Market Segmentation of Thailand Crop Protection Product Market

Type of crop protection products: The Thailand Crop Protection Market has been bifurcated into two types of products majorly; pesticides and bio-pesticides. Pesticides have been further segmented into herbicides, insecticides, fungicides and bio-pesticides have been segmented into bio-chemical and microbial bio-pesticides. 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. 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 R&D of newer varieties of crop protection products. 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. 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 government’s 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 government’s 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

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

For more information on the research report, refer to below link:

https://www.kenresearch.com/agriculture-and-animal-care/crop-protection/thailand-crop-protection-market-research-report/142608-104.html

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