“Migration of fall armyworm and other insect varieties coupled with frequent dry season prevalence in the country increased the demand for insecticides and herbicides in the country”.
Growing Demand for Bio Pesticides and Other Organic Products: The Integrated Pest Management Program in the country promotes prevention, monitoring and controlled use of pesticides in order to minimize toxicity levels in crops produced. This has pushed the Indonesian farmers to shift towards organic-based products and bio-pesticides. In Indonesia, the middle and large scale industry of biopesticides are dominated by ‘Bacillus thuringiensis’ active ingredient which has its major usage in crop protection products. Other major bio-pesticides registered with Indonesia Pesticide The committee include Trichoderma koningii, Gliodadium, etc.
Market Dominance of International Players: Some of the leading international players in the Indonesia agrochemical market include Bayer, Syngenta, BASF, FMC, Corteva, and Nufarm. Most of these players established themselves in Indonesia quite long ago and therefore have succeeded in developing a successful brand name in the market. Their goodwill and brand name are the major reasons why farmers mostly prefer their products. Other strong points include an efficient distribution network, competitive product pricing, after-sales services, marketing, and advertising reach and research and development capability.
Higher Demand for Herbicides and Insecticides: Herbicides occupy its major usage in crops including rice, palm oil, vegetables including onion, potatoes, and fruits including citrus, mangoes, and others. Indonesia, being a major producer of all the above crops requires a high amount of herbicides during the agriculture production process. Also, the country has suffered from prolonged dry spells in the past which increased the demand for insecticides in the country. However with the recent migration of new crop insect types such as ‘Fall Armyworm’, the demand for such products has increased in the market.
Analysts at Ken Research in their latest publication “Indonesia Agrochemicals Market Outlook to 2025- By Type of Pesticides (Herbicides, Insecticides, Fungicides, Bio Pesticides and Others), By Type of Crop Protection Product (Generic and Patented), By Form of Agrochemicals (Liquid, Granule and Powder), By Application (Cereals, Vegetables, Fruits and Plantations) and By Sales Regions (Java & Bali Region, Sulawesi, Sumatra and Kalimantan)” suggested that the agrochemical a market in Indonesia will grow by a CAGR of approximately 9.2% in terms of sales the value during the forecast period 2019-2015, owing to factors such as growing agriculture products demand, entry of new national and international players, new mergers and acquisitions and increased government support.
Key Segments Covered:-
By Types of Pesticides
Herbicides
Insecticides
Fungicides
Biopesticides and Others
By Type of Herbicides
Glyphosate
Paraquat
Atrazine
Others (including Metsulfuron, Acetochlor etc)
By Type of Insecticides
Pyrethroids
Abamectin
Rynaxypyr
Chlorpyrifos
Others (including Azadirachti, Bacillus thuringiensis)
By Type of Fungicides
Triazole
Strobilurin
Contact Fungicides including Propionic, Chlorothalonil
Others (including Carbendazim, Organomerkuri, Sodium Dichromate)
By Type of Crop Protection Product
Generic
Patented
By Form of Pesticide
Liquid
Granules
Powder
By Types of Crops
Cereals
Vegetables
Fruits
Plantation
By Type of Cereal Crops
Rice
Corn
Soybean
Others (including maize, barley and other cereal crops)
By Type of Vegetables
Onion
Chillies
Tomato
Potatoes
Cabbage
Others
By Type of Fruits
Citrus
Banana
Mango
Others (Including Guava, Mangosteen and other fruits)
By Type of Plantation:-
Oil Palm
Sugarcane
Rubber and Tea
Forestry
By Region
Java and Bali Region
Sulawesi
Sumatra
Kalimantan
Key Target Audience
Venture Capitalist Firms
Agrochemical Manufacturers
Raw Material Suppliers
Research & Development Institutes
Government Bodies & Regulating Authorities
Time Period Captured in the Report:-
Historical Period: 2014-2019P
Forecast Period: 2019P-2025F
Companies Covered:-
PT Syngenta Indonesia
PT Bayer Indonesia
PT Bina Guna Kimia (FMC)
PT Bima Kimia Nufarm
PT Corteva Agriscience
PT BASF Indonesia
PT UPL Indonesia
PT Agricon,
PT Dharma Guna Wibawa
Bingei Agung
PT Excel Meg Indonesia
PT BISI International Tbk
Key Topics Covered in the Report:-
Indonesia Agrochemicals Market Forecast
Indonesia Agriculture Market Analysis
Agrochemicals Products Market Indonesia
Agrochemicals Businesses Indonesia
Indonesia Crop Protection Business
Indonesia Herbicides Market Growth
Indonesia Insecticides Market
Indonesia Miticides Market Revenue
Indonesia Seed Treatment Market Revenue
Indonesia Plantations Agrochemicals Market
Java Agrochemicals Market Growth Rate
Bali Agrochemicals Market Future Outlook
PT Bima Kimia Nufarm Agrochemicals Market
PT Corteva Agriscience Agrochemicals Market
Top 10 Companies Indonesia Agrochemicals Market
Top 10 Companies Indonesia Crop Protection Market
For More Information On The Research Report, Refer To Below Link:-
Indonesia Agrochemicals Market Report
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249