The Thailand crop protection chemicals market is expected to exhibit a growth rate (CAGR) of 3.9% during 2023-2028.
Crop protection chemicals, also known as agrochemicals, refer to agricultural products that are commonly utilized to prevent crop damage and manage plant diseases. They can be widely catagorized into fungicides, herbicides, and insecticides. Crop protection chemicals aid in monitoring and controlling diseases and pests that may consume, infect, or harm the crops. Furthermore, they also assist the farmers in improving their overall yield, managing crop productivity, enhancing food security, etc. As a result, crop protection chemicals are used on several crop types, including cereals and grains, fruits and vegetables, oilseeds and pulses, etc.
Thailand Crop Protection Chemicals Market Trends:
The expanding agriculture sector on account of the rising population and subsequent increase in demand for food is primarily driving the Thailand crop protection chemicals market. Furthermore, the changing climatic conditions are accelerating the occurrence of plant pests and diseases, which, in turn, is increasing the dependability on crop protection chemicals for efficient pest prevention. Besides this, the inflating levels of urbanization and limited availability of arable land across Thailand are further catalyzing the demand for crop protection chemicals for producing high agricultural yield per acre. Additionally, the introduction of numerous awareness programs by the Ministry of Agriculture and Cooperatives for educating the farmers regarding the use of crop protection chemicals to improve crop yield and minimize the need to convert natural areas, is also positively influencing the market growth. Moreover, extensive R&D activities for the launch of innovative crop protection chemicals that are highly selective in their action to reduce the impact on non-target organisms are also fueling the regional market. Apart from this, the emerging popularity of bio-based crop protection chemicals to lower the adverse environmental effects of synthetic alternatives will continue to drive the Thailand crop protection chemicals market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Thailand crop protection chemicals market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on product type, origin, crop type, form and application.
Breakup by Product Type:
Breakup by Origin:
Breakup by Crop Type:
- Cereal and Grains
- Fruits and Vegetables
- Oilseed and Pulses
Breakup by Form:
Breakup by Application:
- Foliar Spray
- Seed Treatment
- Soil Treatment
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adama (Thailand) Co. Ltd., Ag-gro (Thailand) Co. Ltd., Arysta LifeScience (Thailand) Co.Ltd., BASF SE, Bayer Thai Co. Ltd., Corteva Agriscience, SGS Thailand Limited (SGS SA), Sotus International Co. Ltd., Sumitomo Chemical Asia Pte Ltd. and Syngenta Crop Protection.
|Base Year of the Analysis
||Product Type, Origin, Crop Type, Form, Application
||Adama (Thailand) Co. Ltd., Ag-gro (Thailand) Co. Ltd., Arysta LifeScience (Thailand) Co.Ltd., BASF SE, Bayer Thai Co. Ltd., Corteva Agriscience, SGS Thailand Limited (SGS SA), Sotus International Co. Ltd., Sumitomo Chemical Asia Pte Ltd. and Syngenta Crop Protection.
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Key Questions Answered in This Report:
- How has the Thailand crop protection chemicals market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Thailand crop protection chemicals market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the origin?
- What is the breakup of the market based on the crop type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Thailand crop protection chemicals market and who are the key players?
- What is the degree of competition in the industry?