Indonesia Agrochemical Market will be Driven by Entry of New Players, Growing Pesticides Product Registrations and Increasing Awareness among Farmers on Pesticide Usage: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit From the past 5 years, there has been very little growth in the area of arable land available in the country; however, the demand for food has been persistently increasing. This could result in a shift towards the adoption of more agrochemical product usage and mechanization in the farming process. In 2018, Indonesia recorded an arable land of 571.1 sq km in the country. The agrochemicals market in Indonesia is expected to witness a drive towards sustainable, cost-effective crop protection chemicals to ensure that input costs remain as low as possible due to limited financing resources available with farmers. Approximately 10.0%-12.0% of the pesticides circulating in the Indonesian market are either illegal or counterfeit in nature. This acts as a major challenge for manufacturers thereby decreasing their overall revenue in the country. Apart from this, the companies have to regularly organize counterfeit drives to raise product awareness which results in a further increase in their operating expenses. Shift towards Sustainable, Cost-Effective, and Environment-Friendly Methods of Production: Owing to the integrated pest management system in the country, Indonesian farmers are shifting towards sustainable and organic methods of production, which would increase the demand for Biopesticides and other organic products in the country. Also, with increased regulations such as RSPO, there is a greater need for developing organic substitutes for chemicals used in agriculture by manufacturers. Prolonged Dry Seasons: In the past 5 years, Indonesia suffered from dry seasons by approximately 3-4 times which majorly impacted production and sales of agricultural products in the country. Prolonged dry seasons are expected to occur again in the future and given Indonesia’s high dependency on rainfall for irrigation, there is a greater need for farmers to adopt alternative methods of increasing productivity such as increased usage of pesticides, fertilizers, and other crop nutrient providers. Increased Investment in Research & Development Activities: International companies in Indonesia on average spend 10.0%-13.0% of their yearly revenue on research & development activities in order to develop new active ingredients in the country, which would supplement the launch of new products types in the market. Several companies such as Bayer, BISI, and FMC have lined up their product launches in upcoming years depending on the growing trends and demand 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 The region, Sulawesi, Sumatra, and Kalimantan)” suggested that the agrochemical market in Indonesia will grow by a CAGR of approximately 9.2% in terms of sales 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 Crop Protection Business Indonesia Insecticides Market Indonesia Seed Treatment Market Revenue Indonesia Sugarcane Production Industry Crop Protection Products Indonesia Crop Protection Services in Indonesia Indonesia Rice Crop Protection Products Indonesia Rice Production Market Indonesia Agrochemicals Import Value in USD Thousand Indonesia Agrochemicals Market Distributors For More Information On The Research Report, Refer To Below Link: – Indonesia Agrochemicals Market Report Related Reports by Ken Research: – China Crop Protection Market Outlook to 2018 – Increasing Government Support for Bio Pesticides to Drives Revenues India Biopesticides Market Outlook to 2020- Trichoderma and Bacillus Thuringiensis (BT) biopesticides to Lead the Future Growth India Pesticides Market Outlook to 2020 – Rising Awareness among Farmers and the Advent of Bio Pesticides to Shape Future Growth Brazil Agrochemical Market Outlook to 2025 – By Type of Pesticides (Herbicides, Insecticides, Fungicides, and others), By Generic and Patented, By Form of Pesticides (Liquid, Granules, and Powder), By Market Structure (Organized and Unorganized Sector), By Type of Crops (Cereal Crops, Fruit Crops and Vegetable Crops), By Region (Mato Grosso, Parana, Sao Paulo, Rio Grande do Sul and Others) Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com 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