Indonesia Agrochemical Market By Type (Fertilizers, Crop Protection Chemicals, and Others), By End- user (Food Crop, Plantation, Horticulture, Non- Vegetables, and Other Crops) - Trends, Analysis and Forecast till 2030

Agrochemicals are the chemicals which is use in agricultural to facilitate plant protection and growth. Agrochemical includes pesticides, fertilizers, insecticides, and others chemicals. Agrichemicals are also known as the agricultural chemicals. Agrochemicals were manufactured to protect agricultural crops from insects and pests and also used for the augmenting crop yields. It is a costly input for agriculture for the better productivity and yield of the crops. In most of the cases, agrochemicals refer to pesticides which include molluscicides, herbicides, rodenticides, and insecticides, nematicides, and fungicides. Agrochemical also involve soil conditioner and fertilizers.

Increase the land productivity

The country is suffering from the productivity gain for the most of the food crops. The land productivity is slowing down of the crops in Indonesia. For the better productivity of the crops as increasing in demand of the food.  The government of Indonesia is trying to increase the usage of agriculture chemicals. As increasing demand for food the demand for land productivity increases which is the major propelling factor for the growth of the target market in the country.

Adoption of improved agricultural chemical use and new farming practices

A major progress has been made in past few years which resulting the adoption of business-friendly consequently and initiatives attracting the bridging structural gap and necessary investment. Integrated Pest Management (IPM) is an all-inclusive, eco- friendly, and cost-effective approach for the registration and evaluation of insecticides and pesticides which are utilized for the protection of crops. This is another driving factor for the growth of the Indonesia agrochemical market.

Strict government rules and regulations

Stringent regulations on the import of agrochemical active ingredients may continue to limit potential growth of the Indonesian agrochemicals market over the forecast period. This is one of the major restraining factor for the growth of the Indonesia agrochemical market.

The Indonesia agrochemical market is segmented based on type and end- user.

On the basis of type, the Indonesia agrochemical market is segmented into fertilizers, crop protection chemicals, and others. Based on end- user, the target market is segmented into food crop, plantation, horticulture, non- vegetables, and other crops.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Indonesia agrochemical market report based on type and end- user:

Indonesia Agrochemical Market, By Type:

• Fertilizers
• Crops Protection Chemicals
• Others

Indonesia Agrochemical Market, By End- user:

• Food Crop

• Plantation
• Horticulture
• Non- Vegetables
• Other Crops

The key players operating the Indonesia agrochemical market includes PT. Pupuk Sriwidjaya Palembag, PT Petrokimia Gresik, PT Pupuk Kujang, PT Pupuk Kalimantan Timur, PT Pupuk Iskandar Muda, Yara International, Wilmar International, and Agrifert-Kuoks. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2018, PT Pupuk Sriwijaya (Pusri) has signed a memorandum of understanding with South Sumatra Regional Police in order to increase revenue and sales.

• PT. Pupuk Sriwidjaya Palembag
• PT Petrokimia Gresik
• PT Pupuk Kujang
• PT Pupuk Kalimantan Timur
• PT Pupuk Iskandar Muda
• Yara International
• Wilmar International
• Agrifert-Kuoks