Indonesia Crop Protection Chemicals Market Demand, Revenue, and Forecast for 2024-2033: SPER Market Research
Pesticides and other agrochemical products, also known as chemical crop protection products, are essential in preventing pests and diseases from infecting, eating, or damaging crops. The chemical industry’s creation of compounds to safeguard agricultural crops is a significant undertaking. Many crops would suffer severe losses in their absence. Insecticides, which comprise several of these compounds, are crucial in the fight against diseases that affect both humans and animals. These compounds’ toxicological and environmental characteristics have significantly improved within the past 60 years. They create compounds that are not only strong but also unique for the intended use, all the while avoiding negative environmental effects. It is always necessary to develop new goods since pests can get resistant to the poisons used to protect crops.
According to SPER Market Research, ‘Indonesia Crop Protection Chemicals Market Size- By Origin, Product Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Indonesia Crop Protection Chemicals Market is estimated to reach USD 0.31 billion by 2033 with a CAGR of 5.81%.
The expansion of the Crop Protection Chemicals Market in Indonesia has been mostly driven by the country’s expanding agricultural acreage. Indonesia, one of the most populated countries on earth, is forced to boost its agricultural output due to the growing demand for food production. A new frontier for agriculture has been created by this expansion into uncultivated or underutilized lands, but it has also brought with it special difficulties that necessitate the use of crop protection agents. The Indonesia Crop Protection Chemicals Market has been growing in large part to technological improvements. The introduction of state-of-the-art technologies has significantly changed Indonesia’s agriculture sector in recent years. These developments have improved crop protection chemicals’ efficacy while also bolstering the nation’s agricultural sector’s overall sustainability.
The possibility of contaminating soil and water is one of the main environmental issues with crop protection agents. When applied improperly or excessively, pesticides, herbicides, and fungicides can seep into the soil and contaminate surface and groundwater. When contaminated water is eaten or used for irrigation, it not only affects ecosystem health but also puts human health at danger. When crop protection agents are repeatedly exposed to, populations of pests and diseases can rapidly change due to their dynamic and adaptive nature. Within these groups, certain individuals may eventually experience genetic alterations that provide chemical tolerance. Resistance develops more quickly when a small number of crop protection agents are overused. The issue gets worse by the tendency to depend heavily on chemical remedies in Indonesia, a country with a wide variety of pests and diseases. When faced with resistant pests, farmers frequently turn to higher dosages or harsher herbicides, which exacerbates the problem.
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Impact of COVID-19 on Indonesia Crop Protection Chemicals Market
The COVID-19 epidemic has caused a severe effect on the world, since demand for these protective compounds has increased in every location. The economy and public health have both been impacted by the COVID-19 pandemic. Socioeconomic disruptions have resulted from COVID-19’s impact on the global and Indonesian economies; the virus’s propagation has hurt a number of industries, including the agriculture input industry. The production and distribution of agrochemicals have been affected by the coronavirus, affecting critical operations from the import of raw materials to the manufacturing of finished products.
Indonesia Crop Protection Chemicals Market Key Players:
The largest share for Indonesia Crop Protection Chemicals Market is held by Java due to significant agricultural activity and well-developed infrastructure. PT. BASF Indonesia, Syngenta Indonesia PT., Corteva Agriscience, Agricon Indonesia, Biotis Agrindo few of the key players in the market.
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Indonesia Crop Protection Chemicals Market Growth
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