Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2020 |
| CAGR: | 8 % |
|
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Market Overview
The Pakistan crop protection chemicals market is projected to register a CAGR of 8.0% during the forecast period, 2021-2026.
In 2020, due to repeated lockdowns and quarantines during the COVID-19 pandemic, there were limited production and supply of crop protection chemicals, thereby affecting the market. Production of crop protection chemicals got declined sharply due to the shortage of inputs and labor. The supply chain got disrupted due to repeated shutdowns and a shortage of transport and communication. Overall, the disruption caused by the COVID-19 pandemic to the crop protection industry, from the suppliers to the farm level, resulted in reduced outputs. Some important crops in Pakistan include wheat, cotton, paddy, sugarcane, and vegetables, and the area under them is increasing rapidly. Wheat is the majorly cultivated crop in the country and contributes about 37.0% of the total food energy intake in Pakistan. This large acreage under high pesticide-consuming crops acts as a driver for the crop protection chemicals market.
Scope of the Report
Crop protection chemicals constitute a class of agrochemicals used for preventing the destruction of crops by pests, diseases, and weeds. The Pakistan crop protection chemicals market is segmented by origin (synthetic and bio-based), chemical type (herbicides, insecticides, fungicides, and other chemical types), application (grains and cereals, oilseeds and pulses, commercial crops, fruits and vegetables, and other crop types). The report offers the market sizes and forecasts in values (USD) for all the above segments.
| By Origin | |
| Synthetic | |
| Bio-based |
| By Chemical Type | |
| Herbicides | |
| Insecticides | |
| Fungicides | |
| Other Chemical Types |
| By Application | |
| Grains and Cereals | |
| Oilseeds and Pulses | |
| Commercial Crops | |
| Fruits and Vegetables | |
| Other Crop Types |
Key Market Trends
Insecticides are Leading the Market
The insecticides segment leads the crop protection chemicals market in Pakistan. Synthetic insecticides capture 98.0% of the insecticides market, while bio-insecticides cover the rest. One of the widely used insecticides is against whitefly, a common pest for cotton in Pakistan. Movento, developed by Bayer Crop Science, is one of the most selling insecticides to prevent whitefly infestation in cotton. The two-way systemic movement of the insecticide makes it popular among the cotton farmers in Pakistan. Corn, rice, and wheat are the major crops treated with insecticides in the cereals and grains segment. Since cereals are grown almost everywhere, the demand for insecticides is high, and this trend is expected to continue in the future.
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Large Acreage Under High Pesticide Consuming Crops
Overcoming the yield gaps, pesticide usage is one of the most important components in the crop production system. Insecticides and herbicides are considered to be important inputs to overcome the yield gap. Some important crops in Pakistan include wheat, cotton, paddy, sugarcane, and vegetables, and the area under them is increasing rapidly. Wheat is the core crop in the country, and it contributes about 37.0% of the total food energy intake in Pakistan.
Competitive Landscape
The Pakistan crop protection chemicals market is consolidated, with many big players occupying a major portion of the market, with diverse and increasing product portfolios. In terms of market share dominance, Syngenta Pakistan holds the largest share, followed by Ali Akbar Group and Arysta LifeSciences Corp., holding second and third places, respectively.
Recent Developments
In November 2020, Syngenta released a new insect control technology called "Spiropidion", which helps protect a wide range of crops from damages of sucking pests such as Aphids.
In July 2018, UPL acquired Arysta LifeScience and its subsidiaries. The acquisition will enable UPL to offer solutions for various arable and specialty crops with crop protection chemicals, bio solutions, and seeds.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Origin
5.1.1 Synthetic
5.1.2 Bio-based
5.2 By Chemical Type
5.2.1 Herbicides
5.2.2 Insecticides
5.2.3 Fungicides
5.2.4 Other Chemical Types
5.3 By Application
5.3.1 Grains and Cereals
5.3.2 Oilseeds and Pulses
5.3.3 Commercial Crops
5.3.4 Fruits and Vegetables
5.3.5 Other Crop Types
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Bayer Crop Science
6.3.2 Syngenta Pakistan
6.3.3 UPL Limited
6.3.4 FMC Corporation
6.3.5 National Insecticide Company Private Limited
6.3.6 Evyol Group
6.3.7 Welcon Chemicals Corporation
6.3.8 ICI Pakistan Private Limited
6.3.9 Ali Akbar Group
6.3.10 Sayban International
6.3.11 Pakistan Agro Chemicals Private Limited
6.3.12 Four Brothers
6.3.13 BASF SE
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. AN ASSESSMENT OF THE COVID-19 IMPACT ON THE MARKET
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Frequently Asked Questions
What is the study period of this market?
The Pakistan Crop Protection Chemicals Market market is studied from 2016 - 2026.
What is the growth rate of Pakistan Crop Protection Chemicals Market?
The Pakistan Crop Protection Chemicals Market is growing at a CAGR of 8% over the next 5 years.
Who are the key players in Pakistan Crop Protection Chemicals Market?
Syngenta Pakistan, Ali Akbar Group, Four Brothers, Bayer Cropscience Limited, UPL Limited are the major companies operating in Pakistan Crop Protection Chemicals Market.
