Product Code: ETC025845 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Insecticides Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 2.71% in 2025, growth builds up to 10.86% by 2029.
The Insecticides market in Thailand is projected to grow at a stable growth rate of 4.20% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Thailand insecticides market size was valued at USD 590.9 million in 2025 and is projected to reach USD 819.7 million by 2031, growing at a CAGR of 6.5% during the forecast period (2025-2031). Increasing demand for food grains, changing weather patterns, high infestation of crop pests such as locusts, and rising awareness among farmers regarding pest control are some of the major driving factors contributing to the growth of this market in Thailand. Additionally, increasing government initiatives to promote better agricultural practices and easy availability of pesticides have bolstered up sales in this sector significantly over the past few years. Furthermore, modern farming techniques combined with advancements in biotechnology has given rise to newer crop varieties which have become more prone to pest attacks thereby augmenting demand for insecticides .
The use of chemical fertilizers or pesticides has been a common practice among Thailand farmers since many decades now but there has been an increase in awareness among them regarding pest control and its advantages over manual labor which is resulting into higher adoption rates for chemicals such as insecticides & fungicides. This increased utilization coupled with favorable government policies encouraging their usage will drive significant growth in this sector going forward. With climate change becoming increasingly prominent across Southeast Asia due to global warming; it is creating conducive environment for insects like caterpillars which thrive on moist conditions hence leading to higher incidences of crop damage due unfavorable environmental conditions. To counter such scenarios, farmers are turning towards using stronger pesticide products thereby increasing sales within this segment significantly. In 2025-2031, several parts of Thailand experienced severe infestation from locust swarms causing tremendous destruction both economically & ecologically speaking ; however their presence can be kept under check through proper usage & application rate sot f chemical pesticides like DDT& other organophosphates depending upon severity level accordingly.Hence, these incidents are giving riseto increased focus on regular monitoring & preventive measures along with timely interventions so that crops remain safe against any kindof potential harms caused by locusts or other pests; all adding up togetherto boost overall insecticide revenue streams within country???s agricultural industry substantially.
The Thailand insecticides market has been challenged by the increasing cost of raw materials, stringent environmental regulations, availability of counterfeit products and rising competition from generic brands in recent years.
The outbreak of the pandemic around the world has had a negative impact on the Thailand insecticides market due to reduced demand for agricultural commodities as well as decreased production capacity and supply chain disruptions caused by lockdown measures implemented by governments to combat the spread of COVID-19.
Some major players operating in Thailand insecticide market include United Phosphorus Ltd., Syngenta AG, BASF SE, Bayer CropScience AG, Nufarm Limited, and FMC Corporation among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Insecticides Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Insecticides Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Insecticides Market - Industry Life Cycle |
3.4 Thailand Insecticides Market - Porter's Five Forces |
3.5 Thailand Insecticides Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.6 Thailand Insecticides Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
3.7 Thailand Insecticides Market Revenues & Volume Share, By Forms, 2021 & 2031F |
4 Thailand Insecticides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Insecticides Market Trends |
6 Thailand Insecticides Market, By Types |
6.1 Thailand Insecticides Market, By Crop Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Insecticides Market Revenues & Volume, By Crop Type, 2021-2031F |
6.1.3 Thailand Insecticides Market Revenues & Volume, By Cereals & grains, 2021-2031F |
6.1.4 Thailand Insecticides Market Revenues & Volume, By Oilseeds & pulses, 2021-2031F |
6.1.5 Thailand Insecticides Market Revenues & Volume, By Fruits & vegetables, 2021-2031F |
6.1.6 Thailand Insecticides Market Revenues & Volume, By Other crop types, 2021-2031F |
6.2 Thailand Insecticides Market, By Formulation |
6.2.1 Overview and Analysis |
6.2.2 Thailand Insecticides Market Revenues & Volume, By Wettable powder, 2021-2031F |
6.2.3 Thailand Insecticides Market Revenues & Volume, By Emulsifiable concentrate, 2021-2031F |
6.2.4 Thailand Insecticides Market Revenues & Volume, By Suspension concentrate, 2021-2031F |
6.2.5 Thailand Insecticides Market Revenues & Volume, By Oil emulsion in water, 2021-2031F |
6.2.6 Thailand Insecticides Market Revenues & Volume, By Microencapsulated suspension, 2021-2031F |
6.2.7 Thailand Insecticides Market Revenues & Volume, By Granules, 2021-2031F |
6.3 Thailand Insecticides Market, By Forms |
6.3.1 Overview and Analysis |
6.3.2 Thailand Insecticides Market Revenues & Volume, By Sprays, 2021-2031F |
6.3.3 Thailand Insecticides Market Revenues & Volume, By Baits, 2021-2031F |
6.3.4 Thailand Insecticides Market Revenues & Volume, By Strips, 2021-2031F |
7 Thailand Insecticides Market Import-Export Trade Statistics |
7.1 Thailand Insecticides Market Export to Major Countries |
7.2 Thailand Insecticides Market Imports from Major Countries |
8 Thailand Insecticides Market Key Performance Indicators |
9 Thailand Insecticides Market - Opportunity Assessment |
9.1 Thailand Insecticides Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.2 Thailand Insecticides Market Opportunity Assessment, By Formulation, 2021 & 2031F |
9.3 Thailand Insecticides Market Opportunity Assessment, By Forms, 2021 & 2031F |
10 Thailand Insecticides Market - Competitive Landscape |
10.1 Thailand Insecticides Market Revenue Share, By Companies, 2024 |
10.2 Thailand Insecticides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |