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Malaysia Agrochemicals Market Size, Share, and Industry Report [2031]
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Malaysia Agrochemicals Market Size, Share, and Industry Report [2031]

Segments - by Pesticides, Adjuvants, And Plant Growth Regulators) And Applications (Crop Based - Grains & Cereals, Fruits & Vegetables and Oilseeds & Pulses, Non-Crop-based - Oil Palm, Rubber, Turf Ornamental Grass and Others)

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Upcoming | Report ID :MC-721 | 4.2 Rating | 77 Reviews | 178 Pages | Format : PDF Excel PPT

Report Description


The Malaysia agrochemicals market size was valued at USD 621.65 million in 2022 and is projected to reach USD 928.62 million by 2031, expanding at a CAGR of 4.56% between 2023 and 2031. The growth of the market is attributed to the growing population which is increasing the food demand.

Agrochemicals are chemical compounds used in agriculture to improve crop yield and protect crops against pests, insects, weeds, fungus, and other organisms. They include fertilizers, adjuvants, and pesticides such as insecticides, herbicides, fungicides, and nematicides. Chemical and biological approaches can both be used to make agrochemicals.

Malaysia Agrochemicals Market Outlook

Agriculture is a significant business in Malaysia since it guarantees food security and raises rural income levels. Urbanization is to blame for the steady loss of arable land. Population figures and shrinking arable land are to blame for preserving adequacy in agricultural techniques, resulting in increased use of agrochemical goods in previously untapped markets.

According to the International Monetary Fund, the global economy grew by 3.8 per cent (real GDP) in 2017. Economic growth raises people's purchasing power and thus their standard of living. Increased purchasing power causes a shift in the population's eating habits.

Because of people's changing eating habits, food demand has grown faster than population growth. As a result, demand for fertilizers and pesticides has increased. Fertilizers and pesticides are used to increase crop yield, soil fertility, and productivity. As a result, agrochemical demand is expected to rise in lockstep with the agriculture industry's expansion.

The COVID-19 has had an impact on the agrochemicals market's production and supply. The worldwide pandemic has had an influence on the normal operation of several businesses throughout the world, including the agrochemicals business.

In terms of supply, a short-term labor shortage combined with distribution bottlenecks created a large gap between the number of workers required for agrochemical production and those available, resulting in lower production efficiency and supply chain disruption in the country. As a result, COVID-19, a global pandemic, had a negative impact on the Malaysia agrochemicals market.

  • Rapid growth of the demand for agricultural intensification (to raise yields per acre) while pursuing increasingly sustainable methods is a key factor driving the market growth during the forecast period.

  • Increasing demand for oil-palm farming, which necessitates a large number of potassic fertilizers is expected to boost the market expansion in the coming years.

  •  Short-term labor shortage combined with distribution constraints because of the pandemic is expected to hinder the market growth.

  • R&D investment and technological advancement in the fertilizer industry is estimated to create/offer lucrative opportunities for the market players.

Scope of Malaysia Agrochemicals Market Report

The report on the Malaysia agrochemicals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Agrochemicals Market - Malaysia Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Product Types (Fertilizers, Pesticides, Adjuvants, and Plant Growth Regulators) and Applications (Crop Based - Grains & Cereals, Fruits & Vegetables and Oilseeds & Pulses, and Non-Crop-based - Oil Palm, Rubber, Turf Ornamental Grass and Others)

Country

Malaysia

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Agricultural Chemicals (M) Sdn. Bhd. (ACM), Crop Protection (M) Sdn. Bhd., Hextar Group, Advansia Sdn Bhd, Sin Seng Huat, and Nufarm

Malaysia Agrochemicals Market Segment Insights

Fertilizers segment to hold major market share

In terms of product types, the Malaysia agrochemicals market is divided into fertilizers, pesticides, adjuvants, and plant growth regulators. The fertilizers segment is expected to account for a key share of the market during the forecast period owing to the development of oil palm agriculture, which necessitates a large number of potassium fertilizers. On the other hand, the fertilizers segment is anticipated to expand at a rapid pace during the forecast period.

Malaysia Agrochemicals Market Types

Non-crop-based segment to expand at a robust pace

On the basis of applications, the Malaysia agrochemicals market is bifurcated into crop-based - grains & cereals, fruits & vegetables and oilseeds & pulses, and non-crop-based - oil palm, rubber, turf ornamental grass and others.

The non-crop-based - oil palm, rubber segment is expected to account for a key share of the market during the forecast period due to the rising prevalence of cultivation of oil palm in Malaysia which in turns drives the growth of the agrochemical market. On the other hand, the crop-based - grains & cereals, fruits & vegetables and oilseeds & pulses segment is anticipated to expand at a rapid pace during the forecast period.

Segments

The Malaysia agrochemicals market has been segmented on the basis of

Product Types

  • Fertilizers
  • Pesticides
  • Adjuvants
  • Plant Growth Regulators

Applications

  • Crop Based - Grains & Cereals, Fruits & Vegetables and Oilseeds & Pulses
  • Non-Crop-based - Oil Palm, Rubber, Turf Ornamental Grass
  • Others

Key Players

Competitive Landscape

Key players competing in the Malaysia agrochemicals market include Agricultural Chemicals (M) Sdn. Bhd. (ACM), Crop Protection (M) Sdn. Bhd., Hextar Group, Advansia Sdn Bhd, Sin Seng Huat, and Nufarm.

These leading companies in the market use new product launches, mergers and acquisitions, and partnerships as their primary strategies. In order to increase their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

 Malaysia Agrochemicals Market Key Players

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Malaysia Agrochemicals Market Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Malaysia Agrochemicals Market Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Malaysia Agrochemicals Market Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Malaysia Agrochemicals Market Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Malaysia Agrochemicals Market Market Size & Forecast, 2023-2032
      4.5.1 Malaysia Agrochemicals Market Market Size and Y-o-Y Growth
      4.5.2 Malaysia Agrochemicals Market Market Absolute $ Opportunity

Chapter 5 Global Malaysia Agrochemicals Market Market Analysis and Forecast By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      5.1.2 Basis Point Share (BPS) Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      5.1.3 Absolute $ Opportunity Assessment By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
   5.2 Malaysia Agrochemicals Market Market Size Forecast By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      5.2.1 Crop Based - Grains & Cereals
      5.2.2 Fruits & Vegetables and Oilseeds & Pulses
      5.2.3 Non-Crop-based - Oil Palm
      5.2.4 Rubber
      5.2.5 Turf Ornamental Grass and Others
   5.3 Market Attractiveness Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications

Chapter 6 Global Malaysia Agrochemicals Market Market Analysis and Forecast by Region
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Region
      6.1.2 Basis Point Share (BPS) Analysis By Region
      6.1.3 Absolute $ Opportunity Assessment By Region
   6.2 Malaysia Agrochemicals Market Market Size Forecast By Region
      6.2.1 North America
      6.2.2 Europe
      6.2.3 Asia Pacific
      6.2.4 Latin America
      6.2.5 Middle East & Africa (MEA)
   6.3 Market Attractiveness Analysis By Region

Chapter 7 Coronavirus Disease (COVID-19) Impact 
   7.1 Introduction 
   7.2 Current & Future Impact Analysis 
   7.3 Economic Impact Analysis 
   7.4 Government Policies 
   7.5 Investment Scenario

Chapter 8 North America Malaysia Agrochemicals Market Analysis and Forecast
   8.1 Introduction
   8.2 North America Malaysia Agrochemicals Market Market Size Forecast by Country
      8.2.1 U.S.
      8.2.2 Canada
   8.3 Basis Point Share (BPS) Analysis by Country
   8.4 Absolute $ Opportunity Assessment by Country
   8.5 Market Attractiveness Analysis by Country
   8.6 North America Malaysia Agrochemicals Market Market Size Forecast By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      8.6.1 Crop Based - Grains & Cereals
      8.6.2 Fruits & Vegetables and Oilseeds & Pulses
      8.6.3 Non-Crop-based - Oil Palm
      8.6.4 Rubber
      8.6.5 Turf Ornamental Grass and Others
   8.7 Basis Point Share (BPS) Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   8.8 Absolute $ Opportunity Assessment By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   8.9 Market Attractiveness Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications

Chapter 9 Europe Malaysia Agrochemicals Market Analysis and Forecast
   9.1 Introduction
   9.2 Europe Malaysia Agrochemicals Market Market Size Forecast by Country
      9.2.1 Germany
      9.2.2 France
      9.2.3 Italy
      9.2.4 U.K.
      9.2.5 Spain
      9.2.6 Russia
      9.2.7 Rest of Europe
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 Europe Malaysia Agrochemicals Market Market Size Forecast By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      9.6.1 Crop Based - Grains & Cereals
      9.6.2 Fruits & Vegetables and Oilseeds & Pulses
      9.6.3 Non-Crop-based - Oil Palm
      9.6.4 Rubber
      9.6.5 Turf Ornamental Grass and Others
   9.7 Basis Point Share (BPS) Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   9.8 Absolute $ Opportunity Assessment By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   9.9 Market Attractiveness Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications

Chapter 10 Asia Pacific Malaysia Agrochemicals Market Analysis and Forecast
   10.1 Introduction
   10.2 Asia Pacific Malaysia Agrochemicals Market Market Size Forecast by Country
      10.2.1 China
      10.2.2 Japan
      10.2.3 South Korea
      10.2.4 India
      10.2.5 Australia
      10.2.6 South East Asia (SEA)
      10.2.7 Rest of Asia Pacific (APAC)
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Asia Pacific Malaysia Agrochemicals Market Market Size Forecast By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      10.6.1 Crop Based - Grains & Cereals
      10.6.2 Fruits & Vegetables and Oilseeds & Pulses
      10.6.3 Non-Crop-based - Oil Palm
      10.6.4 Rubber
      10.6.5 Turf Ornamental Grass and Others
   10.7 Basis Point Share (BPS) Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   10.8 Absolute $ Opportunity Assessment By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   10.9 Market Attractiveness Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications

Chapter 11 Latin America Malaysia Agrochemicals Market Analysis and Forecast
   11.1 Introduction
   11.2 Latin America Malaysia Agrochemicals Market Market Size Forecast by Country
      11.2.1 Brazil
      11.2.2 Mexico
      11.2.3 Rest of Latin America (LATAM)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Latin America Malaysia Agrochemicals Market Market Size Forecast By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      11.6.1 Crop Based - Grains & Cereals
      11.6.2 Fruits & Vegetables and Oilseeds & Pulses
      11.6.3 Non-Crop-based - Oil Palm
      11.6.4 Rubber
      11.6.5 Turf Ornamental Grass and Others
   11.7 Basis Point Share (BPS) Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   11.8 Absolute $ Opportunity Assessment By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   11.9 Market Attractiveness Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications

Chapter 12 Middle East & Africa (MEA) Malaysia Agrochemicals Market Analysis and Forecast
   12.1 Introduction
   12.2 Middle East & Africa (MEA) Malaysia Agrochemicals Market Market Size Forecast by Country
      12.2.1 Saudi Arabia
      12.2.2 South Africa
      12.2.3 UAE
      12.2.4 Rest of Middle East & Africa (MEA)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Middle East & Africa (MEA) Malaysia Agrochemicals Market Market Size Forecast By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications
      12.6.1 Crop Based - Grains & Cereals
      12.6.2 Fruits & Vegetables and Oilseeds & Pulses
      12.6.3 Non-Crop-based - Oil Palm
      12.6.4 Rubber
      12.6.5 Turf Ornamental Grass and Others
   12.7 Basis Point Share (BPS) Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   12.8 Absolute $ Opportunity Assessment By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications 
   12.9 Market Attractiveness Analysis By Pesticides, Adjuvants, And Plant Growth Regulators) And Applications

Chapter 13 Competition Landscape 
   13.1 Malaysia Agrochemicals Market Market: Competitive Dashboard
   13.2 Global Malaysia Agrochemicals Market Market: Market Share Analysis, 2023
   13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      13.3.1 Agricultural Chemicals (M) Sdn. Bhd. (ACM)
      13.3.2 Crop Protection (M) Sdn. Bhd.
      13.3.3 Hextar Group
      13.3.4 Advansia Sdn Bhd
      13.3.5 Sin Seng Huat
      13.3.6 Nufarm

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