Agrochemicals

Indian Agrochemicals Industry was valued at around Rs. 42,000 Crore (~6 Billion USD) in 2019-20 and
is expected to grow at a CAGR of around 8% till 2025.

India is the 4th largest producer of agrochemicals after United States, Japan and China. It is a net
exporter of agrochemical and has emerged as the 13th largest exporter of pesticides globally.
Agrochemical market has a stable growth with potential of growth in exports.

Exports ,
22,000

Domestic
Consumption ,
20,000

Source: Statistical database, Directorate of Plant Protection, Quarantine and Storage

Industry Structure

Agrochemicals are broadly classified as insecticides, herbicides, fungicides, rodenticides, bio-

pesticides and nematicides depending on the type of pest they control. Indian Agrochemical industry
has approximately 125 technical grade manufacturers, 800 registered formulators, more than
1,45,000 distributors and 60 technical grades pesticides. Around 80% of the generic and non-generic
pesticides are manufactured by major Indian manufacturing and multinational companies.

Agrochemicals are diluted in recommended doses and applied on seeds, soil, irrigation water and
crops to prevent the damages from pests, weeds and diseases. Technical grade manufacturers make
high purity chemicals which act as key raw material for the value chain. These high purity chemicals
are sold in bulk to formulators, who in turn prepare formulations by adding inert carriers, solvents,
surface active agents, deodorants etc. These formulations are packed for retail sale and bought by
farmers.

Industry is dominated by insecticides accounting for 60% of overall demand. Paddy accounts for the
maximum (26%-28%) share of pesticide consumption followed by cotton (18%-20%). Andhra Pradesh
is leading consumer of agrochemicals with share of 24%. Eight states including Andhra Pradesh,
Maharashtra, Punjab, Madhya Pradesh, Chhattisgarh, Gujarat, Tamil Nadu and Haryana account for
more than 70% usage of agrochemicals in India.
Market segmentation by type of agrochemicals is depicted in Figure below.

Others
6%
Herbicides
16%

Fungicides Insecticides
18% 60%

Agrochemical Market segmentation by Pesticides (Source: Ministry of Chemical & Petrochemical

Statistics)

Agrochemicals are broadly classifying into five types:

1. Insecticides

Insecticides provide protection to the crops from insects by either killing them or by preventing their
attack.

Insecticides can be further classified based on their mode of action:

Contact insecticides: These kill insects on direct contact and leave minimum residual activity, hence
causing minimal environmental damage.

Systemic insecticides: These are absorbed by the plant tissues and destroy insects when they feed on
the plant. These are usually associated with long term residual activity.

2. Fungicides

Fungicides comprises only 18% of total pesticides market share with its application in fruits,
vegetables and rice. Fungicides play important role to reduce post-harvest losses in fruits and
vegetables.

Fungicides are used to control diseases on crops and are used to protect the crops from the attack of
fungi. Fungicides are of two types – protectant and eradicant.

Protectant prevent or inhibit fungal growth and eradicant kill the disease on application which in
turn improves productivity, reduces blemishes on crop and improves storage life.
 3. Herbicides:

Herbicides also called as weedicides are used to kill undesirable plants.

Herbicides are the fastest growing pesticides segment and comprises 16% market share.

Herbicides are majorly used in rice and wheat crops due to non- availability of cheap labour.
Herbicides have seasonal demand due to the fact that weeds flourish in damp, warm weather and
die in cold spells.

Herbicides are of 2 types as per their mode of action:

Selective herbicides kill specific plants, leaving the desired crop unharmed, while nonselective
herbicides are used for widespread clearance of ground and are used to control weeds before crop
planting.

Herbicides are of 3 types based upon their use:

Pre-Emergence: Used before sowing of the crop.

Post-Emergence: Used after emergence of the weeds.

Early Post-Emergence: Used immediately after sowing.

4. Bio-pesticides:

Bio-pesticides are the new age crop protection product manufactured from natural substances like
plants, animal waste, bacteria and minerals.

Bio-pesticides are eco-friendly, easy to use but currently have a small segment, however, the
biopesticide market will have higher growth potential in the future owing to government support
and increasing awareness about environment friendly pesticides.

5. Others:

Other agrochemicals mainly include Fumigants, Biostimulants, nematicides and Rodenticides which
protect the crops from pest attacks during crop storage.

Supply and Demand Scenario

The current use of agrochemicals in the Indian market is very low and is 0.6 kg per hectare which is
far less viz a viz developed countries like United States where it is 4.58 kg per hectare. Low
consumption is a likely reason for the low yield per hectare of agricultural produce in India.

Production of agrochemicals has grown at CAGR 3.8% during FY15-19. Despite the sizable growth of
the industry, low capacity utilization, high inventory (owing to seasonal & irregular demand on
account of monsoons) and long credit periods to farmers remain key concerns, making operations
‘working capital’ intensive.

Capacity addition

Indian pesticides industry has a strong capacity base and it is expected to reach 14,93,300 tonnes by
2022. Owing to seasonal domestic demand, industries are focusing on exports having huge potential
due to India’s capability in low cost manufacturing, availability of technically trained manpower,
better price realization globally and strong presence in generic pesticide manufacturing. However,
domestic consumption of pesticides is likely to increase due to increasing awareness among farmers
and government support.

Pesticides Production (000’ Metric Tonnes)

216
213 213

186 187

2014-15 2015-16 2016-17 2017-18 2018-19

China’s environmental clampdown will reduce the number of local chemical enterprises from 6884
to no more than 2000 by the year 2020 and to further reduce to only 1000 by 2022. This indicates
that China’s chemical installed capacity will fall sharply. Hence, agrochemical companies in India are
expected to effectively increase the capacity utilisation in India.

Capacity Addition in Agrochemical Industry

Capacity addition Total capacity

(‘000 tonnes) (‘000 tonnes)

2013-14 20.6 1,388.20

2014-15 16 1,404.20
2015-16 11.1 1,415.30
2016-17 0 1,415.30
2017-18 3.7 1,419.00
2018-19 22.7 1,441.70
2019-20E 40.9 1,482.50
2020-21E 10.8 1,493.30
2021-22E 0 1,493.30

Agrochemical Trade

Overall exports have grown at CAGR 12.77% from FY 2015-19, while imports have grown at CAGR
5.12%. Exports are dominated by fungicides and herbicides segments while imports are majorly
technical raw material. Indian agrochemicals imports are mainly from China (>50%), USA, Germany
and Israel while Latin America, North America, Europe and Asia have been top export markets for
the Indian agrochemical industry with 51% share of total export in FY 19. Around 50% of the
demand for Agrochemical products comes from domestic consumers while the rest goes towards
exports.

Agrochemical Trade (000’ Metric Tonnes)

461
410
379

307
285
253

100 111 116

95
77 71

2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

Imports Exports

Exports of Key Agrochemicals (000’ Metric Tonnes)

174
166

134

106 100
78
68 70
60 58
48
39

FY 15 FY 16 FY 17 FY 18
Insecticides Fungicides Herbicides

Exports for Fungicides and Herbicides have grown at a CAGR of 16.12% and 36.87% during FY15-18
respectively.

Synergies from Mergers & Acquisition in Agrochemical Industry

In the past few years, a number of agrochemical companies in India as well as international markets
have acquired or merged their business operations. Key synergies from Mergers and Acquisition
which will help growth of India agrochemical industry are:

• Shift from Agro inputs to Agro science companies providing end to end solutions to farmers.
• Reduce the R&D cost and development time.
• Enhance capability and efficiency in R&D process.
• Innovative and differentiated product portfolios covering entire crop value chain from planting
to post-harvest.

Industry Challenges

Lack of awareness

 Average farmer lacks scientific knowledge of agronomy and agrochemical usage

 High reliance on recommendations by agrochemical dealers
 Imbalance in agrochemical usage has been limiting the crop yields

High reliance on generic molecules

 Low adoption of specialty molecules due to unaffordability and awareness

 Preference towards the use of time-tested genetic molecules
 High R&D costs and complex registration process limiting improved products in the market

Regulatory challenges

 Complex, costly and time-consuming registration process

 Registration of new molecules remains a forte of large global players
 Only 273 molecules registered in India, compared to 473 molecules in EU and 527 molecules
in Japan
 Limited efforts towards improving R&D infrastructure and registration process

Low usage of agrochemicals

 Only 0.6 kg/ha of agrochemical is used in India (6 times lower than the average usage in Asia
& 4 times lower than global average)
 High reliance on generic and bulky products implies significant gap between current and
optimal usage

Increasing Raw Material Cost

 Raw material as percentage of sale for top 5 Indian pesticides manufacturer is 47%. India
imports nearly 50% of its technical grades requirement from China which fulfils 90% of the
world’s technical requirement.
 Increasing raw material cost pressures due to macro-economic factors followed by high
inventory due to sessional demand is reducing margins.
 Government should focus on creation of clusters areas for the chemical industry
manufacturing technical grade raw materials under Make in India programme.
 India 0.6

US 2.5

World 2.6

Asia 3.7

Brazil 6

Japan 11.8

China 13.1

Source: FAOSTAT

Absence of Contract Manufacturing:

 With huge R&D cost followed by high development time required for new molecule,
Contract Manufacturing can help agrochemical companies to outsource various aspects of
the business, which can help with scalability and allow the major companies to focus on
molecule discovery and molecule marketing.

Safety and Handling of Pesticides:

 Poor handling of pesticides during production by some local companies and consumption by
untrained farmers/ labourers causes health issue to framers and other stakeholders who are
exposed to the process.

High Air & Water pollution treatment cost:

 Agrochemical is considered a polluting industry hence industries need to comply stringently

with norms laid out by National Green Tribunal (NGT) for effluent disposal and generation,
environmental protection norms which increases cost of treatment and further impacts on
low - cost value of agrochemical production.
Overview of Agrochemicals Manufacturing in India

Key highlights

 Both Production and exports of agrochemicals has grown substantially in last decade
 India is net exporter of agrochemicals (13th largest) & exports stood at USD 1.8 Bn. in 2018-
19 compared to USD 510 Mn. in 2010-11
 Production of agrochemicals has grown at a CAGR of ~5% in last 5 years
 Regulatory ban has impacted the industry over last few years. For instance, the proposed
ban on 27 products in 2020, is expected to impact the exports worth ~USD 0.5 Bn.
 India can become “The Global Manufacturing Hub” for Agrochemicals due to number of
favorable factors

Source: CARE Ratings, PwC Source: Statista, PwC

Analysis Analysis

India can become “The Global Manufacturing Hub” for Agrochemicals due to number of favorable
factors

Low Cost

Over past decade, India has developed a unique advantage by mastering low cost manufacturing of
agrochemicals (driven by availability of labour, tax benefits etc.)

Manpower & Production Capacity

India has sufficient availability of technically trained manpower and unutilised production capacity
to fulfil local as well as global agrochemical demand
Seasonal Domestic Demand & Low Usage

India’s domestic agrochemical demand is seasonal, hence providing an opportunity to cater to

global markets. Moreover, agrochemical usage (kg/ha) is very low in India compared to other
countries, which can drive manufacturing in future

Impact of COVID

Post COVID, many global manufacturers are contemplating a move of shifting their production from
China to India and other countries. Hence, to reduce existing heavy reliance on China

Govt. Focus

Govt. has launched various schemes (Make in India, Start-up India, Production Linked Incentive
Scheme etc.) in past decade, which will play a crucial role in transforming India into a global
manufacturing hub

PESTICIDEWISE CONSUMPTION OF INDEGENIOUS PESTICIDES (MT)

Pesticides 2017-18 2018-19 2019-20 2020-21 2021-22
Insecticide 3945 9478 10657 6669 7858
Fungicide 9079 8962 9116 10318 11626
Weedicide 2970 3998 4275 3297 3899
Rodenticides 186 291 284 317 414
PGR 33 85 90 97 96
Bio-Pesticide 3473 3196 2359 3535 5012
Others Chemical
1 3 258   730
Pesticides
Total 19687 26014 27038 24233 29636

PESTICIDEWISE CONSUMPTION OF IMPORTED PESTICIDES (MT)

  2016-17 2017-18 2018-19 2019-20 2020-21
Insecticide 344.64 329.38 287.59 358.52 318.20
Fungicide 590.94 918.11 587.64 61.01 106.50
Weedicide 420.05 296.10 33.64 39.20 29.00
Rodenticides 2.00 13.07 2.10 8.10 8.00
PGR 8.05 8.43 1.02 0.00 0.00
Bio-Pesticide 0.00 0.30 0.20 0.00 0.00
  1365.68 1565.39 912.19 466.82 461.70
 Major Pesticides consumption in India

Pesticide Consumption (2021-22) in MT

Sulphur f 4348
Mancozeb f 2195
Chlorpyriphos i 1171
2,4-D Amine
h 1031
Salt
Pretilachlor h 658
Propineb f 610
Ziram f 593
Carbendazim f 592
Glyphosate h 571
Captan f 527
Malathion i 516
Profenophos i 457
Quinalphos i 442
Total 13712

PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
INSECTICIDES            
1 Abamectin i - - - - 15.00
2 Acephate i 169 330.60 405.91 356.90 350.95
3 Acetamiprid i 15 98.36 114.42 100.85 105.40
4 Allethrin i 5 9.72 6.00 19.00 20.08
5 Alphacypermethrin i 17 51.65 35.25 32.00 35.00
6 Alphamethrin i - - 23.00 25.05 17.52
7 Beta Cyfluthrin i 2 3.00 2.00 9.00 9.24
Beta Cyfluthrin +
8 i - - - - 0.004
Imidacloprid
9 Bifenthrin i 19 27.06 19.89 47.48 50.11
10 Buprofezin i 37 392.00 126.00 79.00 126.00
11 Buprofezin + Chlorpyriphos i - - - - 0.01
12 Carbaryl i - 31.00 181.00 - -
13 Carbofuran i 45 198.83 206.76 214.75 180.33
14 Carbosulfan i 3 11.70 27.99 31.13 25.90
15 Cartap Hydrochloride i 208 369.30 358.19 374.41 371.55
16 Chlorantraniliprole i 37 116.47 105.00 135.34 140.44
17 Chlorfenapyr i 10 1.00 1.00 1.00 1.00
18 Chlorfluazuron i 9 0.02 0.14 0.19 0.98
19 Chloroantipola i - - 33.05 - -
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
20 Chlorothalonil i 13 6.00 7.00 32.00 26.25
21 Chlorpyriphos i 478 1105.61 1430.62 1036.69 1170.90
22 Chlorpyriphos+Cypermethrin i 32 19.18 21.76 54.64 67.69
23 Clothianidin i - - - 14.00 15.00
24 Cyantraniliprole i 2 1.20 1.00 1.00 1.23
25 Cyflumetafen i 2 - - - -
26 Cyfluthrin i - - - - 4.27
27 Cypermethrin i 176 308.54 674.65 343.91 340.98
28 Cyphenothrin i - - - 5.00 7.00
29 Dazomate i - - - - 3.00
30 Deltamethrin i 11 45.49 49.67 24.59 52.58
31 Deltamethrin+Triazophos i 0.09 0.01 - 0.02 -
32 Diazinon i 1.000 - - - -
33 Diclorvos i 287 344.05 537.05 35.42 116.17
34 Difenoconazole i 11 9.29 19.32 64.60 75.04
35 Difenthiuron i 10 28.00 42.00 30.00 45.00
36 Diflubenzuron i - - - 1.00 3.00
37 Dimethoate i 92 323.64 367.51 209.59 216.36
38 Dinotefuran i 2 2.00 4.00 4.00 4.00
39 D-trans Allethrin i 3 13.09 17.10 20.11 21.10
40 Emamection Benzoate i 20 95.00 97.00 124.73 190.55
41 Ethepon i 2 70.76 45.69 22.19 49.46
42 Ethion i 21 50.04 36.83 79.14 118.63
43 Ethion +Cypermethrin i - 0.01 0.02 - -
44 Ethiprole i 1.000 2.00 2.00 2.00 1.00
45 Ethofenprox i 1.000 1.00 1.00 3.00 3.00
46 Etoxazole i - 2.00 1.00 - -
47 Fenitrothion i 17 5.00 17.41 16.45 17.75
48 Fenobucarb(BPMC) i 10 171.00 174.00 46.00 134.00
49 Fenopropathrin i - 4.00 5.00 7.00 7.00
50 Fenpyroximate i 2 4.02 5.48 5.27 16.12
51 Fenthion i 3 - - - -
52 Fenvalerate i 57 467.14 667.33 149.73 288.97
53 Fipronil i 131 548.12 444.05 256.83 379.56
54 Flonicamid i 5 7.81 4.63 5.55 4.65
55 Flubendiamide i 0.80 66.59 23.11 11.15 15.88
Flubendiamide +
56 i - - - - 0.02
Propamocarb
57 Flufenoxuron i - 4.00 5.00 7.00 7.00
58 Flupyradifurone i 2 - - - -
59 Fluvalinate i - - - - 4.00
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
60 Fomesafen i - - - - 2.00
61 Formothion i - - - 3.00 3.00
62 Imidachloprid i 135 309.42 371.99 317.17 323.74
63 Imiprothrin i 1.000 4.00 - - 2.00
64 Indoxacarb i 26 71.06 72.00 112.00 106.01
65 Lamda-cyhalothrin i 66 470.53 163.06 161.09 152.91
66 Lindane i 0.60 0.20 0.50 - -
67 Malathion i 103 656.41 647.14 305.41 516.18
68 Metal Dehyde i 0.20 0.30 - - -
69 Methyl Parathion i 19 83.28 115.40 - 0.41
70 Metsulfuron + Chlorimuron i - - 0.08 - 0.004
71 Metsulfuron Methyl i 41 - 76.11 5.00 57.05
72 Metsulfuron+Iodosulfuron i - - - - 12.00
73 Monocrotophos i 140 299.44 551.02 351.91 424.80
74 MP Dust i - 0.10 - 11.00 -
75 Neem based insecticides i 29 8.63 19.72 0.10 22.05
76 Oxydemeton methyl i 14 15.73 9.85 - 19.00
77 Paradichloro benzene i - - 4.00 - -
78 Permethrin i 1.000 - 1.00 6.00 3.00
79 Phenthoate i 11 3.08 14.50 26.90 17.73
80 Phorate i 480 723.70 641.49 19.86 4.00
81 Phosalone i 4 37.66 37.00 6.00 19.00
82 Phosphamidon i 45 42.15 51.20 16.00 -
83 Pinoxaden i - - - - 4.00
84 Prallethrin i 1.000 - - - -
85 Primiphos methyl i - - - 5.00 2.00
86 Profenofos+Cypermethrin i 0.52 0.42 0.40 1.12 0.51
87 Profenophos i 300 401.79 425.00 433.40 457.18
88 Propergite i 13 13.01 18.02 20.00 24.66
89 Propoxur i - - - 3.00 3.64
90 Pymetrozin i 2 6.00 11.00 10.00 10.00
91 Pyrethrum (Pyrethrins) i 9 5.70 3.20 12.00 16.00
92 Pyriproxyfen i 2 1.00 - - -
Pyriproxyfen +
93 i - - - - 0.03
Fenpropathrin
94 Pyrithiobac Sodium i - 5.10 5.10 - -
95 Quinalphos i 242 509.84 564.61 412.60 442.29
96 Quinalphos + Cypermethrin i - 3.88 0.76 4.27 2.88
97 Spinetoram i 2 8.00 12.00 12.00 11.00
98 Spiromesifen i 6 11.56 19.34 16.21 17.13
99 Tembotrione i 1.067 4.00 - - 0.56
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
100 Temephos i 18 15.70 13.10 10.80 12.35
101 Thiacloprid i 3 25.79 22.70 23.66 19.99
102 Thiamethoxam i 103 125.98 234.62 214.54 248.36
Thiocyclam Hydrogen
103 i 1.000 - 0.11 - -
Oxalate
104 Thiodicarb i 5 21.09 22.00 35.00 33.00
105 Transfluthrin i - 5.88 0.72 12.00 10.20
106 Triafamone i - - - - 1.00
107 Triasalfuron i - 8.00 - 15.00 -
108 Triazophos i 151 170.33 156.00 48.00 -
109 Trichlorofon i - 64.00 25.00 - -
  Sub Total (Insecticide)   3945 9478 10657 6669 7858
FUNGICIDES            
110 Aureofungin f - - 0.55 - -
111 Azoxystrobin f 11 16.01 35.20 39.28 40.05
Azoxystrobin +
112 f - - - - 0.33
Difenconazole
Azoxystrobin +
113 f - 0.05 0.60 -
Propiconazole -
Azoxystrobin +
114 f - - - - 0.70
Tebuconazole
115 Bispyribac Sodium f 147 25.08 25.76 35.12 33.01
116 Bitertanol f 0.85 0.85 0.50 - -
117 Captafol/Difolaton f 15 1.15 23.45 23.50 24.00
118 Captan f 108 140.71 123.93 434.51 527.20
119 Captan+Hexaconazole f 27 12.37 13.26 25.00 46.15
120 Carbendazim f 278 668.86 687.08 541.37 592.21
Carbendazim +
121 f - 0.01 2.01 - -
Hexaconazole
122 Carbendazim+Mancozeb f 50 44.39 10.97 296.69 23.63
123 Carboxin f 2 5.00 2.00 2.00 2.00
124 Copper hydroxide f 6 16.09 15.21 6.62 4.95
125 Copper Oxychloride f 167 332.72 298.84 316.32 324.25
126 Copper Sulphate f 208 149.76 76.62 61.30 66.96
Copper Sulphate +
127 f - - - - 0.42
Mancozeb
128 Cuprous Oxide f 2 2.00 1.00 3.00 2.00
129 Cyazofamid f - - - - 1.00
130 Cyhalofop-N-Butyl f - 2.00 2.21 4.29 6.72
131 Cymoxanil f 3 4.00 4.00 4.00 4.00
132 Cymoxanil +Mancozeb f - 5.76 6.00 - -
133 Dicofol f 6 10.14 8.57 7.18 8.42
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
134 Dimethomorph f 5 1.00 1.00 1.00 1.00
135 Dinocap f 3 4.33 3.13 8.00 8.00
136 Dodine f 151 114.44 56.26 166.79 233.33
137 Edifenphos f - 1.00 - - -
138 Epoxyconazole f 2 - 7.00 7.00 5.00
139 Famoxadone f 2 - - - -
140 Fenamidone f 2 1.00 - - -
141 Fenamidone + Mancozeb f - 0.02 0.07 - -
142 Fenarimol f 0.28 0.28 - - -
143 Fenazaquin f 2 2.70 4.51 4.00 4.00
144 Fenoxaprop-P- Ethyl f 3 7.00 15.00 13.00 12.01
145 Fluopicolide f 1.000 - - - -
146 Fluopyram f 2 - - - -
147 Fluoxifop-P- Ethyl f - - - - 1.00
148 Flusilazole f 2 1.00 2.00 2.00 5.63
149 Fluxapyroxad f 2 1.00 7.00 - -
Fluxapyroxad +
150 f - - - - 7.00
Pyraclostrobin
151 Fosetyl-Al f 2 2.00 2.01 2.00 2.00
152 Hexaconazole f 30 127.82 153.68 112.41 127.63
153 Hexaconazole+Zineb f - 4.70 3.00 - 106.95
154 Hexythiazox f 0.23 - 0.10 - 1.55
155 Iprobenfos f 5 2.00 - - -
156 Iprovalicarb f 1.000 2.00 3.00 3.00 -
157 Isoprothiolane f 4 15.00 14.00 10.00 11.00
158 Kasugamycin f 2 3.00 7.00 7.00 6.00
159 Kitazine f 0.36 0.11 0.54 0.31 0.35
160 Kresoxim Methyl f 1.000 1.00 - - 2.23
161 Lime Sulphur f 13 14.24 7.00 4.00 9.00
162 Mancozeb f 3257 2792.64 2181.46 1877.43 2194.51
163 Mancozeb+Carbendazim f 48 2.85 80.30 - 321.00
164 Mancozeb+Metalaxyl f 9 0.04 0.07 21.27 7.03
165 MEMC (Methoxy Ethyl Mercury f 2 0.80 2.00 - -
Chloride)
166 Metalaxyl f 17 34.83 48.00 38.00 51.00
Metalaxyl Methyl +
167 f - - - - 0.04
Chlorothalonil
168 Metalaxyl+Carbendazim f - - - 0.04 -
169 Metalaxyl+Mancozeb f 3 5.11 5.20 3.69 -
170 Methomyl f 1.000 3.00 5.00 14.00 4.00
171 Metiram f 22 6.00 14.00 21.26 23.92
172 Metiram + Pyraclostrobin f 3 - - 13.76 16.37
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
173 Myclobutanil f 4 5.35 5.60 7.50 8.32
174 Novaluron f 15 13.75 15.00 15.00 15.00
175 Penconazole f - 0.71 - - -
176 Pencycuron f - 29.00 32.00 30.00 31.00
177 Picoxystrobin f 2 3.00 3.00 4.00 2.00
178 Propaquizafop f 12 13.04 24.00 27.00 30.00
179 Propiconazole f 49 90.83 131.29 112.46 113.91
Propiconazole +
180 f - 0.35 1.20 - 6.37
Difenoconazole
181 Propineb f 248 329.56 197.49 507.75 610.22
182 Pyrachlostrobin f 5 4.00 8.00 8.00 8.00
183 Pyrachlostrobin + Boscalid f - - - - 1.95
184 Pyrazosulfuron Ethyl f 3 1.62 2.14 7.18 4.30
185 Quizalofop Ethyl f 8 15.00 31.00 33.00 31.00
186 Spinosad f 2 45.00 50.00 20.00 20.00
187 Streptocycline f - 18.10 15.40 - 6.00
188 Streptomycin+Tetracycline f 5 6.00 13.00 13.00 13.00
189 Sulfosulfuron f 23 58.20 76.40 56.84 73.58
Sulfosulfuron + Metsulfuron
190 f - 0.13 0.13 - 0.93
Methyl
191 Sulphur f 3774 3221.98 3878.29 4245.13 4347.66
192 Tebuconazole f 7 29.44 49.07 89.68 89.30
193 Tebuconazole + Captan f - - - - 18.51
194 Tebuconazole + Sulphur f - - - - 37.49
Tebuconazole +
195 f - - - - 17.91
Tryfloxystrobin
196 Thifluzamide f - 1.00 5.00 5.32 0.38
197 Thiophanate-Methyl f 51 99.58 177.57 201.19 198.29
198 Thiram f 38 83.61 101.76 111.10 115.40
199 Triallate f - - 3.00 3.00 3.00
200 Triasulfuron f - - - - 14.00
201 Tricyclazole f 10 37.31 69.21 77.91 77.90
202 Tridemorph f 3 6.05 6.50 7.00 6.30
203 Trifloxystrobin f 4 5.00 6.00 6.00 6.00
204 Wettable Sulphur f - 0.75 0.75 - -
205 Zineb f 102 141.50 135.32 124.57 255.33
206 Zineb+Hexaconazole f 2 - - - -
207 Ziram f 82 114.50 117.60 475.54 593.20
  Sub Total (Fungicide)   9079 8962 9116 10318 11626
WEEDICIDES            
208 2,4-D Amine Salt h 2 5.33 1066.81 926.80 1031.45
209 2,4-D Di-Chlorophenoxy h - 871.51 45.00 - -
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
Acetic Acid
210 2,4-D Ethyl Ester h 13 12.81 5.65 12.86 10.20
211 2,4-D Sodium Salt h 898 26.88 22.90 8.20 0.01
212 Alachlor h 10 17.35 31.00 - 0.12
213 Ametryn h 28 64.00 25.00 25.00 25.00
214 Anilophos h 14 159.53 138.20 28.00 29.00
215 Atrazine h 302 387.00 346.26 287.82 331.88
216 Bensulfuron+Pretilachlor h - - - 17.00 25.29
217 Butachlor h 343 565.24 354.10 209.17 220.01
218 Carfentrazone Ethyl h 4 13.15 15.70 15.67 16.99
219 Chlodinafop + Metribuzin h - - - - 0.23
220 Chlodinafop+Metsulfuron h - 32.00 - - -
221 Chlodinafop-Propargyl h 67 134.03 147.40 53.16 149.68
Chlodinafop-Propargyl +
222 Sodium Acifluorfen h - - - - 11.00

223 Chlorimuron Ethyle h 2 9.00 13.00 12.00 12.00

224 Cyhalofop h 1.000 0.81 - - -
225 Dalapon h 6 10.60 12.50 13.00 13.20
226 Diclofop Methyl h - - - - 3.00
227 Diuron h 123 56.53 12.46 11.54 10.37
228 Emazithaper h - 0.07 17.00 - -
229 Ethoxysulfuron h 1.000 1.00 1.00 1.00 1.00
230 Fluchloralin h 6 9.40 3.35 15.00 14.00
231 Glufosinate-Ammonium h 1.070 0.44 1.22 - 1.00
232 Glyphosate h 654 679.81 571.49 505.19 571.06
233 Glyphosate Ammonium h - - - - 1.30
234 Growth Promoters h - - 0.52 4.35 -
235 Halosulfuron methyl h 3 13.00 16.00 16.00 16.00
236 Haloxyfop R Methyl h - - - - 1.00
237 Imazamox h 1.000 1.00 1.00 1.00 1.00
238 Imazethatyr h 60 45.00 48.00 74.00 84.06
239 Isoproturon h 12 174.10 291.90 14.00 184.00
240 Mepiquate Chloride h 2 2.00 - 2.00 2.00
241 Mesosulfuron + Idosulfuron h - - - - 0.04
242 Mesosulfuron Methyl h - 49.14 19.00 39.21 -
243 Methabenzthiazuron h - - - - 3.00
244 Metribuzin h 67 106.73 110.70 68.20 105.43
245 Oxadiargyl h 2 6.66 4.50 4.00 5.14
246 Oxyfluorfen h 5 16.37 17.66 34.16 29.25
247 Paraquat Dichloride h 53 107.30 113.18 74.49 127.82
248 Pendimethalin h 152 137.69 198.94 149.00 201.92
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
249 Penoxsulam h 1.000 1.00 - 3.68 -
250 Pretilachlor h 132 276.68 621.37 666.83 657.83
251 Propanil h 3 3.70 2.50 4.00 2.00
252 Simazin h 0.45 0.60 - 0.40 0.40
253 Topramezone h 1.000 1.00 - - -
  Sub Total (Weedicide)   2970 3998 4275 3297 3899
RODENTICIDES            
254 Aluminium Phosphide r 76 94.59 91.85 103.57 148.54
255 Barium Carbonate r 2 2.00 3.00 6.00 7.00
256 Bromadiolone r 10 26.87 22.57 56.08 32.48
257 Coumachlor r 2 2.00 2.00 3.00 4.00
258 EDCT Mixture r 4 3.00 5.00 5.00 7.00
259 Ethylene Dibromide r 18 12.00 19.40 26.00 19.00
260 Hydrogen Cyanamide r 1.000 - - - -
261 Methyl bromide r 8 18.00 16.20 28.00 88.48
262 Warfarin r 0.04 0.04 0.30 - -
263 Zinc Phosphide r 65 132.66 123.27 89.25 107.84
  Sub Total (Rodenticides)   186 291 284 317 414
PLANT GROWTH REGULATOR            
264 Alpha Napthyl Acetic Acid pgr 7 17.29 12.62 11.89 12.57
265 Chlormequat chloride pgr 15 17.00 13.15 10.00 11.01
266 Giberrilic acid pgr 3 6.97 7.27 21.97 12.73
267 Growth Promoters pgr - - - - 7.81
268 Paclobutrazole pgr 2 14.00 22.00 15.00 18.00
269 Sodium Paranitro Phinolate pgr - 6.00 5.00 8.00 6.00
270 Triacontanol pgr 3 13.00 14.00 12.73 13.08
271 Validamycin pgr 3 11.08 16.00 17.00 15.00
  Sub total (PGR)   33 85 90 97 96
272 Others Chemical Pesticides misc 1.160 2.52 258.00 - 730.00
  Total Chemical pesticides   16214 22818 24679 20697 24623
BIO-PESTICIDES            
273 Ampelomyces Quisqualis bp - - - - 1.26
274 Azadirachin bp 109 113.50 134.51 117.10 260.46
275 Bacillus Subtilis bp 22 21.00 21.00 22.62 -
276 Bacillus Thuringiensis bp 88 81.33 82.99 108.50 141.42
Bacillus Thuringiensis Var.
277 bp - - - - 0.75
israelensis
Bacillus Thuringiensis Var.
278 bp - - - - 18.90
Kurstaki
279 Beauveria Bassiana bp 345 407.97 180.75 174.26 465.78
280 Metarhizium anisopliae bp 314 305.41 36.10 23.07 275.73
281 Neem based insecticides bp 338 376.16 184.91 565.90 655.65
 PESTICIDEWISE CONSUMPTION OF INDIGENOUS PESTICIDES

S.
Pesticides Group 2017-18 2018-19 2019-20 2020-21 2021-22
No.
               
282 NPV (H) bp 36 179.70 351.90 144.10 1.30
283 NPV (S) bp 48 298.50 0.39 - 162.29
284 Pascilomysis Lilacinus bp 57 55.00 35.63 60.74 69.03
285 Pseudomonas fluorescens bp 600 371.95 401.22 592.68 653.60
286 Tricoderma Harzianum bp 381 10.67 23.80 10.00 27.00
287 Tricoderma Spp. bp 21 234.82 215.28 969.00 51.32
288 Tricoderma Viride bp 791 449.78 582.69 660.99 1897.52
Verticillium
289 bp - - 0.07 - -
Chlamydosporium
290 Verticillium lecanii bp 322 290.15 107.65 86.42 329.60
291 Other Bio-pesticides bp 0.07 - - - 0.81
  Sub total (Bio-Pesticide)   3473 3196 2359 3535 5012
  Grand total   19687 26014 27038 24233 29636

1. Cresols

Cresols is a precursor to production of pesticides like Fenitrothion. It is produced from the building
block Toluene. Cresols have three isomers –p-cresols mainly used in agrochemicals, m-cresols and o-
cresols used in flavour and fragrances, personal care and pharmaceuticals.

Domestic consumption of cresols is mainly for p-cresols with Atul Industries Ltd the only producer.
Demand of cresols especially m- and o-cresols are increasing due to demands from personal care
and flavour and fragrances industries with the domestic demand growing at a CAGR of 15%.

Technology licensor for cresols available with Lanxess, Mitsui, Sasol and technology provider are also
the major producer in the global market. Lanxess is major producer with capacity of 20 KTA for m-
cresols. Capex for 60 KTA plant is Rs 300 Cr and Estimated EBITDA is Rs 380 Crs.

2. Ethanol Amines

Ethanol amines are produced by treating ethylene oxide with Ammonia. The reaction produces
MonoEthanol Amines (MEA) with by-product diethanolamine (DEA) and triethanolamine (TEA).

DEA is the Key raw material in the production of glyphosate which is a herbicide.

Ethanol amines are imported in India (50 KTA last year). Major domestic producer is Balaji Amines
Ltd and Amines and Plasticizer Ltd.

Technology Licensor are Dows, Huntsman etc with Huntsman and Dow a major global producer of
Ethanol Amines as well.

Capex for 48 KTA is Rs 240 Crore with estimated EBITDA of Rs 390 Crs
 3. Acetonitrile

Acetonitrile is an alternate value addition of Propylene other than PP. Acetonitrile is produced by the
ammoxidation of Propylene. Propylene, Ammonia and air are reacted in a fluidised bed reactor to
produce Acetonitrile with CAN and hydrogen cyanide as by-products.

Technology licensor are Chemours USA , Ineos, UK, Asahi Kasei Japan. Global production capacity is
80 KTA with Ineos and Asahi Kasei as the major producer.

For a 50 KTA plant, the capex required will be Rs 240 Crs.

o Dow Chemicals
o Eastman Chemical Company
o ExxonMobil Ch emical
o Pt Petro Oxo Nusantara

 Domestic
o The Andhra Petrochemical Limited
o Bharat Petroleum Corporation Limited

4. Mancozeb

Mancozeb is a dithiocarbamate non-systemic agricultural fungicide with multi-site, protective action

on contact. It is a combination of two other dithiocarbamates: maneb and zineb. The mixture
controls many fungal diseases in a wide range of field crops, fruits, nuts, vegetables, and
ornamentals. It is marketed as Penncozeb, Trimanoc, Vondozeb, Dithane, Manzeb, Nemispot, and
Manzane.

Raw Materials: Methane, Sulphur, Ethylene diamine

5. Glyphosate

Glyphosate can be applied for abolition and growth suppression of annual and perennial weeds on
the fields intended for sowing various crops.

It can be used on grape and tea plantations, at planting of citrus and fruit trees, in personal
subsidiary and water farms, in forest tree nurseries for directional soil spraying or at the repeated
use of some herbicides.

Raw Material – Imino di-acetonitrile, formaldehyde, hydrogen peroxide, sodium hydroxide and
hydrochloric acid

6. Chlorpyriphos

Raw materials – Chlorine, pyridine, acetonitrile

7. 2,4-D Amine Salt

8. Pretilachlor
9. Propineb
10. Ziram
11. Carbendazim
12. Captan
13. Malathion
14. Profenophos
15. Quinalphos