The Australian Pesticide Manufacturing industry has faced a challenging operating environment over the five years through 2015-16. The rapid growth in generic pesticide products as key patents have expired has negatively affected the industry's performance. Furthermore, as consumer concerns over the use of pesticides within the food chain have increased, so too have industry regulations – particularly as residual detection methods have improved. The withdrawal of several active ingredients in view of human health concerns has reduced the industry's product portfolio, forcing industry operators to incur the escalating costs associated with bringing new active ingredients to market.
The industry is made up of companies that manufacture chemicals designed to control pests, weeds or fungi. Its three main product types are herbicides, fungicides and insecticides, most of which are targeted towards agricultural users. The industry also manufactures ready-to-use products used by non-agricultural markets including households, turf growers and professional pest management companies.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.