Industry Background:
Seed treatment chemicals protect germinating seeds and seedlings against soil and seed-borne pathogens or insects, enhance seed germination, early and uniform establishment and growth, and enhance nodulation in legume crops. These factors drive the global seed treatment chemicals market growth. Adoption of biological seed treatment solution coupled with huge investments and developments from the major players
Attributes | Details |
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Study Period | 2016-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF SE (Germany), Syngenta AG (Switzerland), Bayer CropScience AG (Germany), Monsanto Company (United States), Nufarm Limited (Australia), The Dow Chemical Company (United States), FMC Corporation (United States), Novozymes A/S (Denmark), Platform Specialty Products Corporation (United States) and Sumitomo Chemical Company Ltd. (Japan) |
This growth is primarily driven by Rapidly Growing Population and the World is Increasingly Dependent on Ability to develop and Maintain Sustainable Agriculture and Healthy Environments and Rising Prevention for Plant Diseases and Demand for Genetically Modified Seeds.
Globally, a noticeable market trend is evident Surging Demand for Biological Seed Treatment
. Major Vendors, such as BASF SE (Germany), Syngenta AG (Switzerland), Bayer CropScience AG (Germany), Monsanto Company (United States), Nufarm Limited (Australia), The Dow Chemical Company (United States), FMC Corporation (United States), Novozymes A/S (Denmark), Platform Specialty Products Corporation (United States) and Sumitomo Chemical Company Ltd. (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Bayer’s global seed coatings business is acquired by Solvay. The acquisition strengthens Solvay’s existing seed care portfolio in bio-based, seed-applied solutions. The business is recognized globally for seed coating and seed enhancement products such as Peridiam, fluency powders, Certop, Pro-Ized Pigment, and Talkum, and its research and development capabilities for on-seed formulations.
On 17th May 2022, Syngenta Crop Protection’s Seedcare business unveiled VICTRATO. It is a novel technology with a powerful combination of nematode and disease control for growers looking to enhance the quality and yield of their crops and support the long-term health of their soil. VICTRATO allows plants to optimize water and nutrient uptake while rising stress tolerance and yield, delivering a greater return on investment for the farmer. and In 2021, BASF is introducing the next generation of coating polymers for seed treatments with Flo Rite Pro 2805. The coating polymer is designed to increase the adhesion and retention of active ingredients, Flo Rite Pro 2805 coating polymer preserves the comprehensive value of seed treatments while helping protect both workers and the environment.
Market Drivers
- Rapidly Growing Population and the World is Increasingly Dependent on Ability to develop and Maintain Sustainable Agriculture and Healthy Environments
- Rising Prevention for Plant Diseases and Demand for Genetically Modified Seeds
Market Trend
- Surging Demand for Biological Seed Treatment
- Farmers Focus to Improve Planting Material
Restraints
- Regulatory Guidelines on the Harmful Effects of Seed Treatment Chemicals
Opportunities
Advancement in the Seed Treatment Technology and Growing Demand for the Best Quality Seeds will create Opportunities for the Market Growth
Challenges
High Cost Associated with the Seed Treatment Process and Lack of Awareness among Farmers in Emerging Economies
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Seed Treatment Chemicals Study Sheds Light on
The Seed Treatment Chemicals Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Seed Treatment Chemicals industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Seed Treatment Chemicals industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.