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Seed treatment market analysis by treatment type (insecticides, fungicides, chemical, non-chemical), by crop (corn, soybean, wheat, canola, cotton) and segment forecasts to 2020


San Francisco, California, USA
August 12, 2014

Environmental benefits of seed treatment over conventional methods is expected to boost demand over the next six years

Seed treatment is referred to as chemical or non chemical treatment of seeds prior to plantation. Seed treatment is environmentally very safe mode using pesticides, as the quantities used are very less and the outcomes are remarkable. Seed treatment plays a crucial role as it develops the quality and yield of agricultural products. Crop protection chemicals are one of the most dominant segments of seed treatment market in terms of product innovation and market share.

Rising cost of genetically modified seeds and the cost-effectiveness of seed treatments over other conventional crop protections methods is expected to drive the demand for seed treatment. In addition the ability of market contributors to look for a comprehensive protection solution against various abiotic and biotic stresses in a single product is further expected to boost the market. This battle of crop-friendly, grower-friendly, and environment-friendly product innovation are going to be the key strategies that are anticipated to drive the growth of this segment in future. Though lack of government regulations for seed treatment and treated seed active component registration may hamper the seeds market globally and eventually, the demand for seed treatment in near future. The treatment market can be segmented as chemical treatment and non chemical treatment. Chemical seed treatments which are manufactured from inorganic material and petrochemicals can be further segmented as fungicides, Insecticides, pesticides, and other chemical treatments. Non chemical treatments are often known as bio-based seed treatment and they are made of natural/renewable ingredients and other organic materials. Bio-based seed treatment doesn’t have any negative impact on its consumers, workers, environment and soil. On the basis application market is segmented in bio control, fungicides, insecticides, and others. Bio control is the process of controlling pests in the crop using other living organisms. Fungicides and insecticides are chemical solutions which help prevent insects and fungus to infect the crop. Cereals and grain, oil seeds and other crops are the segmentations of crop applications. Market is segmented into four key regions North America, Europe, Asia-Pacific, and the rest of the world. North America is the biggest market for seed treatment and is expected to continue the same growth pastern followed by Europe, Asia Pacific and RoW.

Key players in the market are Syngenta, Bayer CropScience AG, Monsanto, BASF, Advanta India Ltd, Dow Agro Sciences, DuPont, Nufarm Ltd, Chemtura Agro Solutions and Sumitomo Chemical Co. Ltd.

REPORT

Seed treatment market analysis by treatment type (insecticides, fungicides, chemical, non-chemical), by crop (corn, soybean, wheat, canola, cotton) and segment forecasts to 2020

Published June 2014



More news from: Grand View Research


Website: http://www.grandviewresearch.com

Published: August 12, 2014

 

 

 

 

 

 

 

 

 

 


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