Chemical Seed Treatment- Global Market Outlook (2016-2022)
According to Stratistics MRC, the Global Chemical Seed Treatment Market size is valued at $2.56 billion in 2015 and is expected to reach $4.09 billion by 2022 growing at a CAGR of 6.9% between 2015 and 2022. Growing food demand and not much adequate supply had given rise to the need for better crop-science techniques. Rising seeds cost and change in climatic conditions are enforcing the cultivators to opt for cost-effective techniques; these factors are fueling the market. Moreover, increase in farm size; regulatory requirements and usage of multi-component products are driving the market. Environmental concern is one of the major drawbacks that is hampering the market.
Insecticide segment is estimated to be the largest revenue generating market owing to the increasing cases of crop failure due to insects/parasites attack. However, the cereals and grains segment is expected to be the fastest growing market due to the increase in global demand for food supplies. Whereas, the North America is accounted for the largest revenue generating region because of the large availability of cultivation land and it’s being the largest producer of seed treatment as well.
Some of the major players of the chemical seed treatment market include Adama Agricultural Solutions Ltd, BASF SE, Bayer CropScience AG, Chemtura AgroSolutions, DOW chemical Company, DuPont, Germains Seed Technology, Monsanto Company, Novozymes A/S, Nufarm Limited, Plant Health Care, Precision Laboratories LLC, Sumitomo Chemical Company Limited, Syngenta International AG and Valent USA Corporation.
Applications Covered: Fungicides Insecticides Bio-Control Other Applications
Crops Covered: Rice Cotton Soybean Wheat Corn
Regions Covered: North America US Canada Mexico Europe Germany France Italy UK Spain Rest of Europe Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific Rest of the World Middle East Brazil Argentina South Africa Egypt
What our report offers: Market share assessments for the regional and country level segments Market share analysis of the top industry players Strategic recommendations for the new entrants Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) Strategic recommendations in key business segments based on the market estimations Competitive landscaping mapping the key common trends Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements