The report analyzes the global seed treatment market using segmentations based on type and crop, along with a geographical explanation of the global seed treatment market.
Albany, NY -- (SBWIRE) -- 01/28/2016 -- Albany, New York, September 28, 2015: The global seed treatment market is growing at a CAGR of 9.2% from 2012 to 2018. A research report added to the database of MRRSE, titled "Seed Treatment Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018". The market's 2011 value of US$2.43 bn is set to rise up to US$4.45 bn by 2018.
According to the report, the global seed treatment market is currently flourishing due to the growing global population as well as the advancements in technology that aid the market. A larger population has created a substantial demand for seeds, thereby accelerating the global seed treatment market.
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Restrictions on the global seed treatment market as stated in the report include the growing concerns regarding the negative impact of the chemicals used in pesticides, causing most of them to be under strict regulatory enforcements.
In light of the growing regulatory restrictions, the global seed treatment market's fastest growing segment in the forecast period is the non-chemical treatment segment, which constitutes the treatment of seeds using biological agents. Owing to the same reason of environmental conservation, another rapidly growing segment of the global seed treatment market is the biobased seed treatment. According to the report, the biobased seed treatment segment is the smallest in the global seed treatment market, but is also one of the fastest growing ones.
Key players in the global seed treatment market as explained in the report are BASF, DuPont, Sumitomo Chemical Co. Ltd., Dow Agro Sciences, Nufarm, Advanta India Ltd., Chemutra Agro Solutions, Bayer Cropscience, Monsanto, and Syngenta. The report on the global seed treatment market mentions data from secondary resources such as BASF SE, the European Seed Association, the World Seed Magazine, and the International Seed Federation.
The report analyzes the global seed treatment market using segmentations based on type and crop, along with a geographical explanation of the global seed treatment market. In terms of type, the global seed treatment market consists of the segments of fungicides, insecticides, non-chemical treatments, and common chemical treatments. In terms of crops, the global seed treatment market is divided into cotton, canola, wheat, soybean, corn/maize, and others such as rice and potatoes.
Seed treatment involves the use of biological or chemical agents that contain active ingredients. They are applied to the seeds in the pre-packaging stage. In the modern world, the global seed treatment market is an effective process of crop protection.
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The seeds are coated with insecticides or fungicides, usually in a combination with other chemicals or biological agents that further disinfect the seeds from storage insects and pathogens present in the soil.
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