The growth of the market is due to rise in seed cost
and change in climatic conditions, the global chemical seed treatment market is
expected to grow at a compound annual growth rate (CAGR) of 6.9% and reach
US$4.1 billion by 2022 from $2.4 billion in 2014.
The drivers of the market are increase in farm sizes,
greater pressure from regulatory requirements and usage of multi-component
products. The restrains of the market are imbalance between cost and
effectiveness, concern towards environment. The opportunities for the market
are growth in biological seed treatment.
Chemical Seed Treatment Market is segmented by crop
and by application. Depending on the various crops, market is segmented into
Corn, Cotton, Rice, Wheat and Soybean. Based on application, the market is
categorized as Fungicides and
Insecticides. Chemical seed treatment market, by geography is segmented into
North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is
expected to be the fastest growing market. Significant mergers and
acquisitions, collaborations, and joint ventures are the industry trends that
are playing a major role for the market growth.
The key players in the Chemical Seed Treatment
Market include Adama Agricultural
Solutions Ltd, Bayer CropScience AG, Chemtura AgroSolutions, DuPont, Germains
Seed Technology, Monsanto Company, Plant Health Care, Precision Laboratories
LLC, Syngenta International AG and Valent USA Corporation.
For more information visit: http://www.marketresearchreports.com/stratistics-mrc/global-chemical-seed-treatment-market-outlook-2014-2022
To
browse more Agricultural Chemicals
Market Research Reports visit: http://www.marketresearchreports.com/agricultural-chemicals
No comments:
Post a Comment