10-Sep-2020 | Zion Market Research
Zion Market Research predicts that the global seed treatment chemicals market will develop to USD 14.19 billion by 2026 from USD 7.2 billion in 2019, at a CAGR of 11.8% in the years to come. Owing to the rising requirement for incorporated pest management methods to lower pesticide employment, seed treatment products have been attaining inclination for their useful properties such as the capability of combating pests and early-season diseases as well as their impact on crop yield.
Cereals & Grains Segment Projected To Be The Most Essential Crop Type For The Global Market
Application of pesticides on cereals & grains was witnessed to be the uppermost in Asia Pacific nations and the US. Insecticides such as thiamethoxam and imidacloprid have been used widely on wheat and corn cultivation in nations such as China, the US, and India. An elevation in requirement has been seen for seed treatment from up-and-coming areas too owing to the elevating awareness about sustainable agricultural methods. Therefore, the cereals & grains section is claimed to rule the global seed treatment market in the years to come.
Biological Seed Treatment Expected To Be The Quickest-Developing Segment In The Forecast Period
The acceptance of chemicals in seed treatment is dropping due to the environmental degradation led by extreme employment of these pesticides and the alertness of the toxicological impacts related to them. A bulk of these chemicals has been barred in a few nations all over Europe, which impacts the global market to a noteworthy level. Owing to the acceptance of sustainable agricultural methods in developed and developing nations, biological seed treatment has been attaining value among the farmers, which can be witnessed from the rising R&D activities by the major players in the global market.
Asia Pacific Expected To Develop At The Maximum CAGR In The Years To Come
Asia Pacific is expected to be the quickest-developing area between 2019 and 2025 in the seed treatment market. The Asia Pacific area has been undergoing noteworthy demand for seed treatment owing to the requirement to undertake efforts to lower the environmental issues related to excessive use of pesticide. There has been a rise in the usage of insecticide seed treatment in nations such as China, Australia, and other developing nations of the area.
Browse the full “Seed Treatment Chemicals Market - by Type (Chemical seed treatment and Non-chemical seed treatment), by Function (Seed Enhancement, Seed Priming, Seed Disinfection, and Seed Protection (Fungicides, Insecticides)), by Application Technique (Dressing, Coating, and Pelleting), by Crop Type (Oilseeds & Pulses and Cereals & Grains), and by Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/seed-treatment-chemicals-market
The global seed treatment chemicals market is segmented as follows:
By Crop Type
By Application Technique
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