The Global Seed Treatment Materials Market was $8.7 Bn in 2020, and it is highly expected to reach $21.4 Bn by 2030. It is eventually growing at a commendable high compound annual growth rate CAGR of 9.4% between 2020 – 2030. However due to the current pandemic of COVID-19 there might be some slight difference in the growth rate in the present year. The Global Seed Treatment Materials Market is driven by organic trends that will help to grow the biological and polymers segments. Among these the seed polymers are expected to be accountable for the high share in the global market. The sustainable practices in the agriculture will help to push the adoption and this will give opportunities in the seed treatment material to increase at a higher speed.
Global Seed Treatment Materials Market Is Estimated to Witness Remarkable Growth
Source: SAI Research
Global Seed Treatment Materials Market has been segmented into Product, Treatment Method, Application, Crop Type. By Product – Insecticide, Fungicide, Bio-Control. By Treatment method – Seed Coating, Seed Dressing, Seed Pelleting. By Application- Seed Treatment, Seed Enhancement. By Crop Type- Cereals & Grains, Oilseeds & Pulses. By Geography – North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Bio-control seed treatment is the fastest growing segment during the forecast period that is mainly because of the rising awareness along with the strict government regulation against the chemical seed treatment.
By Region Asia Pacific is Holding the Major Market Share
The Global Seed Treatment Materials Market has been geographically segmented into North America, Europe, Latin America, Middle East and Africa region. In addition to this Asia Pacific Global Seed Treatment Materials Market is holding the largest market share currently and is also estimated to show the highest compound annual growth rate in the upcoming forecast period due to the use of the agrochemicals in Asia Pacific and this has increased in the recent years mainly because of the decreased arable land. This in turn is expected to provide growth opportunity for the seed treatment market in this region and will help to meet the food demands.
Major Players in the Global Seed Treatment Materials Market
Some of the key players in the Global Seed Treatment Materials Market include report include Syngents International AG, Bayer CropScience AG, BASF SE, Corteva Agriscience, Adama Agricultural Solutions Ltd., Germains Seed Technology, UPL Limited, Incotec Group BV, Valent Biosciences Corporation, Advanced Bilogical Marketing Inc.
The Global Seed Treatment Materials Market Has Been Segmented Into:
Key players profiled in the report include Syngents International AG, Bayer CropScience AG, BASF SE, Corteva Agriscience, Adama Agricultural Solutions Ltd., Germains Seed Technology, UPL Limited, Incotec Group BV, Valent Biosciences Corporation, Advanced Bilogical Marketing Inc.
The Global Seed Treatment Materials Market Has Been Segmented Into:
GLOBAL SEED TREATMENT MATERIALS MARKET, BY PRODUCT
GLOBAL SEED TREATMENT MATERIALS MARKET, BY TREATMENT METHOD
GLOBAL SEED TREATMENT MATERIALS MARKET, BY CROP TYPE
GLOBAL SEED TREATMENT MATERIALS MARKET, BY APPLICATION
GLOBAL SEED TREATMENT MATERIALS MARKET, BY REGION
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