Global Seed Treatment Materials Market Size study & Forecast, by Coating Type (Seed Film Coating, Seed Encrusting, Seed Pelleting), by Application (Seed Polymers, Binder & Fillers, Colourant, Seed Biologicals, Seed Protection, Fungicides), by Treatment Me

Global Seed Treatment Materials Market Size study & Forecast, by Coating Type (Seed Film Coating, Seed Encrusting, Seed Pelleting), by Application (Seed Polymers, Binder & Fillers, Colourant, Seed Biologicals, Seed Protection, Fungicides), by Treatment Method (Chemical Seed Treatment, Non-Chemical Seed Treatment, Hot Water Treatment, Dry Heat Treatment), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Other Crop Types) and Regional Analysis, 2022-2029

Global Seed Treatment Materials Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Seed treatment materials are referred to as seed treatment products or chemicals that are utilized in the seed treatment methods including seed pelleting, seed coating, seed dressing, and seed disinfection. The growing awareness regarding seed treatment materials and the rise in demand for high-efficiency seed treatment solutions are the prominent factors that are amplifying the demand for seed treatment materials across the globe.

The thriving growth of the agriculture industry is excelling in the market expansion at a substantial rate. According to Statista, in 2018, Brazil's agriculture sector's contribution to GDP (gross domestic product) accounted for 4.4%, which reached 5.9% in the year 2020. Also, in Ukraine, the agriculture sector's contribution to GDP was recorded at 8.97% in 2019, which is estimated to reach 10.63%. Therefore, the rising involvement of the agriculture industry in a developing country is exhibiting a huge influence on the market demand in the global market. In addition, the rising focus on sustainability practices in agriculture, as well as the growing demand for high-quality seeds are presenting various growth prospects to the market in the forthcoming years. However, regulations from the government and industry standards and the limited shelf life of the treated seeds are hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Seed Treatment Materials Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the strong presence of biological seed treatment companies along with the increasing need for better quality seeds. Whereas, the Asia Pacific is expected to grow at the highest growth rate over the forecasting period. Factors such as rising demand for crop protection chemicals, as well as the growth of high-value crops, are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
Corteva Agriscience
Eastman Chemical Company
FMC Corporation
Chromatech Incorporated
Bayer AG
Evonik
BASF SE
Novozymes A/S
Clariant Specialty Chemicals
Syngenta AG

Recent Developments in the Market:
 In January 2021, Corteva Agriscience announced the establishment of a new Centre of Seed Applied Technologies (CSAT) in south-west France, which is engaged in seed treatment such as Lumivia and Lumiposa for insecticide seed treatment control, Lumisena and Lumflex for fungicide seed treatment control, and Lumidapt, seed-applied growth nutrition for all hybrid crops.
 In December 2020, BASF announced the launch of three new soybean seed treatment solutions, Vault IP Plus seed treatment, Poncho XC seed treatment, and Relenya seed treatment.

Global Seed Treatment Materials Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Coating Type, Application, Treatment Method, Crop Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Coating Type:
Seed Film Coating
Seed Encrusting
Seed Pelleting
By Application:
Seed Polymers
Binder & Fillers
Colourant
Seed Biologicals
Seed Protection
Fungicides
By Treatment Method:
Chemical Seed Treatment
Non-Chemical Seed Treatment
Hot Water Treatment
Dry Heat Treatment
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Other Crop Types
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

Corteva Agriscience
Eastman Chemical Company
FMC Corporation
Chromatech Incorporated
Bayer AG
Evonik
BASF SE
Novozymes A/S
Clariant Specialty Chemicals
Syngenta AG

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