The europe chemical seed treatment market size is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing use of a combination of chemical agents, which results in more success in combating with the pests.
Seed treatment is the process of applying chemical substances or biological organisms to a seed to suppress, control, and repel plant diseases, insects, or other pests that attack seeds, seedlings, or plants. Chemical seed treatments are usually made from petrochemical or inorganic raw materials.
Chemical seed treatment is the application of fungicides, insecticides, or mixture of the two to disinfect them from seed-borne or soil-borne pathogenic organisms as well as storage insects. It also includes exposing seeds to sunlight and immersing them in conditioned water. Fungicides are utilised in greater quantities due to lower prices.
Europe Chemical Seed Treatment Market Segment Insights
On the basis of chemical types, the market is divided into insecticides, fungicides, and others. The insecticides segment is expected to account for a key market share owing to the increasing usage of seed treatment solutions on high-priced GM seeds, growth in the area under GM crops, rising crop demand for biofuel and feed, and the use of insecticides as a low-cost crop protection solution. The growth in the insecticide seed treatment market is driven by advanced farming technologies that ensure safe and reliable application of seed treatment formulas.
In terms of crops, the market is segregated into corn/maize, soybean, wheat, rice, canola, and cotton. The corn/maize segment is expected to grow at a robust pace during the forecast period. Maize seeds among the cereals and grains are mostly treated with chemicals due to increased attack of fungal diseases, insects, and nematodes on seedlings.
Based on geography, the market is categorized as Spain, the UK, France, Germany, Russia, Italy, and Rest of Europe. Germany is anticipated to dominate the market during the forecast period. The market growth in the country is attributed to the constant legislative drive to limit the use of agrochemicals and raise consumer awareness regarding the consequences of agrochemical residues in food.
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Key Players Covered in the Report
Syngenta International, Bayers Cropscience, Corteva Agriscience, BASF SE, and Adama Agricultural Solutions
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