The competitive edge of reduced residual over other crop protection products, drives the seed treatment market-2018
The crop protection products
applied by seed treatment reduces the soil surface exposure by 90% compared to
in furrow applications and 99% compared to surface application, which means
lower environmental concern of harmful chemicals. Moreover, Food and
Agriculture Organization (FAO) defined the Integrated Pest Management (IPM) in
2002 and stated that IPM is a careful consideration of all available pest
control techniques and subsequent integration of appropriate measures that
discourage the development of pest populations and keep pesticides and other
interventions to levels that are economically justified and reduce or minimize
risks to human health and the environment.
In its latest publication
Meticulous Research, states that global Seed Treatment Market will reach USD 4,566.1 million in 2022 with a CAGR of 8.7%
from 2017. One of the prime factors for this growth is the lesser risk of
residual in comparison with other products for crop protection.
The IPM emphasizes the growth of
a healthy crop with the least possible disruption to agro-ecosystems and
encourages natural pest control mechanisms. Seed treatments are used as a
primary tool in a successful Integrated Pest Management Program for sustainable
agriculture since they target the pests and diseases with smaller amounts of
active ingredients per hectare and are not introduced into the atmosphere. In
many cases, without the use of seed treatment, growers would have faced great
difficulty in controlling certain seed-borne and early season seedling pests
and diseases and would have to resort to more expensive and less
environment-friendly methods. Further, seed treatment active ingredients are
regulated by the U.S. Environmental Protection Agency (EPA) under the Federal
Insecticide, Fungicide, and Rodenticide Act (FIFRA). A rigorous, science-based,
risk-benefit assessment is conducted by the EPA during the registration and
development of these active ingredients. After evaluating data from more than
120 scientific tests and determining that the product poses no unreasonable
adverse effects on humans or the environment, EPA registers crop protection
chemicals for commercialization and to be used for seed treatments.
Furthermore, the seed treatment
helps to reduce the chemical residue in the food as it is not directly applied
to the crop and used at small quantity with various advanced techniques. In
addition, the product to register for seed treatment goes through various
assessment tests to check the risk and benefits of active ingredients.
Thus, the seed treatment ensures
the minimum residue level in the food which drives the demand of seed treatment
based products.
The key players operating in the
global seed treatment market are Bayer CropScience AG, BASF SE, Syngenta (Subsidiary
of ChemChina), FMC corporation, Monsanto Company (Part of Bayer), E.I. du Pont
de Nemours and Company, Nufarm Limited, The Dow Chemical Company, Sumitomo
Chemical Co., Ltd, Arysta LifeScience Corporation (Platform Specialty
Products), ADAMA Agricultural Solutions Ltd, UPL Limited, Croda International
Plc, and Tagros Chemicals India Ltd.
Download Sample Report: https://www.meticulousresearch.com/product/seed-treatment-market-2022/
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