Wednesday, 6 June 2018

Fluoropolymers Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2025

Fluoropolymers are polymers characterized by numerous strong carbon-fluorine bonds. Owing to the unique attributes such as mechanical, chemical resistant and electrical insulation, fluoropolymers are considered as highly durable protective coatings in various applications such as architectural coating preparations, particularly those required in the exteriors. Fluoropolymers have a high usage in industrial processing due to their oil and chemical resistant properties.
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Key factor driving the global consumption levels of fluoropolymers is rampant growth of the automotive end-use industry. Fluoropolymers have a prominent application in the auto industry activities such as production processes of fuel hoses, gaskets, O-rings, shaft seals, power steering systems, and transmission systems. All types of fluoropolymers used in automotive industry offer superior and desirable characteristics of high resistance to thermal wear, chemical exposure, friction, and mechanical wear and tear. Furthermore increasing demand for fluoropolymers is also observed in the manufacturing processes of electronics and medical devices. The various other applications of fluoropolymers in cookware, semiconductors, cables, and wires are also expected to fuel demand for fluoropolymers over the forecast period (2016–2024).
However, the market is expected to have few potential restraints such as environmental concern regarding the usage of fluoropolymers, as it is nearly impermeable to natural degradation due to its attributes. Furthermore, numerous fluoropolymers break down into chemicals that can cause cancer.
Fluoropolymers Market: Market Taxonomy
By Product Type
The global market is segmented on the basis of product type as follows:
    • Polyvinylidene fluoride (PVDF)
    • Polytetrafluoroethylene (PTFE)
    • Fluorinated ethylene propylene (FEP)
    • Fluoroelastomers
By Application
The global market is segmented on the basis of application as follows:
    • Automotive & Transportation
    • Industrial Equipment
    • Electrical & Electronics
    • Chemical Processing
    • Additives
    • Coatings & Liners
    • Films
    • Others
By End User
The global market is segmented on the basis of end users as follows:
    • Healthcare
    • Industrial Processing
    • Automotive & Aerospace
    • Transportation Equipment
    • Construction
    • Medical
    • Textiles
    • Cookware
    • Lubricants
    • Plastics & Elastomers
    • Electrical & Electronics
    • Others
Fluoropolymers Market Outlook- Asia Pacific is expected to highlight potential market opportunity for the key players
In Europe, Germany holds a dominating position in the fluoropolymers market attributed to its rapid economic advancement along with significant demand from across industries, particularly automobiles. The U.K. was the second largest market for fluoropolymers in Europe.
North America fluoropolymers market is expected to witness moderate growth over the forecast period. This is mainly attributed to growing demand for fluoropolymers in various flourishing industries such as electrical & electronics and automobile in the region. U.S. holds a leading position in the North America market, followed by Canada and Mexico, respectively. Rapid industrial growth in Mexico in turn creates a highly conducive environment for growth of the regional market for fluoropolymers in the near future.
Asia Pacific held the largest share of the global fluoropolymers market in 2016. Owing to the high growth in GDP along with the significant increase in manufacturing activities, the market in APAC has witness a prominent growth in the recent past and the trend is expected to continue in the foreseeable future. Increasing demand from the electrical and electronics and healthcare industries is expected to further drive demand for fluoropolymers in the region. Moreover, the significant adoption of specialty grades of fluoropolymers in the healthcare industry for manufacturing of medical devices is expected to generate high revenue for the market.
Prominent players operating in the global fluoropolymers market include E.I. Dupont DE Nemours & Company, Gujarat Fluorochemicals Ltd. (GFL), Honeywell International Inc., Daikin Industries Limited, Solvay SA, 3M Company, Asahi Glass Co. Ltd., Kureha Corporation, Saint-Gobain Arkema SA, Dongyue Group Ltd, Halopolymer Ojsc, and others.
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Tuesday, 5 June 2018

Automotive Interior Materials Market Future Demand and Growth 2018-2025

Automotive interiors, including seats, door panels, cockpit modules, steering wheels, and dashboards offer comfort to the vehicle drivers and also enhance the aesthetic appeal of the vehicle. Automotive interiors of superior quality minimize engine vibrations and act as effective cabin insulators, thereby enhancing the consumer’s riding experience. Attributed to the growing consumer preference for premium automotive interior materials and the desire to enhance the aesthetic appeal of the interiors, the global automotive interior material market is expected to witness a significant growth during the forecast period.
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Growth of the automotive interior materials market is mainly driven by rapidly growing automotive industry and rising inclination of consumers towards aesthetic features of the automotive interiors and also improving driving experience. OEMs offer high customization to satiate the specific demands of consumers, in order to capitalize upon high consumer purchasing power.  Consumers are increasingly inclined towards vehicles with features that were until now reserved for premium vehicles. These include premium seat covers, leather covered dashboards, and luxury carpeting, among others. This creates a highly conducive environment for growth of the market.  Furthermore, increasing demand for lightweight vehicles due to its low carbon emission quality, is also driving the manufacturers to focus on smart textiles appropriate for the vehicles thereby, boosting the demand for automotive interior materials. In 2015, global vehicle production was pegged at over 90 million, which increased to around 95 million in 2016. This creates a highly conducive environment for growth of the automotive interior materials market.
Growing awareness about waste disposal in the process of leather manufacturing required for the automotive interiors along with high prices of leather material are expected to restrain the growth of the market. Leather manufacturing is affected by a number of factors such as the use of chemicals such as formaldehyde, coal-tar derivatives, cyanide based materials and others that result in toxicity of the environment, usage of animal by-products thereby pressurizing the animal population, manufacturers who use premium leather to manufacture automotive interiors. A number of U.S. cities have passed on procurement policies on phasing out the purchase of PVC which is considered to a toxic material that can contaminate the environment. Hence the use of PVC in automotive interior materials is decreasing thereby hampering the growth of the market.
Automotive Interior Materials: Market Taxonomy
By Material Type
The global market can be segmented on the basis of type of material used which includes:
    • Synthetic leather
    • Pure leather
    • Fabrics
    • Thermoplastic polymers
By Vehicle Type
On the basis of vehicle type, the global market can be segmented into:
    • Passenger vehicles
    • Light commercial vehicles
    • Heavy commercial vehicles
By Interior Type
Based on the interior type, the global market can be segmented into:
    • Seat belts
    • Steering wheel belts
    • Seat covers
    • Upholstery
    • Interior roofing
    • Cockpit
    • Others
Global Automotive Interior Materials Market Outlook: Burgeoning growth of Automotive Sector in Asia Pacific to Fuel Market Growth
Geographically, the global automotive interior materials market is segmented into North America, Europe, Asia Pacific, Middle East and Africa. Booming automotive industry along with rising middle class population with high spending power creates highly lucrative opportunities for players in the automotive interior materials industry. In Asia-Pacific region, government initiatives in terms of subsidies and tax concessions across various countries are attracting the automotive OEMs to build their manufacturing plants in the region. For instance, in July 2016, the South Korean Ministry of Trade, Industry and Energy announced plans to make electric car batteries run longer, build a network of charging stations and make electric car purchases and ownership more affordable. The government expects that the current and future policy programs will help increase the electric car market share in South Korea to 0.5% in 2017, up from 0.2% in 2015, and to achieve 5.3% in 2020. Also, In April 2014, the Indian government announced a new plan to provide subsidies for hybrid and electric vehicles. The plan will have subsidies up to US$ 2,314 for cars and US$ 463 on two wheelers. This in turn positions Asia Pacific as a high growth market for automotive interior materials.
Global automotive interior materials market is extremely competitive and consolidated with the presence of large players accounting for major share. Key players in the market include Sage Automotive Interiors Inc., BASF S.E., Katzkin Leather Interiors Inc., Eagle Ottawa, Borgers A.G., International Textile Group Inc., Faurecia S.A, Johnson Controls Inc., Lear Corporation, Dow Chemical Company, DK Leather Corporation Berhad, and E.I.DU Pont De Nemours.
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E-Coat Market Outlook, and Opportunity Analysis, 2018–2025

Electrocoating or E-coating is a process in which a metal is submerged in a water-based solution containing a paint emulsion, following which an electric voltage is applied to the metal enabling the paint emulsion to abridge on top of the part. The metal part can be painted both inside and out, wherever the liquid is able to reach a metal surface. As areas of high voltage build a coating, they take the form of insulators, thus allowing the lower voltage areas to build up. The interior of the metal part is then coated as the exterior part is completely insulated by the coating. Following the painting of the tank, a rinse tank eradicates the residual emulsion from the metal part and recycles it back to the paint tank by the process of ultrafiltration. Additionally, the E-Coat is cured by heating process while the curing time and temperature is finalized by the epoxy, acrylic, etc.
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The primary advantage of the E-coating is the ease of recuperating the E-coat that gets carried by the parts to the rinse tank of E-Coating. The E-coat rinse is regularly filtered through an ultrafiltration unit which splits the E-coat emulsion from the carrier solution and then sends it to the E-coat tank.
E-Coat Market Taxonomy
On the basis of product type, the global E-Coat market is classified into:
    • Cathodic
      • Cathodic Acrylic
      • Cathodic Epoxy
    • Anodic
      • Anodic Acrylic
      • Anodic Epoxy
On the basis of application, the global E-Coat market is classified into:
    • Passenger Cars
    • Commercial Vehicles
    • Automotive Parts & Accessories
    • Heavy-Duty Equipment
      • Agricultural Equipment
      • Construction Equipment
      • Military & Aerospace Equipment
    • Appliances
    • Others
Rising application in the automotive industry to fuel growth of E-coat market
With constantly evolving automotive industry, the demand for various aesthetic properties in the vehicles has been witnessing a subsequent increase. Cathodic acrylic e-coating is increasingly used across various vehicle segments of the automotive industry to provide resistance from corrosion and various other benefits. Cathodic acrylic e-coating provides higher salt spray, humidity resistance along with the cyclic corrosion resistance. Additionally, it also aids in the development of vehicles where light colors are required. Cathodic acrylic e-coat is available in a wide range of glosses and colors to escalate exterior durability and retention of gloss and color.
E-Coat Market Outlook – Superior performance and better properties coupled with increasing technological developments is propelling growth of the market
Growth in housing and construction sector along with rising trends of remodeling in various North American and Western European countries act as the main market drivers of e-coat market. Consequently, recuperation of the construction of housing units also back the amplifying demand for e-coat in the residential buildings, commercial apartments and educational institutions that further augments the demand for architectural along with the decorative coatings. Additionally, growing demand for various household appliances such as washers, dryers and refrigerators on the back of urbanization and rising dispensable income serve as the ancillary drivers of the e-coat market.
Geographically, Asia-Pacific and North America are the key regions in the E-Coat market. Growing demand from the automotive industry and rapid infrastructural development coupled with increasing technological developments is the key revenue contributor in these regions. Further, worldwide development in automobile production coupled with the rising trend of dual tone colors in vehicles is supporting growth of the market. Leading companies in the global e-coat market include PPG Industries, Inc., Akzo Nobel N.V, NIPSEA Group, BASF SE, Axalta Coating Systems, Chugoku Marine Paints Ltd, The Valspar Corporation, and The Sherwin-Williams Company.
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Monday, 4 June 2018

Industry Insights of Furfural Market Outlook 2018-2025

Furfural is an organic compound derived from plant materials such as corncobs, oat, wheat bran, rice husk, bagasse, and saw dust. It is usually produced from agricultural wastes rich in pentosans that are hydroysed to produce furfural and its byproducts. Furfural is a colorless oil that readily dissolves in various organic solvents and is slightly soluble in water. It exhibits chemically similar properties as that of other aldehydes and aromatic compounds. It can be readily hydrogenated to tetrahydrofurans derivatives, which when are heated with acids results into solidified polymer or thermosetting polymer. Hence, it is commercially considered as a renewable, non-petroleum based chemical feedstock. Due to these properties, it is widely used in application industries such as petroleum, agriculture, paints & coatings, and pharmaceuticals. Increasing environmental concerns of fossil resources has led to rise in production of renewable alternatives as suitable biomass-based platform chemicals. The U.S. Department of Energy has also selected furfural as one of the top 30 platform chemicals derived from biomass. Furfural production was pioneered in 1921 by the Quaker Oats Company using oat hulls, corncobs, and bagasse. In 2014, around 300 to 700 kilotons of furfural was produced worldwide, of which China contributed a major share. Significant improvements in the production methods of furfural and its increasing incorporation in a wide range of applications have resulted into furfural emerging as a widely used biomass-based chemical.
Global Furfural Taxonomy
The global furfural market is classified on the basis of the following segments:
    By application
    • Furfural alcohol
    • Solvents
    • Others
    By raw materials
    • Corn cob
    • Rice husk
    • Bagasse
    • Others
    By end-use industry
    • Petroleum
    • Agriculture
    • Paints & coatings
    • Pharmaceutical
    • Others
Prevalent Scenario in Furfural Market
Increasing inclination of the populace towards renewable energy to replace fossil resources is a major factor driving growth of the furfural market. Due to its key attributes of thermosetting properties, physical strength, and corrosion resistance, furfural has emerged as an immediate alternative to furan-based chemicals. Also, it is derived from abundantly available biomass, which makes it a highly preferred biomass-based chemical. Furfural is mainly used to produce furfuryl alcohol, which is widely used in manufacturing polymers, textiles, and construction materials. The raw materials for furfural production are the agricultural wastes which are widely available in the Asia-Pacific region, especially in China, India, Indonesia, and Malaysia. The abundant availability of raw materials and low cost labor available in these countries is another factor driving the furfural market in Asia Pacific. Hence, it is also widely used in production of agricultural formulations such as herbicides, pesticides, fungicides, and other synthetic chemical compounds. The rising trend of incorporation of natural or bio-based chemicals into pharmaceutical industry has led the manufacturers to invest in technologies to broaden the furfural application into pharmaceutical and cosmetic products. However, inefficient technology resulting in low yields and complex production process of furfural restrains the growth of the market. However, increasing government initiatives for use of bio-chemicals into different applications create opportunities for the furfural manufacturers to invest into research and development of the furfural products and their applications. For instance, the government of Alberta has taken initiatives to link the consumer facing brands with biochemicals and conventional petrochemical industries, which has resulted in increase in investments in the biochemical sector in Alberta. Various research studies are being conducted for low costs production of furfural, though they are not commercially operational processes. Moreover, changing prices of raw materials pose threat to the growth of the market. Asia-Pacific region dominates the furfural market due to abundantly availability of raw materials and rapidly growing infrastructure industry. Europe records for fastest growth rate due to increasing incorporation of bio-based chemicals in petroleum refineries and pharmaceutical industries in the region.
Fragmented Market
The global furfural market is highly fragmented due to the presence of many established and local players across the world. Major players involved in the market include Hongye Holding Group Corporation Ltd., Arcoy Biorefinery Pvt. Ltd., Corporation, Ltd., Central Romana, KRBL Ltd., Illovo Sugar Ltd., Lenzing AG, Penn A Kem LLC, Tanin Sevnica d.d., Linzi Organic Chemicals Inc. Ltd., Tieling North Furfural (Group) Co., Ltd., Silvateam S.p.A., and Xingtai Chunlei Furfuryl Alcohol Co., Ltd.
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Polyacrylamide Market- Outlook, and Opportunity Analysis, Forecast 2018–2025

Polyacrylamide is made up of acrylamide monomer and is water-soluble. It increases the viscosity of water and facilitates the flocculation of particles present in water.
Polyacrylamide is used for water treatment and sludge dewatering of municipal wastewater, industrial wastewater, potable water treatment, air flotation, and primary settling. The wide use of polyacrylamide in wastewater treatment has fueled growth of polyacrylamide market globally. Polyacrylamide supports are usually gelatinous in appearance and soft in nature. They also exhibit low nonspecific binding character toward biomolecules, buffer stability, good pH and owing to totally synthetic nature, are resistant to microbial growth
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Anionic polyacrylamide appear as white powder and have a molecular weight ranging from 6 to 25 million water soluble. This enables it to be dissolved in water in any proportion and insoluble in organic solvents. Characteristics include effective PH range of 7-14, high-polymer electrolyte, and electrolyte salt sensitive. Polyacrylamide gel electrophoresis is suitable for separation of molecules by size and can be applied in different systems subject to the sample and downstream applications. Polyacrylamide gels thinner than agarose gels are poured between glass plates. This facilitates resolving power albeit, allowing the investigator with the separation of nucleic acid molecules above a much larger size range.
In mineral processing, polyacrylamide is used for settlement/clarification of fine coal slurry in the thickening vessels, enhancement of solid-liquid separation coal with the help of filtration/centrifugation, settlement/clarification of the waste slurry and enhancement of solid-liquid separation of the tailings. In the paper and pulp industry, polyacrylamide is used as retention agent, dry strength agents and for filter aid. This has resulted in improved paper quality, enhanced physical strength of paper and reduced fiber loss. Drilling fluid additives, waste mud dewatering, enhanced oil recovery, oily water clarification, scale inhibition and as a drag reduced agent
Polyacrylamide Market Outlook – Rapid growth of Water treatment Market to Augment Demand for Polyacrylamide
Excellent flocculating and coagulating properties has rapidly increased consumption of polyacrylamide in wastewater treatment. Asia Pacific is expected to be the most potential market for polyacrylamide manufacturers. This is attributed to booming mining industry in emerging economies such as India and China. According to IBEF, in 2015, India produced 91.46 million tons (MT) of finished steel and is the third-largest steel producer in the world. Rapidly increasing urbanization and allied sectors have caused a surge in mining activities and boosted the growth of polyacrylamide market. India Brand Equity Foundation (IBEF) is a Trust founded by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the aim of promoting and creating international awareness of goods manufactured in India.
Fluctuating prices of raw material such as acrylonitrile is expected to be one of the restraining factors for growth of synthetic rope market over the forecast period. Mergers and expansions is one of the key strategies adopted by the top players in the polyacrylamide market to maintain their position. In April 2016, BASF SE set up a new bio-acrylamide manufacturing facility in Bradford. This will complement the company’s product portfolio of polyacrylamide with improved supply reliability and operational efficiency. Some of the major companies operating in the global polyacrylamide market are Shandong Shuiheng Chemical Co., Ltd., The Dow Chemical Company, Kemira, Ashland Inc., BASF SE, Beijing Heng- Chemical Group Co., Ltd., Shandong Zibo East Polymer Co., Ltd., Group, and Xitao Polymer Co., Ltd.
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Geotextile Market Best Productivity Supply Chain Relationship, Development by 2025

Geotextiles are geosynthetic materials that have over 80 applications and are widely used since over the last decade. They offer excellent characteristic of resistance to biodegradation, and hence are the material of choice across various sectors. Geotextiles are synthetic fibers that can be made into a flexible, porous, nonwoven needlefelt fabric. They are porous to water flow to a varying degree. Geotextiles are used in filter mechanisms for earth dams, behind retaining walls, in roads and highways, in reservoirs, deep drainage trenches, and have various agricultural applications.
Geotextiles are also used for drainages as permeable separating agents that allow water to pass into the drainage and for prevention of clogging of the drainage system by soil particles and other particles in water.
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Geotextiles are used for construction of roads, harbor works, drain, land reclamation and breakwaters, and numerous other civil engineering applications.  Heavy geotextiles find application in reinforcement of earth structures with the help of fill materials. This is owing to characteristics such as and high tensile strength and high soil fabric friction coefficient. Nonwoven geotextiles are used in rivers canals and coastal networks for providing hydrostatic uplift after the formation of clay slit.
Geotextiles Coating Market Taxonomy
On the basis of material, the global geotextiles market is segmented into:
    • Polyethylene
    • Polypropylene
    • Polyester
On the basis of product type, the global geotextiles market is classified into:
    • Woven
    • Nonwoven
    • Knitted
On the basis of end-use industry, the global geotextile market is segmented into:
    • Erosion Control
    • Roads and Infrastructure
    • Pavement repair
    • Agriculture
In erosion control, geotextiles are an ideal protection from erosion of earth embankments by currents, repeated drawdown, and wave action. A layer of geotextiles is placed to prevent leaching of fine material and easily be placed below water. They can be used for rock beaching or as mattress structures. In agricultural fields, nonwoven geotextiles are used for the enhancement of muddy paths and trails used by cattle. Woven polyester geotextile is used in supporting reinforced soil structures, bridge foundations, road and rail embankments, and landfills owing to characteristics such as high tenacity, high tensile strength, high resistance against soil environments and excellent resistance to creeping.
Geotextiles Market Outlook – Need for Durable Materials Expected to Boost the Demand
Development of roads and infrastructure is one of the major factors contributing to the growth of geotextiles market. Asia Pacific is one of the major contributors in the global geotextiles market globally. Rapidly flourishing urbanization has led to the increase in the requirement of new roads and modern infrastructure. According to IBEF, India has the second-largest road network in the world and is expected to reach total revenue of US$ 6.9 billion by the end of 2017. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India. This mainly attributed to various government initiatives such as Pradhan Mantri Gram Sadak Yojana (PMGSY), during which 133-km roads per day was constructed in 2016-17 and others.
High initial price is expected to be one of the restraining factors for the growth of geotextile market over the forecast period. Fibertex Nonwovens, a leading manufacturer of nonwoven textiles in Europe, acquired the nonwoven business of Ribatek, a Turkish non-woven fabric manufacturer. This has aided an increased production capacity to the non-woven fabric products and will help the company to increase the reach in Turkish market. Some of the major companies operating in the global geotextiles market are GSE Holdings Inc., The Dow Chemical Company, Royal Ten Cate Corporate EMEA, Fibertex Nonwovens A/S, Low & Bonar PLC., Huesker Synthetic GmbH, Tenax, CTM GEO Synthetics, Leggett & Platt Incorporated and Kaytech Engineered Fabrics.
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Friday, 1 June 2018

Seed Treatment Market Trends and Competitive Analysis 2025

The application of pesticides on seeds for controlling disease caused by organisms and insects is known as seed treatment. Seed treatment plays an important role in improving the health of the crops. The low-cost crop protection and less environmental impact of seed treatment are the factors expected to drive growth of the market. The crop seeds are often exposed to adverse environmental conditions during seedling development. This treatment reduces the environmental impact of the manufacturing process by reducing the spray applications of crop protection products and decreasing exposure to non-target species including pollinators and humans. According to American Seed Trade Association (ASTA), the exposure of potential soil surface to pesticides is reduced by around 90% or more as compared to other application methods such as broadcast sprays or in-furrow applications.
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However, despite seed treatment being a cost-effective crop protection technique, it is not efficient if presence of pest is high. Hence, the low shelf life of the treated seeds and limited protection are the factors hindering the market growth.
Seed treatment is segmented on the basis of crop type in cereals & grains, sugar beets, alfalfa, oil seeds, sugarcane, and vegetables. Cereals & grains segment is expected to account for the highest revenue share over the forecast period, due to its increasing consumption by global population. According to the United States Food and Agriculture Organization, the global cereal consumption was 38 million tonnes in 2016 and was increased by 1.5% in 2017. Furthermore, seed treatment is segmented on the basis of applications such as insecticides, fungicides, herbicides, fertilizers, and bio-control. Herbicides accounted for the largest revenue share in 2016, owing to its easy application and low cost. According to Federation of Indian Chambers of Commerce & Industry, herbicides accounted for 16% of the total crop protection chemicals market in 2015.
Latin America is a dominant region in the global seed treatment market and was valued at US$ 6,199.6 Mn in 2016. Brazil is a global soybean producer and around 98% of soybean seeds in Brazil are treated with fungicides and insecticides. This factor is considered as a major driver for the growth of seed treatment market in this region.
Europe is expected to show a significant growth in global seed treatment market. France and Germany have immensely contributed to the growth of seed treatment market in this region. The stringent government regulations in the European economies have allowed these regions to focus on bio-control agents for seed treatment, which drives the growth overall seed treatment market For instance, in January 2017, Albaugh, LLC, launched a BIOST- biological seed treatment platform, which includes a wide range of portfolio that consists of effective and proven biological seed treatments. This biological seed treatments have been tested to improve and enhance the performance of seeds.
According to European Commission, Regulation No. 540/2011 amending Regulation (EU) No. 485/2013, the use as soil treatment and seed treatment of plant protection products containing active substances such as thiamethoxam, imidacloprid, and clothianidin are prohibited for the cereals and crops attractive to bees, except uses for winter cereals and in greenhouses.
The seed treatment market was valued at US$ 19,276.9 million in 2016 and is expected to expand at a CAGR of 7.81%, in terms of revenue over the forecast period (2017 – 2025).
North America held revenue share of 15.05% in the global seed treatment market in 2016. The active ingredients used in seed treatments are regulated by the U.S. Environmental Protection Agency (EPA) under the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA).
Several market players have undertaken initiatives such as merger & acquisition and new product launch to meet increasing demand from consumers and enhance their business in the seed treatment market. For instance, in May 2017, Syngenta AG announced to launch its fungicidal seed treatment, Plenaris in Argentina by 2018 for the control of downy mildew in sunflower.
Major Players in Global Seed Treatment Market:
Some of the key players operating in the global seed treatment market include Syngenta AG, Bayer AG, Nufarm Limited, BASF S.E., Monsanto Company, DowDuPont Inc., Sumitomo Chemical Company, Limited, Albaugh, LLC, FMC Corporation, and Lanxess AG.
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