Leading market players actively invest in research & development to innovate and expand their product portfolios. These investments aim to develop advanced seed treatment technologies that offer enhanced seed protection, improved crop performance, and sustainable farming solutions. Seed treatment industry participants strategically engage in various activities to strengthen their market presence and gain a competitive advantage. Key market developments include introducing novel seed treatment products that cater to the diverse needs of different crops and geographies.
In recent years, the seed treatment industry has witnessed advancements in seed coating techniques, seed enhancement technologies, and bio-based seed treatment solutions, aligning with sustainable agricultural practices and driving the adoption of environmentally friendly alternatives. Key players in the seed treatment industry are undertaking strategic collaborations and partnerships to access new markets and expand their distribution networks, thus increasing their market reach and customer base.
Major players in the seed treatment market, including BASF SE (Germany), Syngenta (Switzerland), FMC Corporation (US), Corteva Agriscience (US), Bayer AG (Germany), UPL Ltd (India), Novozymes A/S (Denmark), Solvay (Belgium), Eastman Chemicals Ltd (US), ADAMA Ltd (Israel), Croda International Plc (UK), Rizobacter (Argentina), Sumitomo Chemical (Japan), Bioworks Inc (US), are making substantial investments in R&D operations to drive innovation and meet the evolving needs of farmers and the agriculture sector.
Syngenta Seedcare, a division of Syngenta Group, is a leading agricultural solutions provider specializing in seed treatment technologies. The company was formed through a series of mergers & acquisitions, with Syngenta becoming a part of ChemChina in 2017 and subsequently merging with Sinochem in 2021 to create the Syngenta Group. Syngenta Seedcare offers a comprehensive portfolio of seed treatment products and solutions to enhance seed performance, protect against pests and diseases, and optimize crop yields.
Syngenta Seedcare introduced Victrato, a seed treatment solution targeting nematodes and important soil-borne fungal diseases while increasing the quality and production of crops, such as soybeans, corn, cereals, cotton, and rice, in May 2022.
BASF SE is a leading chemical company headquartered in Ludwigshafen, Germany. It was founded in 1865 and has become one of the world's largest chemical manufacturers. BASF operates in various segments, including chemicals, plastics, performance products, functional materials, agricultural solutions, and oil and gas. BASF offers various innovative products and technologies in the agricultural solutions segment under its Crop Protection and Seed Solutions divisions. With a presence in over 80 countries, BASF is committed to providing farmers with cutting-edge solutions to address the challenges of modern agriculture and contribute to food security and sustainable farming practices worldwide.
BASF introduced Flo Rite Pro 2805, a seed-coating polymer designed to improve the adherence and retention of active substances in seed treatment, in December 2021.