Website design By BotEap.comWith various advances in the world of seed technology, it is inevitable to talk about seed dyes. This market is expected to witness unprecedented vertical growth during the forecast period of 2017-2022. Supportive regulatory structures in the field of seed treatments and therefore seed treatment dyes are also likely to facilitate growth in this segment. Companies operating in this segment are increasing their product portfolio to better meet consumer demands. Realizing the likely growth in the market for seed coating dyes in 2012, BASF acquired Becker Underwood. This acquisition helped BASF to exploit various seed treatment opportunities. In recent years, Incotec has been the most active player in the seed dye market.

Website design By BotEap.comRegulation for the market

Website design By BotEap.comThe Environmental Protection Agency (EPA) mandates under 40 CFR §153.155 that pesticide products intended for use in seed treatment must contain an EPA-approved colorant to impart an unnatural color to seed, unless appropriate tolerances or other clearances have been established under the Federal Food, Drug, and Cosmetic Act for pesticide residues. EPA-approved colorants are listed as inert ingredients in 40 CFR §180.910-§180.960. The market intended for commercial use must therefore comply with the US Environmental Protection Agency (EPA) and the Registration, Evaluation, Authorization and Restriction of European Chemicals (REACH) regulations for inert ingredients.

Website design By BotEap.comSeed dye – Market dynamics

Website design By BotEap.comConsidering the increasing importance of the use of seed dyes in agriculture, the market has great potential for the future. Support for the immense market growth is driven by factors such as the supportive regulatory structure, growing market demand for seed treatment, brand differentiation, and high adoption of hybrid seeds and GM seeds. While the seed dye market has high growth potential, the high costs associated with colored or treated seeds are inhibiting market growth. The rapid advances in seed coating technologies and increasing opportunities in the use of seed dyes in grains and cereals are expected to cater to the future growth opportunities of the seed coating dyes market.

Website design By BotEap.comWill seed dyes be the future of seed treatment?

Website design By BotEap.comAccording to a market research firm, global market revenue was valued at $206.20 million in 2016 and is forecast to reach $484.01 million by 2022, with a CAGR of 15.44% during the forecast period. . The figures clearly show the rapid growth that is likely to be seen in the global market.

Website design By BotEap.comAccording to the analysis, North America and Europe occupy a majority share of the global seed dye market. Emerging economies such as Brazil, China and India are also expected to experience rapid growth, driven by demand for increased agricultural production.

Website design By BotEap.comCompetitor analysis

Website design By BotEap.comMergers and acquisitions of various seed and chemical companies like Bayer, Milliken Chemicals, etc. with a number of seed improvement and inoculant technology companies, they are likely to bring even more dynamism to the market. The measure helps them achieve their business objectives, in addition to generating value to society that is demonstrated in their strong effort in seed technology research.