Research and Markets: Mexico Chemical Seed Treatment Market 2015-2020 – Growth, Trends And Forecasts for the $100+ Million Market
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/zf729w/mexico_chemical) has announced the addition of the “Mexico Chemical Seed Treatment Market – Growth, Trends And Forecasts (2014-2020)” report to their offering.
The Mexican market for chemical seed treatment, estimated to be US$115.2 million in 2014, is further forecast to maintain a robust CAGR of 8.4% between 2013 and 2020.
By segment, while insecticides are estimated to account for the largest share of 53.6% in 2013, demand for fungicides is poised to post the fastest 2014-2020 CAGR of 9.2%.
For the marketing year (MY) 2014-15 corn production is forecast at 22.5 million metric tons (MMT). Despite lower prices, Mexican growers are expected to continue to plant more corn due to the lack of attractive prices from alternative crops. The MY 2014-15 wheat production forecast is 3.9 million metric tons (MMT), 15% higher than last year’s estimate, mainly due to expanded planted area. Rice production is expected to hold mostly steady at about 194,000 metric tons (rough production). Production estimates for sorghum and dry beans are both forecast to decline in MY 2014-15 to 7 MMT and 1.1 MMT respectively.
The MY 2013-14 total Mexican oilseed production is forecast to increase to 402,000 metric tons (MT) based on assumed normal weather conditions and an expansion in harvested area that is being stimulated by a governmental domestic support program.
Syngenta, Bayer CropScience and BASF are the top three players in the global seed treatment market, with all of them having an extensive portfolio of agricultural products and solutions. While BioWorks Inc, Advanced Biological Marketing Inc and Valent USA Corp are comparatively smaller players, they offer the potential of becoming big game changers in the area of seed treatment in future. Each company has adopted an individual approach in terms of strategy for future growth.
Key Topics Covered:
1. Global Market Overview
3. Market Drivers, Restraints and Opportunities
4. Mexican Market Analysis
5. Market Share Analysis
6. Company Profiles
- Adama Agricultural Solutions Ltd
- Advanced Biological Marketing Inc
- BASF SE
- Bayer CropScience AG
- BioWorks Inc
- BrettYoung Limited
- Chemtura AgroSolutions
- Germains Seed Technology
- INCOTEC Group BV
- INTX Microbials LLC
- Monsanto Company
- Novozymes A/S
- Nufarm Ltd
- Plant Health Care
- Precision Laboratories LLC
- Syngenta International AG
- Valent USA Corporation
- Wolf Trax Inc
For more information visit http://www.researchandmarkets.com/research/zf729w/mexico_chemical
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