Seed coating materials are compounds effective in protecting seed and young seedlings from attack by disease and insects. They may also supply nutrition for young seedling growth.
Market Analysis and Insights: Global Seed Coating Materials Market
Due to the COVID-19 pandemic, the global Seed Coating Materials market size is estimated to be worth US$ 1493.1 million in 2022 and is forecast to a readjusted size of US$ 2023.8 million by 2028 with a CAGR of 5.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Polymers accounting for % of the Seed Coating Materials global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Cereals & Grains segment is altered to an % CAGR throughout this forecast period.
North America accounted for the largest market share for seed coating materials, followed by Europe and Asia-Pacific. The U.S. and Canada constituted the largest country markets in the North American region in 2017. Increasing awareness about the benefits of seed coating materials among farmers is leading to the growth in this region. The usage of seed coating materials can be treated as a risk-hedging technique and can be considered as a safe investment which has led to increased sales of coated seeds in the North American market. The seed coating materials market in the Asia-Pacific region is projected to grow with investments from several multinational manufacturers, especially in countries such as China, India, and Japan.
Global Seed Coating Materials Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Seed Coating Materials Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polymers
Colorants
Pellets
Minerals/Pumice
Others
Segment by Application
Cereals & Grains
Fruits & Vegetables
Flowers & Ornamentals
Oilseeds & Pulses
Others
By Company
Bayer
Syngenta
Basf
Cargill
Rotam
Germains Seed Technology
Croda International
BrettYoung
Clariant International
Precision Laboratories
Chromatech Incorporated
Sumitomo Chemical
SATEC
Volkschem Crop Science
Beinong Haili
Henan Zhongzhou
Sichuan Redseed
Liaoning Zhuangmiao-Tech
Jilin Bada Pesticide
Anwei Fengle Agrochem
Tianjin Lirun Beifang
Green Agrosino
Shandong Huayang
Chongqing Zhongyiji
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina