Seed Coating Materials Market worth USD 4.01 Bn. by 2029: Growth, Size, Share, Trends, Forecast, Supply Demand to 2029
Pune, 5, Dec 2022: According to Maximize Market Research, the Seed Coating Materials market is expected to reach USD 4.01 billion by 2029, growing at a CAGR of 8.67%. The market price report’s recovery-based survey includes critical information on growth strategy, market dynamics, innovations, business opportunities, and the competitive environment for 2021.
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Seed Coating Materials Market Scope and Research Methodology
The primary and secondary data sources are extensively used in the research report. Government policy, market environment, competitive landscape, historical data, current market trends, technological innovation, upcoming technologies, and the technical progress in related industries are all investigated during the research process, as are market risks, opportunities, market barriers, and challenges. All conceivable factors influencing the markets included in this research study were considered, thoroughly examined, validated through primary research, and evaluated in order to provide the final quantitative and qualitative data. Market size is normalized for top-level markets and sub-segments, and the impact of inflation, economic downturns, regulatory and policy changes, and other variables is factored into the market forecast. The report includes this information, as well as detailed inputs and analysis.
Bottom-up approaches were used to estimate market size and analyze global market trends. Data was collected from a large sample using both primary and secondary research methods to obtain accurate inferences. The primary methods employed were surveys, questionnaire distribution, and phone interviews with industry experts, market leaders, entrepreneurs, and marketing professionals. To ensure the accuracy of the conclusions, secondary data was meticulously gathered from a carefully selected set of sources. In addition to white papers and annual reports, there are paid databases, industry journals, white papers, annual reports, product manufacturer and supplier releases, official databases of numerous organizations, and government websites. PESTLE analysis was used to understand various market factors, whereas SWOT analysis was used to understand major corporations’ strengths and weaknesses. As a result, the report covers the Seed Coating Materials Market in great depth.
Seed Coating Materials Market Overview
Seed technologies such as seed treatment and seed coating have grown in tandem with agricultural technological advancements such as the use of farm machinery and commercial seeds in crop cultivation. Farmers began chemically treating high-value planting seeds and using coating materials to plan crop planting activities in the field to protect high-value planting seeds. To produce high-quality yields in a short period of time, seeds must be resistant to extreme environmental conditions. Farmers all over the world use a variety of crop protection technology and crop growth-promoting practices to meet the world’s growing food demand.
Seed Coating Materials Market Dynamics
Global per capita land and cropland area have decreased over time, resulting in a significant demand-supply disparity. Crop yields must be increased to close the gap in agricultural product demand and supply. Farmers face numerous challenges, including seed diseases and changing weather patterns, which reduce agricultural productivity. As a result, as seed coatings such as pesticides, fertilisers, plant growth regulators, and other chemicals improve seed quality and germination, demand for seed coatings rises. The industry is being propelled by the growing trend of hybrid variety introduction, the integration of modern farming techniques into traditional communities, and other factors. Some emerging countries promote sustainable farming in addition to encouraging new farming techniques.
The development of suitable and consistent applications of specific and innovative materials on seeds is critical to the market’s success. The use of active chemicals as seed coating enables more precise application, reducing the need to spray products over entire fields. The global seed coating materials market is being driven by the adoption of novel seed technologies, innovative farming techniques, and the need for low-risk investments in the farming industry. Scientists are working to create a variety of novel coating materials that can protect seeds from a variety of hazards such as pests and cold soil temperatures. These compounds will be applied to seedlings in a gentle and precise manner thanks to a new generation of seed coating technology.
Seed Coating Materials Market Regional Insights
The seed coating materials market in the United States is expected to grow at a 7.8% CAGR during the forecast period. North America has the largest market for seed coatings due to favorable policies such as mandatory coloration of treated seeds and increased yield demand. Growing farm size and crop rotation, as well as increased knowledge of bio-based seed coating products, are driving the country’s demand for seed coating materials. While most material coatings contain chemicals such as copper compounds and antibiotics, the importance of biologically-based coatings is growing. Biological coatings are becoming more selective in terms of soil microbiome preservation, and they are consistent with organic processes.
Seed Coating Materials Market Segmentation
By Form
- Liquid
- Solid
By Additive
- Polymers
- Colorants
- Pellets
- Binders
- Minerals/pumice
- Active ingredients
- Other additives
By Process
- Film coating
- Encrusting
- Pelleting
By Active Ingredient
- Protectants
- Phytoactive promoters
- Other active ingredients
By Crop Type
- Cereals and grains
- Vegetables
- Oilseeds & pulses
- Flowers & ornamentals
- Other crop types
Seed Coating Materials Market Key Competitors:
- CR Minerals Company, LLC (US)
- Smith Seed Service (US)
- Organic Dyes and Pigments (US)
- Universal Coating Systems (US)
- Keystone Aniline Corporation (US)
- Chromatech Incorporated (US)
- Fmc Corporation (US)
- Sensient Techonolgies (US)
- Milliken Chemicals (US)
- Precision Laboratories, LLC (US)
- Germain Seed Technology Inc.(UK)
- Croda International plc (UK)
- Michelman, Inc (India)
- Cistronics Technovations Pvt LTD (India)
- DSM-Amulix (Netherlands)
- Bayer AG – Crop Science Division (Germany)
- BASF SE (Germany)
- Globachem (Belgium)
- Solvay S.A. (Belgium)
- Prebbles Turf World (New Zealand)
- Centor Oceania (Australia)
- Clariant AG (Switzerland)
- Brettyoung Seeds Limited (Canada)
Key questions answered in the Seed Coating Materials Market are:
- What is Seed Coating Materials?
- What is the growth rate of the Seed Coating Materials Market Over the forecast period?
- What is the nature of competition in the Seed Coating Materials industry in developed economies and developing economies?
- Who are the key players in the Seed Coating Materials Market?
- Who are the market leaders in Seed Coating Materials in Europe?
- Who are the market leaders in Seed Coating Materials in USA and Canada?
- Who are the market leaders in Seed Coating Materials in India, China, Japan, and South Korea?
- What are the factors affecting growth in the Seed Coating Materials Market?
- Who held the largest market share in the Seed Coating Materials Market?
- What are the factors for the growth of the Asia-Pacific region in the Seed Coating Materials Market?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Form, Additive, Process, Active Ingredient, Crop Type, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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