The Global Seed Coating Materials Market Size is estimated to expand rapidly in coming years, at a CAGR of 10.9% from 2018 to 2025. In 2016, the global market valuation was USD 1.70 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Seed coating is a method in which a variety of seeds are coated with chemicals and fertilizers, to improvement of protection and germination. Seed coating is crucial to meet speedy crop production demands to feed population, at reasonable prices. The seed coating materials market is expected to grow in the forecast period, due to increasing food demand among the continuously growing global population.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global seed coating materials market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global seed coating materials market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Market Dynamics

Seed coating materials market is projected to witness a noteworthy rise during the forecast period, owing to increasing need to protect seeds from pathogenic and fungal attacks, coupled with growing demand for high yielding crops. The rising awareness among farmers about the importance of seed treatment, which include seed coating materials, is a major driving factor for the growth of seed coating materials market. Other driving factors for the growth of seed coating materials market include arrival of advanced seed treatment technologies such as genetic modification and plant hybrid technology, along with rising demand for multi-functional products (pear, apple, hazelnut, etc), higher shelf like of coated seeds and growing population. However, governmental restrictions on the use of some chemicals (benzidine based dye) and temperature sensitivity of seed coating materials can restrain the growth of seed coating materials market over the projected period.

Coating Material Insight: Among seed coating materials, polymers segment is expected to hold a prime share, owing to their multi-tasking properties such as decreased abrasion and dust, increased flowability and greater resistance towards temperature. Increased demand of polymeric seed coatings, such as polyvinylacrylate and polyurethane, because of their high binding capacity and ease of pouring is expected to boost the polymers segment of seed coating materials market. The availability of a range of polymeric seed coating gels and superabsorbent polymer gels like Pusa hydrogel and YXSAP super absorbent polymer hydrogel is expected to contribute to the growth of this segment. Increasing focus towards the improvement of crop survival rates has led to the development of super absorbent polymer gels. According to National Center for Biotechnology Information (NCBI), super absorbent polymers can effectively increase the water storage capacity of soil and improves seed germination.

Application Insight: Application of seed coating materials for cereals & grains is expected to witness a steep rise over the forecast period, due to increase in global population. According to National Center for Biotechnology Information (NCBI), total world population is expected to reach 9 billion, by 2045. Cereal and grains are the crucial part of everybody’s meal, hence to escalate its production, better seed treatment methods are being adopted by farmers, which will in turn improve the seed coating materials market till 2025.

Regional Analysis

The global seed coating materials market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The global seed coating materials market is expected to be dominated by North America, owing to increasing adaptation of modern farming practices, coupled with government initiatives and programs of seed treatment. For instance, in 2014, National Organic Program (NOP), which is a part of USDA, collaborated with Organic Seed Alliance (OSA) and Association of Official Seed Certifying Agencies (AOSCA) (OSA and AOSCA are non-profit organizations), to better understand the seed treatment market and to help farmers in escalating crop production. The North America market is also expected to witness a continuous rise, due to increased demand of organic foods and healthy packaged food & beverages. According to the United States Department of Agriculture, organic commodity sales in U.S. reached to $7.6 billion in 2016, at an annual growth of 23%.

Global Seed Coating Materials Market Size, Share Analysis, By Region 2017

Europe and Asia regional markets are expected to grow enormously due to presence of key market players like Bayer AG and BASF SE, Mahindra Overseas, etc. Moreover, favorable governmental schemes such as ‘Pradhan Mantri Fasal Bima Yojana’ and ‘Paramparagat Krishi Vikash Yojana’ in major food producing countries like India are further expected to aid the market growth. The investments by chemical giants like BASF in China, which feeds 22% of the total world’s population, convinces for advancements in agriculture practices of the country, thereby attributing the growth of Asia Pacific seed coating materials market. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.    

Global Seed Coating Materials Market Study Objective

1. To forecast the market size of seed coating materials market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of seed coating materials market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of seed coating materials market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of seed coating materials market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the seed coating materials market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Major players operating in the seed coating material market include Clariant International, BASF SE, Bayer Cropscience AG, Croda International PLC, Mahendra Overseas, Chemtura Corporation, Platform Speciality Products Corporation, BrettYoung Seeds Limited, Chromatech Incorporated and Precision Laboratories LLC among others. In December 2015, Croda International PLC acquired Incotec Group BV., to provide its customers with a broader and more innovative portfolio of products along with increased global sales reach.

Global Seed Coating Materials Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.