According to Stratistics MRC, the Global Agricultural Coatings Market is accounted for $3.45 billion in 2020 and is expected to reach $7.55 billion by 2028 growing at a CAGR of 10.3% during the forecast period. Favorable government policies and regulations and an increase in the seed replacement rate are the major factors driving the market growth. However, the high costs involved in the agricultural coating process are hampering the market growth.
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By geography, North America is going to have high growth during the forecast period due to the increasing demand for disease-resistant and high-yielding crops from domestic markets. In North America, agriculture is developed with an integrated system of supporting agribusinesses.
Some of the key players profiled in the Agricultural Coatings Market include BASF SE, Aakash Chemicals, Arkema, Bayer AG, Clariant Technologies, Croda International Plc, Deltachem, Dorfketal , Germains Seed Technology , Israel Chemicals Ltd , Milliken Chemical, Novochem Group , Precision Laboratories, Pursell Agri-tech, and Sensient Technologies.
Categories Covered:
• Fertilizer Coatings
• Pesticide Coatings
• Seed Coatings
Coating Types Covered:
• Colorants
• Pellets
• Polymers
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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