According to Stratistics MRC, the Global Seed Coating Market is accounted for $1.80 billion in 2019 and is expected to reach $4.00 billion by 2027 growing at a CAGR of 10.5% during the forecast period. Increase in the seed replacement rate is leading to the adoption of commercialized seeds and enhancement and benefits derived from seed technologies to encourage the adoption of seed coated products are propelling the market growth. However, uncertainty in climate conditions and low yield of crops in under-irrigated areas are hampering the market growth. Moreover, development of biodegradable seed coatings to reduce environmental pollution may provide ample opportunities for the market growth.
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Based on the additive, the polymers segment is anticipated to hold considerable market share during the forecast period. Polymers are used on a large scale due to their functional qualities of improving the nutritive value of seeds and enhancing their appearance. By geography, North America is going to have a lucrative growth during the forecast period. Favorable trade and price support systems have encouraged the import and export of cereals and oilseeds in the US.
Some of the key players profiled in the Seed Coating Market include BASF SE, Bayer AG, Brettyoung Seeds Limited, Centor Oceania, Chromatech Incorporated, Cistronics Technovations Pvt LTD, Clariant AG, CR Minerals Company LLC, Croda International PLC, DSM-Amulix, Germains Seed Technology Inc, Globachem, Michelman Inc, Milliken Chemical, Organic Dyes and Pigments, Prebble Seeds LTD, Precision Laboratories LLC, Sensient Technologies, Smith Seed Service and Universal Coating Systems.
Seed Coating Types Covered:
• Melt Coats
• Split Coats
Seed Coating Ingredients Covered:
• Binders
• Fillers
Processes Covered:
• Film Coating
• Encrusting
• Pelleting
Crop Types Covered:
• Cereals & Grains
• Fruits & Vegetables
• Flowers & Ornamentals
• Oilseeds & Pulses
• Other Crop Types
Active Ingredients Covered:
• Protectants
• Phytoactive Promoters
• Nutrients
• Symbionts
• Tracers
• Other Active Ingredients
Additives Covered:
• Colorants
• Pellets
• Minerals/Pumice
• Polymers
• Active Ingredients
• Other Additives
Products Covered:
• Suspended Seed Coating Agent
• Emulsions
• Wettable Powder
Applications Covered:
• Wheat
• Corn
• Soybean
Sales Channels Covered:
• Direct Sales
• Distributor
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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