Seed Coating Materials market share, Revenue, Opportunity, Business Segment Overview and Key Trends 2027
According
to Market Research Future (MRFR), the global Seed Coating Materials market share is poised to touch a valuation of USD
2 BN by 2024. MRFR, in its recently published report, also asserts that the
market would register a CAGR of approximately 7.2% throughout the forecast
period (2019–2024). The rising demand for effective agricultural adjuvants is
another key driving force driving the market for seed coating materials.
The
increasing adoption of advanced farming technologies is amongst some of the
major factors responsible for surging the market demand. Seed coating materials
demonstrate multiple benefits to plant growth and nutrition, collaboratively
working between green materials and seed technologists. These coating materials
provide an excellent delivery system for seeds at the time of sowing. Seed
coatings hold the potential to enhance seedling and plant growth.
Key
Players
Players
leading the global Seed Coating Materials market share include Element
Solutions Inc (US), BASF SE (Germany), Incotec Group BV (Netherlands), Bayer
(Germany), Clariant International AG (Switzerland), Chromatech Inc. (US),
Precision Laboratories Inc. (US), Keystone Aniline Corporation (US),
Brett-Young Seeds Ltd. (Canada), Croda International Plc. (UK), and Germains
Seed Technology, Inc. (US), among others.
Market Segmentation:
The market is segmented into three dynamics to
widen the scope of understanding,
By Type :
Polymers, Colorants, Binders, and others.
By Crop Type :
Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, and
others.
By Regions :
Europe, North America, APAC, and the Rest-of-the-World (RoW).
Access Report @ https://www.marketresearchfuture.com/reports/seed-coating-materials-market-5492
Regional Analysis
North America is expected to continue leading the
global Seed Coating Materials market share throughout the forecast period. The
largest share of the region attributes to the high awareness level among
farmers regarding the benefits of seed coating materials and the presence of a
large number of key players.
Moreover, massive demand for these agriculture
adjacencies, especially in the US, catalyzes the growth of the regional market.
Furthermore, rising governmental emphasis on increasing the crop yields and
stringent regulations regarding food safety are key driving forces behind the
growth of the Seed Coating Materials market share in North America.
The Seed Coating Materials market share in the
European region is another significantly growing market, globally. Agriculture
is one of the major industries that is contributing to shaping the landscapes
in rural areas in Europe. Farming is an inherent part of food systems, and the
range of food produced in the region is diverse. The region is entirely
self-sufficient in most agricultural major commodities and the single largest
exporter of agri-food products.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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