Global Seed Coating Material Market: An Overview 

The global seed coating market is growing in a robust manner. The market is witnessing high adoption , seed treatment, and brand differentiation at unprecedented levels. Hence, the market is expected to continue its robust growth throughout the 2018-2026 forecast period. 

The global seed coating material market is expected to specialize in North America and Europe region. Currently, these two regions are major contributors to the global seed coating material market. Hence, the competition in the industry is likely to become fiercer and more mergers are expected.  

Global Seed Coating Material Market: Key Trends 

Increasing aid by various government and environmental agencies in developing farming in emerging countries is expected to drive the market during the forecast period. Seed coating material market is driven agriculture by rapid supply of crops in a cost-effective manner. This also leads to rapid multiplication of various crops. 

Additionally, seed coating material provides high yield, wide range of agro products, minimizes seeding rate among others. Due to these various benefits, seed coating market is expected to register healthy growth during the forecast period. The market is driven by adoption of genetically advanced crops, increased introduction of hybrid varieties, infusion of modern farming knowledge in traditional communities, etc. 

. Apart from supporting innovative methods of farming, sustainable farming is also encouraged in several developing countries. Emerging countries are offering alternatives through sustainable farming as well as low capital investment opportunities. 

Increased understanding about potential commercial potential of seeds is also driving farmers and suppliers to value coating materials.

 Global Seed Coating Material Market: Regional Outlook 

The global seed coating material market is divided by region into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is predicted to maintain its dominant position in the global market. The seed coating material market in North America is expected to hold the highest market share during 2018-2026, followed by Europe. Increased demand for ready-to-eat foods, soft drinks, and growing influx of healthy products is expected to drive these regional markets. Asia Pacific seed coating material market is expected to register the fastest growth during 2018-2026. 

Growing disposable income, changing lifestyles coupled with growing expectations of living standard, and growing awareness of modern technologies is predicted to drive the market. The seed coating material market in South America is also expected to make significant gains, thanks to growing innovations in Brazil. 

Global Seed Coating Material Market: Competitive Dynamics 

Key players in the global seed coating material market include Incotec Group, Bayet CropScience, Chromatech Incorporated, BASF and Germains Seed Technology. Major players in the marker are focused on innovation through seed bulking, embellishment for marketing, and protective treatments. The global seed coating material market recently witnessed many major acquisitions. One of these included BASF getting hold of Becker Underwood, a major market leader in seed enhancement technologies. Another example was the acquisition of Keystone Aniline Corporation by Milliken Chemicals. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.