FMI: Seed Coating Material Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025
Seed coating is a process in which seeds are directly coated with various material such as fertilizers, repulsive agents, crop protection chemicals plant growth regulators and others, which offers both aesthetic and environmental benefits. The primary goal of seed coating material is rapid multiplication and timely supply of crop at reasonable price. Other benefits associated with seed coating material include high yield per hectare, low seeding rate, multicomponent product and others, which are driving the demand for seed coating material across the globe. This growth is especially observed in the developing regions, where agriculture is the prime contributor to the overall economy.
Seed coating is a process in which seeds are directly coated with various material such as fertilizers, repulsive agents, crop protection chemicals plant growth regulators and others, which offers both aesthetic and environmental benefits. The primary goal of seed coating material is rapid multiplication and timely supply of crop at reasonable price. Other benefits associated with seed coating material include high yield per hectare, low seeding rate, multicomponent product and others, which are driving the demand for seed coating material across the globe. This growth is especially observed in the developing regions, where agriculture is the prime contributor to the overall economy.
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Global <strong>Seed</strong> <strong>Coating</strong><br />
<strong>Material</strong> <strong>Market</strong><br />
Future <strong>Market</strong> Insights<br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong><br />
<strong>Forecast</strong>,<br />
<strong>2015</strong><br />
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Report Description<br />
<strong>Seed</strong> coating is a process in which seeds are directly coated with various material such as<br />
fertilizers, repulsive agents, crop protection chemicals plant growth regulators <strong>and</strong> others,<br />
which offers both aesthetic <strong>and</strong> environmental benefits. The primary goal of seed coating<br />
material is rapid multiplication <strong>and</strong> timely supply of crop at reasonable price. Other<br />
benefits associated with seed coating material include high yield per hectare, low seeding<br />
rate, multicomponent product <strong>and</strong> others, which are driving the dem<strong>and</strong> for seed coating<br />
material across the globe. This growth is especially observed in the developing regions,<br />
where agriculture is the prime contributor to the overall economy.<br />
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<strong>Seed</strong> <strong>Coating</strong> <strong>Material</strong> <strong>Market</strong> Segmentation<br />
<strong>Seed</strong> coating material market is segmented on the basis of type which includes, colorants,<br />
binders, polymers <strong>and</strong> other additives. Among all the above segments polymer is<br />
expected to account for the major share in terms of revenue contribution in seed coating<br />
material market during the forecast period. Higher efficiency to improve plant ability <strong>and</strong><br />
durability of seeds is expected to support the growth of polymer seed coating material<br />
during the forecast period. Apart from polymer, binders are also expected to show a<br />
substantial growth in next five to six years. Many different compounds are <strong>use</strong>d in binders<br />
which includes various starches, sugars, cellulose, vinyl polymers, clay, gum arabic, <strong>and</strong><br />
others. However, binder concentration is critical as too much binding delays germination,<br />
while too little binding can ca<strong>use</strong> chipping <strong>and</strong> cracking of pellets in the planter box. This<br />
ca<strong>use</strong>s skips or wide gaps in the plant rows.
Report Description<br />
<strong>Seed</strong> coating material market is also segmented on the basis of crop type which includes<br />
fruits & vegetables, cereals & grains, oilseeds, <strong>and</strong> others. Among all these product type<br />
cereals <strong>and</strong> grains is expected to account for the highest market share as compared to<br />
other segments. High consumption of cereal <strong>and</strong> grains across the globe has generated<br />
the requirement of the increased volume of the crop production is expected to<br />
contribute to the growth of seed coating material market in the near future. Moreover,<br />
oilseed segment is expected to register a healthy growth during the forecast period.<br />
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On the basis of region, the seed coating material market segmentation includes North<br />
America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan,<br />
Japan <strong>and</strong> Middle East <strong>and</strong> Africa. North America is expected to be dominant in terms of<br />
revenue contribution in seed coating material market followed by Europe. Increased<br />
consumption of packaged food <strong>and</strong> beverages with health benefits in North America is<br />
expected to support the dem<strong>and</strong> for seed coating material among food products across<br />
the region. While, among all the countries in the European region United Kingdom is<br />
expected to account for major market share during the forecast period. Moreover in<br />
developing region of Asia Pacific. China <strong>and</strong> India are the prominent countries in terms of<br />
the production of agricultural crops contributing to significant share for seed coating<br />
market in Asia Pacific region. Moreover, in Latin America Brazil is expected to show a<br />
healthy growth over next five to six years.
Report Description<br />
<strong>Seed</strong> <strong>Coating</strong> <strong>Material</strong> <strong>Market</strong> Drivers & Restraints<br />
Growing population across the globe has generated the requirement for the production<br />
of increased agricultural crops, which is expected to fuel the dem<strong>and</strong> of seed coating<br />
material market over the forecast period. Moreover, to have less impact on the<br />
environment <strong>and</strong> protecting crops, the seed coating market is expected to flourish in the<br />
near future. However, limited usage such as higher dependency on seed surface,<br />
compatibility with active ingredient <strong>and</strong>/or dye, <strong>and</strong> application temperature may hinder<br />
its growth during the forecast period.<br />
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<strong>Seed</strong> <strong>Coating</strong> <strong>Material</strong> <strong>Market</strong> Key Players<br />
Some of the key international players in seed coating ingredient market includes Bayer<br />
Cropscience AG, Clariant International, Precision Laboratories, LLC, Chemtura<br />
Corporation, Incotec Group Bv, BASF SE <strong>and</strong> Chromatech Incorporated among others.
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