The global seed coating agent market size is expected to reach USD 1.95 million in 2024 and reach USD 2.90 million by 2029, growing at a CAGR of 8.3% from 2024 to 2029.
Seed coating agents are powerful in shielding seed and youthful seedlings from assault by sickness and by insects. They may likewise supply sustenance for youthful seedling development. In the present world, airborne diseases and insects attack the seed stored and that affects the quality of the production and the overall yield as well.
The coating is economical and provides numerous benefits to the farmers. However, reports from various Agro agencies also suggests a chance of insects becoming recombinant to these coating agents.
European region has the largest market share in terms of value. Asia Pacific is expected to have highest CAGR and this is because of the increased domestic demands and heavy investment by the local governments to ensure a good yield for the year. Research and Development sector is on the upsurge globally, with new agents being introduced into the market that show an enhanced performance in comparison to the existing ones.
INCOTEC, Rotam, Allied Seed, BASF, Beinong Haili, Cargill, Chemtura, Germains, Beijing Woruikang, Jiangsu Huanong, Bayer, Jilin Bada, A.B.Enterprises, Lianyungang Dongjin, Liaoning Zhuangmiao, Hebei Veyong. Some of the market players dominate the global seed coating agent market.
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