Seed Coatings Material Market

Global Seed Coatings Material Market Size (2024 to 2032)

The global seed coatings material market is expected to be valued at USD 1485.48 million in 2023 and is anticipated to reach USD 1,601.35 million in 2024 from USD 2920.36 million by 2032, growing at a CAGR of 7.8% from 2024 to 2032.

The seed coatings material market is growing progressively due to the increasing significance of seed technology. Seed coating is the method of coating seeds precisely with several materials such as plant growth regulators, repulsive agents like crop protection chemicals, and fertilizers among many others. The main purpose of seed coating material is to ensure speedy growth and a timely supply of crops at reasonable prices.

Market Drivers

The seed coatings material market is driven by factors such as the growing demand for coated seeds by innovative agricultural skills, increasing awareness among the farmers about the profitable use of seeds, and the growing need for seed treatment, directing towards an augmented agricultural output. The growing population around the globe has created the necessity for the greater production of agricultural crops, which is estimated to fuel the seed coatings material market. However, restricted usage, such as greater dependence on seed surface, compatibility with active ingredient and dye, and application temperature, may hamper its growth during the forecast period.

REPORT COVERAGE

SEGMENT ANALYSIS

Based on application the market is bifurcated among Cereals & Grains, Fruits & Vegetables, Flowers & Ornamentals, and Oilseeds & Pulses. Polymers type is further sub-segmented into Polymer Gels and Superabsorbent Polymer Gels. Polymers are used on a big measure owing to their practical qualities, which help in the germination of seeds and improve the speed performance, leading to greater crop yield. The seed coating materials market is led by the cereals & grains segment, the demand for cereals and grains is endlessly increasing as it is a vital part of the everyday meal of the rising population.

REGIONAL ANALYSIS

The seed coating materials are becoming prevalent with seed industrialists in the emerging regions of Asia-Pacific and Latin America, mostly due to the increasing demand for treated seeds by the farmers, as an outcome of growing awareness about the aids of treated seeds.

KEY MARKET PLAYERS

Major companies known in the seed coating materials market include Platform Specialty Products Corporation (U.S.), Croda International PLC (U.K.), Precision Laboratories LLC (U.S.), INCOTEC Group BV (The Netherlands), BrettYoung Seeds Limited (Canada), Keystone Aniline Corporation (U.S.), BASF SE (Germany), Clariant AG (Switzerland), Bayer CropScience AG (Germany) and Germains Seed Technology Inc. (U.K).

DETAILED SEGMENTATION OF THE GLOBAL SEED COATINGS MATERIALS MARKET INCLUDED IN THIS REPORT

This research report on the global seed coatings materials market is segmented and sub-segmented into the following categories.

By Type

• Polymers gels
• Superabsorbent polymers gels
• Colorants
• Pellets
• Minerals/Pumice

By Application

• Cereals and Grains
• Fruits and Vegetables
• Flowers and Ornamentals
• Oilseeds&Pulses

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East and Africa