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Seed coating is the primary way of increasing seed performance by the addition of chemicals to protect the seed from pathogens. Nearly a century old, the practice of seed coating has become the main pillar for many of the horticultural and crop industries worldwide. The practice is used to change the physical attributes of seed, and for the supply of active ingredients. The physical modification of seed is designed to improve seed handling through standardization of seed weight and size. In some cases, where the goal is to reduce friction and enhance the flowability, the alteration of seed morphology is minimal, but for small (e.g., begonia or tobacco), expensive, or morphologically uneven seeds, a thicker coverage is often applied. The artificial coat is often used as a carrier for a variety of active ingredients.
Increasing population from around the world has given rise to the requirement for the production of increased agricultural crops, which should fuel the demand of seed coating material market over the forecast period. Moreover, to have lower environmental impact and protecting crops, the seed coating market is expected to thrive in the near future. However, limited usage such as higher reliance on seed surface, consistency with the active ingredient and/or dye, and application temperature may prevent its growth during the forecast period. Further, growing awareness about nutritive value of the seeds and adoption of new technologies is likely to fuel the market over the forecast period.
The report analyses Global Seed Coating Materials market based on material type, crop type and geography.
The market for seed coating materials is studied for major types of seed coating materials which include polymers, colorants, pellets, minerals, pumice powder and others which include additives such as wetting and dispersing agents, anti-foaming agents, thickeners, and solvents.
Among all these materials, polymer coating is anticipated to account for the major market share in terms of the revenue contribution in seed coating material over the forecast timeframe. Polymers are majorly used for temperature switch and protects the seeds by regulating the intake of water until the soil has warmed to a predetermined temperature. The higher efficiency of polymers to improve the plant ability and durability of seeds is likely to boost the growth of the polymer seed coating material. Apart from polymers, pellets are also accounted for the significant share of the market.
The seed coating materials are used for various crop type including cereals & grains, oilseeds & pulses, fruits & vegetables etc. The market for cereals & grains is largest followed by fruit & vegetables and flowers & ornamentals. This is mainly due to high demand for cereals & grains as the consumption of cereals & grains is the highest worldwide.
The fruits & vegetables segment accounted for the second largest share of in the seed coating materials market in 2019. The significant share of the market is mainly attributed to the increasing demand of the high value crops, as it offers a more profit margin. Changes in dietary habits among many segments of the population of developed countries resulting from increased health awareness and the increasing demand for a wider variety of products, including high value crops have contributed to this growth.
Geographically, this market is segmented into North America, Europe, Asia-Pacific and Rest of the World. The market is headed by North America followed by Europe and Asia-Pacific. Agriculture sector in North America is transitionally changing from traditional agriculture to conventional agriculture. This change is demanding new ways of farming for better yield and quality. Strong research and development carried out in this sector by the North American companies and acceptance of new agricultural techniques by the farmers is triggering the demand for coated seeds in this country. Polymer coatings are largely produced in this region which is major type of seed coating materials utilized by the manufacturers in North America, Thus, the seed coating materials market has entered the maturity stage in North America.
Asia-Pacific region is the fastest growing market for seed coating materials. Changing farmer’s perspective for seed development and readymade seed purchase, increasing awareness about the advantages of seed coating materials, rising usage of colorants and polymer coatings for increasing the commercial value of the seeds, and adoption of new farming techniques which demand coating seeds for better results are the factors driving the market for seed coating materials in Asia-Pacific.
The major players operating in the market include BASF SE, Bayer group, Brett Young, Chromatech Incorporated, Clariant International, Croda International, Germains Seed Technology, Incotec Group, Milliken and Company and Precision Laboratories.
