Global Seed Coating Materials Market Size study, by Product Type (Polymers, Colorants, Binders, Others), by Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, Others), and Regional Forecasts 2022-2032

Description

Global Seed Coating Materials Market is valued at approximately USD 2.26 Billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.85% over the forecast period 2024-2032. Seed coating is a critical technology for seed protection, utilized across numerous major agricultural economies. The increasing incidences of seed diseases adversely affecting overall crop growth have driven the demand for seed coating materials to protect them from pests and harmful microorganisms in the soil environment. This technology involves applying external compounds to the seed surface to enhance seed performance in agriculture.

The demand for seed coating materials is propelled by the need to enhance seed performance, improve appearance, and protect seeds from pest infestations. Technological advancements in agricultural practices, such as the use of farm machinery and commercial seeds, have facilitated the growth of seed coating technologies. Farmers have increasingly adopted seed treatment and coating techniques to safeguard high-value planting seeds and optimize agricultural planting operations. For example, in December 2021, BASF, a German chemicals manufacturer, developed Flo Rite Pro 2805 for seed treatment, employing innovative polymer-based technology. This substance enhances the adhesion and retention of active components, offering soybean, dry bean, and pea growers improved properties and high seed flow for optimizing plant populations and yields. Moreover, the expansion in emerging markets, development of innovative seed coating solutions, and increasing investment in research and development present various lucrative opportunities over the forecast years. However, the high cost of seed coating materials, as well as health and environmental concerns are challenging the market growth throughout the forecast period of 2024-2032.

The key regions considered for the Global Seed Coating Materials Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the Global Seed Coating Materials Market in terms of revenue. The market growth in the region is being attributed to factors including well-established agricultural industry, high adoption of advanced farming technologies, and significant investments in research and development. The United States and Canada are leading in the use of seed coating materials to enhance crop yield, improve seed germination, and protect against pests and diseases. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by increasing agricultural activities, rising demand for food security, and the adoption of modern farming practices in countries such as China, India, and Australia. The region's expanding agricultural sector, coupled with government initiatives to improve crop productivity and support for sustainable agriculture, is accelerating the demand for innovative seed coating solutions.

Major market players included in this report are:

BASF SE (Germany)
Solvay S.A. (Belgium)
Clariant AG (Switzerland)
Croda International Plc (UK)
DSM (Netherlands)
Sensient Technologies (US)
Brettyoung Seeds Limited (Canada)
Milliken Chemicals (US)
Precision Laboratories (US)
Germain Seed Technology Inc (UK)
Syngenta AG
Corteva Agriscience
Bayer AG
Sumitomo Chemical Co., Ltd.
ADAMA Agricultural Solutions Ltd.

The detailed segments and sub-segment of the market are explained below:

By Product Type:

Polymers
Colorants
Binders
Others

By Crop Type:

Cereals & Grains
Pulses & Oilseeds
Fruits & Vegetables
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Seed Coating Materials Market Executive Summary

1.1. Global Seed Coating Materials Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Crop Type
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Seed Coating Materials Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Seed Coating Materials Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing demand for enhancing seed performance
- 3.1.2. Increasing growth of agricultural and allied industries
- 3.1.3. Technological advancements
3.2. Market Challenges
- 3.2.1. Health and environmental concerns
- 3.2.2. High cost of seed coating materials
3.3. Market Opportunities
- 3.3.1. Expansion in emerging markets
- 3.3.2. Development of innovative seed coating solutions
- 3.3.3. Increasing investment in research and development

Chapter 4. Global Seed Coating Materials Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Seed Coating Materials Market Size & Forecasts by Product Type 2022-2032

5.1. Segment Dashboard
5.2. Global Seed Coating Materials Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Polymers
- 5.2.2. Colorants
- 5.2.3. Binders
- 5.2.4. Others

Chapter 6. Global Seed Coating Materials Market Size & Forecasts by Crop Type 2022-2032

6.1. Segment Dashboard
6.2. Global Seed Coating Materials Market: Crop Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Cereals & Grains
- 6.2.2. Pulses & Oilseeds
- 6.2.3. Fruits & Vegetables
- 6.2.4. Others

Chapter 7. Global Seed Coating Materials Market Size & Forecasts by Region 2022-2032

7.1. North America Seed Coating Materials Market
- 7.1.1. U.S. Seed Coating Materials Market
  - 7.1.1.1. Product Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Crop Type breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Seed Coating Materials Market
7.2. Europe Seed Coating Materials Market
- 7.2.1. U.K. Seed Coating Materials Market
- 7.2.2. Germany Seed Coating Materials Market
- 7.2.3. France Seed Coating Materials Market
- 7.2.4. Spain Seed Coating Materials Market
- 7.2.5. Italy Seed Coating Materials Market
- 7.2.6. Rest of Europe Seed Coating Materials Market
7.3. Asia-Pacific Seed Coating Materials Market
- 7.3.1. China Seed Coating Materials Market
- 7.3.2. India Seed Coating Materials Market
- 7.3.3. Japan Seed Coating Materials Market
- 7.3.4. Australia Seed Coating Materials Market
- 7.3.5. South Korea Seed Coating Materials Market
- 7.3.6. Rest of Asia Pacific Seed Coating Materials Market
7.4. Latin America Seed Coating Materials Market
- 7.4.1. Brazil Seed Coating Materials Market
- 7.4.2. Mexico Seed Coating Materials Market
- 7.4.3. Rest of Latin America Seed Coating Materials Market
7.5. Middle East & Africa Seed Coating Materials Market
- 7.5.1. Saudi Arabia Seed Coating Materials Market
- 7.5.2. South Africa Seed Coating Materials Market
- 7.5.3. Rest of Middle East & Africa Seed Coating Materials Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BASF SE
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Solvay S.A.
- 8.3.3. Clariant AG
- 8.3.4. Croda International Plc
- 8.3.5. DSM
- 8.3.6. Sensient Technologies
- 8.3.7. Brettyoung Seeds Limited
- 8.3.8. Milliken Chemicals
- 8.3.9. Precision Laboratories
- 8.3.10. Germain Seed Technology Inc.
- 8.3.11. Syngenta AG
- 8.3.12. Corteva Agriscience
- 8.3.13. Bayer AG
- 8.3.14. Sumitomo Chemical Co., Ltd.
- 8.3.15. ADAMA Agricultural Solutions Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes