(Food-Beverage-News.Com, May 19, 2017 ) According to the report “ Global Seed Coatings Material Market ", published by Market Data Forecast, the global market is projected to reach USD 1601.35 million by 2021, at a CAGR of 7.8% from 2016 to 2021.
The seed coatings material market is growing progressively due to 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 timely supply of crop at reasonable prices.
The seed coatings material market is driven by factors such as growing demand of coated seeds by innovative agricultural skills, increasing awareness among the farmers about the profitable use of seeds, and growing need of 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. Though, 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.
For granular level understanding the seed coatings material market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
Based on geography, the report contains a wide array of countries covering all around the globe. Countries like USA, Canada, U.K., Spain, Germany, Italy, India, China, South Africa, Israel and Brazil are identified as the predominant markets for Seed Coatings Material. For more of regional analysis check out the following reports.
Middle East and Africa Seed Coatings Material Market
The major companies operating in the global Seed Coatings Material market are BASF SE, Bayer Cropscience AG, Clariantag, Croda
International PLC, Platform Specialty Products Corporation, Brettyoung Seeds Limited, Incotec Group BV, Keystone Aniline Corporation, Precision Laboratories, LLC, Germains Seed Technology Inc. DuPont and The Dow Chemical Company recently announced the U.S. site structure for the global agriculture leader the companies intend to create following the planned separation of DowDuPont into three independent, publicly traded companies. The structure of the Agriculture company was specifically developed to ensure the cost discipline and efficiency necessary to achieve the previously stated $1.3 billion in synergies, while establishing the strongest foundation possible for sustainable growth over the long term – which will in turn create long-term opportunities for the company’s global employee base and local communities.
The Seed Coatings Material Market study offers the following deliverables:
•Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
•Segment-level analysis on basis of type, application along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
•Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
•Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
•A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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