(Food-Beverage-News.Com, March 19, 2018 ) According to a new market research report " Seed Coatings Material Market by Type (Polymers (Polymer Gels and Superabsorbent Polymer Gels), Colorants, Pellets and Minerals/Pumice), by Application (Cereals & Grains, Fruits & Vegetables, Flowers & Ornamentals and Oilseeds & Pulses) and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", published by MarketDataForecast, the market is anticipated to be $1100 million in 2016 and is set to grow at a robust CAGR of 7.8% capping it to $1601.35 million by 2021.
Rising awareness among farmers regarding innovative agricultural skills coupled with the use of seeds in a profitable manner, are fuelling the demand for market growth. Other significant factors attributing the demand for market growth are the adoption of new seed technologies and increase in the low-risk investments in the farming sector. Increasing population across the globe along with the rise in the production of agricultural crops is the major driving reason for the market growth. However, strict environmental government rules and regulations on usage of chemicals and application temperature are hindering the growth of the market.
Browse Market Data Tables and Figures spread through 179 Pages and in-depth TOC on " Seed Coatings Material Market"
The Global Seed Coatings Material Market is segregated into type and application. On the idea of application, the Seed Coatings Material Market is bifurcated into Vegetables, Oilseeds, Cereals, Ornamentals, Pulses, Flowers, Grains, and Fruits.
On the origin of type, the Seed Coatings Material Market is classified as Polymers, Minerals/Pumice, Colorants, and Pellets. Polymers segment is further sub-divided into Polymer Gels and Superabsorbent Polymer Gels. Polymers are used in the enormous measure because of their sensible qualities which facilitate the germination of seeds and improve the seed performance resulting in larger crop yield. Cereals & grains segment is leading the seed coating materials market as the demand for cereals and grains is increasing day by day and became a very important part of the everyday meal of rising population.
According to the Geographical analysis, the Seed Coatings Material Market is segmented into Middle East and Africa, Europe, Latin America, and Asia-Pacific, North America. The seed coating materials are getting popular in the rising regions of Asia-Pacific and Latin America, because of the rising demand for treated seeds by farmers, as an outcome of growing awareness regarding the aids of treated seeds.
The prominent companies dominating the market are BASF SE (Germany), Germains Seed Technology Inc. (U.K.), BrettYoung Seeds Limited (Canada), Clariant International Ltd, Platform Clariant AG (Switzerland), Bayer CropScience AG (Germany), BrettYoung, INCOTEC Group BV (The Netherlands), Keystone Aniline Corporation (U.S.), Precision Laboratories, LLC, Specialty Products Corporation (U.S.), Precision Laboratories LLC (U.S.), Croda International PLC (U.K.).
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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