The report "Agricultural Coatings Market by Category (Seed Coatings, Fertilizer Coatings, and Pesticide Coatings), Seed Coating Types (Polymers, Colorants, and Pellets), Fertilizer Coating Types, Pesticide Coating Applications, and Region - Global Forecast to 2026", size is estimated to be valued at USD 3.7 billion in 2021 and is expected to reach a value of USD.5.3 billion by 2026, growing at a CAGR of 7.3% in terms of value during the forecast period. Factors such as rising need to increase agricultural productivity and favorable government policies and regulations are some of the factors driving the growth of agricultural coatings.
Browse 305 market data Tables and 60 Figures spread through 272 Pages and in-depth TOC on "Agricultural Coatings Market by Category (Seed Coatings, Fertilizer Coatings, and Pesticide Coatings), Seed Coating Types (Polymers, Colorants, and Pellets), Fertilizer Coating Types, Pesticide Coating Applications, and Region - Global Forecast to 2026"
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Seeds coatings, by category, is estimated to hold the largest market share during the forecast period
The market for agricultural coatings, by category, has been segmented into seed coatings, fertilizer coatings, pesticides coatings. Seed coating has been proposed as a promising tool for the inoculation of different crop seeds. The main types of seed coatings include seed dressing, film coating, and pelleting, which are used according to the purpose of application and the type of seed. Coating delivers the seed in a form that is larger, rounder, smoother, heavier, and more uniform as compared to the original seed. Materials such as pellets and colorants enable the grower to place the seed individually, with improved spacing and depth control. The use of seed coating also protects the seeds from cold soils and breaks down when the soil temperature is optimal for germination. These advantages have led to increased demand for seed coatings globally.
Polymers, by fertilizer coatings, is projected to grow at the second-highest CAGR in the agricultural coatings market during the forecast period
Polymers are the film coating formulations consisting of a thin, water-permeable polymer-based coating onto the seed or pellet. A thin layer of polymer smoothens the seed surface, helping in better flowability. It also influences water uptake of and adherence to chemical fungicide treatments. Film-coating increases the raw weight of the seed by 1% to 5%. The thin coating of polymer helps the additives stay on seeds and also to avoid dusting and pollution, to enhance the appearance of the seed. Leading agriculture universities have conducted the experiment of seed coating base polymer with different types of seeds for its compatibility under various circumstances. It was found that the seed germinated better with a significant increase in seed vigor, with the usage of a seed coating polymer. Super absorbent polymers and polymer gels are water-absorbing polymer materials with high water uptake potential. They improve the seed germination and also enhance the seedling growth, contributing to the farm’s success. These advantages have led to increased demand for the polymers segment of the seed coatings market.
The market for insecticides segment of pesticides coatings is projected to be the fastest growing segment during the forecast period
Insecticides are majorly used to control insects in agricultural, public health and industrial sectors by killing them or preventing them form engaging in undesirable behaviours. The product portfolio of pesticides coatings manufacturers are more focused on insecticides. Also, they have been entering into R&D agreements and seeking regulatory approvals for microencapsulated formulation that prevents damage from insects. The increasing R&D agreements between various agricultural coatings companies will drive the market for insecticides segment during the forecast period.
This report includes a study on the marketing strategies and the product portfolios of the major companies that operate in the agricultural coatings market. The report has leading company profiles such as include BASF SE (Germany), Bayer AG (Germany), Clariant Technologies (Germany), Croda International Plc (UK), Sensient Technologies (US), Germains Seed Technology (UK), Milliken Chemical (US), Precision Laboratories (US), Pursell Agri-tech (US), Novochem Group (Netherlands), Dorfketal (India), Deltachem (Germany), Israel Chemicals Ltd (Israel), Arkema (France), SQM (Chile), Mosaic (US), Nutrien Ltd (Canada), Aakash Chemicals, Evonik Industries (Germany) and Encapsys LLC (US).
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