Seed Coating Materials Market By Type (Polymers, Colorants, Binders & Other Additives) By Crop Type (Cereals & Grains, Oil Seeds, Fruits & Vegetables) By Application (Fungicide, Insecticide, Bio-Control & Others) & Geography Forecast (2016-2021) Seed coating is the process of coating seeds directly with various materials such as fertilizers, repulsive agents like crop protection chemicals, plant growth regulators among many others. The primary purpose of seed coating material is to ensure rapid multiplication and timely supply of crop at affordable prices.
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â€˘The other benefits related with seed coating material include increased yield per hectare, low seeding rate, multicomponent product and others, which are increasing the demand for seed coating material across the globe. This growth is mainly witnessed in the developing countries, where agriculture is the prime contributor to the total economy of the country. Seed coating material market is classified on the basis of type which includes colorant, binder, polymers and other additives.
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The polymer segment occupies the highest share in terms of revenue in the seed coating material market during the period from 2016 to 2021. The usage of polymer improves the efficiency of plant ability and also increases durability. Even, binders are expected to show a substantial growth in the forecast period.
Seed coating material market is further segmented by crop type which includes fruits & vegetables, vegetables and ornamental plants, cereals & grains, oilseeds, pulses and others. Cereals and grains are expected to have the highest market share as compared to other segments. Cereal and grains are the staple food across the globe; this has resulted in the increased volume of the crop production and is expected to contribute to the growth of seed coating material market in the near future.
The increasing population around the world has generated the need for the higher production of agricultural crops, which is expected to drive the demand for seed coating material market over the forecast period. In order to reduce negative impact on the environment and enabling better crop protection, the seed coating market is expected to increase in the forecast period. The seed coating material market has subsequently been segmented into geographical regions including Americas, Europe, Asia Pacific and RoW. North America is expected to be dominant in terms of revenue contribution in seed coating material market.
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Seed Coating Materials Market By Type, By Crop Type, By Application & Geography -Forecast (2016-2021) A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Seed Coating Materials Market By Type, By Crop Type, By Application & Geography -Forecast (2016-2021) Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022 and future opportunities are provided in the report.
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