Seed Coating Materials Market Global Trends and Key Industry Analysis Forecast till 2026 | Fortune Business Insights™-The News PEDI
The global Seed Coating Materials Market is set to experience a period of robust growth owing to steadily increasing world population. Fortune Business Insights shares this information in its new report, titled “Seed Coating Materials Market Size, Share and Industry Analysis, By Type (Polymers, Binders, Colorants, Other Additives), By Function (Powder Blends, Pelleting Polymers, Film Coating Polymers, Others), By Crop Type (Cereals, Oilseeds and Pulses, Fruits and Vegetables, Others) and Regional Forecast, 2019-2026”.
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Major players are adopting different strategies, such as mergers and acquisitions, new product launches, and strategic collaborations, to gain a competitive edge in the market.
Some of the key players covered in the Seed Coating Materials Market report include.
- Clariant AG
- BASF SE
- Croda International Plc.
- Bayer CropScience AG
- Chemtura Corporation
- Platform Specialty Products Corporation
- Precision Laboratories
- Incotec Group, and BrettYoung.
Meticulous research into the market drivers, trends, factors, and restraints;
- Detailed assessment of the market segments;
- 360-degree analysis of overall industry outlook;
- Projections of future prospects of the market; and
- In-depth evaluation of the regional and competitive dynamics characterizing the market.
Market Drivers and Trends:
- Growing world population According to the UN Department of Economic and Social Affairs (DESA), global population is expected to reach 8.6 billion by 2030 and 9.8 billion by 2050. As a result, demand for food is likely to spike in the next decade, boding well for the Seed Coating Materials Market growth.
- Increasing need to narrow food security gaps Numbers released by the World Bank reveal that around 151 million children below the age of 5 are suffering from chronic malnutrition. Moreover, close to 2 billion people worldwide are deficient in essential micronutrients to be productive and ward off diseases. This would necessitate elevating agricultural productivity, which will be one the key Seed Coating Materials Market trends.
- Development of revolutionary technologies The agriculture sector is undergoing rapid transformations on account of introduction of next-generation technologies. For example, governments and academic institutions are increasingly investing in developing genome editing tools such as CRISPR to build higher pest resistance in crops and increase their capacity to create food. Other advanced technologies such as blockchain, AI, and IoT are also enhancing the Seed Coating Materials Market potential in the forthcoming years.
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Major Segments includes:
- Other Additives
- Powder Blends
- Pelleting Polymers
- Film Coating Polymers
By Crop Type
- Oilseeds and Pulses
- Fruits and Vegetables
This market has been segmented into different regions such as North America, Europe, and Asia-Pacific. Among these,
- North America (USA, Canada, and Mexico)
- Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East and Africa (South Africa, UAE, and Rest of MEandA)
is anticipated to dominate the Seed Coating Materials Market share during the forecast period.
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