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Download Free sampleThe global Seed Coating Agent market was valued at 219.04 Million USD in 2021 and will grow with a CAGR of 5.87% from 2021 to 2027, based on newly published report.
The prime objective of Seed Coating Agent Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Seed Coating Agent Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Seed coating agents are compounds effective in protecting seed and young seedlings from attack by disease and insects. They may also supply nutrition for young seedling growth.Figure Picture of Seed Coating Agent Seed coating agent is essential for seed such as wheat, corn, soybean and others. Currently, there are many types` seed coating agent, like suspended seed coating agent, emulsions and wettable powder. Suspended seed coating agent took the largest share of 81.79% in 2015. Seed coating agent is mainly produced in China, North America, Europe and Asia (Ex-China). In 2015, China is the largest production region, with a production share of 36.26%. North America and Europe are separately produced 23312 MT and 21386 MT in 2015. Asia (Ex-China) seed coating agent production was 5367, with a share of 6.58%. In China, there are many manufacturers producing seed coating agent. They usually purchase raw material from other chemical companies. While in North America and Europe, manufacturers mostly produce raw materials by themself. As for downstream application, China seed coating agent manufacturers sell their products to seed producers or farmers and others. In North America and Europe, seed coating agent producers also coat seed with their own products. Most manufacturers in North America and Europe have formed a complete industrial chain, from raw material supply to downstream consumption. Seed coating agent industry concentration is low. Manufacturers are distributed all over the world. Owing to the special performance of seed coating agent, downstream demand for it has increasing from 2011 to 2016. In 2011, global consumption was about 58724 MT. By 2016, we predict that global consumption will be 88075 MT, with an average increase rate of 8.44% from 2011 to 2016. In the future, we predict that global production will continue to increase. By 2022, it may be 150428 MT. Also there exist alternatives crisis in this industry. So market participants should pay much attention to technology research and development.
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