Seed Coating Materials Market by Type (polymers, Colorants, Binders, and Other Additives), by Crop Type (Cereals & Grains, Oilseeds, Fruits & Vegetables) & By Geography - Global Trends & Forecasts to 2019
NEW YORK, Oct. 22, 2014 /PRNewswire/ -- Seed coating is the process of applying crop protection chemicals and/or color, which can be applied directly on to seeds or pellets, offering both aesthetic and environmental benefits. Leading companies in the seed coating materials market are continuously seeking new technologies for manufacturing coated seeds with high efficiency. The seed coating materials market is projected to reach $1,426.78 million by 2019.
This report provides a comprehensive analysis of the seed coating materials market. It categorizes the seed coating materials market based on type, crop type, and geography. By type, polymers are estimated to be the largest in 2014, and are projected to grow with the increasing demand for coated seeds in the agriculture industry. Benefits such as low seeding rate and less seedling damage are driving the market demand. Also, seed coating is considered as one of the simplest, safest, and most effective way to treat any seed.
The market size of each region such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW) is projected for 2019 in the report. The report also segments the regions into countries such as U.S., Germany, China, and Brazil with a forecast of their market size along with their growth rates.
The leading players of this market such as Bayer CropScience (Germany), BASF SE (Germany), and Clariant International (Switzerland) are profiled in the report. The key players in this market have adopted various strategies to strengthen the market opportunities and increase their market shares. Partnerships, agreements, expansions, joint ventures, and acquisitions are some of the main strategies adopted by the market players to achieve growth in the seed coating materials market. Agreements, collaborations, and partnerships accounted for 41% of all the growth strategies adopted by the players during the review period of 2009 to 2014.
The seed coating materials market is segmented on the basis of crop type that includes cereals & grains, oilseeds, fruits & vegetables, and other crops. The demand for coating materials for cereal and grain seeds accounted for the largest share in 2013. North America is the largest consumer of cereals & grains in 2013, followed by the Asia-Pacific region.
Read the full report: http://www.reportlinker.com/p02418578-summary/view-report.html
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/seed-coating-materials-market-by-type-polymers-colorants-binders-and-other-additives-by-crop-type-cereals--grains-oilseeds-fruits--vegetables--by-geography---global-trends--forecasts-to-2019-924357231.html
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