The worldwide market for Seed Coating Agent is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 3110 million US$ in 2023, from 2150 million US$ in 2017, according to a new GIR Global Info Research study.
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.
This report focuses on the Seed Coating Agent in global market, especially in North America, Europe and AsiaPacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
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 ExChina 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 themselves. 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.
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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.
Global Seed Coating Agent Market Report – Regions
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
AsiaPacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Global Seed Coating Agent Market Report – Key Players
Bayer
Syngenta
Basf
Cargill
Rotam
Germains Seed Technology
Croda International
BrettYoung
Clariant International
Precision Laboratories
Chromatech Incorporated
Sumitomo Chemical
SATEC
Volkschem Crop Science
Beinong Haili
Henan Zhongzhou
Sichuan Redseed
Liaoning ZhuangmiaoTech
Jilin Bada Pesticide
Anwei Fengle Agrochem
Tianjin Lirun Beifang
Green Agrosino
Shandong Huayang
Chongqing Zhongyiji
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Global Seed Coating Agent Market: Type wise segment
Suspended Seed Coating Agent
Emulsions
Wettable powder
Other
The report displays the production, revenue, price, market share and growth rate of each type.
Global Seed Coating Agent Market: Applications wise segment
Wheat
Corn
Soybean
Other
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