Seed Coating Materials Market Size, Share, Opportunities, And Trends By Ingredient (Binders, Polymers, Seed Planting Lubricants, Fertilizers, Adjuvants, Colorants), By Crop Type (Grain And Cereal, Oilseed, Fruit And Vegetable, Other), By Coating Type (Bio-based Coating, Synthetic Coating), And By Geography - Forecasts From 2024 To 2029

  • Published : May 2024
  • Report Code : KSI061615540
  • Pages : 149

The seed coating materials market is estimated to grow at a CAGR of 7.39% to grow from US$1.762 billion in 2022 to US$2.903 billion in 2029 during the forecast period.

Polymer coatings like PEG, PVA, and PVP protect seeds. They make a covering, helping se­ed performance. Bio options like chitosan and starch are better for the environment. They're­ sustainable. Seed coats ofte­n have nutrients like nitrogen, phosphate, and potash. These he­lp plants grow early. Micronutrients like zinc and iron make seedlings grow well. They increase crop yield too. Bioactive compounds can also defend plants from diseases and environmental issues.

Seed coating materials promote sustainable agriculture through reduced crop losses and improved Seed coats have an important role in optimizing seed germination, establishment, and durability, resulting in increased agricultural yield. Their specialized compositions address individual crop requirements, providing a flexible tool for current farming operations. As a result, seed coatings are a key improvement in agricultural technology, promoting sustainable and efficient crop production globally.

Seed dressing, film coating, and pelleting are the main types of seed coatings in the market. The technological advancements coupled with enhanced yield and nutritional crop demand contribute positively to the seed coating materials market growth.

Market Drivers:

  • Efficient germination and agricultural product growth are anticipated to positively impact the seed coating materials market.

Simple seeds are not capable of growing well and have low germination rates. However, coated seeds sprout quickly and vigorously, boosting crop yields significantly. This is expected to drive the seed coating materials market strongly. Furthermore, farmers are learning that coated seeds enhance plant eme­rgence uniformity and productivity, increasing investment returns. Demand for coating mate­rials will rise, notably for advanced coatings. These solve unique farming challenges precisely, fueling global market expansion.

  • Increasing world population and food demand.

On November 15, 2022, the world's population exceeded 8 billion people, marking a significant milestone in human growth. This exceptional development is attributed to progressive increases in human longevity as a result of advances in public health, diet, personal cleanliness, and medicine. It is also the outcome of high and persistent fertility rates in some nations.

By 2050, the UN estimates that it will reach 9.15 billion people. More people fuel the need for more food production. The world needs sustainable, modern farming tech for this. According to the UN Food and Agriculture Organisation, cereal consumption is expected to reach over 3 billion tonnes by 2050. Seed coating will assist in meeting rising demand by decreasing crop loss and enhancing agricultural productivity. Thus, the growing population is predicted to positively impact the seed coating materials market size.

  • Opportunities in the seed coating materials market.

The leading market participants in seed coating material are developing product innovations and strategies to combat climate change in the agriculture sector. Climate change is having a devastating impact on the environment. Climate change is influencing rainfall patterns, with global warming expected to reach 1.5ºC in the next decades, according to IPCC assessments.

Seed coating has come up with hydro-absorbers as a technology to overcome the water problems in drought-affected areas. Seed Coating helps to wet the seed roots thereby increasing the survival rate. According to the research article published in the National Library of Medicine, the hydro absorber-coated seed shows 75% higher seedling growth as compared to uncoated seed.  Furthermore, the constant innovation along with climate change paves the way for new entrants in the seed coating materials market. 

Market Restraints:

The worldwide seed coating materials market has several challenges that impede its growth trajectory. Regulatory complications, such as demanding licensing processes and differing rules across countries, frequently prevent seed coating material firms from entering and expanding into new markets. The high R&D expenses associated with generating revolutionary coating formulas may limit the market participation of smaller businesses.

Furthermore, concerns about environmental sustainability and the use of synthetic chemicals in seed coatings may prompt increasing scrutiny and regulatory obstacles, particularly in terms of biodegradability and ecological effect. Addressing these problems through regulatory harmonization, cost-effective R&D solutions, education programs, and long-term product development strategies will be critical for overcoming constraints and driving growth in the worldwide seed coating materials market.

North America is projected to dominate the seed coating materials market

The North American seed coating materials market is expected to experience considerable expansion due to a variety of factors. Technological advances in seed coating formulations have transformed the market, providing novel options to improve seed quality and production. Farmers are increasingly demanding high-quality coated seeds, recognizing the benefits of better germination rates, disease resistance, and overall crop output.

Technological advancements and the early adoption of farming technologies are significant market drivers for regional seed coating materials. Moreover, there is an increasing environmental concern and rapid urbanization which drives the need for seed coating materials thereby increasing the market size.

Collaboration among stakeholders, including manufacturers, seed firms, and research institutes, is promoting innovation and driving market growth. Furthermore, the growing problems posed by climate change are driving the need for seeds with increased resilience, boosting the use of seed-coating materials in the North American agriculture industry.

For instance, Canada is the top destination for high-value agricultural exports from the United States, accounting for 24% of the market in 2022 and worth US$19.7 billion. Consumer-oriented agricultural goods are foods that are often sold in supermarkets and utilized in restaurants.

Company Products

  • Polyselect®, Germain Seed Technology’s seed coating polymer is available in 100, 300, and 500 series with different usage and properties. This range is a premix of polymer binder, opacifier, and dispersed pigment color. This provides the flexibility of dilution with increased shelf life and reduced water usage thus reducing storage and transportation costs.
  • Sepiret Seed Coatings provide dependable performance and contribute to sustainable agriculture practices by giving microplastic-free coating options that assist assure peace of mind from seed processing to planting. Sepiret Seed Coatings increase adhesion and dust management, allowing active ingredients (AIs) to be retained while also creating a smooth seed surface for better seed flow and drop accuracy.

Market Key Developments

  • In October 2023, Corteva, Inc. launched Straxan™ fungicide seed treatment in Canada, providing farmers with a ready-to-use and easy-to-apply formulation that combats common grain diseases.
  • In May 2022, Bayer Vietnam released Routine Start 280FS (Routine Start), a novel seed treatment solution that protects early-season rice seeds against rice blast fungus, therefore increasing crop output and resource efficiency for rice producers.
  • In February 2022, Xampla entered into a partnership with Croda International to develop microplastic-free and biodegradable seed coating. This project was backed by the UK government and the National Institute of  Agricultural Botany with an estimated £640,000 in funding. This project enables the development of completely natural coatings with no residue as the seeds grow.

Segmentation:

  • By Ingredient
    • Binders
    • Polymers
    • Seed Planting Lubricants
    • Fertilizers
    • Adjuvants
    • Colorants
  • By Crop Type
    • Grain and Cereal
    • Oilseed
    • Fruit and Vegetable
    • Others 
  • By Coating Type
    • Bio-based Coating
    • Synthetic Coating
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others 
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others 
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others 
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The seed coating materials market is estimated to reach a total market size of US$2.903 billion by 2029.
Rotary Actuator Market was valued at US$1.762 billion in 2022.
The global seed coating materials market is estimated to grow at a CAGR of 7.39% over the forecast period.
Efficient germination and agricultural product growth are the major factors driving the seed coating materials market growth.
North America accounted for a significant share of the seed coating materials market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. SEED COATING MATERIALS MARKET, BY INGREDIENTS

5.1. Introduction

5.2. Binders

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Polymers

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

5.4. Seed Planting Lubricant

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.4.3. Geographic Lucrativeness

5.5. Fertilizers

5.5.1. Market Trends and Opportunities

5.5.2. Growth Prospects

5.5.3. Geographic Lucrativeness

5.6. Adjuvants

5.6.1. Market Trends and Opportunities

5.6.2. Growth Prospects

5.6.3. Geographic Lucrativeness

5.7. Colorants

5.7.1. Market Trends and Opportunities

5.7.2. Growth Prospects

5.7.3. Geographic Lucrativeness

6. SEED COATING MATERIALS MARKET, BY CROP TYPE

6.1. Introduction

6.2. Grain and Cereal

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Oil Seed

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Fruit and Vegetables

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

6.5. Others

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.5.3. Geographic Lucrativeness

7. SEED COATING MATERIALS MARKET, BY COATING TYPE

7.1. Introduction

7.2. Bio-Based Coating

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Synthetic Coating

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

8. SEED COATING MATERIALS MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Ingredients

8.2.2. By Crop Type

8.2.3. By Coating Type

8.2.4. By Country

8.2.4.1. USA

8.2.4.1.1. Market Trends and Opportunities

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Trends and Opportunities

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Trends and Opportunities

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Ingredients

8.3.2. By Crop Type

8.3.3. By Coating Type

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.1.1. Market Trends and Opportunities

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Trends and Opportunities

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Trends and Opportunities

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Ingredients

8.4.2. By Crop Type

8.4.3. By Coating Type

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.1.1. Market Trends and Opportunities

8.4.4.1.2. Growth Prospects

8.4.4.2. Germany

8.4.4.2.1. Market Trends and Opportunities

8.4.4.2.2. Growth Prospects

8.4.4.3. France

8.4.4.3.1. Market Trends and Opportunities

8.4.4.3.2. Growth Prospects

8.4.4.4. Spain

8.4.4.4.1. Market Trends and Opportunities

8.4.4.4.2. Growth Prospects

8.4.4.5. Others

8.4.4.5.1. Market Trends and Opportunities

8.4.4.5.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Ingredients

8.5.2. By Crop Type

8.5.3. By Coating Type

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Trends and Opportunities

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Trends and Opportunities

8.5.4.2.2. Growth Prospects

8.5.4.3. Israel

8.5.4.3.1. Market Trends and Opportunities

8.5.4.3.2. Growth Prospects

8.5.4.4. Others

8.5.4.4.1. Market Trends and Opportunities

8.5.4.4.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Ingredients

8.6.2. By Crop Type

8.6.3. By Coating Type

8.6.4. By Country

8.6.4.1. China

8.6.4.1.1. Market Trends and Opportunities

8.6.4.1.2. Growth Prospects

8.6.4.2. Japan

8.6.4.2.1. Market Trends and Opportunities

8.6.4.2.2. Growth Prospects

8.6.4.3. India

8.6.4.3.1. Market Trends and Opportunities

8.6.4.3.2. Growth Prospects

8.6.4.4. South Korea

8.6.4.4.1. Market Trends and Opportunities

8.6.4.4.2. Growth Prospects

8.6.4.5. Taiwan

8.6.4.5.1. Market Trends and Opportunities

8.6.4.5.2. Growth Prospects

8.6.4.6. Thailand

8.6.4.6.1. Market Trends and Opportunities

8.6.4.6.2. Growth Prospects

8.6.4.7. Indonesia

8.6.4.7.1. Market Trends and Opportunities

8.6.4.7.2. Growth Prospects

8.6.4.8. Others

8.6.4.8.1. Market Trends and Opportunities

8.6.4.8.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Bayer CropScience AG

10.2. BASF SE

10.3. Clariant International

10.4. Croda International

10.5. Chromatech Incorporated

10.6. Germains Seed Technology

10.7. Brett Young

10.8. Precision Laboratories

10.9. Michelman


Bayer CropScience AG

BASF SE

Clariant International

Croda International

Chromatech Incorporated

Germains Seed Technology

Brett Young

Precision Laboratories

Michelman