Product Type (Polymer, Colorant, Binders, Minerals/Pumice, Others)
Polymer segment is likely to capture around 45.5% seed coating materials market share by the end of 2037, owing to its excellent properties and versatility. Moreover, the awareness of environmentally friendly practices has created a new wave of interest in biodegradable polymers as alternatives to traditional coatings. Precision agriculture further boosts demand for complex polymer coatings that allow nutrient delivery in a tailored way to improve seed establishment under various conditions of the soil. For instance, in October 2024, at the Euroseeds Congress in Copenhagen, Denmark, Incotec launched Disco Blue L-1523, the company's newest microplastic-free film coat for sunflower seeds.
Crop Type (Cereals & Grains, Fruits & Vegetables, Flowers & Ornaments, Oilseeds & Pulses, Others)
Cereals & grains in the seed coating materials market have the potential to dominate the crop type segment, owing to high-quality seed demand and the increasing adoption of precision agriculture. In December 2023, the world's population is expected to reach 10 billion by the end of 2050, as a result, there will be a significant increase in demand for rice in the coming decades. To feed the world's growing population and maintain food security, cereal output with proper coating is expected to rise drastically. Cereals and grains would continue to lead demand as sustainable agricultural practices along with high-yielding crop varieties continue to gain ground. In addition, it improves resistance to environmental stressors and increases seed germination rates.
Our in-depth analysis of the global market includes the following segments:
Product Type |
|
Crop Type |
|
Author Credits: Parul Atri
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?