Los Angeles, CA -- (SBWire) -- 02/03/2019 --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.
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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.
The global Seed Coating Agent market is valued at 2150 million US$ in 2018 is expected to reach 3480 million US$ by the end of 2025, growing at a CAGR of 6.2% during 2019-2025.
This report focuses on Seed Coating Agent volume and value at global level, regional level and company level. From a global perspective, this report represents overall Seed Coating Agent market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Bayer
Syngenta
Basf
Cargill
Rotam
Germains Seed Technology
Croda International
BrettYoung
Clariant International
Precision Laboratories
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Seed Coating Agent Market: Key Player Trends, Analysis and Forecast to Grow CAGR at 6.2% During 2019-2025
Seed Coating Agent Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.