North America Seed Coatings Material Market worth to reach $560.62 million by 2021


Posted November 23, 2017 by Mounika09

The North America Seed Coatings Material Market was worth $396 million in 2016 and estimated to be growing at a CAGR of 7.2%, to reach $560.62 million by 2021.

 
Seed coating materials offer excessive help to increase the commercial value of the seeds by improving the appearance of the seeds, refining the nutritious value of the seeds making them more productive and helping in the application of biological seed protectants to elude crop destruction.


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Nutritive value, Quality and appearance of the seeds have been of prominence to the growth of the Seed Coating Materials Market. Seed coating materials will be observed as a business prospect in the next few years. As a result, many multinational companies have moved into the manufacture of diverse types of seed coating materials. High cost of seed coatings material is restraining the market growth.


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North America market for Seed Coatings Material is segmented by type into Polymers, Colorants, Pellets and Minerals/Pumice. Based on application the market is bifurcated among Cereals & Grains, Fruits & Vegetables, Flowers & Ornamentals and Oilseeds & Pulses. Polymers type is further sub segmented into Polymer Gels and Superabsorbent Polymer Gels. Polymers are used on a big measure owing to their practical qualities which help in the germination of seeds and improve the seed performance leading to greater crop yield. The seed coating materials market is led by the cereals & grains segment, the demand for cereals and grains is endlessly increasing as it is a vital part of the everyday meal of rising population.


Scope of the report:

Global, regional and country-level analysisand forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC)in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development


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Geographically the market is segmented into USA and Canada. The U.S. and Canada constituted the largest country markets in the North American region.



Major companies known in the seed coating materials market include Platform Specialty Products Corporation (U.S.), Croda International PLC (U.K.), Precision Laboratories LLC (U.S.), INCOTEC Group BV (The Netherlands), BrettYoung Seeds Limited (Canada), Keystone Aniline Corporation (U.S.), BASF SE (Germany), Clariant AG (Switzerland), Bayer CropScience AG (Germany) and Germains Seed Technology Inc. (U.K.).



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Last Updated November 23, 2017