Europe Seed Coating Materials Market - Growth, Trends and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Agriculture | No. of Pages - 134 | Published By - Mordor Intelligence

Report Highlights

The European Seed coating market is expected to grow at a CAGR of 8.8% during the forecast period 2016-2021; the market value for the year 2015 is reported to be $260.3 million. Seed coating is enhancing seed performance by addition of chemicals to protect the seed from pathogens. It creates products that are both safer for users and the environment.  Importance of seed coatings is to ensure proper plantability, enhanced seeding rates and prevent doubles.  

Catering the demands of farmers for high quality seed is becoming difficult for manufacturers with rising demand for seeds. This situation has generated an opportunity for seed coating companies. The benefits of seed coating like low seeding rate and less seedling damage are leading to more manufacture of coated seeds it is  one of the simplest, safest, and most effective ways to treat any seed. Seed coating materials market in Europe is driven by factors like seed technology development, low risk investment and adaption of advanced farming technologies that necessitates the use of seed coating. While sustainable agricultural practices will lead to higher demand of seed coatings, disposability of coating materials and environmental concerns would create obstacle for market growth.

The European seed coating materials market is segmented on the basis of type, application and geography. By product type, the market is explained by polymers, colorants, binders etc. Polymer has the largest market share among coating material type and is projected to grow with the increasing demand for coated seeds in the agriculture industry. Colorant is another important material accounting for around one-fourth of all the seed coatings materials used. The application of coating material is more in cereals and grain seeds accounting for more than 40% of the market share. Economic growth and industrialization of seed industry are major factors responsible for growth in the region.

Europe is the second largest consumer of seed coating products after North America 2015. The key players are focusing to expand their business in small, developing nations of the regions. Acquisitions, agreements & joint ventures are the major strategies adopted by major players. Major players active in Europe market are- Bayer Cropscience AG, BASF SE, Germains Seed Technology, Brettyoung, Clariant International Ltd  etc.

In this report we offer,

Market analysis for the Europe Seed Coating Materials Market, with region specific assessments and competition analysis on global and regional scales.

Market definition along with the identification of key drivers and restraints

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale

Extensively researched competitive landscape section with profiles of major companies along with their market shares

Identification and analysis of the macro and micro factors that affect the Europe Seed Coating Materials Market on both global and regional scales

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

 

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