Fmi: Seed Coating Material Market Segments, Opportunity, Growth and Forecast by End-Use Industry 2015-2025

Seed coating is a process in which seeds are directly coated with various material such as fertilizers, repulsive agents, crop protection chemicals plant growth regulators and others, which offers both aesthetic and environmental benefits. The primary goal of seed coating material is rapid multiplication and timely supply of crop at reasonable price. Other benefits associated with seed coating material include high yield per hectare, low seeding rate, multicomponent product and others, which are driving the demand for seed coating material across the globe. This growth is especially observed in the developing regions, where agriculture is the prime contributor to the overall economy.

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Seed Coating Material Market Segmentation
Seed coating material market is segmented on the basis of type which includes, colorants, binders, polymers and other additives. Among all the above segments polymer is expected to account for the major share in terms of revenue contribution in seed coating material market during the forecast period. Higher efficiency to improve plant ability and durability of seeds is expected to support the growth of polymer seed coating material during the forecast period. Apart from polymer, binders are also expected to show a substantial growth in next five to six years. Many different compounds are used in binders which includes various starches, sugars, cellulose, vinyl polymers, clay, gum arabic, and others. However, binder concentration is critical as too much binding delays germination, while too little binding can cause chipping and cracking of pellets in the planter box. This causes skips or wide gaps in the plant rows.

Seed coating material market is also segmented on the basis of crop type which includes fruits & vegetables, cereals & grains, oilseeds, and others. Among all these product type cereals and grains is expected to account for the highest...