Agricultural Coating Trends and Forecast
The future of the global agricultural coating market looks promising with opportunities in the insecticides, herbicides, fungicides, and rodenticides markets. The global agricultural coating market is expected to reach an estimated $5.1 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are growing demand for agricultural output, protection from pests & diseases in order to encourage the use of seed coated products, improvements and benefits derived from seed technology, along with growing demand for food by the ever-increasing population.Agricultural Coating by Segment
The study includes a forecast for the global agricultural coating by category, coating material, application, end use, and region.Agricultural Coating Market by Category [Shipment Analysis by Value from 2018 to 2030]:
- Seed Coatings
- Fertilizer Coatings
- Pesticide Coatings
Agricultural Coating Market by Coating Material [Shipment Analysis by Value from 2018 to 2030]:
- Polymers
- Colorants
- Pellets
Agricultural Coating Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Agricultural Vehicles
- Agricultural Machinery
- Agricultural Tools
- Others
Agricultural Coating Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Insecticides
- Herbicides
- Fungicides
- Rodenticides
- Others
Agricultural Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Agricultural Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural coating companies profiled in this report include:- BASF SE
- Bayer AG
- Clariant Technologies
- Croda International
- Sensient Technologies
- Germains Seed Technology
- Milliken Chemical
- Precision Laboratories
- Pursell Agri-tech
- Novochem Group
Agricultural Coating Market Insights
The report forecasts that seed coatings is expected to witness the highest growth over the forecast period.Within this market, insecticides is expected to witness the highest growth due to growing the adoption of insecticides for crop protection.
North America is expected to witness the highest growth over the forecast period due to adoption of cutting-edge agricultural techniques and the rising need for sustainable agriculture, along with rise in the demand for high-yielding and disease-resistant crops.
Features of the Global Agricultural Coating Market
- Market Size Estimates: Agricultural coating market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Agricultural coating market size by category, coating material, application, end use, and region in terms of value ($B).
- Regional Analysis: Agricultural coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different category, coating material, application, end use, and regions for the agricultural coating market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural coating market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the agricultural coating market size?Answer: The global agricultural coating market is expected to reach an estimated $5.1 billion by 2030.
Q2. What is the growth forecast for agricultural coating market?
Answer: The global agricultural coating market is expected to grow with a CAGR of 7.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the agricultural coating market?
Answer: The major drivers for this market are growing demand for agricultural output, protection from pests & diseases in order to encourage the use of seed coated products, improvements and benefits derived from seed technology, along with growing demand for food by the ever-increasing population.
Q4. What are the major segments for agricultural coating market?
Answer: The future of the global agricultural coating market looks promising with opportunities in the insecticides, herbicides, fungicides, and rodenticides markets.
Q5. Who are the key agricultural coating market companies?
Answer: Some of the key agricultural coating companies are as follows:
- BASF SE
- Bayer AG
- Clariant Technologies
- Croda International
- Sensient Technologies
- Germains Seed Technology
- Milliken Chemical
- Precision Laboratories
- Pursell Agri-tech
- Novochem Group
Answer: The report forecasts that seed coatings is expected to witness the highest growth over the forecast period.
Q7. In agricultural coating market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period due to adoption of cutting-edge agricultural techniques and the rising need for sustainable agriculture, along with rise in the demand for high-yielding and disease-resistant crops.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisherl provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the agricultural coating market by category (seed coatings, fertilizer coatings, and pesticide coatings), coating material (polymers, colorants, and pellets), application (agricultural vehicles, agricultural machinery, agricultural tools, and others), end use (insecticides, herbicides, fungicides, rodenticides, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Agricultural Coating Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- BASF SE
- Bayer AG
- Clariant Technologies
- Croda International
- Sensient Technologies
- Germains Seed Technology
- Milliken Chemical
- Precision Laboratories
- Pursell Agri-tech
- Novochem Group
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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