Europe seed coatings material market was valued at USD 314.16 million in 2023 and is anticipated to reach USD 337.75 million in 2024 from USD 602.82 million by 2032, estimated to be growing at a CAGR of 7.51%, from 2024 to 2032. The European region is expected to witness significant growth in the forecast period for seed coatings material market.
Seed coating improves seed performance by adding chemicals to shield the seed from pathogens. It generates products that are both safer for operators and the environment. Seed coatings are important for certifying proper playability, achieving greater seeding rates, and inhibiting doubles.
Outfitting the demands of farmers for high-quality seeds is becoming problematic for producers with increasing demand for seeds. This state has generated an opportunity for seed coating firms. While supportable agricultural practices will lead to greater demand for seed coatings, disposability of coating materials and environmental worries would produce hindrances to market growth.
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.
Germany and France are the leading markets in the European region and are anticipated to grow at a high CAGR during the forecast period.
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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