(Food-Beverage-News.Com, May 04, 2017 ) As per the syndicated report published by Market Data Forecast “Europe Seed Coatings Material Market” which is estimated to be USD 220 million in 2016 is poised to reach USD 315.99 million by 2021, at a CAGR of 7.51% from 2016 to 2021.
It can be attributed to the factors such as demand of farmers for high quality seeds as well as supportable agricultural practices. However certain challenges like disposability of coating materials and environmental concerns must be dealt with to attain the full potential. The European region is predicted to exhibit evident growth in the mentioned period in the market of seed coatings materials.
Seed coating is used for improving seed performance by adding chemicals in order to shield the seeds from pathogens. It helps to generate products that are safer for both operators as well as the environment. Importance of seed coatings is to ensure proper plant ability, greater rates of seeding and inhibit doubles.
Europe Seed Coatings Material Market is segmented based on type, and application as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Application: -Cereals & Grains -Fruits & Vegetables -Flowers & Ornaments -Oilseeds & Pulses
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). As per the study France and Germany are poised to dominate the market share and also be the fastest growing markets in the region.
Platform Specialty Products Corporation, Croda International PLC, Precision Laboratories LLC, INCOTEC Group BV, BrettYoung Seeds Limited, Keystone Aniline Corporation, BASF SE, Clariant AG, Bayer CropScience AG and Germains Seed Technology Inc. are the major players operating in the Europe Seed Coatings Material Market. According to recent report, Croda International is set to acquire Incotec Group BV for an amount of USD 164 millions.
The Seed Coatings Material market study offers the following deliverables: •Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
•Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
•Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
•Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porter’s Five Forces Analyses
•Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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