Major benefits allied with seed coating material consist of high yield per hectare, slow seeding rate and multicomponent product, which are fuelling the growth for seed coating material market across the region. This growth is specially witnessed in the developing regions, where agriculture is the major provider to the large economy.
Rising population across the region has created the necessity for the production of amplified agricultural crops, which is likely to fuel the demand of seed coating material market over the forecast period. Additionally, to have fewer impacts on the environment and protective crops, the seed coating market is estimated to flourish in the near future. Compatibility with active ingredient or dye is anticipated to hinder the market growth.
Latin America market for Seed Coatings Material is segmented by type into Polymers, Colorants, Pellets and Minerals/Pumice. Based on application the market is bifurcated among Cereals & Grains, Fruits & Vegetables, Flowers & Ornamentals and Oilseeds & Pulses. Polymers type is further sub segmented into Polymer Gels and Superabsorbent Polymer Gels. 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.
Geographically the market is segmented into Mexico, Brazil and Argentina. Due to rapid increase in population and hence rise in demand for seeds in Brazil is driving its seed coatings material market.
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.).
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
