The Business Research Company’s report on the Agricultural Coatings Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the agricultural coatings market?
Increasing crop production is expected to drive the growth of the agricultural coatings market going forward. Crop production refers to the growing and harvesting of plants for food, fiber, and various agricultural products. Increasing crop production is driven by several factors, including population growth, food security, and economic development. Coatings designed for gradual nutrient release ensure that plants receive essential elements like nitrogen, phosphorus, and potassium throughout their growth cycle, maximizing nutrient uptake and reducing waste, which contributes to better crop growth. Coatings designed for gradual nutrient release ensure that plants receive essential elements like nitrogen, phosphorus, and potassium throughout their growth cycle, maximizing nutrient uptake and reducing waste, which contributes to better crop growth. For instance, in June 2024, according to the Department for Environment Food & Rural Affairs a UK-based government Department, In 2023, the largest value increase in a crop item was in potatoes, which saw an increase of £237 million ($296.25 million), or 30.8%, from 2022, bringing the total to £1,005 million ($1.26 billion) in 2023. Therefore, increasing crop production is driving the growth of the agricultural coatings market.
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How has the agricultural coatings market size evolved, and what are the latest forecasts for its expansion?
The agricultural coatings market size has grown strongly in recent years. It will grow from$4.17 billion in 2024 to $4.56 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increased demand for crop protection, regulatory compliance, enhanced productivity, global agricultural trends, and market expansion
The agricultural coatings market size is expected to see strong growth in the next few years. It will grow to “$6.48 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to sustainable agriculture practices, climate change adaptation, bio-based and organic coatings, global population growth, market innovation and research. Major trends in the forecast period include advanced formulations and technologies, sustainable and eco-friendly solutions, precision agriculture integration, smart coatings and IoT integration, customization for varied agricultural applications.
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Which major companies dominate the agricultural coatings market?
Major companies operating in the agricultural coatings market include BASF SE, Bayer AG, Clariant International Ltd., Croda International Plc, Sensient Technologies Corporation, Germains Seed Technology Ltd., Precision Laboratories LLC, Pursell Agri-Tech LLC, The Arkema Group, Michelman Inc., Huntsman Corporation, Momentive Performance Materials Inc., Eastman Chemical Company, The Dow Chemical Company, Akzo Nobel N.V., Magna International, Aisin Corporation, Continental AG, Brose Fahrzeugteile SE & Co. KG, Johnson Electric Holdings Ltd., Huf Hülsbeck & Furst GmbH & Co., Plastic Omnium Group, Stabilus GmbH, Faurecia SE, Autoease Technology
What trends will shape the future of the agricultural chelates market?
Technological advancements are a key trend in the agricultural coatings market. Major players operating in the agricultural coatings market are concentrating their efforts on introducing new and advanced technologies to strengthen their position in the market. For instance, in March 2022, Germains Seed Technology, a UK-based provider of seed technology solutions, launched Spinach Goseed, a nutrient-rich coating technology and bio-stimulants created specifically for spinach to enable plants to more effectively handle abiotic stress. Spinach Goseed focuses on enhancing early plant nutrition throughout the plant’s emergence and early growth stages to ensure its success in a variety of growing situations. In each of the multiple trials, spinach goseed produced an average of 21% more final yields, 30% better plant stand, and 31% better emergence. With this technology, the company embraces the next generation of seed health technology solutions that give more natural plant-supporting options by fusing carefully chosen nutrients with bio-stimulants and other micro-ingredients.
Which region dominates the agricultural coatings market, and what factors contribute to its leadership?
North America was the largest region in the agricultural coatings market in 2024. The regions covered in the agricultural coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How is the agricultural coatings market segmented, and which segment holds the largest share?
The agricultural coatings market covered in this report is segmented –
1) By Category: Seed Coatings, Fertilizer Coatings, Pesticide Coatings
2) By Coating: Polymers, Colorants, Pellets
3) By Coating Type: Powder Coating, Liquid Coating
4) By Application: Agricultural Vehicles, Agricultural Machinery, Agricultural Tools, Other Applications
5) By End use: Insecticides, Herbicides, Fungicides, Rodenticides, Other Pesticide Coatings
Subsegments:
1) By Seed Coatings: Coloring Agents, Fungicides, Insecticides, Nutritional Coatings, Polymer Coatings
2) By Fertilizer Coatings: Controlled-Release Coatings, Slow-Release Coatings, Water-Soluble Coatings
3) By Pesticide Coatings: Microencapsulation Coatings, Controlled-Release Coatings, Liquid Coatings
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How is the agricultural coatings market defined, and what are its core characteristics?
Agricultural coatings can be defined as substances that are used to provide chemical resistance and protect edible products from harmful chemicals. Agricultural coatings are used to protect agricultural tools so that they can provide long-lasting and optimal performance.
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