The Seed Coating Colorants Global Market Report 2023, provides comprehensive information on the seed coating colorants market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Seed Coating Colorants Global Market Report 2023, the market size is expected to grow from $1.50 billion in 2022 to $1.58 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global seed coating colorants market size is expected to reach $1.91 billion in 2027 at a CAGR of 4.8%.
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Technological advancements are a key trend gaining popularity in the seed coating colorants market. Major companies in the market are introducing innovative products such as Flo Rite Pro 2805 coating polymer for seeds to sustain their position in the market. For instance, in June 2021, BASF, a Germany-based chemical company, launched a new generation Flo Rite 2805 coating polymer for seeds. The new polymer is based on BASF’s polymer technology that helps in the uniform application of herbicides, pesticides and insecticides on the seeds. The coating is very useful for coating soybean and pea seeds.
The seed coating colorants market is segmented:
1) By Type: Powder, Liquid
2) By Active Ingredients: Protectants, Phytoactive Promoters, Other Active Ingredients
3) By Process: Film Coating, Encrusting, Pelleting
4) By Application: Grains And Cereals, Oil Seeds, Fruits And Vegetables, Turf And Ornamentals, Other Applications
North America was the largest region in the seed coating colorants market in 2022.
The table of contents in TBRC’s seed coating colorants market report includes:
1. Executive Summary
2. Seed Coating Colorants Market Characteristics
3. Seed Coating Colorants Market Trends And Strategies
4. Seed Coating Colorants Market – Macro Economic Scenario
5. Seed Coating Colorants Market Size And Growth
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26. Africa Seed Coating Colorants Market
27. Seed Coating Colorants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Seed Coating Colorants Market
29. Seed Coating Colorants Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- BASF SE
- Sensient Technologies Corporation
- Chromatech Incorporated
- Globachem SA
- Bayer AG
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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