Agricultural Coatings Market -will witness a CAGR of 7.50% , Industry Trends, Market Worth

Data Bridge Market Research analyses that the Agricultural Coatings market will witness a CAGR of 7.50% for the forecast period of 2021-2028. Growth in the demand for agricultural coatings especially in the developing economies like India and China, growing use of agricultural coatings for a wide range of end user applications such as insecticides, herbicides, fungicides, rodenticides and other pesticide coatings, growth and expansion of agricultural sector and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the agricultural coatings market. Therefore, the agricultural coatings market value, which was USD 3,100 million in 2020, would stand tall by USD 5,528.78 million by 2028.

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Global Agricultural Coatings Market Scope and Market Size

The agricultural coatings market is segmented on the basis of category, coating, coating type, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

·         On the basis of category, the global agricultural coatings market is segmented into seed coatings, fertilizer coatings, and pesticide coatings.

·         On the basis of coating, the agricultural coatings market is segmented into polymers, colorants, and pellets.

·         On the basis of coating type, the agricultural coatings market is segmented into powder coating and liquid coating.

·         On the basis of application, the agricultural coatings market is segmented into agricultural vehicles, agricultural machinery, agricultural tools and others.

·         On the basis of end use, the agricultural coatings market is segmented into insecticides, herbicides, fungicides, rodenticides and other pesticide coatings.

Competitive Landscape and Agricultural Coatings Market Share Analysis

The agricultural coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to agricultural coatings market.

The major players covered in the agricultural coatings market report are BASF SE, Bayer AG, Clariant, Croda International Plc, Sensient Technologies Corporation, Germains Seed Technology, Milliken & Company., Precision Laboratories, LLC, Pursell Agri-Tech, Novochem Group, Dorf Ketal Chemicals (I) Pvt. Ltd., Deltachem., ICL, Arkema, SQM S.A., Mosaic, Nutrien Ltd., Vivify, Evonik Industries AG and Encapsys, LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Agricultural Coatings Market Country Level Analysis

The agricultural coatings market is analysed and market size, volume information is provided by country, category, coating, coating type, application and end use as referenced above.

The countries covered in the agricultural coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the agricultural coatings market owing to the increase in the demand for high-yielding and disease-resistant crops. Asia-Pacific will continue to undergo substantial gains during the forecast period and register the highest CAGR owing to the high economic growth in the emerging countries, growth and expansion of agricultural industry in this region, surging research and development activities and abundant availability of raw materials.

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