Seed Coating Materials Market - Forecast(2021 - 2026)
Seed coating is the process of coating seeds directly with various materials such as fertilizers, repulsive agents like crop protection chemicals, plant growth regulators among many others. The primary purpose of seed coating material is to ensure rapid multiplication and timely supply of crop at affordable prices. The other benefits related with seed coating material include increased yield per hectare, low seeding rate, multicomponent product and others, which are increasing the demand for seed coating material across the globe. This growth is mainly witnessed in the developing countries, where agriculture is the prime contributor to the total economy of the country. Seed coating material market is classified on the basis of type which includes colorant, binder, polymers and other additives. The polymer segment occupies the highest share in terms of revenue in the seed coating material market during the period from 2016 to 2021. The usage of polymer improves the efficiency of plant...