According to the research report titled ‘Global Seed Coating Material Market Size study, by Ingredient (Polymers, Colorants, Binders) by Application (Grain and Cereal Seed Coating Materials, Oilseed Seed Coating Materials, Fruit & Vegetable Seed Coating Materials, Other Crop Seed Coating Materials) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global seed coating material market is anticipated to garner sizeable returns by 2027.
 

Rapid technical breakthroughs and expansion in agriculture vertical is the major growth catalyst for global seed coating material market.
 

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For the uninitiated, seed coatings are a protective covering applied to protect the seed from insects, rodents, pests, and other dangerous critters that might otherwise damage the crop's growth. Rising private-sector investments in the field, and growing knowledge of genetically modified crops are expected to boost market growth over the forecasted period.
 

However, the revenue inflow would be hampered by a lack of experienced professionals, and an increase in the frequency of crop diseases around the world, arresting the industry expansion over projection period of 2021-2027.
 

In terms of ingredient, the marketplace is categorized into colorants, polymers, and binders. On the basis of application spectrum, global seed coating material market is fragmented into oilseed seed coating materials, fruit & vegetable seed coating materials, grain & cereal seed coating materials, and others. The report includes information on each segment's industry share, as well as their growth rate and revenue contribution for the forecast period.
 

Considering the regional landscape, the document thoroughly studies the market trends in North America, Asia Pacific, Europe, Latin America, and rest of the world. Among these, North America holds a significant market share at present, owing to supportive government rules. On the other hand, Asia Pacific market is predicted to register a strong CAGR during through 2027. The expansion is attributed to numerous developments in the flourishing agriculture sector. 
 

The major players in worldwide seed coating material marketplace are BASF SE, Bayer CropScience LLC, Precision Laboratories, Clariant AG, Croda International plc, Germains Seed Technology, Chromatech Incorporated, Incotec Group BV, and Chemtura Corporation.