Dublin, Aug. 18, 2023 (GLOBE NEWSWIRE) -- The "Agricultural Coatings Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Category, By Coating Material, By Coating Type, By Application, By End Use, By Region and Competition" report has been added to ResearchAndMarkets.com's offering.
The Global Agricultural Coatings Market is poised for substantial growth in the coming years, driven by the surging demand for agricultural coated products, including coated seeds, fertilizer coatings, and pesticide products.
As the agricultural sector seeks innovative solutions to enhance productivity and protect crops, the utilization of agricultural coatings has gained momentum. These coatings encompass a spectrum of chemicals utilized for diverse applications. From lubricating machinery and tools to safeguarding seeds, fertilizers, and vehicles, agricultural coatings have become indispensable within the farming industry.
Moreover, their role extends to pest control, effectively combating nuisances like weeds. Beyond these applications, agricultural coatings play a pivotal role in packaging, ensuring food preservation by shielding against moisture and oxidation. Notably, the seed treatment sector has emerged as a dominant domain within agricultural coatings, offering protection against pests and diseases to bolster seed germination.
This proactive approach fosters increased crop output while minimizing the need for additional plant protection chemicals.
Rising adoption of Agricultural Coated Products
Agricultural coating plays a vital role in the farming sector. It helps in increasing crop production as well as also helping in the protection of crops and end products. Agricultural coatings are categorized based on seed, fertilizer, and pesticide coating. Many technical developments in the seed industry are helping to produce crops in a sustainable manner.
Seed coating is the application of exogenous materials onto the surface of seeds with the aim of improving seed appearance and handling characteristics and/or delivering active compounds that can protect the seed against phytopathogens and increase germination and plant growth.
The use of commercial seed technology by specialist applicators or seed companies is expanding. Recent developments have increased the usage of commercial seeds. Commercial applicators now more than ever need advanced technology because high-value seeds demand more complicated procedures. Thus, it is anticipated that greater commercial seed technology usage would raise the need for seed coating, consequently driving the growth of the Global Agricultural Coatings market.
In addition, solid fertilizers get a surface treatment called a coating, which might be liquid, solid, thermoplastic, or reactive. Although multi-nutrient fertilizers are occasionally employed, coatings are most frequently applied on granular or prilled nitrogen fertilizer. Coated fertilizers provide various advantages, such as lower costs and longer nutrient release, which results in more consistent plant nutrition, greater growth, and increased plant performance.
Moreover, to control the impact of pests and diseases, many people use pesticides which help to protect crops.
Serious concerns have been raised about the health risks associated with occupational exposure to pesticides as well as from residues in food and drinking water, even though pesticides are developed under strict regulatory processes to function with reasonable certainty and minimal impact on human health and the environment.
So to overcome this issue, research is going on agricultural coating to enhance crop productivity as well as reduce the impact of pesticides and synthetic chemicals on human health and the environment. Therefore, the use of various agricultural coatings to fight against these effects leads to the growth of Global Agricultural Coatings market in the forecast period.
Increasing government initiatives to spread awareness about the agricultural coating
The Global Agricultural Coating Market is expected to rise significantly because of rising demand for these coatings and increased government efforts to educate farmers. With the purpose of educating the public about the benefits of this coating, several governmental bodies have launched campaigns and initiatives.
The government has also provided financial aid for further study in this area. There is now a sizable untapped market with high demand because many farmers are not aware of all the benefits these coatings offer. As knowledge increases, more coatings created abroad will be available, boosting revenues for producers.
In addition, many government agencies promote fertilizer industries to focus on bio-based materials, which help to increase crop yield and reduce the effect of pesticides and chemicals on the crop. Therefore, increasing government initiatives regarding awareness about agricultural coating will lead to the demand for Global Agricultural Coatings Market during the projected period.
The polymer will be the Key Coating Material.
The film coating compositions known as polymers cover the seed or pellet with a thin, water-permeable polymer-based coating. The surface of the seed is smoothed with a small coating of polymer, improving flowability. It also affects how much water is absorbed and how well chemical fungicide treatments are followed.
The seed's raw weight is increased by 1% to 5% via film coating. The thin layer of polymer helps the additives stay on the seeds, prevents dusting and pollution, and improves the seed's look. Major agricultural colleges have tested the compatibility of several types of seeds with seed coating base polymer under varied conditions. It was discovered that using a seed-covering polymer significantly increased seed vigor and improved seed germination.
Water-absorbing polymer compounds with a high capacity for water absorption include superabsorbent polymers and polymer gels. They contribute to the success of the farm by enhancing seed germination and seedling development. These benefits have spurred interest in the market's polymers segment.
Additionally, the colorant is also on the demanding coating material in the agriculture application. Colorant coating material improves the health of seeds and meets the criteria of Codes of Federal Regulations (CFR). These materials are highly durable, heat stable, solvent resistant, lightfast, and migration fast.
All these factors increase the demands of Global Agricultural Coatings market in the forecast years
However, the agriculture industry is significantly impacted by climate change. In addition to decreasing disease and insect assaults, it aids in raising productivity. Crop loss is anticipated because of the impact that climate ambiguity will have on agricultural output. The climate has an impact on many agricultural crops, and on occasion, the climate itself promotes crop growth. Weather predictions are used to organize many agricultural activities, such as planting, irrigation, controlling crop diseases and pests, and harvest preparation.
For instance, common mustard crops normally flourish in mesic temperate zones; nevertheless, it is expected that their numbers will decrease because of global warming and rising aridity.
Increased aridity is anticipated to result in a decrease in the oil and seed yield of rapeseed crops which results in restraining the growth of the market. Additionally, in developed nations, the technology has long been in use. Technology is still quite new for developing countries. The lack of broad information about the advantages of technology in relation to application costs and environmental issues has severely slowed down the market growth.
Market Dynamics
Drivers
- Increasing adoption of Seed Coated Products
- Growing demand for biobased agricultural coating products
- Rising government initiatives to spread awareness about the agricultural coating
Market Trends & Developments
- Product Launches
- Merger's & Acquisitions
- Technological Advancements
Challenges
- Limited adoption of controlled-release technology
- Ambiguity in the climatic conditions
Competitive landscape
Company Profiles: Detailed analysis of the major companies in Global Agricultural Coatings Market.
- BASF SE
- Solvay SA
- Clariant AG
- Croda International Plc
- ICL Group Ltd
- Sollio Groupe Cooperatif
- PPG Industries
- Germains Seed Technology Inc
- Precision Laboratories, LLC
- Dorf Ketal Chemicals India Private Limited
Report Scope
Agricultural Coatings Market, By Category:
- Seed Coatings
- Fertilizer Coatings
- Pesticide Coatings
Agricultural Coatings Market, By Coating Material:
- Polymers
- Colorants
- Pellets
Agricultural Coatings Market, By Coating Type:
- Powder Coating
- Liquid Coating
Agricultural Coatings Market, By Application:
- Agricultural Vehicles
- Agricultural Machinery
- Agricultural Tools
- Others
Agricultural Coatings Market, By End Use:
- Insecticides
- Herbicides
- Fungicides
- Rodenticides
- Others
Agricultural Coatings Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Spain
- Italy
- Asia-Pacific
- China
- India
- South Korea
- Japan
- Australia
- South America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
For more information about this report visit https://www.researchandmarkets.com/r/nast8t
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