Top Ten Common Prejudices About Polyethylene Naphthalate Market.

The global seed coating market is predicted to be worth USD 1.8 billion in 2019 and is expected to increase at an annual rate of 8.5 percent through 2025, reaching USD 3.0 billion. The market is expected to rise due to rising demand for high-quality seeds, improved pest and disease resistance, ease of handling, and flowability via planters, among other factors.
The polymer section, which includes polymers, colourants, pellets, minerals/pumice, active ingredients, and other seed coating additives, had the biggest market share, followed by the pellets and colourants segments. Polymers are widely employed because of their ability to improve the nutritional value of seeds while also improving their look.
Cereals and grains are expected to continue to dominate the global market, followed by oilseeds and pulses, vegetables, and flowers and ornamentals, depending on crop varieties. Cereals and grains are likewise expected to be the fastest-growing crop category in the worldwide market. The use of coated seeds is becoming increasingly popular in areas where cereals, grains, oilseeds and pulses, and vegetables are grown in significant quantities. This has aided the expansion of the market for the aforementioned crop varieties.
Cereals, grains, oilseeds, and pulses, which are primarily used in the food and feed industries, are in high demand in North America and Europe. In the United States, favourable trade and price support policies have boosted cereal and oilseed imports and exports. Seed coatings are thought to be a risk-hedging strategy and a safe investment, which has resulted in increased sales of coated seeds in the North American market. Key manufacturers in the cereals & grains, oilseeds & pulses, and oilseeds & pulses food processing industries are focusing on meeting customer needs, which are transitioning to the consumption of health-enriching food products in North America.
However, due to European Union (EU) prohibitions on chemical-based seed coatings, which result in the accumulation of non-degradable waste in the soil, countries in Europe are seeing a significant demand for biodegradable seed coating materials. Coatings standards are becoming more stringent, and the cost of raw materials is rising, driving manufacturers to cut costs, affecting the ultimate price of seed coating materials on the market.
BASF SE (Germany), Bayer (Germany), Clariant AG (Switzerland), Croda International PLC (UK), Sensient Technologies (US), BrettYoung Seeds Limited (Canada), Precision Laboratories LLC (US), Germain Seed Technology, Inc (US), and Centor Oceania are some of the leading competitors in the seed coating industry (Australia). To achieve a competitive edge through combined synergies, most important participants are expanding in multiple regions through new product launches, collaborations, and acquisitions around the world. The seed coating materials market has grown in popularity since 2017, especially in developing countries like India, China, Mexico, and Brazil. They've also got
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