Agricultural Coatings Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028

Agricultural Coatings Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028

Introduction

The Global Agricultural Coatings Market is anticipated to grow significantly through 2028 due to the growing demand for agricultural coated products such as coated seed, fertilizer coated, and pesticide products. In 2017, the value of the corn seed treatment market was estimated to be around USD 0.63 billion.

Sustainable Development Goals (SDGs)

1. Goal 2: Zero Hunger
2. Goal 3: Good Health and Well-being
3. Goal 12: Responsible Consumption and Production
4. Goal 13: Climate Action
5. Goal 15: Life on Land

Segmentation

• Category:
  • Seed Coatings
  • Fertilizer Coatings
  • Pesticide Coatings
• Coating Material:
  • Polymers
  • Colorants
  • Pellets
• Coating Type:
  • Powder Coating
  • Liquid Coating
• Application:
  • Agricultural Vehicles
  • Agricultural Machinery
  • Agricultural Tools
  • Others
• End Use:
  • Insecticides
  • Herbicides
  • Fungicides
  • Rodenticides
  • Others

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.

Recent Developments

• In September 2022, Corteva Agriscience launched seed coating technology for paddy crops to fight pests such as leaf folders and yellow stem borer.
• In 2023, DPH Biologicals launched a multi-action biological fungicide seed treatment, BellaTrove Companion Maxx ST, that helps seedlings fight pathogens and ensures healthy root systems.
• In 2022, Croda International Plc & Cambridge University announced the production of biodegradable, microplastic-free seed coatings.
• Ingevity provides a variety of pine chemicals that can be used as tackifiers or to enhance the longevity of the fertilizer granule coating.

Increasing Government Initiatives

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.

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. The thin layer of polymer helps the additives stay on the seeds, prevents dusting and pollution, and improves the seed’s look.

Market Segmentation

Global Agricultural Coatings Market is segmented based on category, coating material, coating type, application, end-user, and region.

Company Profiles

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 are some of the key players of Global Agricultural Coatings Market.

Conclusion

The Global Agricultural Coatings Market is expected to witness significant growth in the coming years due to the increasing demand for agricultural coated products and government initiatives to spread awareness about these coatings. The use of sustainable materials and technologies in agricultural coatings aligns with the Sustainable Development Goals (SDGs) and contributes to achieving goals such as zero hunger, good health and well-being, responsible consumption and production, climate action, and life on land.

SDGs, Targets, and Indicators

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 2: Zero Hunger
• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action

The article discusses the agricultural coatings market and its impact on crop production, food preservation, and environmental sustainability. These issues are directly related to SDG 2, which aims to end hunger, achieve food security, improve nutrition, and promote sustainable agriculture. Additionally, the article mentions the use of biodegradable seed coatings and bio-based materials, which align with SDG 12’s target of promoting sustainable consumption and production. Finally, the article highlights the impact of climate change on agriculture, linking it to SDG 13’s goal of taking urgent action to combat climate change and its impacts.

2. What specific targets under those SDGs can be identified based on the article’s content?

• Target 2.4: By 2030, ensure sustainable food production systems and implement resilient agricultural practices that increase productivity and production.
• Target 12.4: By 2020, achieve environmentally sound management of chemicals and all wastes throughout their life cycle.
• Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.

The article emphasizes the use of agricultural coatings to improve crop production and protect crops from pests and diseases, aligning with Target 2.4 of SDG 2. It also mentions the development of biodegradable seed coatings and bio-based materials, which contribute to Target 12.4 of SDG 12 by promoting environmentally sound management of chemicals. Additionally, the article discusses the impact of climate change on agriculture, highlighting the need to strengthen resilience and adaptive capacity, which relates to Target 13.1 of SDG 13.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

• Indicator 2.4.1: Proportion of agricultural area under productive and sustainable agriculture.
• Indicator 12.4.1: Number of parties to international multilateral environmental agreements on hazardous waste.
• Indicator 13.1.1: Number of deaths, missing persons, and directly affected persons attributed to disasters per 100,000 population.

The article does not explicitly mention these indicators, but the concepts discussed in the article can be used to measure progress towards these indicators. For example, the adoption of sustainable agricultural practices and the use of environmentally friendly coatings can contribute to Indicator 2.4.1. The development of biodegradable seed coatings and bio-based materials can be considered as progress towards Indicator 12.4.1. The article’s discussion on climate change and its impact on agriculture can be used to monitor progress towards Indicator 13.1.1.

Table: SDGs, Targets, and Indicators

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: finance.yahoo.com

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