Leading Agricultural Coatings Seed Coating Type Markets Databank

Leading Agricultural Coatings Seed Coating Type Markets Databank

The Agricultural Coatings market was valued at $3,615.6 Million in 2020, and is projected to reach $6,165.8 Million by 2029 growing at a CAGR of 6.16% from 2021 to 2029. Polymers segment is expected to be the highest contributor to this market, with $1,389.9 Million in 2020, and is anticipated to reach $2,496.2 Million by 2029, registering a CAGR of 6.77%. Pellets segment is anticipated to reach $1,494.1 Million by 2029 with the highest CAGR of 7.16%. Polymers and Colorants segments collectively expected to account for about 61.2% share of the Agricultural Coatings market in 2020, with the former constituting around 38.4% share. Pellets and Polymers segments are expected to witness significant growth rates at a CAGR of 7.16% and 6.77% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 60.7% in the overall Agricultural Coatings market in 2020, and is anticipated to reach 64.7% by 2029.