The global agricultural coatings market size is estimated to be valued at USD 3.7 billion in 2021 and is expected to reach a value of USD 5.3 billion by 2026, growing at a CAGR of 7.3% in terms of value during the forecast period. Factors such as the rising need to increase agricultural productivity and favorable government policies and regulations are some of the factors driving the growth of agricultural coatings.
Polymer coatings, a segment of fertilizer coating dominated the fertilizer coatings market and is projected to grow at the highest CAGR between 2021 and 2026 in Asia Pacific region
Over the last two decades, the fertilizer industry in most countries of the Asia Pacific region has shifted its focus from developing fertilizer grades to technology upgradation, management, and sustainability of fertilizers. Asia is the most sulfur deficient region in the world, according to The Sulphur Institute, US. Therefore, the use of fertilizers, especially sulfur, is becoming a common practice in countries such as India, China, and other emerging markets that include Thailand and Indonesia. Thus, the Asia Pacific region holds a significant position in the global fertilizers market. The increase in the growth of fertilizers is also due to their applications in precision and advanced systems of farming. This in turn has led to increased demand for fertilizers coatings in the region.
The market for insecticides segment of pesticides coatings is projected to account for the largest share during the forecast period
The pesticide coatings market, by application, was dominated by insecticides. The research & development of pesticide coatings is mainly concentrated on insecticides, followed by herbicides. Due to this trend and the registration & commercialization of new varieties of microencapsulated insecticides, the insecticides segment is projected to grow at a high CAGR, and it occupies a large share in the market.
Insecticides are used to protect crops against the eggs and larvae of insects. Insecticides have various modes of action and can be classified into systemic, contact, and plant-incorporated. They are commonly used to maintain the quality of crop yield by protecting it from insects.
For manufacturing microencapsulated insecticides, mostly the interfacial polymerization method is used. These insecticide formulations are enclosed in a polymeric wall, which protects the active ingredient from extreme weather conditions and thus provides timely release of the active ingredient. Microencapsulated insecticides such as CyhaloCap CS, Onslaught microencapsulated insecticide, and Fendona CS provide residual control of insect pests.
North America is the highest growing market during the forecast period in the agricultural coatings market
North America dominated the agricultural coatings market due to the increasing awareness for specialty crops, which has led to the production of more vegetables under protected cultivation. According to the American Seed Trade Association (ASTA) 2017, there is a presence of more than 750 seed companies in the US, which makes the country one of the most lucrative markets for seed coating in this region. Also, according to the International Seed Federation 2015, ISF, the US was the largest and most diverse seed planting market, followed by China, France, Brazil, and India. This in turn has increased the demand for the seed coatings market. Similarly, with the growing demand for fertilizers and pesticides, the demand for fertilizer coatings and pesticide coatings is projected to increase during the forecast period.
The breakup of the profiles of primary participants is as follows:
- By Manufacturers: Tier 1 - 45%, Tier 2 - 33%, and Tier 3 - 22%
- By Designation: CXOs - 45%, Directors - 33%, Others - 22%
- By Geography: Asia Pacific - 50%, Europe - 15%, North America - 10%, South America - 13%, and RoW - 12%
Some of the major players in the market include BASF SE (Germany), Bayer AG (Germany), Clariant Technologies (Germany), Croda International Plc (UK), Sensient Technologies (US), Germains Seed Technology (UK), Milliken Chemical (US), Precision Laboratories (US), Pursell Agri-tech (US), Novochem Group (Netherlands), Dorfketal (India), Deltachem (Germany), Israel Chemicals Ltd (Israel), Arkema (France), SQM (Chile), Mosaic (US), Nutrien Ltd (Canada), Aakash Chemicals, Evonik Industries (Germany) and Encapsys LLC (US).
Research Coverage
The report segments the agricultural coatings market based on category, seed coatings, fertilizer coatings, pesticides coatings, and region. In terms of insights, this report has focused on various levels of analyses - competitive landscape, end-use analysis, and company profiles - which together comprise and discuss views on the emerging & high-growth segments of the agricultural coatings markets’ high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to Buy the Report:
- Illustrative segmentation, analysis, and forecast pertaining to the agricultural coatings market based on category, seed coatings, fertilizer coatings, pesticides coatings, and region have been conducted to provide an overall view of the agricultural coatings market
- Major drivers, restraints, and opportunities for the agricultural coatings market have been detailed in this report.
- A bird’s eye view of the pricing, trade situation, technological changes, and market ecosystem has been provided in the report.
- Detailed insights into the competitive landscape have been provided for established players in the industry.
- Breakdown of the market share of major players in the agricultural coatings market has been provided after analyzing the segmental revenue, product portfolio, and global presence of the manufacturers
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
Figure 1 Agricultural Coatings Market Segmentation
Figure 2 Regional Segmentation
1.4 Inclusions & Exclusions
1.5 Periodization Considered
1.6 Currency Considered
Table 1 USD Exchange Rates, 2015-2019
1.7 Volume Units Considered
1.8 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 3 Agricultural Coatings Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Market Size Estimation
2.2.1 Agricultural Coatings Market Size Estimation - Supply Side
2.2.2 Agricultural Coatings Market Size Estimation - Demand Side
2.2.3 Top-Down Approach
Figure 5 Agricultural Coatings Market: Top-Down Approach
2.2.4 Bottom-Up Approach
Figure 6 Agricultural Coatings Market: Bottom-Up Approach
2.3 Growth Rate Forecast Assumption
2.4 Data Triangulation
Figure 7 Data Triangulation
2.5 Research Assumptions
2.6 Research Limitations & Associated Risks
2.7 Market Scenarios Considered for the Impact of COVID-19
2.7.1 Scenario-Based Modelling
2.8 COVID-19 Health Assessment
Figure 8 COVID-19: Global Propagation
Figure 9 COVID-19 Propagation: Select Countries
2.9 COVID-19 Economic Assessment
Figure 10 Revised Gross Domestic Product Forecasts for Select G20 Countries in 2020
2.9.1 COVID-19 Economic Impact - Scenario Assessment
Figure 11 Criteria Impacting the Global Economy
Figure 12 Scenarios in Terms of Recovery of the Global Economy
3 Executive Summary
Figure 13 Agricultural Coatings Market Size, by Category, 2021 Vs. 2026 (USD Million)
Figure 14 Seed Coatings Market Size, by Type, 2021 Vs. 2026 (USD Million)
Figure 15 Fertilizer Coatings Market Size, by Type, 2021 Vs. 2026 (USD Million)
Figure 16 Pesticide Coatings Market Size, by Type, 2021 Vs. 2026 (USD Million)
Figure 17 Agricultural Coatings Market Share (Value), by Region, 2020
3.1 Impact of COVID-19 on the Agricultural Coatings Market Size, by Scenario
Figure 18 Scenario-Based Modelling, Agricultural Coatings Market, 2021-2026 (USD Million)
4 Premium Insights
4.1 Overview of the Agricultural Coatings Market
Figure 19 Increase in Need for Quality Agricultural Inputs Supports the Growth of the Agricultural Coatings Market
4.2 North America: Agricultural Coatings Market, by Key Country & Category
Figure 20 North America: The Us Was One of the Major Consumers Across the Globe in 2020
4.3 Pesticide Coatings Market, by Application
Figure 21 Insecticides Were the Most Preferred Applications for Pesticide Coatings in 2020
4.4 Seed Coatings Market, by Type
Figure 22 Polymers Dominated the Seed Coatings Market in 2020
4.5 Fertilizer Coatings Market, by Type
Figure 23 Polymer-Coated Fertilizers Dominated Fertilizer Coatings Market in 2020
4.6 Agricultural Coatings Market: Major Regional Submarkets
Figure 24 Asian Countries are Projected to Witness High Growth During the Forecast Period
4.7 COVID-19 Economic Impact on Agricultural Coatings Market
Figure 25 Pre and Post COVID-19 Impact on Agricultural Coatings Market During the Forecast Period (USD Million)
5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Introduction
5.2.1.1 Growth in the Usage of Commercial Seeds
Figure 26 Major Seed-Producing Countries in the Global Market, 2015
Figure 27 Europe: Top Five Seed Producing Countries, 2013-2016 (‘000 Ha)
5.2.1.2 Increase in Application Rates of Fertilizers in Developing Countries
Figure 28 Nitrogen Fertilizer Application Rate in Key Agricultural Markets, 2014-2018 (Kg/Ha)
5.2.1.3 Growth in Market Demand for High-Value Crops
Figure 29 Global Area Harvested Under Important High-Value Crops, 2014-2017 (Million Ha)
5.3 Market Dynamics
Figure 30 Agricultural Coating Market: Drivers, Restraints, Opportunities, and Challenges
5.3.1 Drivers
5.3.1.1 Sustainable Approach to Mitigate Environmental and Health Risks
5.3.1.2 Need for Seed Enhancement and Protection Through Seed Treatment Technologies to Compliment Seed Coatings
Table 2 Impact of Key Drivers on the Seed Coating Market
5.3.1.3 Seed Coatings Would Support Agricultural Productivity on Marginal Lands
Figure 31 Annual Availability of Arable Land, 1950-2020 (Ha/Person)
5.3.1.4 Increase in the Seed Replacement Rate to Drive the Adoption of Coated Commercial Seeds
5.3.1.5 Favorable Government Policies and Regulations
5.3.2 Restraints
5.3.2.1 High Costs Involved in the Agricultural Coating Process
5.3.2.2 Subsidies on Fertilizers Provided by the Government of Developing Economies
5.3.3 Opportunities
5.3.3.1 Development of Biodegradable Seed Coatings to Reduce Environmental Pollution
5.3.3.2 Crop-Specific Nutrient Management Through Precision Farming
5.3.4 Challenges
5.3.4.1 Unorganized New Entrants with a Low Profit-To-Cost Ratio
5.3.4.2 Improper Management and Lack of Awareness of Controlled-Release Fertilizers
5.3.5 Impact of the COVID-19 Pandemic on the Agricultural Coatings Industry
6 Industry Trends
6.1 Regulations
6.1.1 North America
6.1.1.1 US
6.1.1.1.1 Product Registration for Pesticides in the US
6.1.1.1.2 Regulatory Framework for Fertilizers
6.1.1.2 Canada
6.1.2 Europe
6.1.3 Asia-Pacific
6.1.3.1 Australia
6.1.3.2 China
6.1.4 Row
6.1.4.1 Israel
6.2 Patent Analysis
Figure 32 Number of Patents Approved for Agricultural Coatings in the Market, 2016-2020
Figure 33 Regional Analysis of Patents Approved in the Agricultural Coatings Market, 2016-2020
Table 3 List of Key Patents for Seed Coatings, 2016-2020
6.3 Market Ecosystem
Table 4 Agricultural Coatings Market: Role in Ecosystem
Figure 34 Supply Chain Ecosystem
6.3.1 Upstream
6.3.1.1 Major Agricultural Coating Providers
6.3.2 Downstream
6.3.2.1 Regulatory Bodies & Certification Providers
6.4 Value Chain Analysis
6.4.1 Research & Product Development
6.4.2 Agricultural Coating Manufacturers
6.4.3 Distributors
6.4.4 Retailers
Figure 35 Value Chain Analysis
6.5 Yc-Ycc Shifts in the Agricultural Coatings Market
Figure 36 Demand for High-Quality Agricultural Inputs Such as Multi-Trait Hybrid Seeds for Improving Food Quality is the New Hot Bet in the Market
6.6 Technology Analysis
6.6.1 New Fertilizer Coating Technology
6.7 Case Studies
6.7.1 Demand for Biological Seed Coating Solutions
6.7.1.1 Problem Statement
6.7.1.2 Solution Offered
6.7.1.3 Outcome
6.8 Pricing Analysis
Figure 37 Average Price Trends of Fertilizer Coatings, 2016-2020 (Usd/Ton)
6.9 Porter's Five Forces Analysis
Table 5 Agricultural Coatings Market: Porter's Five Forces Analysis
6.9.1 Threat of New Entrants
6.9.2 Threat of Substitutes
6.9.3 Bargaining Power of Suppliers
6.9.4 Bargaining Power of Buyers
6.9.5 Intensity of Competitive Rivalry
6.10 Trade Analysis
6.10.1 Export Scenario: Seeds for Sowing
Figure 38 Soybean Seed Exports, by Key Country, 2012-2019 (USD Million)
Figure 39 Wheat Seed Exports, by Key Country, 2012-2019 (USD Million)
Figure 40 Corn Seed Exports, by Key Country, 2012-2019 (USD Million)
Figure 41 Vegetable Seed Exports, by Key Country, 2012-2019 (USD Million)
6.10.2 Import Scenario: Seeds for Sowing
Figure 42 Soybean Seed Imports, by Key Country, 2012-2019 (USD Million)
Figure 43 Wheat Seed Imports, by Key Country, 2012-2019 (USD Million)
Figure 44 Corn Seed Imports, by Key Country, 2012-2019 (USD Million)
Figure 45 Vegetable Seed Imports, by Key Country, 2012-2019 (USD Million)
7 Agricultural Coatings Market, by Category
7.1 Introduction
Table 6 Agricultural Coatings Market Size, by Category, 2017-2020 (USD Million)
Table 7 Agricultural Coatings Market Size, by Category, 2021-2026 (USD Million)
7.1.1 Optimistic Scenario
Table 8 Optimistic Scenario: Agricultural Coatings Market Size, by Category, 2018-2021 (USD Million)
7.1.2 Realistic Scenario
Table 9 Realistic Scenario: Agricultural Coatings Market Size, by Category, 2018-2021 (USD Million)
7.1.3 Pessimistic Scenario
Table 10 Pessimistic Scenario: Agricultural Coatings Market Size, by Category, 2018-2021 (USD Million)
7.2 Fertilizer Coatings
7.2.1 Controlled-Release Fertilizers are Efficient Alternatives Because of Their Low Impact on the Environment
Table 11 Fertilizer Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 12 Fertilizer Coatings Market Size, by Region, 2021-2026 (USD Million)
7.3 Seed Coatings
7.3.1 Seed Coating Protects the Seeds and Breaks Down Only When the Soil Temperature is Optimal for Germination
Table 13 Seed Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 14 Seed Coating Market Size, by Region, 2021-2026 (USD Million)
7.4 Pesticide Coatings
7.4.1 The Savings from Reduced Pesticides Wastage and Labor Costs Increase the Growers’ Returns
Table 15 Pesticide Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 16 Pesticide Coatings Market Size, by Region, 2021-2026 (USD Million)
8 Seeds Coating Market, by Type
8.1 Introduction
Table 17 Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 18 Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
8.2 COVID-19 Impact on the Seed Coatings Market
8.2.1 Optimistic Scenario
Table 19 Optimistic Scenario: Seed Coatings Market Size, by Type, 2018-2021 (USD Million)
8.2.2 Realistic Scenario
Table 20 Realistic Scenario: Seed Coatings Market Size, by Type, 2018-2021 (USD Million)
8.2.3 Pessimistic Scenario
Table 21 Pessimistic Scenario: Seed Coatings Market Size, by Type, 2018-2021 (USD Million)
8.3 Polymers
8.3.1 Polymers are Widely Used in Seed Coatings as They Offer Multiple Benefits
Table 22 Polymer: Seed Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 23 Polymer: Seed Coatings Market Size, by Region, 2021-2026 (USD Million)
8.4 Colorants
8.4.1 Colorants Enhance the Appearance of Seeds
Table 24 Seed Colorants: Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 25 Seed Colorants: Coatings Market Size, by Region, 2021-2026 (USD Million)
8.5 Pellets
8.5.1 Pelleting Increases the Weight of the Seed, Thereby Improving the Plantability
Table 26 Pellets: Seed Coating Market Size, by Region, 2017-2020 (USD Million)
Table 27 Pellets: Seed Coating Market Size, by Region, 2021-2026 (USD Million)
8.6 Other Seed Coating Materials
8.6.1 Additives Improve Crop Viability and Yield
Table 28 Other Seed Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 29 Other Seed Coatings Market Size, by Region, 2021-2026 (USD Million)
9 Fertilizer Coatings Market, by Type
9.1 Introduction
Table 30 Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 31 Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 32 Fertilizer Coatings Market Size, by Type, 2017-2020 (Kt)
Table 33 Fertilizer Coatings Market Size, by Type, 2021-2026 (Kt)
9.2 COVID-19 Impact on the Fertilizer Coatings Market
9.2.1 Optimistic Scenario
Table 34 Optimistic Scenario: Fertilizer Coatings Market Size, by Type, 2018-2021 (USD Million)
Table 35 Optimistic Scenario: Fertilizer Coatings Market Size, by Type, 2018-2021 (Kt)
9.2.2 Realistic Scenario
Table 36 Realistic Scenario: Fertilizer Coatings Market Size, by Type, 2018-2021 (USD Million)
Table 37 Realistic Scenario: Fertilizer Coatings Market Size, by Type, 2018-2021 (Kt)
9.2.3 Pessimistic Scenario
Table 38 Pessimistic Scenario: Fertilizer Coatings Market Size, by Type, 2018-2021 (USD Million)
Table 39 Pessimistic Scenario: Fertilizer Coatings Market Size, by Type, 2018-2021 (Kt)
9.3 Polymer Coatings
9.3.1 The Need for Cultivating High-Value Crops Has Led to a Surge in Demand for Polymer-Coated Fertilizers
Table 40 Polymers: Fertilizer Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 41 Polymers: Fertilizer Coating Market Size, by Region, 2021-2026 (USD Million)
Table 42 Polymers: Fertilizer Coatings Market Size, by Region, 2017-2020 (Kt)
Table 43 Polymers: Fertilizer Coatings Market Size, by Region, 2021-2026 (Kt)
9.4 Colorants
9.4.1 Increased Use of Fertilizers is Projected to Drive the Use of Fertilizer Colorants
Table 44 Colorants: Fertilizer Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 45 Colorants: Fertilizer Coatings Market Size, by Region, 2021-2026 (USD Million)
Table 46 Colorants: Fertilizer Coatings Market Size, by Region, 2017-2020 (Kt)
Table 47 Colorants: Fertilizer Coatings Market Size, by Region, 2021-2026 (Kt)
9.5 Other Fertilizer Coatings
Table 48 Other Fertilizer Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 49 Other Fertilizer Coatings Market Size, by Region, 2021-2026 (USD Million)
Table 50 Other Fertilizer Coatings Market Size, by Region, 2017-2020 (Kt)
Table 51 Other Fertilizer Coatings Market Size, by Region, 2021-2026 (Kt)
10 Pesticide Coatings Market, by Application
10.1 Introduction
Table 52 Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 53 Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
10.2 COVID-19 Impact on the Pesticide Coatings Market
10.2.1 Optimistic Scenario
Table 54 Optimistic Scenario: Pesticide Coatings Market Size, by Application, 2018-2021 (USD Million)
10.2.2 Realistic Scenario
Table 55 Realistic Scenario: Pesticide Coatings Market Size, by Application, 2018-2021 (USD Million)
10.2.3 Pessimistic Scenario
Table 56 Pessimistic Scenario: Pesticide Coatings Market Size, by Application, 2018-2021 (USD Million)
10.3 Insecticides
10.3.1 The Insecticide Formulations are Enclosed in a Polymeric Wall, Protecting the Active Ingredient
Table 57 Insecticide Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 58 Insecticide Coatings Market Size, by Region, 2021-2026 (USD Million)
10.4 Herbicides
10.4.1 Microencapsulated Herbicides in Extremely Small Capsules Can be Suspended in a Liquid Carrier and Applied with Conventional Equipment
Table 59 Herbicide Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 60 Herbicide Coatings Market Size, by Region, 2021-2026 (USD Million)
10.5 Fungicides
10.5.1 The Encapsulation Technology Enables the Fungicide to Work Fast and Effectively
Table 61 Fungicide Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 62 Fungicide Coatings Market Size, by Region, 2021-2026 (USD Million)
10.6 Rodenticides
10.6.1 Microencapsulation Plays a Vital Role in Time-Release Rodenticide, Giving It a Longer Action or Delayed Time
Table 63 Rodenticides Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 64 Rodenticides Coatings Market Size, by Region, 2021-2026 (USD Million)
10.7 Other Pesticide Coatings
Table 65 Other Pesticide Coatings Market Size, by Region, 2017-2020 (USD Million)
Table 66 Other Pesticide Coatings Market Size, by Region, 2021-2026 (USD Million)
11 Agricultural Coatings Market, by Region
11.1 Introduction
Figure 46 Us and China Projected to Account for Large Shares in the Agricultural Coatings Market During the Forecast Period
11.2 North America
Figure 47 North America: Regional Snapshot
Table 67 North America: Agricultural Coatings Market Size, by Country, 2017-2020 (USD Million)
Table 68 North America: Agricultural Coatings Market Size, by Country, 2021-2026 (USD Million)
Table 69 North America: Agricultural Coatings Market Size, by Category, 2017-2020 (USD Million)
Table 70 North America: Agricultural Coatings Market Size, by Category, 2021-2026 (USD Million)
Table 71 North America: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 72 North America: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 73 North America: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 74 North America: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 75 North America: Fertilizer Coatings Market Size, by Type, 2017-2020 (Kt)
Table 76 North America: Fertilizer Coatings Market Size, by Type, 2021-2026 (Kt)
Table 77 North America: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 78 North America: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.2.1 US
11.2.1.1 The Use of Neonicotinoid Seed Coatings Provides Protection and Enhances Plant Growth
Table 79 US: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 80 US: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 81 US: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 82 US: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 83 US: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 84 US: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.2.2 Canada
11.2.2.1 Due to the Cold Temperature in the Country, Delayed Harvest Can be Enabled Using the Seed Coating Technique
Table 85 Canada: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 86 Canada: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 87 Canada: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 88 Canada: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 89 Canada: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 90 Canada: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.2.3 Mexico
11.2.3.1 Increase in Demand for Export Quality Vegetables Would Drive the Agricultural Coatings Market
Table 91 Mexico: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 92 Mexico: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 93 Mexico: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 94 Mexico: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 95 Mexico: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 96 Mexico: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.3 Europe
Table 97 Europe: Agricultural Coatings Market Size, by Country, 2017-2020 (USD Million)
Table 98 Europe: Agricultural Coatings Market Size, by Country, 2021-2026 (USD Million)
Table 99 Europe: Agricultural Coatings Market Size, by Category, 2017-2020 (USD Million)
Table 100 Europe: Agricultural Coatings Market Size, by Category, 2021-2026 (USD Million)
Table 101 Europe: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 102 Europe: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 103 Europe: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 104 Europe: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 105 Europe: Fertilizer Coatings Market Size, by Type, 2017-2020 (Kt)
Table 106 Europe: Fertilizer Coatings Market Size, by Type, 2021-2026 (Kt)
Table 107 Europe: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 108 Europe: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.3.1 Spain
11.3.1.1 Increase in the Cultivation of Gm Crops to Drive the Growth of the Advanced Pesticide Coatings as an Beneficial Investment
Table 109 Spain: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 110 Spain: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 111 Spain: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 112 Spain: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 113 Spain: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 114 Spain: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.3.2 Italy
11.3.2.1 Italy, Being a Significant Producer of High Quality Fruits & Vegetables, Would Adopt Highly Efficient Coated Pesticide and Fertilizer Formulations
Table 115 Italy: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 116 Italy: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 117 Italy: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 118 Italy: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 119 Italy: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 120 Italy: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.3.3 Germany
11.3.3.1 Regulations in Europe Have Led to an Increase in the Usage of Sustainable Fertilizer and Seed Enhancement Coatings to Curb Environmental Pollution in Germany
Table 121 Germany: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 122 Germany: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 123 Germany: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 124 Germany: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 125 Germany: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 126 Germany: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.3.4 France
11.3.4.1 Increase in Sustainable Farming Practices Has Led to a Surge in Demand for Biodegradable Seed Enhancement Methods
Table 127 France: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 128 France: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 129 France: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 130 France: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 131 France: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 132 France: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.3.5 Netherlands
11.3.5.1 with the Adoption of New Coating Technologies for Various Agri-Inputs, the Netherlands Has Witnessed Enhanced Production Efficiency for Crop Yields
Table 133 Netherlands: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 134 Netherlands: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 135 Netherlands: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 136 Netherlands: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 137 Netherlands: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 138 Netherlands: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.3.6 Rest of Europe
Table 139 Rest of Europe: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 140 Rest of Europe: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 141 Rest of Europe: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 142 Rest of Europe: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 143 Rest of Europe: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 144 Rest of Europe: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.4 Asia-Pacific
Figure 48 Asia-Pacific: Regional Snapshot
Table 145 Asia-Pacific: Agricultural Coatings Market Size, by Country, 2017-2020 (USD Million)
Table 146 Asia-Pacific: Agricultural Coatings Market Size, by Country, 2021-2026 (USD Million)
Table 147 Asia-Pacific: Agricultural Coatings Market Size, by Category, 2017-2020 (USD Million)
Table 148 Asia-Pacific: Agricultural Coatings Market Size, by Category, 2021-2026 (USD Million)
Table 149 Asia-Pacific: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 150 Asia-Pacific: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 151 Asia-Pacific: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 152 Asia-Pacific: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 153 Asia-Pacific: Fertilizer Coatings Market Size, by Type, 2017-2020 (Kt)
Table 154 Asia-Pacific: Fertilizer Coatings Market Size, by Type, 2021-2026 (Kt)
Table 155 Asia-Pacific: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 156 Asia-Pacific: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.4.1 China
11.4.1.1 Unstable Economic Conditions and Declining Ecological Conditions to Drive the Growth of the Agricultural Coatings Market
Table 157 China: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 158 China: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 159 China: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 160 China: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 161 China: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 162 China: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.4.2 Australia
11.4.2.1 Policy Reforms Emphasize the Increased Production and High-Quality Agricultural Inputs
Table 163 Australia: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 164 Australia: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 165 Australia: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 166 Australia: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 167 Australia: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 168 Australia: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.4.3 India
11.4.3.1 India Expected to Provide Growth Opportunities to Advanced Sustainable Technology Businesses Through Favorable Agricultural Policies
Table 169 India: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 170 India: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 171 India: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 172 India: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 173 India: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 174 India: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.4.4 Japan
11.4.4.1 Increase in Agricultural Outputs Through Limited Resources of the Country to Encourage the Market Growth of Agrochemical Coatings
Table 175 Japan: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 176 Japan: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 177 Japan: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 178 Japan: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 179 Japan: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 180 Japan: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.4.5 Thailand
11.4.5.1 Rise in Demand for Hybrid Cereal Crops and Export of Vegetable Seeds Drive the Market for Seed Coatings
Table 181 Thailand: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 182 Thailand: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 183 Thailand: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 184 Thailand: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 185 Thailand: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 186 Thailand: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.4.6 Rest of Asia-Pacific
Table 187 Rest of Asia-Pacific: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 188 Rest of Asia-Pacific: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 189 Rest of Asia-Pacific: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 190 Rest of Asia-Pacific: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 191 Rest of Asia-Pacific: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 192 Rest of Asia-Pacific: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.5 South America
Table 193 South America: Agricultural Coatings Market Size, by Country, 2017-2020 (USD Million)
Table 194 South America: Agricultural Coatings Market Size, by Country, 2021-2026 (USD Million)
Table 195 South America: Agricultural Coatings Market Size, by Category, 2017-2020 (USD Million)
Table 196 South America: Agricultural Coatings Market Size, by Category, 2021-2026 (USD Million)
Table 197 South America: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 198 South America: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 199 South America: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 200 South America: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 201 South America: Fertilizer Coatings Market Size, by Type, 2017-2020 (Kt)
Table 202 South America: Fertilizer Coatings Market Size, by Type, 2021-2026 (Kt)
Table 203 South America: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 204 South America: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.5.1 Brazil
11.5.1.1 Increased Emphasis on R&D, Supportive Policies, and Integrated Approach is Expected to Establish the Market for Agricultural Coatings
Table 205 Brazil: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 206 Brazil: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 207 Brazil: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 208 Brazil: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 209 Brazil: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 210 Brazil: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.5.2 Argentina
11.5.2.1 Higher Demand Early Seed Protection is Expected to Drive the Market Growth of Seed Treatment Solutions and Consequently, the Seed Coatings Market
Table 211 Argentina: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 212 Argentina: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 213 Argentina: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 214 Argentina: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 215 Argentina: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 216 Argentina: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.5.3 Chile
11.5.3.1 Key Players in the Seed Industry Focus on Investing in the Expansion of Businesses Towards Seed Treatment and Coating Solutions in Chile
Table 217 Chile: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 218 Chile: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 219 Chile: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 220 Chile: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 221 Chile: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 222 Chile: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.5.4 Rest of South America
Table 223 Rest of South America: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 224 Rest of South America: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 225 Rest of South America: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 226 Rest of South America: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 227 Rest of South America: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 228 Rest of South America: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.6 Rest of the World
Table 229 RoW: Agricultural Coatings Market Size, by Country, 2017-2020 (USD Million)
Table 230 RoW: Agricultural Coatings Market Size, by Country, 2021-2026 (USD Million)
Table 231 RoW: Agricultural Coatings Market Size, by Category, 2017-2020 (USD Million)
Table 232 RoW: Agricultural Coatings Market Size, by Category, 2021-2026 (USD Million)
Table 233 RoW: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 234 RoW: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 235 RoW: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 236 RoW: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 237 RoW: Fertilizer Coatings Market Size, by Type, 2017-2020 (Kt)
Table 238 RoW: Fertilizer Coatings Market Size, by Type, 2021-2026 (Kt)
Table 239 RoW: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 240 RoW: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.6.1 South Africa
11.6.1.1 The Country is Slowly Adopting Innovative and Precise Techniques to Support Early Seed Development Stages
Table 241 South Africa: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 242 South Africa: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 243 South Africa: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 244 South Africa: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 245 South Africa: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 246 South Africa: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
11.6.2 Others in Row
Table 247 Others in RoW: Seed Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 248 Others in RoW: Seed Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 249 Others in RoW: Fertilizer Coatings Market Size, by Type, 2017-2020 (USD Million)
Table 250 Others in RoW: Fertilizer Coatings Market Size, by Type, 2021-2026 (USD Million)
Table 251 Others in RoW: Pesticide Coatings Market Size, by Application, 2017-2020 (USD Million)
Table 252 Others in RoW: Pesticide Coatings Market Size, by Application, 2021-2026 (USD Million)
12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis, 2019
Table 253 Agricultural Coatings Market: Top 5 Company Ranking Analysis
12.3 Company Revenue Analysis
Figure 49 Revenue Analysis of the Key Players in the Agricultural Coatings Market, 2015-2019 (USD Million)
12.4 COVID-19-Specific Company Response
12.4.1 Basf Se
12.4.2 Bayer Ag
12.5 Company Evaluation Quadrant
12.5.1 Stars
12.5.2 Emerging Leaders
12.5.3 Pervasive Players
12.5.4 Participants
Figure 50 Agricultural Coatings Market, Company Evaluation Quadrant, 2020 (Overall Market)
12.6 Product Footprint
Table 254 Company Category Footprint
Table 255 Company Region Footprint
Table 256 Company Product Footprint
12.7 Competitive Scenario & Trends
12.7.1 New Product Launches
Table 257 Agricultural Coatings Market: New Product Launches, May 2018-November 2019
12.7.2 Deals
Table 258 Agricultural Coatings Market: Deals, January 2018- January 2020
12.7.3 Others
Table 259 Agricultural Coatings: Others, April 2018-June 2019
13 Company Profiles
(Business Overview, Products Offered, Recent Developments & Analyst's View)*
13.1 Key Players
13.1.1 Basf Se
Table 260 Basf Se: Business Overview
Figure 51 Basf Se: Company Snapshot
Table 261 Basf Se: Deals
13.1.2 Sensient Technologies Corporation
Table 262 Sensient Technologies Corporation: Business Overview
Figure 52 Sensient Technologies Corporation: Company Snapshot
Table 263 Sensient Technologies Corporation: Deals
13.1.3 Bayer Ag
Table 264 Bayer Ag: Business Overview
Figure 53 Bayer Ag: Company Snapshot
Table 265 Bayer Ag: New Product Launches
Table 266 Bayer Ag: Deals
13.1.4 Clariant Ag
Table 267 Clariant Ag: Business Overview
Figure 54 Clariant Ag: Company Snapshot
Table 268 Clariant Ag: New Product Launches
Table 269 Clariant Ag: Deals
13.1.5 Croda International plc
Table 270 Croda International plc: Business Overview
Figure 55 Croda International plc: Company Snapshot
Table 271 Croda International plc: New Product Launches
Table 272 Croda International plc: Deals
Table 273 Croda International plc: Others
13.1.6 Michelman Incorporated
Table 274 Michelman Incorporated: Business Overview
13.1.7 Germains Seed Technology
Table 275 Germains Seed Technology: Business Overview
Table 276 Germains Seed Technology: New Product Launches
13.1.8 Milliken Chemicals
Table 277 Milliken Chemicals: Business Overview
Table 278 Milliken Chemicals: Deals
13.2 Other Players
13.2.1 Precision Laboratories
Table 279 Precision Laboratories: Business Overview
Table 280 Precision Laboratories: New Product Launches
13.2.2 Pursell Agri-Tech
Table 281 Pursell Agri-Tech: Business Overview
Table 282 Pursell Agri-Tech: Deals
Table 283 Pursell Agri-Tech: New Product Launches
13.2.3 Dorfketal
Table 284 Dorfketal: Business Overview
13.2.4 Arkema
Table 285 Arkema: Business Overview
Figure 56 Arkema: Company Snapshot
Table 286 Arkema: Deals
13.2.5 Novochem Group
Table 287 Novochem Group: Business Overview
13.2.6 Deltachem
Table 288 Deltachem: Business Overview
13.2.7 Icl
Table 289 Icl: Business Overview
Figure 57 Icl: Company Snapshot
Table 290 Icl: Deals
Table 291 Icl: Others
13.2.8 Sqm
Table 292 Sqm: Business Overview
Figure 58 Sqm: Company Snapshot
Table 293 Sqm: Others
13.2.9 Mosaic Company
Table 294 Mosaic Company: Business Overview
Figure 59 Mosaic Company: Company Snapshot
Table 295 Mosaic Company: Others
Table 296 Mosaic Company: Deals
13.2.10 Nutrien Ltd.
Table 297 Nutrien Ltd: Business Overview
Figure 60 Nutrien Ltd.: Company Snapshot
Table 298 Nutrien Ltd: Deals
13.2.11 Aakash Chemicals
Table 299 Aakash Chemicals: Business Overview
Table 300 Aakash Chemicals: Others
13.2.12 Evonik Industries Ag
Table 301 Evonik Industries Ag: Business Overview
Table 302 Evonik Industries Ag: Others
13.2.13 Nouryon
Table 303 Nouryon: Business Overview
Table 304 Nouryon: Deals
Table 305 Nouryon: Others
*Details on Business Overview, Products Offered, Recent Developments & Analyst's View Might Not be Captured in Case of Unlisted Companies.
14 Appendix
14.1 Discussion Guide
Samples
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Executive Summary
Companies Mentioned
- Aakash Chemicals
- Arkema
- Basf Se
- Bayer Ag
- Clariant Ag
- Croda International plc
- Deltachem
- Dorfketal
- Evonik Industries Ag
- Germains Seed Technology
- ICL
- Michelman Incorporated
- Milliken Chemicals
- Mosaic Company
- Nouryon
- Novochem Group
- Nutrien Ltd.
- Precision Laboratories
- Pursell Agri-Tech
- Sensient Technologies Corporation
- Sqm
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 274 |
| Published | May 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 3.7 Billion |
| Forecasted Market Value ( USD | $ 5.3 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |
