Leading Agricultural Coatings Category Markets Databank

Leading Agricultural Coatings Category 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. Seed Coatings segment is expected to be the highest contributor to this market, with $1,941.0 Million in 2020, and is anticipated to reach $3,204.8 Million by 2029, registering a CAGR of 5.78%. Pesticide Coatings segment is anticipated to reach $1,082.4 Million by 2029 with the highest CAGR of 8.93%. Seed Coatings and Fertilizer Coatings segments collectively expected to account for about 86.1% share of the Agricultural Coatings market in 2020, with the former constituting around 53.7% share. Pesticide Coatings and Seed Coatings segments are expected to witness significant growth rates at a CAGR of 8.93% and 5.78% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 67.6% in the overall Agricultural Coatings market in 2020, and is anticipated to reach 69.5% by 2029.