Market Overview:
The global agricultural coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for agricultural vehicles, agricultural machinery, and agricultural tools across the globe. In addition, rising awareness about the benefits of using coatings in agriculture is also contributing to the growth of this market. The global Agricultural Coatings Market can be segmented on the basis of type into powder coating and liquid coating. On the basis of application, it can be segmented into agricultural vehicles, agricultural machinery, agricultural tools, and other applications.
Product Definition:
A type of coating that is applied to the surface of crops or plants in order to improve their appearance, protect them from the elements, or enhance their growth. Agricultural coatings can be used on a variety of crops, including fruits, vegetables, grains, and other plants. They are typically made from a variety of materials such as plastics, waxes, and polymers.
Powder Coating:
Powder coating is a process of layering or spraying where the material to be coated is placed in a container and then covered with an aerosolized mixture of pigments and solvents. The material being coated remains dry during the process. This technology was developed for manufacturing metal finishing products, but it has found its largest application in powder coatings used for agricultural applications.
Liquid Coating:
Liquid coating is a water-based, high solid content coating that is typically applied to agricultural equipment. It offers several advantages over powder coatings such as reduced drying time, ease of application and low environmental impact.
The global liquid coating and it's usage in the agricultural coatings market was valued at USD 1.51 billion in 2015.
Application Insights:
The agricultural vehicles segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The increasing need for transportation of crops at a timely basis, along with high demand for tractors and other farm machinery across various regions, is expected to drive product demand.
Liquid coating was the second-largest application segment in 2017. It is primarily used on harvesters as it provides protection from rain, snow and hail while providing a smooth surface that reduces friction against crops. Other than this, liquid coatings are also used on combine harvesters as they reduce noise & vibration by providing better balance due to weight reduction of components such as tires & wheels among others.
Regional Analysis:
Asia Pacific accounted for the largest share of over 45% in 2017. The region is expected to witness significant growth owing to increasing demand from developing countries such as India and China. In addition, rising disposable income coupled with an increase in per capita spending is anticipated to fuel the product demand over the forecast period.
The market in North America was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for agricultural productivity and food security
- Rising awareness about the benefits of agricultural coatings
- Technological advancements in the field of agricultural coatings
- Growing demand from emerging markets
- Stringent regulations for food safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Agricultural Coatings Market Research Report
By Type
Powder Coating, Liquid Coating
By Application
Agricultural Vehicles, Agricultural Machinery, Agricultural Tools, Other
By Companies
Antel Limited, LINE-X, Tor Coatings, Teknos, Tikkurila, Rust-Oleum, Teamac, A&A Coatings, Keystone Koating, Coating Systems, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Agricultural Coatings Market Report Segments:
The global Agricultural Coatings market is segmented on the basis of:
Types
Powder Coating, Liquid Coating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agricultural Vehicles, Agricultural Machinery, Agricultural Tools, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Antel Limited
- LINE-X
- Tor Coatings
- Teknos
- Tikkurila
- Rust-Oleum
- Teamac
- A&A Coatings
- Keystone Koating
- Coating Systems, Inc
Highlights of The Agricultural Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder Coating
- Liquid Coating
- By Application:
- Agricultural Vehicles
- Agricultural Machinery
- Agricultural Tools
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agricultural Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agricultural coatings are a type of coating that is applied to crops and other agricultural products in order to protect them from the elements, pests, and diseases.
Some of the major players in the agricultural coatings market are Antel Limited, LINE-X, Tor Coatings, Teknos, Tikkurila, Rust-Oleum, Teamac, A&A Coatings, Keystone Koating, Coating Systems, Inc.
The agricultural coatings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agricultural Coatings Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Agricultural Coatings Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Agricultural Coatings Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Agricultural Coatings Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Agricultural Coatings Market Size & Forecast, 2020-2028 4.5.1 Agricultural Coatings Market Size and Y-o-Y Growth 4.5.2 Agricultural Coatings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder Coating
5.2.2 Liquid Coating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agricultural Vehicles
6.2.2 Agricultural Machinery
6.2.3 Agricultural Tools
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agricultural Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agricultural Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder Coating
9.6.2 Liquid Coating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agricultural Vehicles
9.10.2 Agricultural Machinery
9.10.3 Agricultural Tools
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder Coating
10.6.2 Liquid Coating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agricultural Vehicles
10.10.2 Agricultural Machinery
10.10.3 Agricultural Tools
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder Coating
11.6.2 Liquid Coating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agricultural Vehicles
11.10.2 Agricultural Machinery
11.10.3 Agricultural Tools
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder Coating
12.6.2 Liquid Coating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agricultural Vehicles
12.10.2 Agricultural Machinery
12.10.3 Agricultural Tools
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder Coating
13.6.2 Liquid Coating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agricultural Vehicles
13.10.2 Agricultural Machinery
13.10.3 Agricultural Tools
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agricultural Coatings Market: Competitive Dashboard
14.2 Global Agricultural Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Antel Limited
14.3.2 LINE-X
14.3.3 Tor Coatings
14.3.4 Teknos
14.3.5 Tikkurila
14.3.6 Rust-Oleum
14.3.7 Teamac
14.3.8 A&A Coatings
14.3.9 Keystone Koating
14.3.10 Coating Systems, Inc