The report on the Global Plant Growth Regulators Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Plant growth regulators are natural or synthetic chemicals, which modify or control plant growth such as leave formation, ripening of fruit etc. They are complementary to the plant hormones produced naturally by plants. In the modern day agriculture, they are finding an extensive application by giving the farmer a control over plant growth. They are also specialized to enhance features like stress tolerance and drought resistance to plants, thus improving their chances of yielding in difficult conditions.
They are very popular among row crops, cotton, turf, fruits and grasses. Besides, they also find application in the pharmaceutical industry. They are of different types depending on the kind of hormonal group they belong to such auxins, cytokinins, ethylene, gibberellins, abscisic acids and others such as mepiquat chloride.
Previously, due to their extensive use in herbal medicine cytokinins used to lead the global plant growth regulators market in terms of both demand and production. But, in the near future auxins are predicted to supercede cytokinins. The flourishing cotton textiles industries in many developing countries call for a huge demand of auxins. Hence, with the increasing demand of auxins from cotton textile industry, especially in Asia-Pacific their market is expected to witness a huge growth in the near future.
The promotion of modern agriculture to sustain the increasing population combined with the government policies in various countries turning in favour of this market, have together supported the growth and expansion of this market. To the contrary, this market faces a tough competition from the well-established fertilizer market. But the overuse of fertilizers in the past has proven to be detrimental to soil and hence plant growth. Thus more policies are which are favouring bio based alternatives such as plant growth regulators are coming up. In addition, high demand of organic food is fuelling the growth of this market.
Europe leads the global plant growth regulators market followed by Asia-Pacific and North America. The production of plant growth regulators is presently limited to a few companies. Amongst them, the ones leading.
The global plant growth regulators market include:
SEGMENTATIONS IN REPORT:
Plant Growth Regulators By Plant Hormones Groups:
- Bayer CropScience
- Crop Care Limited
- NuFarm Limited
- Redox Industries Ltd
- Sichuan Guoguang Agrochemical Co Ltd.
Plant Growth Regulators By Geography:
- Others [Including Gibberellins And Abscisic Acid (ABA)]
The Global Plant Growth Regulators Market has been exhibited in detail in the following chapters -
- Asia Pacific
- North America
- Latin America
- Middle East And Africa
Chapter 1 Plant Growth Regulators Market Preface
Chapter 2 Executive Summary
Chapter 3 Plant Growth Regulators Industry Analysis
Chapter 4 Plant Growth Regulators Market Value Chain Analysis
Chapter 5 Plant Growth Regulators Market Analysis By Geography
Chapter 6 Plant Growth Regulators Market Analysis By Geography
Chapter 7 Competitive Landscape Of Plant Growth Regulators Companies
Chapter 8 Company Profiles Of Plant Growth Regulators Industry