Global Plant Growth Regulators Market, By Formulation (Wettable Powders, Solutions, Water-Dispersibl

Published Date: | Report Code : FA1958517

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Increasing growth of organic Market is expected to drive the growth of plant growth regulators market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Plant growth regulators are chemicals capable of improving plant physiological reaction. Plant growth regulators are capable of translocating to the plant's low concentration portion. It helps to increase the accessibility and supply of main nutrients to crops, thus promoting and modifying plant development & growth such as stem elongation, flowers & leaves formation and fruit development. These crop development regulators are commonly used to satisfy food production demand.

The variables influencing crop development regulators ' development are growing textile industry, increasing cotton supply, and improving organic farming practices. However, raising farmers ' knowledge of agrochemicals is the main restricting factor of plant growth regulators. Advanced innovative products of organic farming and increasing exercise of eco-friendly farming techniques are anticipated to generate many possibilities for plant growth regulators to grow.

Segment Analysis:

Product market for plant growth regulators is split into auxins, cytokinins, and others (Gibberellins, Mepiquate chloride, etc.). Cytokinin is the biggest segment producing income owing to an elevated demand for herbal crops. Product market for plant growth regulators in the biggest revenue-generating market owing to its growing implementation of eco-friendly farming techniques and strong demand for organic food.

Key Factors Impacting Market Growth:

  • Increasing growth of organic Market

  • Growth in the pharmaceutical industry

  • Lack of knowledge and awareness among growers

Regional Analysis:

This report segments plant growth regulators market by region into North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for plant growth regulators market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of latest technologies in the agricultural activities and established processed food market is estimated to drive demand for plant growth regulators market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

Asia Pacific is estimated to be one of the fastest-growing markets for plant growth regulators during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of plant growth regulators market. The Middle East and Rest of the World are estimated to be emerging regions for plant growth regulators market during the forecast period.

Companies Covered: BASF SE, DuPont, Bayer CropScience Crop Care Australasia Pty. Ltd, NuFarm Ltd., Redox Industries Limited, Sichuan Guoguang Agrochemical Co. Ltd, and Xinyi(H.K.) Industrial Co. Ltd...

Market Segmentation:

By Formulation:

  • Wettable Powders

  • Solutions

  • Water-Dispersible & Water-Soluble Granules

By Type:

  • Auxins

  • Cytokinins

  • Ethylene

  • Gibberellins

  • Others

By Crop Type:

  • Cereals & Grains

  • Fruits & Vegetables

  • Oilseeds & Pulses

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Formulation

    • By Type

    • By Crop Type

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Formulation

    • By Type

    • By Crop Type

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Formulation

    • By Type

    • By Crop Type

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Formulation

    • By Type

    • By Crop Type

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Formulation

    • By Type

    • By Crop Type

  • Rest of the World

    • By Region (South America, Africa)

    • By Formulation

    • By Type

    • By Crop Type

Reasons to Buy This Report:

  • Market size estimation of the global plant growth regulators markets on a regional and global basis

  • Unique research Usage for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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