Global Plant Growth Regulators Market is expected to rise from its initial estimated value of USD 5.32 billion in 2018 to an estimated value of USD 9.15 billion by 2026 registering a CAGR of 7.0% in the forecast period of 2019-2026. This rise in the market can be attributed to the growing awareness towards the green technology and high demand of the organic foods.
The insights provided in this plant growth regulators market research report are based upon SWOT analysis on which businesses can rely confidently. With the precise and high-tech information, about healthcare industry, businesses can know about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the market through this report. This information and market insights assists with maximizing or minimizing the production of goods depending on the conditions of demand.
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Few of the major market competitors currently working in the plant growth regulators market are BASF SE, The Dow Chemical Company, Syngenta, FMC Corporation, Nufarm Limited, Bayer AG, NIPPON SODA CO., LTD, Tata Chemicals Ltd., Valent BioSciences LLC, Xiny(H.K.) Industrial Co., Ltd, ADAMA India Private Limited, Arysta LifeScience Corporation, Sumitomo Chemical Co., Ltd., WinField Solutions, LLC, Redox Industries Limited, Sichuan Guoguang agrochemical co.,ltd, Excel Crop Care Ltd. and Fine Americas, Inc and others.
Key Developments in the Market:
- In May 2018, Valent BioSciences LLC. (Chile) announced the launch of RyzUp 40SG plant growth regulator. RyzUp 40SG growth regulator is specially used in the growth of bananas plantations.
- In June 2013, COTTON BOARD (U.S.) announced the launch of web cast which is designed for the cotton plant growth regulators. The webcast is to educate the manufacturers and other participants the application of cotton plant growth regulators.
Competitive Analysis: Global Plant Growth Regulators Market
The global plant growth regulators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plant growth regulators market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
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- Growing awareness towards the green technology
- Government initiatives towards the plantation
- Demand of the organic food by consumers
- Stringent regulation of government for the approval of products
- High cost of the organic foods
Segmentation: Global Plant Growth Regulators Market
- By Types
- Abscisic Acid
- Growth Retardants
- Growth Inhibitors
- By Formulation
- Water-Dispersible & Water-Soluble Granules
- Wettable Powders
- By Function
- Growth Stimulators
- By Crop Type
- Cereals & Grains
- Oilseeds & Pulses
- Cotton Seed
- Fruits & Vegetables
- Turf & Ornamentals
- Cereals & Grains
- By Geography
- North America
- South America
- Middle East and Africa
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