Plant growth regulators are defined as chemicals that are capable of improving the physiological response of plants. They help to move to the low concentration part of the plant, which helps to increase the accessibility and supply of the main nutrients to the plants, thus promoting the development and growth of the plants, such as elongation of the stems, the formation of flowers and leaves. And fruit development. These plant growth regulators are widely used to meet the need for food supply. They have a wide implementation in the modification of the physiological processes of the plants that include the regulation of the metabolism of the plants and the restriction or regulation of the enzymatic systems. They are highly demanded due to the regulation of cotton metabolism.
The ability to reduce accommodation in intensive cereal production, control shoot heights and stimulate the flow of latex in rubber plants is driving market growth to be an important factor driving the market. In addition, the reduction in the agricultural area together with the growing demand for organic food is driving market growth. But it is a process that takes a long time since the approval period for new products is too long, which hinders the growth of the market. However, a robust product portfolio for large acre crops can boost the market in the coming years.
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Some of the major players operating in the Plant Growth Regulators market are BASF (Germany), Dow Chemical (US), Syngenta (Switzerland), FMC Corporation (US), and Nufarm (Australia). Other players include Bayer CropScience (Germany), Nippon Soda (Japan), Tata Chemicals (India), Valent Biosciences (US), Xinyi Industrial (China), ADAMA (Israel), Arysta LifeScience (France), Sumitomo Chemical (Japan), and WinField Solutions (US)
On the basis of type, the market has been segmented into:
On the basis of crop type, the market has been segmented into:
Fruits & vegetables
Cereals & grains
Oilseeds & pulses
Turf & ornamentals
On the basis of function, the market has been segmented into:
Plant growth promoters
Plant growth inhibitors
The fruits & vegetable segment held the largest market share of 38.90% in 2017
The crop type segment is classified into cereals & grains, oilseeds & pulses, fruits & vegetables and turf & ornamentals. The fruits & vegetable segment held the market share of 38.90% and dominated the plant growth regulators market in 2017. Consumption of plant growth regulators in fruits & vegetable crops helps to prevent their senescence and improves overall productivity.
Water-dispersible & water-soluble granules segment valued around USD 3.95 Billion in 2017
Formulation segment includes water-dispersible & water-soluble granules, wettable powders and solutions. Water-dispersible & water-soluble granules segment valued around USD 3.95 Billion in 2017 as they are preferred forms of plant growth regulators in the agricultural industry. They offer numerous benefits such as easy to handle, non-toxic, and are more stable during storage and transportation.
The cytokinins segment held the largest market share of 34.20% in 2017
The type segment is divided into segments such as cytokinins, auxins, gibberellins, ethylene and other types. The cytokinins segment dominated the market in 2017 with a market share of 34.20%. The cytokinins segment slows down/prevents the leaf senescence such as leaf aging or leaf fall.
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Table of content
Chapter 1 Global Plant Growth Regulators Market Overview
Chapter 2 Global Economic Impact on Plant Growth Regulators Industry
Chapter 3 Global Plant Growth Regulators Market Competition by Manufacturers
Chapter 4 Global Plant Growth Regulators Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Plant Growth Regulators Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Plant Growth Regulators Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Plant Growth Regulators Market Analysis by Application
Chapter 8 Plant Growth Regulators Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
To be continue……
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