Paclobutrazol is a triazolic plant growth regulator/fungicide, which controls vegetative growth and supports pruning in different plants & trees. The main function of this fungicide is to maintain health & vitality of plants and promote compactness. Moreover, it works by blocking gibberellin biosynthesis and reducing abscisic acid, ethylene, & indole-3-acetic acid levels along with increasing cytokinin levels. Furthermore, the various economic & additional benefits of paclobutrazol include improved color, fewer clipping, deeper roots, fewer seedheads, and ease in trimming.
The growth of the paclobutrazol market is driven by rise in demand for fruits & vegetables, led by changing dietary patterns. In addition, increase in awareness among people towards food security and decline in utilization of arable land are anticipated to boost the market growth in the near future. Moreover, rise in demand for pactobutrazol in non-crop applications such as ornamental plants and turf is projected to fuel the market growth during the forecast period. However, limited awareness regarding the benefits of paclobutrazol among farmers is expected to hamper the market growth.
The report segments the paclobutrazol market on the basis of type, application, and geography. Based on type, the market is divided into 95% TC and others (different concentration of paclobutrazol available for sale). Applications covered in the study include decorative plants, fruits, vegetables, cash crops, and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
The major market players profiled in the report include:
- Bailing Agrochemical
- Canary Agrochemicals Pvt. Ltd.
- India Pesticides Limited
- Jiangsu Luye Agrochemicals
- Jiangsu Sevencontinent Green Chemical
- R.V. Agri Corporation
- Yancheng Limin Chemical
- This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global paclobutrazol market.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- Detailed analysis of the industry based on the types and application help understand the trending type and potential application.
- Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.
Paclobutrazol Market Key Segments:
- 95% TC
- Decorative Plants
- Cash Crops
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA