Plant Growth Regulators Market by Product (Cytokinins, Auxins, Gibberellins, Ethylene, Abscisic Acid, and Others), Crop Type (Fruits & vegetables, Grains & Pulses, Ornamentals, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
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A00228
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Jul 2020 |
4096 Views
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Author(s) :
Eswara Prasad
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Request Now !Plant growth regulators are chemical substances that strongly influence the growth and isolation of plant cells, tissues, and organs. Plant growth regulators function as chemical messengers for intercellular communication. Natural plant growth regulators are produced with in specific of plant in minimal qualities and migrate to other parts, manipulating several physiological functions to regulate the plant growth such as promoting plant cell division and cell expansion, leaf expansion, retarding senescence of leaves, ripening of fruits & vegetables, fruits & flower maturation, and seed germination. There are currently five recognized groups of plant hormones: auxins, gibberellins, cytokinins, abscisic acid (ABA), and ethylene. They work together to coordinate the growth and development of plant cells.
Factors that drive the growth of the market include rise of the organic food industry, owing to increased demand for organic food across the globe. In addition, upsurge in the textile industry, such as increase in the production of cotton, and the increase in the practice of organic farming is expected to boost the market growth. However, a significantly huge number of farmers are still unaware of these plant growth regulators and their precise and appropriate use for various applications, which, restrains the plant growth regulators market.
The global plant growth regulators market is segmented by product type, crop type, and region. By product type, it is divided into cytokinins, auxins, gibberellins, ethylene, abscisic acid, and others. By crop type, it is categorized into fruits & vegetables, grains & pulses, ornamentals, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific spends more capital in the agriculture sector, owing to growth in the food demand across the region.
Some of the key players operating in the global plant growth regulators market are BASF SE, DuPont, Bayer crop science, TATA chemicals limited, Nufarm, Arysta Life science, Sichuan Guoguang Agrochemical Co. Ltd., Fine agrochemicals, Syngenta and Sumitomo Chemicals Company.
Key Benefits for Stakeholders:
- The global plant growth regulators market size has been analyzed across four major regions.
- Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of plant growth regulators for strategy building.
- The report outlines the current market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets. The market is forecasted for 2019-2026.
- Major countries in each region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, opportunities & plant growth regulators market trends along with their detailed impact analysis are elucidated in the study.
- The global plant growth regulators market analysis covers in-depth information of the major industry participants.
Scope of the Report:
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Report Metric |
Details |
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Market size available for years |
2018–2026 |
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Base year considered |
2018 |
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Forecast period |
2019–2026 |
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Forecast units |
Value (USD) |
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Segments covered |
Product, Crop, and Region |
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Geographies covered |
North America (US, Canada and Mexico), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LAMEA) and The Middle East and Africa |
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Companies covered |
Major players covered, include BASF SE, DuPont, Bayer crop science, TATA chemicals limited, Nufarm, Arysta Life science, Sichuan Guoguang Agrochemical Co. Ltd., Fine agrochemicals, Syngenta and Sumitomo Chemicals Company. |
Key Market Segmentation: In Table Format
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ATTRIBUTE |
DETAILS |
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By Product |
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By Crop |
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By Region |
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Questions answered in the plant growth regulators market research report:
- What is the growth rate of the plant growth regulators market during the forecast period?
- What will be the global plant growth regulators market size from 2019 to 2026?
- Who are the leading manufacturing companies in the plant growth regulators market?
- How the major current trends will shape the market in the future?
- What are the driving factors and opportunities in the market?
- Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
- Why are some of the segments flourishing at the highest growth rate while others experience a steady growth?
- What are the conclusions of the plant growth regulators report?
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