Plant Growth Regulators Market

Global Plant Growth Regulators Market is projected to grow at a significant CAGR from 2017 to 2025

Plant growth regulators assist the plant in many ways like differentiation and cell division, root and shoot growth, ripening and flowering, among others. They are natural elements also known as plant hormones, which circulate in the plant in low concentrations. Demand for increased crop productivity and extra boost needed by plants due to deteriorating environmental conditions are factors driving the growth of this market. Based on type, the plant based regulators are auxins, cytokinins and gibberellins. These are synthetically made by manufacturers with the help of plant tissues. Plant growth regulators are usually preferred to fertilizers because of increased yield, reduced labor costs, and simple application process. The market is further developing due to research and development in the same field by manufacturers to come up with more efficient solutions. The increasing demand for cotton, rising concerns about the environment, rising nature of organic farming, among others are also paving way towards the systematic and long term growth of the global plant growth regulators market.

The report is designed to provide a complete view on the global Plant Growth Regulators market. The report has been categorised into qualitative and quantitative insights over the forecast period (2017-2025). The demand and supply matrix section falls under the qualitative information category wherein the market dynamics for Plant Growth Regulators market has been studied considering a short term forecast of the factors/ variables which have an impact on Plant Growth Regulators market. The market segments and their respective estimates & forecasts has been covered under the quantitative information category. Regional estimates and forecasts & trend analysis for each country and region is also available in the study. The report concludes by providing the competitive landscape of the major market participants which are profiled by analysing their organic & inorganic growth strategies, regional presence, and product portfolio among others.

Study Technique: Global Plant Growth Regulators Market

The global Plant Growth Regulators market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process. The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Plant Growth Regulators market. The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers. Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing Plant Growth Regulators, and customer analytics.

Global Plant Growth Regulators Market Segmentation

The plant growth regulator market based on application is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and turfs, ornamentals & others. The fruits & vegetables segment, followed by oilseeds & pulses and cereals & grains, leads the global market. The demand for these goods is driven by consumer demand for quality crops, which are also organic without the use of synthetic fertilizers or herbicides.

End-User Landscape (Consumer Profile): Plant Growth Regulators Market

Companies such as BASF SE, The Dow Chemical Company, Nufarm Limited, Syngenta AG, and FMC Corporation, among others are investing extensively in the manufacturing and sale of Plant Growth Regulators, which presents a huge opportunity to Plant Growth Regulators suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others.

Competitive Landscape:

BASF SE, The Dow Chemical Company, Nufarm Limited, Syngenta AG, FMC Corporation, Nippon Soda Co. Ltd., and Bayer Cropscience AG, among others account for the major share in Plant Growth Regulators market. Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. The other companies profiled in the report include: Tata Chemicals Limited, Valent Biosciences Corporation, and Xinyi (H.K.) Industrial Co. Ltd.

Please note: This is not an exhaustive list of companies profiled in the report.