Market Overview
Plant growth regulators, also known as PGRs, are used to promote or inhibit plant growth. The global plant growth regulators market is a highly fragmented market with numerous small-scale and large-scale players operating in both regional and international market. Owing to which the market is exhibiting intense competition among the players. In order to gain a competitive edge, market players are differentiating their products based on product quality, shelf-life, ease of application, price, and product effectiveness among few other attributes. In addition, prominent vendors are also focusing on mergers & acquisitions, new product launches, and expansion to gain market dominance.
By origin, the global plant growth regulators market has been classified as natural and synthetic. The synthetic segment gained the highest market share in 2017 owing to the high sales volume. The ease of production and immediate & efficient results of synthetic plant growth regulators is driving the segment growth. However, the natural segment is expected to grow at a higher CAGR owing to the adoption of organic agricultural practices.
Key Players
Some of the key players in the global plant growth regulators market are China National Chemical Agrochemical Corporation (China), Platform Specialty Products Corporation (US), BASF SE (Germany), Bayer AG (Germany), DowDuPont (US), NIPPON SODA CO., LTD. (Japan), Nufarm Limited (Australia), Sumitomo Chemical Co., Ltd. (Japan), FMC Corporation (US), Tata Chemicals Ltd. (India), and Xiny(H.K.) Industrial Co., Ltd. (China).
Market Segmentation:
On the basis of form, the market is segregated into granules, powder, and liquid. The granules segment gained the highest market share in 2017 as they are comparatively less toxic, easy to handle & transport, and is a stable form of product. However, the liquid segment is expected to register a higher CAGR due to the rising adoption of foliar spray as a mode of application.
Based on function, the global plant growth regulators market is segmented into plant growth promoters and plant growth inhibitors. The plant growth promoters segment is expected to dominate the global market as plant growth regulators are mainly used to promote plant growth rather than inhibit. PGRs are used to enhance flowering and fruiting in various fruits and vegetables. The same segment is projected to grow with the higher growth rate during the forecast period owing to the surging consumption of horticultural produce.
By mode of application, the market is categorized as fertigation, foliar, and others. The fertigation segment is anticipated to exhibit a larger market share due to the major preference of farmers towards fertigation-based operations as it requires less resources and is not a time-consuming process. However, foliar segment is expected to register a higher CAGR as it is emerging as an effective mode for the application of plant growth regulators.
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Regional Analysis
On the basis of region, the global plant growth regulators market has been segmented into North America, Europe, Asia-Pacific, and RoW. Europe is anticipated to account for the largest revenue share in the global plant growth regulators market due to the rising production of agricultural produce in the region. Moreover, the adoption of new technologies and methodologies in agriculture is also boosting the market growth in the region.
North America is also expected to garner a significant share in the global market due to a rise in the cultivation of horticultural crops in the region, especially grapes. Asia-Pacific is anticipated to project the highest growth rate during the forecast period as market players are expanding their operations in the Asia-Pacific market.
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The latest trending report Global Plant Growth Regulators Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Plant Growth Regulators market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Plant Growth Regulators industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Plant Growth Regulators and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/28906-plant-growth-regulators-market-analysis-reportThe major players covered in Plant Growth Regulators are: FMC Corporation BASF SE Syngenta AG DowDuPont Nufarm LimitedBy Type, Plant Growth Regulators market has been segmented into Auxins Cytokinins GibberellinsBy Application, Plant Growth Regulators has been segmented into: Cereals & Grains Fruits & Vegetables Oilseeds & Pulses Turfs OrnamentalsThe report offers in-depth assessment of the growth and other aspects of the Plant Growth Regulators market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Plant Growth Regulators Market @ https://www.decisiondatabases.com/contact/download-sample-28906The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Plant Growth Regulators product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Plant Growth Regulators, with price, sales, revenue and global market share of Plant Growth Regulators in 2018 and 2019.Chapter 3, the Plant Growth Regulators competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Plant Growth Regulators breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Plant Growth Regulators market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Plant Growth Regulators sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Plant Growth Regulators Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-28906Other Reports by DecisionDatabases.com:Global Plant Growth Hormone Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Plant Activator Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Plant Food Hydrocolloids Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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