Global Plant Growth Regulators Market at A Highest CAGR of 7.0 % to rapidly growing $ 9.15 billion by 2026


Posted January 3, 2020 by ganesha

Plant growth regulators are organic substances other than the nutrients which affects the physiological process of plant in their growth and development.

 
Global Plant Growth Regulators Market, By Type (Auxins, Gibberellins, Cytokinins, Ethylene, Abscisic Acid, Growth Retardants, Growth Inhibitors), Formulation (Water-Dispersible & Water-Soluble Granules, Wettable Powders, Solutions), Function (Stimulators, Promotors, Inhibitors, Retardants),Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Turf & Ornamentals)

Market Definition: Global Plant Growth Regulators Market

Plant growth regulators are organic substances other than the nutrients which affects the physiological process of plant in their growth and development. These regulators are applied in less concentration and are obtained naturally or synthetically. They improves the process of target plants such as improves quality of the fruits, elongation, increases yield and facilitate towards harvesting. The regulators are used in the elongation, budding, stimulating, promoting and inhibiting the growth of different parts of plants.

Market Drivers:

Growing awareness towards the green technology
Government initiatives towards the plantation
Demand of the organic food by consumers

Market Restraints:

Stringent regulation of government for the approval of products
High cost of the organic foods



Market Analysis: Global Plant Growth Regulators Market

The Global Plant Growth Regulators Market is expected to rise from its initial estimated value of USD 5.32 billion in 2018 to an estimated value of USD 9.15 billion by 2026 registering a CAGR of 7.0% in the forecast period of 2019-2026. This rise in the market can be attributed to the growing awareness towards the green technology and high demand of the organic foods.

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Segmentation: Global Plant Growth Regulators Market

By Types
Auxins
Gibberellins
Cytokinins
Ethylene
Abscisic Acid
Growth Retardants
Growth Inhibitors
By Formulation
Water-Dispersible & Water-Soluble Granules
Wettable Powders
Solutions
By Function
Stimulators
Biostimulants
Growth Stimulators
Promotors
Inhibitors
Retardants
By Crop Type
Cereals & Grains
Wheat
Rice
Corn
Others
Oilseeds & Pulses
Cotton Seed
Soybean
Sunflower
Others
Fruits & Vegetables
Fruits
Vegetables
Turf & Ornamentals



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https://www.databridgemarketresearch.com/toc/?dbmr=global-plant-growth-regulators-market

Key Developments in the Market:

In May 2018, Valent BioSciences LLC. (Chile) announced the launch of RyzUp 40SG plant growth regulator. RyzUp 40SG growth regulator is specially used in the growth of bananas plantations.

In June 2013, COTTON BOARD (U.S.) announced the launch of web cast which is designed for the cotton plant growth regulators. The webcast is to educate the manufacturers and other participants the application of cotton plant growth regulators.

Competitive Analysis: Global Plant Growth Regulators Market

The global plant growth regulators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plant growth regulators market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Issued By Data Bridge Market Research
Country India
Categories Business , Health
Tags plant growth regulators , plant growth regulators report , plant growth regulators shre , plant growth regulators type
Last Updated January 3, 2020