Recent Developments

Nufarm Company, combined with its subsidiaries, sells and manufactures crop protection products. It works through two segments, which are Seed Technologies and Crop Protection. The company provides insecticides, herbicides, and fungicides to keep crops from damage caused by pests, weeds, and diseases.

On November 2017, Nufarm Company publicized to enter into a binding contract to acquire a European cereal broadleaf herbicide portfolio from the FMC Corporation (“FMC”) for USD 85 Million. This Contract intends to rise Nufarm’s presence in Europe.

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Market Overview

The plant growth regulators market worth was USD 5,289.3 million in 2019, which was expected to rise at a CAGR of 8.5% during the forecast period, 2019-2024.

Report segmented as:

By Type:

Cytokinins
Auxins
Gibberellins
By Crop Type:

Fruits & Vegetables
Grains & Cereals
Oil Seeds
Turf & Ornamental Grass
The drivers recognized in the market are the increase of the organic food industry and raised emphasis on sustainable farming.

Geographical Segmentation:

Based on geography, the market is analyzed under various countries, namely as North America, Europe, Asia-Pacific Middle, and Africa. Europe has led the Plant Growth Regulators Market.

Key market players

Crop Care Limited
DuPont
BASF SE
Nufarm Ltd.
Bayer CropScience Crop Care Australasia Pty. Ltd
Sichuan Guoguang Agrochemical Co. Ltd
Redox Industries Limited
Xinyi(H.K.) Industrial Co. Ltd
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The Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

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