|
Home | Submit Press Release | Advertise | Submit Website
(HomeGarden247.com, June 19, 2018 ) Global Plant Growth Regulators Market was valued at USD 2.15 billion in the year 2017. Global Plant growth regulators market is further estimated to grow at a CAGR of 6.31 % from 2018 to reach USD 3.10 billion by the year 2023.
Europe region holds the highest market share in 2017 and Asia Pacific is considered as the fastest growing market in the forecasted period due to growing demand of Plant growth regulators and developing agriculture sector. At country level U.K in Europe and China, Australia & New Zealand in Asia-Pacific holds the notable market share and is projected to grow strongly in the coming.
Ask for a Sample Report at https://www.prominentmarketresearch.com/sample-report/34281
Nufarm (Australia), Syngenta AG (Switzerland), Bayer Cropscience AG (Germany), BASF SE (Germany) and Adama Agricultural Solutions Ltd (Israel) are some of the key players in the Global Plant growth regulators market. Better global reach at operational level is the main reason the key players are holding substantial market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.
Drivers:
Advancing agricultural techniques
Growing textile industry
Increasing adoption of organic food.
Restraints:
Strict government regulations and policies
Growing agro-chemical market
Opportunities:
High opportunities in developing region
Growing need of eco-friendly techniques of farming
Challenges:
Lack of awareness regarding benefits associated with plant growth regulators
High cost
Inquiry for a Report at https://www.prominentmarketresearch.com/inquiry-report/34281
The segmentation are done on the basis of type, by formulations, by crop type and by region. On the basis of types, the global Plant growth regulators market is sub segmented as Auxins, Cytokinins, Ethylene, Gibberellins and Others of which the cytokinins segment is expected to hold the highest market share during the forecast period and have high adoption rate mainly in North America.
The segmentation done on the basis of formulations includes water-dispersible & water-soluble granules, wettable powders and solutions of which water-dispersible & water-soluble Granules segment is expected to hold the highest market share due to high demand and various benefits. On the basis of crop type industry the market is segmented as cereals & grains, fruits & vegetables, Oilseeds & Pulses and Others of which fruits & vegetables crop type holds the highest market share and is expected to grow at the highest CAGR during the forecasted period due to rise in consumption.
Key Benefits for Stakeholders
Plant growth regulators Manufacturers, Distributors and Retailers
Raw material suppliers, importers and exporters
Research and Consulting Organization
Crop protection chemical manufacturers
End use industries
Government, Regulatory bodies and consumers.
By type
Auxins
Cytokinins
Ethylene
Gibberellins
Others
Buy Now Report at https://www.prominentmarketresearch.com/checkout/34281
By formulations
Water-Dispersible & Water-Soluble Granules
Wettable Powders
Solutions
By Crop type
Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Others
By Region
North America
Europe
Asia-Pacific
RoW
Key Market Players
The DOW Chemical Company
Syngenta AG
Tata Chemicals
Bayer Cropscience AG
FMC Corporation
Arysta Lifescience
Adama Agricultural Solutions Ltd
BASF SE
Nufarm Ltd
Nippon Soda
Redox Industries Ltd.
DuPont
About Prominent Market Research:
At Prominent Market Research, we are committed to provide the best possible service and recommendations to all our customers. You will be able to speak to seasoned analyst who will understand your research needs accurately. We make it our business to look after yours, with an efficient and friendly team always available to help you.
For information, contact:
Tel: USA +1-815-957-4373
Email: sales@prominentmarketresearch.com
Prominent Market Research
Robin
+1-815-957-4373
sales@prominentmarketresearch.com
Source: EmailWire.Com
Source: EmailWire.com
Submit Home & Garden Press Release | Submit Home & Garden website
|
|