Category

Plant Growth Regulator Market Size, Share, And Trends By Type (Auxins, Cytokinins, Gibberellins, Ethylene, Abscisic Acid), By Function (Plant Growth Promoter, Plant Growth Inhibitor), By Crop Type (Fruits And Vegetables, Cereals And Grain, Oilseeds And Pulses, Others), By Formulation (Water Dispersible And Water-soluble, Solutions, Powders), And By Geography – Forecast From 2019 To 2024

112 pages
Published on : Aug 2019
Report Code : KSI061612844

Description

Plant growth regulator is a natural or synthetic chemical that is sprayed or applied to a seed or a plant in order to stimulate or regulate the growth of the plants. Plant growth regulators have transformed farming, with this farmers are able to boost as well as retard the growth of the plants. It functions as a chemical messenger for intercellular communication, and enhances the quality of the plants and increase marketability. PGR reduces labor costs.  This triggers growth in plants faster than fertilizers. There are currently five known types of PGR, Auxins, Cytokinins, Gibberellins, Ethylene, and Abscisic Acid. They work together coordinating the growth of the plant. Organically produced goods are getting popular globally, which is a key factor for the growing market of Plant Growth Regulator.

It is used for controlling weed, propagating plants. Gibberellins increase sugarcane yield by lengthening stem. It helps in early seed production. The population is increasing at a very high pace which has a dual impact on crops.

By Type

By type, plant growth regulator market is segmented as Auxins, Cytokinins, Gibberellins, Abscisic Acid, and Ethylene. Cytokinins are consumed more and capture significant market share while Auxins are expected to grow rapidly.  

By Formulation

By formulation, plant growth regulator market is segmented as water-dispersible and water-soluble, solutions and powders.  Water-soluble are more popular form as it can be easily spread to the plants.

By Geography

By geography, plant growth regulator market is segmented as North America, South America, Europe, Middle East and Africa, and the Asia Pacific. Europe region has significant plant growth regulator because of rapidly increasing demand for organic products. More and more European land is occupied by the household sector and industrial sector, leaving less space for farming, so they need to increase their crop productivity in a lesser area.

Competitive Intelligence

The plant growth regulator market is highly fragmented with thousands of manufacturers. The players are expanding globally to mirror their customers’ requirement. As a result, they are increasingly integrating with other players. The key players include Sygenta, Dow Chemicals, FMC Corporations, Nufarm and Tata chemicals.

Segmentation

The plant growth regulator market has been analyzed through the following segments:

By Type

Auxins

Cytokinins

Gibberellins

Ethylene

Abscisic Acid

 

By function

Plant Growth Promoter

Plant Growth Inhibitor

 

By crop type

Fruits and Vegetables

Cereals and grain

Oilseeds and pulses

Others

 

By formulation

Water dispersible and water-soluble

Solutions

Powders

 

By Geography

North America

USA

Mexico

Canada

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Others

 

Middle East and Africa

Saudi Arabia

Others

 

Asia Pacific

India

China

Japan

Australia

others

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