Plant Growth Regulators Market to Cross $1.7 bn Revenue by 2020-IndustryARC

Page 1

To Enquire About the Report Click Here

IndustryARC

Plant Growth Regulators (PGR) Market (2014 – 2020)

By PGR Type (Cytokinins, Auxins, Gibberellins, Ethylene/Ethylene Releasers, Mepiquat Chloride); By Crop Type (Row Crops, Fruits and Vegetables, Turfs and Ornamentals) & By Geography


To Enquire About the Report Click Here

TABLE OF CONTENTS 1. Executive Summary 2. Global Plant Growth Regulators– Market Overview 3. Global Plant Growth Regulators– Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1.

Product Benchmarking

3.2.2.

Patent Analysis

4. Global Plant Growth Regulators– Market Forces 4.1. Market Drivers 4.2. Market Constraints 4.3. Market Challenges 4.4. Attractiveness of the Plant Growth Regulators Industry 4.4.1.

Power of Suppliers

4.4.2.

Power of Customers

4.4.3.

Threat of New entrants

4.4.4.

Threat of Substitution

4.4.5.

Degree of Competition

5. Global Plant Growth Regulators Market – Strategic Analysis 5.1. Value Chain Analysis 5.2. Opportunities Analysis 5.3. Product/Market Life Cycle Analysis


To Enquire About the Report Click Here

6. Global Plant Growth Regulators Market – By PGR Type 6.1. Cytokinins 6.2. Auxins 6.3. Gibberellins 6.4. Ethylene/Ethylene Releasers 6.5. Mepiquat Chloride 6.6. Others 7. Global Plant Growth Regulators Market – By Crop Type 7.1. Row Crops 7.2. Fruits and Vegetables 7.3. Turf and Ornamentals 7.4. Others 8. Global Plant Growth Regulators Market-Geographical Analysis 8.1. Introduction 8.2. Americas 8.2.1.

U.S.A.

8.2.2.

Brazil

8.2.3.

Canada

8.2.4.

Others

8.3. Europe 8.3.1.

Germany

8.3.2.

France

8.3.3.

U.K.

8.3.4.

Poland


To Enquire About the Report Click Here

8.3.5.

Others

8.4. APAC 8.4.1.

China

8.4.2.

Japan

8.4.3.

India

8.4.4.

Others

8.5. ROW 8.5.1.

Africa

8.5.2.

Middle East

9. Market Entropy 9.1. New Product Launches 9.2. M&As, Collaborations, JVs and Partnerships 10. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio) 10.1.

BASF SE

10.2.

Syngenta AG

10.3.

Bayer CropScience AG

10.4.

Nufarm Ltd.

10.5.

FMC Corporation

10.6.

Sumitomo Chemical Company, Limited.

10.7.

Sichuan Guoguang Agrochemical Co. Ltd.

10.8.

Xinyi (H.K.) Industrial Co. Ltd.

10.9.

Crop Care Australasia Pty. Ltd.

10.10. Cheminova A/S 10.11. American Vangaurd Corporation


To Enquire About the Report Click Here

10.12. Fine Holdings Ltd. 10.13. Chemtura Corporation 10.14. Adama Agricultural Solutions Ltd. 10.15. Arysta Lifescience Corporation 10.16. L. Gobbi S.R.L. 10.17. SIPCAM S.p.A. 10.18. Loveland Products, Inc. 10.19. OHP, Inc. 10.20. SePRO Corporation TUV Rheinland


To Enquire About the Report Click Here

1. PLANT GROWTH REGULATORS – MARKET OVERVIEW 1.1 SCOPE The Global Plant Growth Regulators Market has been segmented into different PGR types such as Cytokinins, Auxins, Ethylene/Ethylene releasers, Gibberellins and Mepiquat Chloride. Each of these segments is further broken down to give an in-depth analysis of the market. The market has also been analyzed by crop types such row crops, fruits and vegetables and turf and ornamentals. The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2014 are provided. The prominent players profiled in this report are Syngenta AG, BASF SE, Bayer CropScience AG, Nufarm Limited and others. The report contains the most detailed and in-depth segmentation of the global plant growth regulators market. 1.2 STAKEHOLDERS Following are the key stakeholders in the Global Plant Growth Regulators Market:  Plant Growth Regulators Manufacturing Companies  Research Institutes  Distributors  Wholesalers  Retailers  End-users/Farmers


To Enquire About the Report Click Here

2.

EXECUTIVE SUMMARY

The Global Plant Growth Regulators market is one of the growing segments in crop protection industry that caters to the improvement of crop yield. Plant growth regulators perform systematic regulation of the growth and development of the plant through modification of various physiological attributes of the plant. PGRs are widely used in variety of plantations ranging from row crops, fruits to turf and grass. The market is segmented into key types of PGRs and crops that use PGR along with in-depth country level detailed regional analysis. Global growing demand for cotton is fueling the usage of PGRs in cotton cultivation to meet the requirements. This is one of the key driving factors for the growth of PGR market around the world, especially in the APAC and Latin American regions, where cotton production is significantly high. Furthermore, the need to improve the yield of food crops to cater the food requirements of the increasing world population is another important point that propels PGR market. Developing PGRs for the purpose of inducing qualities like drought resistance and stress tolerance in plants to improve the life and quality of the crop is a potential opportunity for the growth of PGR market.

Revenue ($m)

SAMPLE FIGURE: GLOBAL PLANT GROWTH REGULATORS MARKET REVENUE, BY TYPE OF PGR, 2013 VS 2020 ($M)

2013 2020

Cytokinins

Auxins

Gibberellins Ethylene/ Ethylene releasers

Source: IndustryARC Analysis, Expert Insights

Mepiquat Chloride

Others


To Enquire About the Report Click Here

The global market for PGRs was estimated to be at $XXm in 2013 and it was projected to reach up to $1,780m by 2020. Based on the type of PGR, the market is segmented as: Cytokinins, Auxins, Gibberellins, Ethylene (Or) Ethylene Releasers Mepiquat Chloride and others. Cytokinins occupied the major market share, whereas maximum growth is forecast for ethylene or ethylene releasers, which is poised to exhibit a CAGR of 5.9% through 2020. The increasing utilization of ethylene/ethylene releasers on crops to serve various functions that improve the crop quality, storage and yield has been the driving factors for this growth. SAMPLE TABLE: GLOBAL PLANT GROWTH REGULATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2020 ($M) Region

2014

2015

2016

2017

2018

2019

2020

Americas xx xx xx Europe xx xx xx APAC xx xx xx ROW (Africa and xx xx xx Middle East) Total xx xx xx Source: IndustryARC Analysis, Expert Insights

xx xx xx xx

xx xx xx xx

xx xx xx xx

xx xx xx xx

xx

xx

xx

1,780.8

CAGR% (20152020) x% x% x% x% 4.6%

The global market for plant growth regulators is estimated to grow at a CAGR of 4.6% over the forecast period to reach $1,780.8m by 2020. The market exhibited steady growth due to the mixed growths exhibited in different regions. Europe held the largest market share, generating $XXm in 2014, with a comparatively slow growth due to the market saturation. APAC is the fastest growing region with a CAGR of X%. This growth can be attributed to the presence of various developing countries like India and China, which are trying to adopt new technologies and crop protection methods in agriculture. Furthermore, the demand for the use of PGRs to enhance the yield and quality of crops like cotton is driving the PGR industry to exhibit higher growth in the regions, where cotton is one of the major crops.


To Enquire About the Report Click Here

Some of the key market insights with respect to the PGR industry are: 

The emerging markets of the developing nations in Latin America and Asia, such as Brazil, China, India and Korea, hold an enormous potential for the growth of PGR market in the near future. This can be attributed to the increasing awareness among farmers in these countries regarding the modern day agricultural practices such as corporate farming, contract farming and mechanized farming.

The PGRs used on fruits and vegetables are forecast to exhibit highest growth through 2020 due to their ability to delay senescence in fruits and vegetables, thereby preserving their freshness.

Cytokinins have the largest market share in the global PGR market in 2013 and the market for ethylene or ethylene releasers is forecast to exhibit the highest CAGR owing to their increasing applications on various crops worldwide.

The increasing pressure to improve the yield of food crops in view of the increasing population is set to drive the market for PGRs globally.


To Enquire About the Report Click Here

4.

GLOBAL PLANT GROWTH REGULATORS – MARKET FORCES

4.1. MARKET DRIVERS 4.1.1. GROW TH IN GLOBAL COT TON DEMAND SET TO DRIVE PGRS MARKET

Cotton is widely grown in the developing regions of Latin America, China and India. There is an increasing global demand for cotton due to thriving textile industry. The major drivers for cotton demand include increase in global population and increasing per capita income. In the past couple of years, there has been a fall in the global cotton production due to lower output in the U.S. and China. China’s minimum support price for cotton remained above world prices but the combination of the rising costs of production and generous support for grain production shifted incentives in favor of alternative crops. In the U.S., the decline in production was largely due to the relatively higher prices for corn and soybean, as well as the continuing drought across the Southwest region.

Sample Figure: Global Cotton Production, 2010-2020 (million bales)

Source: National Cotton Council of America, IndustryARC Analysis

The demand for cotton is set to be on rise due to strong demand from end use industries. The drought conditions in the U.S. are poised to improve and the production scenario in China is also set to improve as the Chinese Government is providing subsidies to cotton farmers in order to mitigate the drop in the Chinese cotton production. Furthermore, countries like Australia, India and


To Enquire About the Report Click Here

Brazil continue to increase production and hence, the global production of cotton is set to bounce back. The usage of PGRs like Ethephon and Mepiquat chloride which are used in the regulation of cotton metabolism to improve crop yield drives the market for PGRs, especially in these developing regions.


To Enquire About the Report Click Here

RESEARCH METHODOLOGY The quantitative and qualitative data collected for the global Plant Growth Regulators market report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or managers of leading global Plant Growth Regulators manufacturers. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by PGR types, crop types and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights. We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study of the global plant growth regulators market. The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, and marketing personnel were used extensively in understanding the need and emergence of Global Plant Growth Regulators market.


To Enquire About the Report Click Here

THE ARC ADVANTAGE An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.

THE ARC PROCESS Analytical Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model ANALYTICAL MODEL

Base Method

1. Get a topdown estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years

4. Build the Base model BASE MODEL

Consolidation Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market. 3. Assign weights to these factors in terms of their relevance and impact on the market. 4. Build the Consolidated Model

Delphi Verification 1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model

CONSOLIDATED MODEL

ARC MODEL


To Enquire About the Report Click Here

ABOUT US IndustryARC was started by a group of young, passionate professionals along with extensively experienced industry veterans across various business segments. Our focus and expertise is mainly in the field of analytics, market research and consulting. Our singular goal is to provide accurate and affordable research to our clients. Our research team has expertise in diverse fields like Automotive, Chemicals, Consumer Product & Services, Electronics, Food & Beverages, Healthcare etc., However diverse the expertise maybe, everyone in our team shares one common trait - we love data and we love providing solutions to clients using that data even more! Seeing your business flourish based on our solutions and strategy is what we love the most! IndustryARC publishes more than 30 reports on an annual basis in the mentioned Industries. Our reports are in-depth and high quality reports that can help decision makers frame better strategies for their business requirements. These reports can be further customized as per your needs. Disclaimer: 

The reports sold by IndustryARC are limited publications containing valuable market information provided to a select group of customers in response to orders.

Our customers acknowledge and agree that any report bought from IndustryARC is for their own internal use and not for general publication or disclosure to third parties.

Our reports or part of the reports, information contained in the report, cannot be shared or resold to any other third party.

Disclosure to third parties, usage of data in a public document, article or blog by the customer can be done with prior permission taken from IndustryARC.


To Enquire About the Report Click Here

For information regarding permissions and sales, contact: sales@industryarc.com | sanjay.matthews@industryarc.com

IndustryARC +1 614 - 588 - 8538 sales@industryarc.com

Copyright Š 2015 IndustryARC All Rights Reserved. This document contains highly confidential information and is the sole property of IndustryARC. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of IndustryARC.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.