Global plant growth regulators market is estimated to grow at a CAGR of 4.6% by 2020.

Plant Growth Regulators Market: By Type of PGR (Cytokinins, Auxins, Gibberellins, Ethylene/Ethylene Releasers, Mepiquat Chloride) By Type of crop (Row Crops, Fruits & Vegetables, Turfs and Ornamentals)By Region (Americas, Europe, APAC, RoW)Forecast(2015-2020) Published Date: 10th February, 2016 Number of Pages: 292

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ďƒ˜ Plant growth regulators (PGRs) or plant hormones are the crop protection chemicals that are produced in plants or synthesized and applied to the plants in order to regulate its growth. ďƒ˜ In agriculture, PGRs have been used since decades to serve a variety of functionalities such as elongating or shortening plant length (depending on the desired function), ripening of fruits and vegetables, producing seedless fruits, control lodging in cereals, defoliating and boll opening in cotton plants and so on in various crops in order to improve the quality and yield of the respective crops.

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ďƒ˜ Europe held the largest market share in the global PGR market, while exhibiting slow growth due to market maturity. On the other hand, the Asia-Pacific region shows a higher growth rate owing to the increasing awareness of PGRs among the farmers in developing countries such as India and China.

The global PGR market during the forecast period 20152020, is estimated to rise at 4.6% CAGR, according to IndustryARC. Contact; #: +1-614-588-8538 (Ext:101) Email: sales@industryarc.com

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Key Market Vendors: • • • •

Syngenta AG BASF SE Bayer CropScience AG Nufarm Limited

Industry seems to witness growth in the developing countries and hence new agrochemical companies are expected to venture into this product line in the near future. This will increase competition in the market, building a slight pressure on the products’ prices, making them generic and decline in their value. This causes a minor drop in the profit margin for the key players that are currently involved in the industry but will not have a great impact on the overall market.

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For More Details, Contact Mr. Sanjay Matthews Sales Manager #: +1-614-588-8538 (Ext: 101) Email: sales@industryarc.com Connect with us on LinkedIn@ http://www.linkedin.com/company /industryarc Contact; #: +1-614-588-8538 (Ext:101) Email: sales@industryarc.com

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