Plant Growth Regulators Market

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 square measure the crop protection chemicals that are made in plants or synthesized and applied to the plants in order to control its growth. In agriculture, PGRs have been used since decades to serve a spread of functionalities like elongating or shortening plant length (depending on the specified function), ripening of fruits and vegetables, producing stoneless fruits, control lodging in cereals, defoliating and boll opening in cotton plants and therefore on in numerous crops so as to boost the standard and yield of the several crops.

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ďƒ˜ The global PGR market throughout the forecast amount 20152020, is estimated to rise at four.6% CAGR, according to IndustryARC. ďƒ˜ The global PGR market exhibits differential growths across numerous regions of the globe. Europe held the largest market share within the international PGR market, while exhibiting slow growth due to market maturity. On the other hand, the Asia-Pacific region shows a higher rate as a result of the increasing awareness of PGRs among the farmers in developing countries like India and China.

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ďƒ˜ During the amount of study, cytokinins were found to be the most widely used variety of PGRs, followed by olefin or ethylene releasers. The market for ethylene is projected to grow at a speedy pace because of the increasing applications of ethephon on crops to serve a spread of functions starting from ripening to lodging management and conveyance drought resistance in plants. Usage of various plant protection merchandise is a good thanks to improve the crop quality and yields and plant growth regulators square measure the smallest amount harmful chemicals that serve this purpose. For instance, the global demand for cotton is quickly growing, owing to the expansion of textile industry worldwide. This requires the assembly and yield of cotton to be multiplied, thereby propelling the would like for usage of plant growth regulators, such as ethephon and mepiquat chloride on cotton.

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ďƒ˜ Depending upon the sort of plant or crop on that PGRS square measure used, the global PGR market is assessed into: Row crops, Fruits and Vegetables, Turf grass and Ornamental plants and every one different crops. Most of the PGRs square measure growth enhancers or stimulators whereas the others are growth retardants or inhibitors. The PGRs market is segmented primarily based on the sort of PGRs, namely: Cytokinins, Auxins, Gibberellins, olefin or Ethylene Releasers, Mepiquat Chloride and other miscellaneous growth regulators.

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ďƒ˜ In 2013, Syngenta AG, BASF SE, Bayer CropScience silver and Nufarm restricted altogether command the majority of the market share during this field. However, the industry looks to witness growth within the developing countries and therefore new agrochemical firms square measure expected to venture into this merchandise in the close to future. This will increase competition within the market, building a slight pressure on the products’ prices, making them generic and decline in their price. This causes a minor drop within the gross margin for the key players that are presently concerned in the business however won't have an excellent impact on the market.

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ď ś You can customize the report as per your need. We have included some customization options: i. Company Profile ii. Analyst Briefing iii. Data Tables iv. Key Contacts v. Free Customization

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