Plant Growth Regulators Market- out bursting global population directly boosting demand for market.
While earlier additional substances were only used to enhance growth of plants, today the scenario is clearly not the same anymore. Plant growth regulators are used for enhancing, restricting, reducing or stopping the growth of plants as well. Plant growth regulators are basically the synthetic or natural chemicals (also called as plant hormones); demand has been increasing over the years as the usages of PGRs in various crops have been on rise. PGRs are preferred over other chemicals used for plant protection since these are plant hormones that do not pose much threat or damage to the crop health. They are applied to the plants or taken up by the plants only in minimum quantities to impart the desirable effect.
Ethylene type of plant growth regulator is estimated to grow at highest CAGR during the forecast period. More recently, this market products are seen to be used in floriculture to produce consistent and quality crops such as Easter lilies, poinsettias, garden mums and bedding plant liners. Another popular usage of growth regulators are on golf courses to slow down growth rate in turf grass to reduce mowing frequency and to enable grass to better tolerate environmental stress.
Segmentation Brief Plant Growth Regulators Market:
The Plant Growth Regulators Market is divided into broad 3 types by the market experts of IndustryARC
- By PGR Type: Cytokinins, Auxins, Gibberellins, Ethylene/Ethylene Releasers, Mepiquat Chloride and Others.
- By Crop Type: Raw Crops, Fruits & Vegetables, Turf & Ornamentals and Others.
- By Geography: Americas, Europe, APAC and ROW.
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Key Vendors of Plant Growth Regulators Market:
Plant Growth Regulators Market report by IndustryARC is an in-depth study of the global market with respect to above given analysis factors like segmentation, industry trends, regional understanding and another very important aspect- growth outlook of top players of the market across the world. Among more than 40 leading industries included in this research report, few are:
- Sumitomo Chemical Company, Limited.
- Sichuan Guoguang Agrochemical Co. Ltd.
- Xinyi (H.K.) Industrial Co. Ltd.
- Crop Care Australasia Pty. Ltd.
- Cheminova A/S.
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