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Plant Growth Regulators Market (Auxins, Cytokinins, Gibberellins) (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Ornamentals) Worth +2 Billion USD by 2022

According to the Plant Growth Regulators Market survey report, the market is expected to witness a relatively higher growth rate during the forecast period 2018-2022.

 

Houston, TX -- (SBWIRE) -- 03/20/2018 -- Global Plant Growth Regulators Market Professional Survey Report 2022." Plant growth regulators have sought extensive adoption in the modification of plant physiological processes that include regulating the plant metabolism and inhibiting or stimulating enzyme systems. Plant growth regulators also seek robust demand for the regulation of cotton metabolism. Bid to ensure crop protection and curtail production costs, farmers are being compelled to opt new methods that include use of agrochemicals and organic farming, on account of increasing profitability concern. This will further create high demand for plant growth regulators, particularly in the agriculture-driven economies.

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The plant growth regulators market is estimated to be valued at +2 Billion in 2017 and is projected to reach a value of USD +2 Billion by 2022, at a CAGR of +6 % during the forecast period. The market is driven by factors such as growing consumer preference for organic foods, new product registrations, and increase in arable land and technological advancements in the agricultural industry.

Some of the leading players functional in the global market: BASF SE, FMC Corporation, Bayer Cropscience, Somitomo Chemicals Company LTD, Xinyi Industrial Co., Ltd., Syngenta AG, Nufarm Limited, Valent Bioscience Corporation, Dow Chemical Company, and WinField Solutions.

Among various hormone types in the plant growth regulators market globally, cytokinins are likely to lead the market in terms of revenues through the forecast period. Cytokinins have been increasingly employed for as key phytohormones for inducing cell division in the plant shoots and roots, along with improving dormancy, cell enlargement, fruiting, and flowering in plants. Cytokinins are highly sought-after among various industrial sectors including cosmetic, agriculture, food, pharmaceutical, and biomedicine.

Researchers have reviewed the profiles of the leading companies functional in this market in a bid to assess their growth prospects and the key strategies they have adopted for the development of their businesses. The main objective of this research study is to provide a clear understanding the global market for Plant Growth Regulators to the market participants and assist them in creating crucial strategies to gain an edge over their competitors.

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The report on the Global Plant Growth Regulators Market addresses questions pertaining to the growth drivers, growth inhibitors, regulatory framework, and expansion opportunities that are likely to affect the industry as well as have an impact on its stakeholders. In order to present refined growth estimations for the market, the report includes advanced research techniques and contemporary research and development tools. The findings compiled in the report will help stakeholders in their industrial and financial planning, campaign modeling, and will also help them explore greener pastures for their business within the regions covered. The information will also help stakeholders monitor competitive trends prevailing in the market and make use of them in the formulation of future market strategies.

The vendor landscape covered in this research study offers a comprehensive overview of the latest developments and investment pattern in the Global Plant Growth Regulators Market. Under investments, the report provides a brief overview of the major mergers and acquisitions in the big data security market. This market research report identifies key players in the market and provides a comprehensive analysis of their key company facts, business overview, segmentation, SWOT analysis, business strategies, and key information.