Global Plant Growth Regulators Market By Leading Key Players: Dow Chemical Company, Redox Industries limited, Anyang, Agroenzymas, Atlas Agrobi, Privat Company Arsis, Blue Green Group Company Limited, Olimpum

Market Overview: -

Plant Growth Regulators Market is set to observe a surge in demand due to its efficient functioning as a messenger for intercellular communication. They are used to regulate development of crops and plays vital role in ensuring agricultural productivity. They do not cause any harm to humans as they are used in accordance with good agricultural activities. This technology is viewed as a business opportunity to enhance product quality and associated safety purposes.

Rise in agriculture investments will drive plant growth regulators market size. The technology is used to understand crop development and productivity. It has several advantages over fertilizers that include increased yield, simple application and reduced labor cost. The procedure is easy and cost effective for boosting crop output under farmer’s field condition. Technology helps farmers by making work easier and more productive.

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Top Key Players: -

Prominent players in plant growth regulators market are Orbit Chemical Industries, Dow Chemical Company, Redox Industries limited, Anyang, Agroenzymas, Atlas Agrobi, Privat Company Arsis, Blue Green Group Company Limited, Olimpum and Shanghai Mingdou Chemical.

Market share calculation in this report is not done based on companies covered in it. The calculation of plant growth regulators market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

Asia Pacific, led by India will witness substantial upsurge in plant growth regulators market in next five years. Agriculture plays an important role in the development of Indian economy. Over 50 % of the rural households depends on agriculture. The technology is used in crops for productivity and longevity in the agricultural fields. Several government initiatives comprising of establishment of National Bank for Agriculture and Rural Development (NABRAD) and Niti Ayog will drive the industry. The sector is further expecting growth that will positively affect industry demand.

United Kingdom will witness surge in plant growth regulators market in forecast period. The country consists of maximum number houses with large and well maintained garden. It has number of castles, palaces and manor homes. Technology is extensively used in gardens for plantations of high quality flowers and decoration. Growing interest of people towards gardening in the country will boost plant growth regulators market size over the forecasted period.

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Trend for gardens and farming in houses has tremendously increased in past few years and is further anticipating upsurge in the forecast time period. People are highly developing gardens with various varieties of plants and trees for gardening purpose and decorations. With growing interest of people towards gardening and decorative farming, plant growth regulators market will even witness surge.

Increasing consumer awareness towards health and fitness has accelerated demand for fruits and vegetables. Technology helps to reduce fruit drop, crop stress protection and root formation. This in turn will uplift plant growth regulators market size over the forecasted period. Misuse of the technology can lead to excessively fast crop development that could result into ripening on the fruit surface with core remaining raw and will degrade quality of fruits and vegetables. Its disadvantages to crops comprising of erratic crop response, increased weed pressure and permanent exploitation of crop development may hinder demand of plant growth regulators market.

Plant regulator growth market is segmented on the basis of product into ethylene, gibberellins, auxins, cytokinins and abscisic acid. End user of these goods majorly includes agriculture industry. On the basis of application into pulses, crops, grains, fruits and vegetables.

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