Global Plant Growth Regulators Market to grow 8.5% CAGR till 2025 | BASF, DuPont, Syngenta, Bayer, Nufarm, ADAMA Agricultural Solutions Ltd, Arysta Lifescience
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Plant Growth Regulators Market to exceed USD 9.7 billion by 2025; according to a new research report by Global Market Insights. Global PGR market will be driven by increasing investment in the agricultural sector. Europe Union is planning to invest approximately USD 426 billion in the coming years under its Common Agricultural Policy (CAP). This increased investment in agriculture shall fuel the PGR demand over the forecast duration. Moreover, agricultural land in Europe is decreasing due to commercial and industrial development projects, which has impelled governments to encouraging the usage of plant growth regulators for enhancing the yield within available arable land.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
6. Nippon Soda Co Ltd
7. Tata Chemicals
8. Valent BioSciences
9. ADAMA Agricultural Solutions Ltd
10. Arysta Lifescience
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Vegetables & fruits segment accounted for the largest plant growth regulators (PGR) market share in 2017 and is anticipated to hold its position over the forecast period. Cereals & grains are likely to experience a high demand in next few years. This can be attributed to the increased PGR usage in nations including China, India, Vietnam, Japan where cereals & grains are the major crops. Many countries have begun exporting grains owing to its high demand.
Plant Growth Regulators (PGR) Market by application
o Fruits & vegetables
o Cereals & grains
o Oil seeds & pulses
o Turf & ornaments
Browse key industry insights spread across 205 pages with 204 market data tables & 18 figures & charts from the report, “Plant Growth Regulators Market” in detail along with the table of contents:
The PGR market comprises of many large multinational players. Some of the prominent players operating in the industry are DowDuPont, BASF SE, Syngenta AG, Nufarm Limited, Bayer AG, Nippon Soda Co., Ltd., Valent Biosciences LLC, Tata Chemicals Ltd, Arysta Lifescince and Adama Agricultural Solutions Ltd. In October 2017, BASF SE announced the biggest acquisition in its 152 years history. It acquired significant part of Bayer’s seed and non-selective herbicide business in USD 7.03 billion. After this acquisition, BASF entered first time in seed business.
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