Global Plant Growth Regulators Market Size, 2017-2021 Industry Trends and Growth Prospects Status

Plant growth regulators (PGRs) are organic compounds used for promoting, inhibiting, and modifying physiological processes in plants. The most commonly used PGRs include cytokinins, auxins, and gibberellins.

Technavio’s analysts forecast The Global Plant Growth Regulators Market to grow at a CAGR of 6.72% during the period 2017-2021.

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Covered in this report:
The report covers the present scenario and the growth prospects of the global plant growth regulators market for 2017-2021. To calculate the market size, the report considers the revenue generated from cytokinins, auxins, gibberellins, and other types of PGRs.

The market is divided into the following segments based on geography:

• APAC
• Europe
• North America
• ROW

Market drivers:

1. Growth in organic industry
2. Modernization of agriculture
3. Rise in agricultural sustainability

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Key vendors:

1. BASF
2. DOW Chemical
3. FMC
4. Nufarm
5. Syngenta
6. Other prominent vendors
7. Bayer CropScience
8. Nippon Soda
9. Tata Chemicals
10. Valent BioSciences
11. Xinyi (H.K.) Industrial

Market challenge

Poor knowledge among growers
Limited availability of arable land
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Market trend

Growth in pharmaceutical industry
Growth in textile industry

Key questions answered in this report

 What will the market size be in 2021 and what will the growth rate be?
 What are the key market trends?
 What is driving this market?
 What are the challenges to market growth?
 Who are the key vendors in this market space?
 What are the market opportunities and threats faced by the key vendors?
 What are the strengths and weaknesses of the key vendors?

Technavio's report, Global Plant Growth Regulators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Companies Mentioned:
BASF, Dow Chemical, FMC, Nufarm, Syngenta, Bayer CropScience, Nippon Soda, Tata Chemicals, Valent BioSciences, Xinyi (H.K.) Industrial.

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