Plant Growth Regulators Market worth USD $1.74 Billion by 2021

Increasing Demand for Cotton in Asia-Pacific Plant Growth Regulators Market and its trends

“Asia-Pacific Plant Growth Regulators Market" research report published by Market Data Forecast estimates that the market is growing with a CAGR of 5.02% to reach USD 1.74 Billion by 2021, from USD 1.36 billion in 2016, which amounts to a cumulative growth of USD 0.28 billion.

Plant growth regulators are naturally occurring components that control the development and progress of plants. Some of them like cytokinins and auxins are man-made artificial growth regulators which are employed on plants to get a multitude of changes. Several plant growth regulators are prepared by the tissues of the plant.

Plant growth regulators are the chemical substances that affect the growth of the plants in many complex ways. They regulate important activities such as shoot growth, cell division, and flowering. The main policies implemented by the companies to increase their market share in the plant growth regulators market are new products, and mergers & acquisitions. The strategy of efficient and strong yielding products would lead to improved user gratification.

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The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Plant Growth Regulators Market bearing either positive or negative outcomes. Some of those factors are
• Increasing need for enhanced crop productivity,
• Growing textile industry and increasing demand for cotton
• Less awareness among the farmers
• Few product innovations
• Lower output of plant growth regulators when compared to chemical fertilizers

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For granular level understanding the Asia-Pacific Plant Growth Regulators Market is segmented based on Type and Crop Type each being provided with Market Size Estimations and Y-o-Y Forecasts. On the basis of Type, is classified Cytokinins, Auxins, Gibberellins, and Others. On the basis of type, Cytokinins lead the plant growth regulators market, accounting for over 40% of the market share, and are also projected to witness the highest growth during the forecast period. Demand for cytokinins has been on the rise due to their widespread use in increasing the capacity of plants to tolerate water deficiency, by guarding the nitrogen and carbon integration process during stress. On the basis of Crop Type, the Plant Growth Regulators market is segmented into Fruits & Vegetables, Grains & Cereals, Oil seeds, Turf & Ornamental Grass, and Others. Cereals & Oilseeds lead the market on the basis of Crop Type, followed by fruits & Vegetables.

The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Developing countries in this region such as India and China are projected to witness significant growth in the Plant Growth Regulators market due to the large scale cotton industries and increasing acceptance of sustainable farming in this region...

The major companies dominating the Plant Growth Regulators market in this region are BASF SE, Bayer Crop Science, DuPont, FMC Corporation, Tata Chemicals Limited, and Xinyi Industrial Co Ltd.

The Asia-Pacific Plant Growth Regulators Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of Type and Crop Type with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market

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