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Wednesday, 5 September 2018

Plant Growth Regulators Market Growing at CAGR of 6.6% during 2017-2026

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. Growth in the textile industry across countries such as Turkey, Germany, Bulgaria, India, and China, is anticipated to create high demand for cotton, thereby driving adoption of plant growth regulators.


In a 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. However, robust foothold of fertilizers in the agriculture sector, which has endured for a long time, is likely to constrain demand for plant growth regulators to a certain extent. Stringent regulations pertaining to pesticides are also anticipated to restrain demand for plant growth regulators by shifting the farmers’ focus toward cost-effective, bio-based alternatives.

A new report of Transparency Market Research offers forecast and analysis on the plant growth regulators market at a global scale. The report delivers actual data related to the market for the historical period (2012-2016) along with an estimated intelligence on the market for the forecast period (2017-2026). The information is presented in terms of value (US$ Mn). Macroeconomic indicators coupled with an outlook on the plant growth regulators demand pattern around the world have also been encompassed by the report. The report further imparts key drivers & restraints for the global plant growth regulators market, and their impact on regional segments included over the forecast period.

The executive summary chapter, which initiates the report, offers key market dynamics and numbers associated with the global plant growth regulators market, along with key research findings related to the market segments comprised. The market numbers included in this chapter are a blend of compound annual growth rates, market shares, revenues, and volume sales. A concise introduction to the plant growth regulators market is offered in the chapter succeeding the executive summary, along with a formal definition of “plant growth regulators”. Elaboration of the market dynamics that include future prospects, growth limitations and drivers, and trends has been delivered in the chapters subsequent to the overview. These chapters also inundate insights apropos to bottom line of enterprises in detail, along with the fiscal stimulus and the global economy.

Forecasts on the global plant growth regulators market have also been delivered in chapters propounding a segmentation analysis. The report has categorized the global plant growth regulators market based on hormone type, crop type, function, formulation, and region. A comparative analysis has been offered on the market segments with regard to year-on-year growth, revenues, and market share. The market numbers relevant to this comparative analysis have also been delivered in these chapters. Regionally, the global market for plant growth regulators has been branched into Middle East & Africa, Asia-Pacific excluding Japan, Japan, Europe, Latin America, and North.

A complete package of intelligence on leading participants supporting expansion of the global plant growth regulators market has been offered in the concluding chapter of this analytical research report. This chapter elucidates the competition landscape of the global market for plant growth regulators, providing information on key strategy implementations of the market players, their product overview, key development, company overview, and key financials. A SWOT analysis on each market players has been provided in this chapter of the report. Additionally, the geographical spread of the market players included, along with their future growth plans, intended mergers & acquisitions, overall revenues, and market shares are elaborated in detail in this chapter. The report has employed an intensity map for portraying key market players located across geographies.



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