LONDON, April 21, 2016 /PRNewswire/ -- Plant growth regulators are the synthetic or natural chemicals (also called as plant hormones) that are responsible in controlling the growth and development of the plant. The global market for plant growth regulators has been increasing over the years as the usages of PGRs in various crops have been on rise. PGRs are preferred over other chemicals used for plant protection since these are plant hormones that do not pose much threat or damage to the crop health. They are applied to the plants or taken up by the plants only in minimum quantities to impart the desirable effect. Global plant growth regulators market is estimated to grow at a CAGR of 4.6% to reach $1,780.8m by 2020.
The report analyzes the plant growth regulators market by chemical type and crop type. Chemical types covered in the report are auxins, gibberellins, ethylene, cytokinins, abscisic acids and others. Ethylene type of plant growth regulator is estimated to grow at highest CAGR during the forecast period. The plant growth regulators market is also segmented by type of crops such as row crops, fruits and vegetables, turf and ornamentals and other crops. The report estimates the size of the global market in terms of value ($million).
The report provides market size and forecast for the regions of APAC, Europe, America and RoW. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the plant growth regulators market and future opportunities are provided in the report. This report on the global plant growth regulators market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the market. The report profiles twenty major players of the plant growth regulators market.
The key players involved in plant growth regulators market are
Syngenta AG (Switzerland),
BASF SE (Germany),
Bayer CropScience AG (Germany)
Nufarm Limited (Australia).
Download the full report: https://www.reportbuyer.com/product/3759013/
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Research Advisor at Reportbuyer.com
Tel: +44 208 816 85 48
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/plant-growth-regulators-market-by-type-of-pgr-by-type-of-crop-by-region-americas-europe-apac-row-forecast-2015-300255831.html