PUNE, India, December 3, 2015 /PRNewswire/ --
The report "Plant Growth Regulators Market by Type (Auxins, Cytokinins, and Gibberellins), Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, and Turfs, Ornamentals & Others), & by Region - Global Trends & Forecast to 2020", The Market is estimated to be valued at USD 1.6 Billion in 2015 and is projected to grow at a CAGR of 3.6% from 2015 to reach a projected value of USD 1.91 Billion by 2020
Browse 72 market data Tables and 57 Figures spread through 154 Pages and in-depth TOC on "Plant Growth Regulators Market"
Early buyers will receive 10% customization on this report.
The Plant Growth Regulators Market is projected to grow at a CAGR of 3.6% from 2015 to 2020. Quality requirement in industrial traded goods manufactured from high-value agricultural commodities has been of importance to the growth of the Plant Growth Regulators Market. Plant growth regulators offer several advantages compared to fertilizers to improve productivity such as increased yield, reduced labor costs, simple application process, and lesser application than conventional fertilizers. Hence, plant growth regulators will be viewed as a business opportunity in the next five years. As a result, many multinational players have entered into the production of varied types of plant growth regulators.
Significant growth in gibberellin products observed in Asia-Pacific region
The Plant Growth Regulators Market for these is mainly driven by the fact that they help in stem elongation, fruit enlargement, cell division, and root shedding, thereby increasing production. These PGRs are driven by increasing requirement for them in fruits & vegetables cultivation.
Strong product platform provided by fruits and ornamental crops
The crop types that use plant growth regulators include cereals & grains, oilseeds & pulses, fruits & vegetables, and turfs, ornamentals & others. The demand for them is driven by consumer awareness about premium quality crops and effective reduction of environmental risks caused by fertilizers and herbicides.
Innovative, natural, and cost-effective solutions - key to success in Asia-Pacific region
China and New Zealand constituted the largest country markets in the Asia-Pacific region in 2014. Strong adoption of modern agricultural practices in Asian countries has led to wide-scale usage of PGRs in regions associated with intensive agricultural farming. Europe dominated the market and accounted for the largest market share globally, as these products have been achieving acceptance even among cereal growers in this region.
Ask for Brief Illustration of this Report: http://www.marketsandmarkets.com/pdfdownload.asp?id=94580110
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such FMC Corporation (U.S.), Syngenta AG (Switzerland), The Dow Chemical Company (U.S.), BASF SE (Germany), and Nufarm Limited (Australia).
In terms of insights, this research report has focused on various levels of analysis industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global Plant Growth Regulators Market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
Browse related reports:
Biostimulants Market by Active Ingredient (Acid-Based & Extract Based), by Application Type (Foliar, Soil, & Seed), by Crop Type (Row Crops, Fruits & Vegetables, and Turf & Ornamentals) & by Region - Global Trends & Forecasts to 2019
Crop Protection Chemicals Market by Type (Herbicides, Fungicides, Insecticides, and Others), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), by Geography - Global Trends and Forecast To 2019
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets