Title: Plant Growth Regulators Market aided by increasing cases of damage caused to plant health by use of chemical promoters.
1Plant Growth Regulators Market By Type of PGR
(Cytokinins, Auxins, Gibberellins,
Ethylene/Ethylene Releasers, Mepiquat Chloride)
By Type of crop (Row Crops, Fruits Vegetables,
Turfs and Ornamentals)By Region (Americas,
Europe, APAC, RoW)-Forecast(2015-2020)
Published Date 10th February, 2016 Number of
Pages 292
Contact Sanjay Matthews sales_at_industryarc.com
1-614-588-8538 (Ext 101)
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- Plant growth regulators (PGRs) or plant hormones
square measure the crop protection chemicals that
are made in plants or synthesized and applied to
the plants in order to control its growth. In
agriculture, PGRs have been used since decades to
serve a spread of functionalities like elongating
or shortening plant length (depending on the
specified function), ripening of fruits and
vegetables, producing stoneless fruits, control
lodging in cereals, defoliating and boll opening
in cotton plants and therefore on in numerous
crops so as to boost the standard and yield of
the several crops.
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- The global PGR market throughout the forecast
amount 2015-2020, is estimated to rise at four.6
CAGR, according to IndustryARC. - The global PGR market exhibits differential
growths across numerous regions of the globe.
Europe held the largest market share within the
international PGR market, while exhibiting slow
growth due to market maturity. On the other hand,
the Asia-Pacific region shows a higher rate as a
result of the increasing awareness of PGRs among
the farmers in developing countries like India
and China.
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- During the amount of study, cytokinins were found
to be the most widely used variety of PGRs,
followed by olefin or ethylene releasers. The
market for ethylene is projected to grow at a
speedy pace because of the increasing
applications of ethephon on crops to serve a
spread of functions starting from ripening to
lodging management and conveyance drought
resistance in plants. Usage of various plant
protection merchandise is a good thanks to
improve the crop quality and yields and plant
growth regulators square measure the smallest
amount harmful chemicals that serve this purpose.
For instance, the global demand for cotton is
quickly growing, owing to the expansion of
textile industry worldwide. This requires the
assembly and yield of cotton to be multiplied,
thereby propelling the would like for usage of
plant growth regulators, such as ethephon and
mepiquat chloride on cotton.
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- Depending upon the sort of plant or crop on that
PGRS square measure used, the global PGR market
is assessed into Row crops, Fruits and
Vegetables, Turf grass and Ornamental plants and
every one different crops. Most of the PGRs
square measure growth enhancers or stimulators
whereas the others are growth retardants or
inhibitors. The PGRs market is segmented
primarily based on the sort of PGRs, namely
Cytokinins, Auxins, Gibberellins, olefin or
Ethylene Releasers, Mepiquat Chloride and other
miscellaneous growth regulators.
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- In 2013, Syngenta AG, BASF SE, Bayer CropScience
silver and Nufarm restricted altogether command
the majority of the market share during this
field. However, the industry looks to witness
growth within the developing countries and
therefore new agro-chemical firms square measure
expected to venture into this merchandise in the
close to future. This will increase competition
within the market, building a slight pressure on
the products prices, making them generic and
decline in their price. This causes a minor drop
within the gross margin for the key players that
are presently concerned in the business however
won't have an excellent impact on the market.
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Matthews Sales Manager 1-614-588-8538 (Ext
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us on LinkedIn_at_ http//www.linkedin.com/company/in
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