Global Paclobutrazol Market - Industry Trends and Forecast to 2028

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Paclobutrazol Market - Industry Size, Growth,
Trends and Forecast to 2028
Global Paclobutrazol Market, By Product Type (95
TC, 98 TC and Other Products), Application (Cash
Crops, Decorative Plants, Fruits, Grain, Soybean,
Vegetables and Other Applications), Country
(U.S., Canada, Mexico, Germany, Poland, Ireland,
Italy, U.K., France, Spain, Netherlands, Belgium,
Switzerland, Turkey, Russia, Rest of Europe,
Japan, China, India, South Korea, New Zealand,
Vietnam, Australia, Singapore, Malaysia,
Thailand, Indonesia, Philippines, Rest of
Asia-Pacific, Brazil, Argentina, Chile, Rest of
South America, UAE, Saudi Arabia, Egypt, Kuwait,
South Africa, Rest of Middle East and Africa)
Industry Trends and Forecast to 2028.
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Market Analysis and Insights
Data Bridge Market Research analyses that the
paclobutrazol market will project a compound
annual growth rate (CAGR) of 5.00 during the
forecast period of 2021-2028. Growth and
expansion of agriculture industry globally,
decline in utilization of arable land, rise in
demand to control various crop related diseases
and rapidly increasing industry competitiveness
are the major factors attributable to the growth
of paclobutrazol market. This means that the
paclobutrazol market value, which was USD 2.06
billion in 2020 will climb up to USD 3.043
billion by the year 2028. Paclobutrazol is a
plant growth regulator that supports pruning of
different plants and trees. Paclobutrazol is a
triazolic fungicide which helps to control
unwanted vegetative growing and maintain the
health and vitality of plants. Paclobutrazol
works by blocking gibberellin biosynthesis and
further promotes compactness of plants and crops.
Paclobutrazol further works on improving the
cytokinin levels and reducing the levels of
indole-3-acetic acid, abscisic acid and ethylene.
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Major Key Players

• Some of the major players operating in this
  market are
• Bailing Agrochemical Co., Ltd
• CANARY AGRO CHEMICALS PRIVATE LIMITED
• India Pesticides Limited
• Jiangsu Luye Agrochemicals Co., Ltd.
• Jiangsu seven continents green chemical co., LTD

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Market Segmentation

• By Product Type (95 TC, 98 TC and Other
  Products)
• Application (Cash Crops, Decorative Plants,
  Fruits, Grain, Soybean, Vegetables and Other
  Applications)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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