Market World Plant Growth Regulators Market | Page 2
Plant growth regulators market may be explored by crop type as Cereals & Grains, Fruits & Vegetables, Turf &
Ornamentals, and Oilseeds & Pulses. The industry may be explored by Function as Plant Growth Inhibitors, and
Plant Growth Promoters. The “Plant Growth Promoters” held the highest share of the plant growth regulators
industry in 2016 and are anticipated to maintain their dominance by 2020. The most dominant plant growth
promoters comprise cytokinin’s, auxins, and gibberellins. They help in development during root initiation,
flowering, overall rise in yield and fruiting of the plant. The plant growth promoters are mostly used in several
fruit and vegetables to enhance flowering.
Plant growth regulators industry may be explored by formulations as Solutions, Water-dispersible & water-
soluble granules, and Wettable Powders. The “water-dispersible & water-soluble granules” segment is
anticipated to record the highest share in the forecast period. The market may be explored by origin as
Biological, and Synthetic. North America accounted for the major share of the plant growth regulators market
size in 2016 and will continue to lead in the forecast period due to factors such as government assistance for
organic farming, rise in crop productivity, and rapid technical advancements.
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Some of the key players that fuel the growth of the plant growth regulators industry include DuPont, BASF
SE,NuFarm Ltd., Bayer Crop Science Crop Care Australasia Pty. Ltd, Sichuan Guoguang Agrochemical Co.
Ltd,Xinyi(H.K.) Industrial Co. Ltd, and Redox Industries Limited. The leading companies are taking up
partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Market Segment:
Plant Growth Regulators Product Outlook (Revenue, USD Million, 2012 - 2020)
• Cytokinins
• Auxins
• Others
Plant Growth Regulators Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• Rest of The World