The Plant Growth Regulators market is expected to grow USD 3,204 million by 2025 at a CAGR of 6.8% from 2019 to 2025.
Plant growth regulators are chemical compounds that influence and at very low concentrations the physiological processes of plants. The plant itself produces natural regulators, those naturally found in plant plants are called phytohormones or plant hormones, and various companies synthetically develop certain plant growth regulators.
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The global Plant Growth Regulators market has been segmented as below:
By Type
Auxins
Cytokinins
Gibberellins
Ethylene
By Application
Cereals & Grains
Fruits & Vegetables
Oilseeds & Pulses
Turf & Ornamentals
By Function
Plant growth promoters
Plant growth inhibitors
By Formulation
Water-dispersible & water-soluble granules
Solution
Wettable powders
By Region
North America
Europe
Asia-Pacific
Rest of the World
Competitive Rivalry
BASF SE, DuPont, Bayer crop science, TATA chemicals limited, Nufarm, Arysta Life science, Sichuan Guoguang Agrochemical Co. Ltd., Fine agrochemicals, Syngenta and Sumitomo Chemicals Company, and others are among the major players in the global Plant Growth Regulators market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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