Global Plant Growth Regulator Market to Hit $6.4 Bn By 2020

Zion Market Research has published a new report titled “Plant Growth Regulators (Auxins, Cytokinins and Others) Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” According to the report, the global plant growth regulators market was valued at approximately USD 3.5 billion in 2014 and is expected to reach approximately USD 6.4 billion by 2020, growing at a CAGR of around 8.2% between 2015 and 2020.

Plant growth regulators, often called as plant exogenous hormone which regulates growth of plants and improve responses to stimuli. The plant regulators are natural or synthetic substances used as promoters and inhibitors. . Ethylene is one of the plant growth regulators used for improving flower production. Plant growth regulators are not harmful human health. Plant hormones used to enhance the natural plant growth processes and are important measures to ensure agricultural production.

Request Sample Report: http://bit.ly/1refXEG

Key product segment of plant growth regulator market includes auxins, cytokinins and others (Mepiquate chloride and Gibberellins). Cytokinin was dominant product segment of plant growth regulator market. It accounted for over 40% of total market share in 2014. This segment is expected to witness fastest growth on account of increasing demand for cytokinin in herbal plants production. Auxin is another leading key product segment and it is mainly consumed in cotton production. Rising cotton production due to textile industry is anticipated to propel the demand of auxins in the years to come. Other plant growth regulators include mepiquat chloride and gibberellins. Gibberellin is expected to exhibit significant growth owing to strong demand of gibberellins for protein synthesis in plant body.

In 2014, Europe was the key regional market in global plant growth regulators market with over 30% market share. It was majorly due to rising organic farming in this region. Asia Pacific is another key region for plant growth regulators market and projected to witness significant growth over the forecast period. The growth in this region is mainly attributed to increasing cotton production in China and India. North America is expected to exhibit significant growth owing to strong demand for herbal medicines.

Request For Free Pries Quotations  http://bit.ly/2oHQ3cn

Some of the key players in the global plant growth regulators market include Syngenta AG, BASF, Bayer CropScience, Tata Chemicals Limited, DuPont, NuFarm Limited, Redox Industries Ltd, Sichuan Guoguang Agrochemical Co. Ltd, Crop Care Limited and Valent BioSciences Corporation

This report segments the global plant growth regulators market as follows: Product Segment Analysis (Auxins, Cytokinins, Others (Mepiquate Chloride and Gibberellins)). Regional Segment Analysis: North America(US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India)Latin America(Brazil, Middle East, Africa)

Do Inquiry before buying: http://bit.ly/2jJhS3j 

About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Joel John
3422 SW 15 Street,Suite #8138
Deerfield Beach, Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com

About allan 819 Articles
Allan Leonetti is an accomplished digital marketing professional. He tracks the most recent patterns and happenings in the advanced showcasing scene, additionally offering his feeling on their effect on organizations. He has involvement in both B2C and B2B markets. His side interests incorporate perusing books and voyaging.

Be the first to comment

Leave a Reply

Your email address will not be published.


*