Asia-Pacific Plant Growth Regulators Market Research Reports (2017–2022)
Asia-Pacific Plant Growth Regulators Market was worth USD 1,364.8 million in 2016 and estimated to be growing at a CAGR of 5.05%, to reach USD 1,827.4 million by 2022.
(EMAILWIRE.COM, June 07, 2018 ) Asia-Pacific Plant Growth Regulators Market was worth USD 1,364.8 million in 2016 and estimated to be growing at a CAGR of 5.05%, to reach USD 1,827.4 million by 2022. Plant growth regulators are the chemical substances that affect the growth of the plants in many complex ways. They regulate important activities such as cell division, shoot growth, and flowering.
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Plant growth regulators are naturally occurring components that control the development and progress of plants. Some of them like cytokinins and auxins are man-made artificial growth regulators which are employed on plants to get a multitude of changes. Several plant growth regulators are prepared by the tissues of the plant.
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The growth of the Asia-Pacific Plant Growth Regulators market is majorly due to factors such as increasing need for enhanced crop productivity, growing textile industry, and increasing demand for cotton. The initiatives taken by the government are another major factor driving the market in this region. However, factors such as less awareness among the farmers, few product innovations, and lower output of plant growth regulators when compared to chemical fertilizers are restraining the growth of the market in this region.
The Asia-Pacific Plant Growth Regulators market is segmented based on Type and Crop Type. The market for Plant Growth Regulators, on the basis of Type, is classified Cytokinins, Auxins, Gibberellins, and Others. On the basis of type, Cytokinins lead the plant growth regulators market, accounting for over 40% of the market share, and are also projected to witness the highest growth during the forecast period. Demand for cytokinins has been on the rise due to their widespread use in increasing the capacity of plants to tolerate water deficiency, by guarding the nitrogen and carbon integration process during stress. On the basis of Crop Type, the Plant Growth Regulators market is segmented into Fruits & Vegetables, Grains & Cereals, Oil seeds, Turf & Ornamental Grass, and Others. Cereals & Oilseeds lead the market on the basis of Crop Type, followed by fruits & Vegetables.
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The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Developing countries in this region such as India and China are projected to witness significant growth in the Plant Growth Regulators market due to the large scale cotton industries and increasing acceptance of sustainable farming in this region.
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The main policies implemented by the companies to increase their market share in the plant growth regulators market are new products, and mergers & acquisitions. The strategy of efficient and strong yielding products would lead to improved user gratification. The major companies dominating the Plant Growth Regulators market in this region are BASF SE, Bayer Crop Science, DuPont, FMC Corporation, Tata Chemicals Limited, and Xinyi Industrial Co Ltd.
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
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Mail: abhishek@marketdataforecast.com
Browse For Full Report @ https://www.marketdataforecast.com/market-reports/asia-pacific-plant-growth-regulators-market-1330/
Plant growth regulators are naturally occurring components that control the development and progress of plants. Some of them like cytokinins and auxins are man-made artificial growth regulators which are employed on plants to get a multitude of changes. Several plant growth regulators are prepared by the tissues of the plant.
Request Sample Report @ https://www.marketdataforecast.com/market-reports/asia-pacific-plant-growth-regulators-market-1330/request-sample
The growth of the Asia-Pacific Plant Growth Regulators market is majorly due to factors such as increasing need for enhanced crop productivity, growing textile industry, and increasing demand for cotton. The initiatives taken by the government are another major factor driving the market in this region. However, factors such as less awareness among the farmers, few product innovations, and lower output of plant growth regulators when compared to chemical fertilizers are restraining the growth of the market in this region.
The Asia-Pacific Plant Growth Regulators market is segmented based on Type and Crop Type. The market for Plant Growth Regulators, on the basis of Type, is classified Cytokinins, Auxins, Gibberellins, and Others. On the basis of type, Cytokinins lead the plant growth regulators market, accounting for over 40% of the market share, and are also projected to witness the highest growth during the forecast period. Demand for cytokinins has been on the rise due to their widespread use in increasing the capacity of plants to tolerate water deficiency, by guarding the nitrogen and carbon integration process during stress. On the basis of Crop Type, the Plant Growth Regulators market is segmented into Fruits & Vegetables, Grains & Cereals, Oil seeds, Turf & Ornamental Grass, and Others. Cereals & Oilseeds lead the market on the basis of Crop Type, followed by fruits & Vegetables.
Inquire Before Buy @ https://www.marketdataforecast.com/market-reports/asia-pacific-plant-growth-regulators-market-1330/inquire
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Developing countries in this region such as India and China are projected to witness significant growth in the Plant Growth Regulators market due to the large scale cotton industries and increasing acceptance of sustainable farming in this region.
Buy Now @ https://www.marketdataforecast.com/cart/buy-now/asia-pacific-plant-growth-regulators-market-1330
The main policies implemented by the companies to increase their market share in the plant growth regulators market are new products, and mergers & acquisitions. The strategy of efficient and strong yielding products would lead to improved user gratification. The major companies dominating the Plant Growth Regulators market in this region are BASF SE, Bayer Crop Science, DuPont, FMC Corporation, Tata Chemicals Limited, and Xinyi Industrial Co Ltd.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: 18887029626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: 18887029626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results