The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increasing demand for organic farming is likely to encourage innovation in the manufacturing of plant growth regulators, propelling the market during the forecast period.

The global plant growth regulators market is expected to grow from $2.69 billion in 2022 to $2.96 billion in 2023 at a compound annual growth rate (CAGR) of 10.21%. The global plant growth regulators market size is expected to reach $4.23 billion in 2027 at a CAGR of 9.30%.

Get A Free Sample On The Global Plant Growth Regulators Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10162&type=smp

Global Plant Growth Regulators Market Segments Include:

• By Type: Cytokinins, Auxins, Gibberelins, Ethylene, Other Types
• By Formulation: Water-Dispersible And Water-Soluble Granules, Wettable Powders, Solutions
• By Application Type: Fruits And Vegetables, Cereals And Grains, Oil Seeds And Pulses, Turf And Ornaments
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global plant growth regulators market in 2021.

Major Market Players in the plant growth regulators market include BASF SE, Bayer Crop Science, Corteva Agriscience, Sumitomo Chemical Australia Pty Ltd., Syngenta AG, Valent BioSciences Corporation, NuFarm Ltd, Sumitomo Chemica Co. Ltd.

Product innovation is a hot trend in the plant growth regulator market. To maintain their market position, major businesses in the plant growth regulators market are focusing on developing innovative products. For example, BASF SE, a German multinational corporation, introduced Attraxor®, a new plant growth regulator (PGR), in January 2020. Attraxor reduces the requirement for mowing and the amount of clippings produced by slowing the growth of the grass’s longitudinal shoots. Attraxor has several distinguishing characteristics, including the ability to begin working four hours after application, improve playability, increase sward density, and produce excellent lawn quality and appearance. It also increases labour productivity, regulates development against fine turf grass species, and improves root formation, resulting in better grass.

The Plant Growth Regulators Global Market Report 2023  provides a plant growth regulators market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The plant growth regulators market forecast analyzes plant growth regulators market size, plant growth regulators market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Plant growth regulators are chemical agents that totally manage all aspects of a plant’s growth and development, such as enhancing branching, decreasing stalk growth, increasing return bloom, removing excess fruit, or modifying fruit maturity.

Explore Similar Reports From The Business Research Company:

Planting Machines Global Market Report 2023

Plant-Based Protein Global Market Report 2023

Plant Factory Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: