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Report
Global Plant Growth Regulators Market Report and Forecast 2024-2032
Market Report I 2023-12-04 I 190 Pages I EMR Inc.
Global Plant Growth Regulator Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global plant growth regulator market is projected to grow at a CAGR of 10.4% between 2024 and 2032. Aided by the heightened demand for sustainable agricultural practices and the diversification of plant growth regulators in crop production, the market is expected to grow significantly by 2032.
Plant growth regulators (PGRs) play an instrumental role in modulating the growth and development of plants. These organic compounds, whether applied externally or produced naturally within plants, influence physiological processes, such as flowering, fruit development, dormancy, and germination. Given their capacity to augment yield and improve the quality of produce, PGRs have garnered immense traction in modern agriculture, more so in the realms of horticulture and floriculture.
One of the primary forces propelling the plant growth regulator market growth is the escalating global demand for food. With the burgeoning world population, there is an unprecedented pressure on the agricultural sector to enhance productivity. Plant growth regulators, in this context, emerge as vital tools to optimise plant development, thereby assuring improved crop yield and quality.
Moreover, the shifting focus towards sustainable agricultural practices is impacting the plant growth regulator market outlook. The rising awareness about the environmental consequences of excessive chemical use has led to the adoption of eco-friendly alternatives. PGRs, given their ability to reduce the reliance on chemical fertilisers, have witnessed a surge in demand among environmentally-conscious farmers.
The broadening applications of plant growth regulators in the agricultural landscape cannot be overlooked. In addition to their traditional roles in crop yield enhancement, PGRs are increasingly being employed for stress resistance, particularly in areas facing extreme weather conditions. Their use in enhancing drought and salinity tolerance in crops is a testament to their versatility and indispensability.
As per the plant growth regulator market analysis, the ornamental and turf sectors also lean heavily on plant growth regulators. With urbanisation on an upswing and aesthetic landscaping becoming a norm, there's a marked rise in the demand for PGRs to maintain lawns, gardens, and ornamental plants. The capability of PGRs to regulate growth, extend the flowering period, and improve the visual appeal of plants amplifies their significance in this sector.
Market Segmentation
The market can be divided based on type, crop type, application, and region.
Market Breakup by Type
- Auxins
- Ethylene
- Gibberellins
- Cytokinins
- Abscisic Acid
Market Breakup by Crop Type
- Fruits and Vegetables
- Cereals
- Oilseeds and Pulses
- Turf and Ornamentals
- Others
Market Breakup by Application
- Plant Growth Promoters
- Plant Growth Inhibitors
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global plant growth regulator market. Some of the major players explored in the report by Expert Market Research are as follows:
- Sumitomo Chemical Co., Ltd
- BASF SE
- Syngenta Crop Protection, LLC
- Nufarm Ltd
- Bayer Crop Science AG
- Corteva, Inc.
- Tata Chemicals Limited
- United Phosphorus Ltd
- FMC Corporation
- WinField Solutions LLC
- Valent BioSciences Corporation
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Plant Growth Regulators Market Analysis
8.1 Key Industry Highlights
8.2 Global Plant Growth Regulators Historical Market (2018-2023)
8.3 Global Plant Growth Regulators Market Forecast (2024-2032)
8.4 Global Plant Growth Regulators Market by Type
8.4.1 Auxins
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Ethylene
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Gibberellins
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Cytokinins
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Abscisic Acid
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.5 Global Plant Growth Regulators Market by Crop Type
8.5.1 Fruits and Vegetables
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Cereals
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Oilseeds and Pulses
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Turf and Ornamentals
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Plant Growth Regulators Market by Application
8.6.1 Plant Growth Promoters
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Plant Growth Inhibitors
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Plant Growth Regulators Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Plant Growth Regulators Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Plant Growth Regulators Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Plant Growth Regulators Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Plant Growth Regulators Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Plant Growth Regulators Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code - 380893)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Sumitomo Chemical Co., Ltd
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 BASF SE
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Syngenta Crop Protection, LLC
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Nufarm Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Bayer Crop Science AG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Corteva, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Tata Chemicals Limited
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 United Phosphorus Ltd
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 FMC Corporation
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 WinField Solutions LLC
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Valent BioSciences Corporation
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Plant Growth Regulators Market: Key Industry Highlights, 2018 and 2032
2. Global Plant Growth Regulators Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Plant Growth Regulators Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Plant Growth Regulators Historical Market: Breakup by Crop Type (USD Billion), 2018-2023
5. Global Plant Growth Regulators Market Forecast: Breakup by Crop Type (USD Billion), 2024-2032
6. Global Plant Growth Regulators Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Plant Growth Regulators Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Plant Growth Regulators Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Plant Growth Regulators Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Plant Growth Regulators Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Plant Growth Regulators Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Plant Growth Regulators Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Plant Growth Regulators Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Plant Growth Regulators Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Plant Growth Regulators Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Plant Growth Regulators Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Plant Growth Regulators Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Plant Growth Regulators Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Plant Growth Regulators Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Plant Growth Regulators Market Structure
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