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Plant Growth Regulators Market Forecast(2024–2030)
What is plant growth regulator?
Plant growth regulators are the synthetic or natural chemicals that are responsible in controlling the growth and development of the plant. Natural plant growth regulators are produced with in specific parts of plants in minimal qualities and migrate to other parts, manipulating several physiological functions to regulate the plant’s growth such as promoting plant cell division and cell expansion, leaf expansion, retarding senescence of the leaves, ripening of fruits & vegetables, fruit & flower maturation, and seed germination. The major types of plant growth regulators are cytokinins, auxins, gibberellins, ethylene and abscisic acid.
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What are the major applications for Plant growth regulator?
The various end users assessed include fruits & vegetables, turf & ornamental, cereals & grains, oil & seeds, and others. The major fruits that utilize PGR are apples, banana, grapes, mango, litchi, water melon, pine apple, kiwi and others. Vegetables like cucumber, lettuce, spinach, cabbage, pumpkin and others use these plant growth regulators. The main objective for the application of PGR in fruits and vegetables is to support their ripening. This is achieved by ethylene which is also called as ripening hormone.
Market Research and Market Trends of Plant Growth Regulators Market
RIO, which is developed from natural plant sources, boosts natural plant hormone activity and allows plants to develop more effectively. Environmental Protection Agency has recently approved this bio stimulant from Arysta Life Science, North America which activates endogenous natural plant hormone activity for enhanced plant reproductive growth.
Companies into the manufacturing of PGRs are continuously looking for versatile solutions. One such versatile plant growth regulator is Ethrel. It improves coloration and accelerates uniform ripening of fruits. Moreover it can also applicable for specific uses that include defoliation in pomegranate and breaking alternate bearing in mango, etc.
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Who are the Major Players in Plant growth regulators Market?
The companies referred in the market research report include the BASF, DOW Chemical, FMC Corporation, Nufarm, Syngenta and others.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018–2023.
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Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level — for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market — key driving factors, challenges and hidden opportunities.
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Get a quick outlook on the market entropy — M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
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Plant Growth Regulators (PGRs) are natural or synthetic chemicals that influence various aspects of plant growth and development. These compounds control physiological processes like cell division, elongation, flowering, fruit ripening, and responses to environmental stimuli. The major classes of PGRs include auxins, gibberellins, cytokinins, ethylene, and abscisic acid, each playing a distinct role. For example, auxins regulate cell elongation and root growth, while gibberellins promote stem elongation and seed germination. Cytokinins stimulate cell division, ethylene is involved in fruit ripening and leaf abscission, and abscisic acid helps plants cope with stress, such as drought.
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In agriculture, PGRs are widely used to enhance crop yield, improve plant resilience, and control the timing of growth phases. Synthetic PGRs are often applied to crops to manipulate traits like fruit size, shape, and flowering time. They are also used to manage plant height in ornamental plants or to delay leaf senescence in food crops. However, the application of PGRs must be carefully managed to avoid adverse effects on plant health or ecosystem balance. As scientific understanding of PGRs advances, they are becoming critical tools in sustainable agriculture and horticulture.
Key Market Players:
The Top 5 companies in the Plant Growth Regulators Market are:
BASF SE
DOW Chemical
FMC Corporation
Nufarm
Syngenta
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