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Global Plant growth regulator market is valued $1,550 million in the year 2017 and is expected to grow at a CAGR of 4.6% from 2018 to 2023. The market is growing steadily due to wide adoption of ethylene across groups. Cytokinins is having the highest market share in the year 2017 and is followed by Ethylene which is valued $448.5 million and $386.2 million respectively in the year 2017 and is anticipated to grow with a CAGR of 4.6% and 5.9% from the year 2018 to 2023.
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Plant growth regulator market is valued $1,550 million in 2017 and is expected to grow at a CAGR of 4.6% from 2018 to 2023. Contact : sales@industryarc.com
The global market for Plant Growth Regulators was estimated to be at $1.55 billion in 2017 and it was projected to reach up to $2.036 billion by 2023. The market for cytokinins used in row crops was the largest accounting for $351.0 million in 2017 and it is estimated to reach $456.37 million by 2023, growing at a CAGR of 4.4%. There is a huge demand for cytokinins owing to their ability to induce drought resistance and stress tolerance in the crops such as cotton and sunflower. The market for cytokinins was rapidly growing in fruits and vegetables, exhibiting a growth of 5.3% to reach $90.7 million by 2023. Contact: sales@industryarc.com
Selected Analysis Done in the Full Report: • A value chain describes a series of stages that are involved in the industry from sourcing raw materials to distribution to end user and the value addition done at each stage. Various stakeholders involved in the global PGR plant growth regulator market are as follows: • Plant Growth Regulators Manufacturing Companies • Research Institutes • Distributors • Wholesalers • Retailers • End-users/Farmers Contact : sales@industryarc.com
Excerpts on Market Growth Factors Mentioned in the Full Report: • Global growing demand for cotton is fueling the use of Plant Growth Regulators in cotton cultivation to meet the requirement. This is one of the key driving factors for the growth of PGR market in the world, especially in the APAC and Latin American regions where cotton production is significantly high. • The need to improve the yield of food crops to cater to the food requirements of the increasing world population is another important point that propels Plant Growth Regulators market. Contact : sales@industryarc.com
Key Players of the Palletizing Systems Market BASF DOW Chemical FMC Corporation Nufarm Syngenta And 15+ more Download Sample Report Contact : sales@industryarc.com
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About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com
