As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients
purchasing this report between April and June 2020 will be getting a ‘free’
updated market data excel sheet between July and September 2020 accounting for
the impact of COVID-19 on the market in the current year 2020 and forecast.
Brazil plant growth regulators (PGRs)
market is expected to grow at an impressive rate during the forecast period. The
Brazil plant growth regulators (PGRs) market is driven by the increasing demand
for cotton by the flourishing textile industry in the country. Additionally,
growing popularity of decorative farming techniques and gardening in the
population is further expected to propel the market. Furthermore, ongoing
technological advancements and innovations in the farming techniques coupled
with new product launches by the major players in the market is expected to
create lucrative opportunities for the market growth. Besides, shift towards
greener farming techniques is further expected to positively impact the market
growth through 2025. Also, increasing production of sugarcane and corn is
further expected to spur the market growth over the next few years. However,
widespread use of agrochemicals can hamper the market growth during the
forecast period. Moreover, strict regulatory policies and long approval process
can further impede the market growth over the next few years.
The Brazil plant growth regulators
(PGRs) market is segmented based on type, crop type, function, formulation, company
and region. Based on type, the market can be categorized into auxin,
gibberellin, cytokinin and others. The cytokinin segment is expected todominate the market during the forecast period sine it delays the aging process
in plants and prevents leaf senescence. While gibberellin segment is also
expected to witness significant growth in the market since it helps in
increasing sugarcane yield, malting of barley, fruit & seed production,
among others. Based on crop type, the market can be grouped into fruits &
vegetables, cereals & grains, oilseeds & pulses and turf &
ornamentals. The fruit & vegetables segment is expected to dominate the
market owing to the increasing health awareness among the population and a
shift towards organic food. Based on formulation, the market can be fragmented
into water-dispersible & water-soluble granules, solutions, wettable
powders and tablets. The water-dispersible & water-soluble granules segment
is expected to dominate the market since they provide greater stability and
ease of handling during supply chain activities.
The major players operating in the
Brazil plant growth regulators (PGRs) market are Rotam Brazil, Sumitomo
Chemical Latin America, FMC Corporation, Bayer Brasil, Nufarm Brasil, BASF S.A.,
Syngenta Protecao de Cultivos Ltda., DuPont
Brasil, Dow Brasil S.A. and others. Major companies are developing advanced
technologies and launching new services in order to stay competitive in the
market. Other competitive strategies include mergers & acquisitions and new
service developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyze and estimate the market size of Brazil
plant growth regulators (PGRs) market from 2015 to 2018.
- To estimate and forecast the market size of Brazil
plant growth regulators (PGRs) market from 2019 to 2025 and growth rate
until 2025.
- To classify and forecast Brazil plant growth
regulators (PGRs) market based on type, crop type, function, formulation, company
and regional distribution.
- To identify dominant region or segment in the Brazil
plant growth regulators (PGRs) market.
- To identify drivers and challenges for Brazil plant
growth regulators (PGRs) market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Brazil
plant growth regulators (PGRs) market.
- To conduct pricing analysis in the Brazil plant
growth regulators (PGRs) market.
- To identify and analyze the profile of leading
players operating in Brazil plant growth regulators (PGRs) market.
- To identify key sustainable strategies adopted
by market players in Brazil plant growth regulators (PGRs) market.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Brazil plant growth regulators (PGRs) market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Plant growth regulators (PGRs)
manufacturers/ suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to plant growth regulators (PGRs)
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, Brazil plant
growth regulators (PGRs) market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
- Brazil Plant Growth Regulators (PGRs) Market, By
Type:
- Auxin
- Gibberellin
- Cytokinin
- Others
- Brazil Plant Growth Regulators (PGRs) Market, By Crop
Type:
- Fruits & Vegetables
- Cereals & Grains
- Oilseeds & Pulses
- Turf & Ornamentals
- Brazil Plant Growth Regulators (PGRs) Market, By Function:
- Stimulators
- Promotors
- Inhibitors
- Retardants
- Brazil Plant Growth Regulators (PGRs) Market, By Formulation:
- Water-Dispersible & Water-Soluble
Granules
- Solutions
- Wettable Powders
- Tablets
- Brazil Plant
Growth Regulators (PGRs) Market, By Region:
- South-Central
- South-West
- East
- North-East
- North-West
- North
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Brazil plant growth regulators (PGRs) market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Brazil plant growth
regulators (PGRs) market is an upcoming report to be released soon. If you wish
an early delivery of this report or want to confirm the date of release, please
contact us at sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com