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 2027. 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 to
dominate 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.
Objective of the Study:
- To analyze and estimate the market size of Brazil plant growth
regulators (PGRs) market from 2017 to 2020.
- To estimate and forecast the market size of Brazil plant growth
regulators (PGRs) market from 2021 to 2027 and growth rate until 2027.
- 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.
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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.
|
Attribute
|
Details
|
|
Base
Year
|
2021
|
|
Historical
Years
|
2017 –
2020
|
|
Estimated
Year
|
2022E
|
|
Forecast
Period
|
2023F –
2027F
|
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F
|
|
Report
Coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
Covered
|
- Type
- Crop Type
- Function
- Formulation
|
|
Region
Scope
|
South-Central;
South-West; East; North-East; North-West; North
|
|
Key Companies
Profiled
|
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.
|
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
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 [email protected]