Brazil Plant Growth Regulators (PGRs) Market By Type (Auxin, Gibberellin, Cytokinin, Others), By Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals), By Function (Stimulators, Promotors, Inhibitors, Retardants), By Formulation (Water-Dispersible & Water-Soluble Granules, Solutions, Wettable Powders, Tablets), By Company, By Region, Forecast & Opportunities, 2027

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.

 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]