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.
China plant growth regulators (PGRs)
market is expected to grow at a steady rate during the forecast period. The China
plant growth regulators (PGRs) market is driven by the growing need for food
safety for meeting the demand of its ever increasing population. Additionally,
these PGRs help in improving ripening and propagation process thereby
propelling the market growth through 2025. Furthermore, decreasing arable lands
for cultivation has drastically increased the demand for PGRs. Besides, shift
towards greener farming techniques and increased adoption of sustainable
farming techniques is further expected to positively impact the market growth.
Moreover, supportive government agricultural policies are further expected to
spur the market over the next few years. However, high cost of PGRs can hamper
the market growth during the forecast period. Additionally, lack of awareness
among the farmers pertaining to PGRs and their benefits further restricts the
market growth.
The China 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 since it increases the capacity
of plants to tolerate water deficiency by guarding nitrogen and carbon
integration process during stressful conditions. Additionally, cytokinin help
in branching, nutrient remobilization and facilitate the growth of flowers and
seeds. While auxin segment is also expected to witness significant growth in
the market owing to their increasing use in medicinal plants, tissue culture
and plant propagation. Based on function, the market can be fragmented into stimulators,
promotors, inhibitors and retardants. The promoters segment is expected to
dominate the market over the next few years on account of their increased use
on fruits & vegetables to enhance the flowering process thereby increasing
yield. Additionally, promoters help in early stages of development thereby
driving the growth of segment.
The major players operating in the
China plant growth regulators (PGRs) market are Xinyi Industrial, Sichuan
Guoguang Agrochemical Co Ltd, China Biotech Agriculture CBA Co., Ltd., SinoHarvest,
Jiangsu Longguang Chemical Co., Ltd., King Quenson Group, BASF (China) Co. Ltd.,
Dow Chemical China Co Ltd, Bayer China Ltd., FMC Corporation 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 China
plant growth regulators (PGRs) market from 2015 to 2018.
- To estimate and forecast the market size of China
plant growth regulators (PGRs) market from 2019 to 2025 and growth rate
until 2025.
- To classify and forecast China plant growth
regulators (PGRs) market based on type, crop type, function, formulation, company
and regional distribution.
- To identify dominant region or segment in the China
plant growth regulators (PGRs) market.
- To identify drivers and challenges for China plant
growth regulators (PGRs) market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in China
plant growth regulators (PGRs) market.
- To conduct pricing analysis in the China plant
growth regulators (PGRs) market.
- To identify and analyze the profile of leading
players operating in China plant growth regulators (PGRs) market.
- To identify key sustainable strategies adopted
by market players in China 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 China 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, China plant growth
regulators (PGRs) market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- China Plant Growth Regulators (PGRs) Market, By
Type:
- Auxin
- Gibberellin
- Cytokinin
- Others
- China Plant Growth Regulators (PGRs) Market, By Crop
Type:
- Fruits & Vegetables
- Cereals & Grains
- Oilseeds & Pulses
- Turf & Ornamentals
- China Plant Growth Regulators (PGRs) Market, By Function:
- Stimulators
- Promotors
- Inhibitors
- Retardants
- China Plant Growth Regulators (PGRs) Market, By Formulation:
- Water-Dispersible & Water-Soluble Granules
- Solutions
- Wettable Powders
- Tablets
- China 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 China 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).
China 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