Asia-Pacific Plant Growth Regulators Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Asia Pacific Plant Growth Regulators Market is segmented by Type (Cytokinins, Auxins, and Gibberellins), Application (Crop-based and Non-crop-based), and Geography (China, India, Japan, Australia and Rest of Asia Pacific).

Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 8.1 %

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Market Overview

Asia - Pacific plant growth regulators market is projected to register a CAGR of 8.1% during the forecast period. Plant growth regulators are the chemicals that promote the physiological process in the plants and aid in their growth. Growing organic farming coupled with the need for sustainable agriculture is the prime driver of the market whereas the unpopularity of plant growth regulators among the rural farmers is the major market restraint. 

Scope of the report

Plant growth regulators are chemical compounds, other than nutrients, that modify plant physiological processes. The report presents an in-depth analysis of the plant growth regulators, which include market size, driving forces, and competitive environment across the various countries present in the Asia Pacific region. The market is segmented by type, application, and geography.

Type
Cytokinins
Auxins
Gibberellins
Application
Crop Based
Non Crop Based
Geography
China
India
Japan
Australia
Rest of Asia Pacific

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Key Market Trends

Increasing Organic Framing Drives the Market.

Plant growth regulators are essential in organic farming to promote the growth of the plants. Organic plant growth regulators such as seaweed plant growth promoters have been using in organic farming extensively. The popularity for organic farming has been continuously growing in some major countries like India, China, Australia, etc,. Therefore growing organic agriculture combined with the demand for organic food is anticipated to push the market further in the coming years.

Plant growth regulators are chemical compounds, other than nutrients, that modify plant physiological processes.

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Need for Sustainable Farming

Plant growth regulators play a key role in the minimization of environmental stress and expanding the yield of crops. The growing population and limited land availability can cause significant food scarcity across the region and it is already seen in some parts of the Asian countries. In order to increase crop productivity, sustainable farming became mandatory. Thus, the application of plant growth regulators, which is one of the components of sustainable farming is anticipated to increase in the coming years.

Asia-Pacific Plant Growth Regulators: Revenue in USD Million, India, 2016 - 2019

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Competitive Landscape

Asia-Pacific plant growth regulators market is highly fragmented with many players in the market. The players are mainly focused in launching new products along with strategic investments in expansion. Bayer AG, FMC Corporation, Crystal Corporation are some of the leading players in the region.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Cytokinins

      2. 5.1.2 Auxins

      3. 5.1.3 Gibberellins

    2. 5.2 Application

      1. 5.2.1 Crop Based

      2. 5.2.2 Non Crop Based

    3. 5.3 Geography

      1. 5.3.1 China

      2. 5.3.2 India

      3. 5.3.3 Japan

      4. 5.3.4 Australia

      5. 5.3.5 Rest of Asia Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Bayer AG

      2. 6.3.2 FMC Corporation

      3. 6.3.3 Corteva AgriScience

      4. 6.3.4 Sichuan Guoguang Agrochemical Co. Ltd

      5. 6.3.5 Zeon Corporation

      6. 6.3.6 Sumitomo Chemicals

      7. 6.3.7 Adama

      8. 6.3.8 BASF

      9. 6.3.9 Crystal Crop Protection

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19

**Subject to Availability

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Frequently Asked Questions

The Asia-Pacific Plant Growth Regulators Market market is studied from 2016 - 2026.

The Asia-Pacific Plant Growth Regulators Market is growing at a CAGR of 8.1% over the next 5 years.

Bayer AG, FMC Corporation, Crystal Crop Protection, Corteva Agri Science, Sichuan Guoguang Agrochemical Co. Ltd are the major companies operating in Asia-Pacific Plant Growth Regulators Market.

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