Plant Growth Regulator Market
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Plant Growth Regulator Market Size and Growth
The Plant Growth Regulator market is experiencing significant growth, driven by increasing agricultural productivity demands and sustainable farming practices. The global market size is projected to reach approximately $4 billion by 2026, reflecting a robust CAGR. Key trends include advanced formulations and eco-friendly products catering to diverse crops and regions.
Companies Covered (Covid 19 Impact Covered)
◍ BASF SE(Germany)
◍ Syngenta AG(Switzerland)
◍ Bayer CropScience AG(Germany)
◍ Nufarm Ltd.(Australia)
◍ FMC Corporation(US)
The Plant Growth Regulator Market features key players like BASF SE, Syngenta AG, and Bayer CropScience, which innovate and expand product offerings to drive market growth. Companies such as FMC Corporation and Sumitomo Chemical focus on sustainability and efficiency, enhancing agricultural productivity. Selected 2022 sales revenues include:
- BASF SE: ~$81 billion
◍ Sumitomo Chemical Company, Limited. (Japan)
- Bayer CropScience: ~$22 billion
◍ Sichuan Guoguang Agrochemical Co. Ltd. (China)
- Syngenta AG: ~$11 billion
◍ Xinyi (H.K.) Industrial Co. Ltd.(Hong kong)
◍ Crop Care Australasia Pty. Ltd.(Australia)
◍ Cheminova A/S(US)
◍ (US)n Vangaurd Corporation(US)
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Market Segmentation
By Application
Planting
By Product
◍ Cytokinins
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Auxins
Gibberellins
Ethylene/Ethylene Releasers
Mepiquat Chloride
Market Growth
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$ X Billion USD
