APAC Plant Growth Regulators Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.10 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Plant Growth Regulators Market Analysis
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.
APAC Plant Growth Regulators Market Trends
This section covers the major market trends shaping the APAC Plant Growth Regulators Market according to our research experts:
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.
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.
APAC Plant Growth Regulators Industry Overview
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.
APAC Plant Growth Regulators Market Leaders
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Bayer AG
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FMC Corporation
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Crystal Crop Protection
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Corteva Agri Science
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Sichuan Guoguang Agrochemical Co. Ltd
*Disclaimer: Major Players sorted in no particular order
APAC Plant Growth Regulators Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Cytokinins
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5.1.2 Auxins
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5.1.3 Gibberellins
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5.2 Application
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5.2.1 Crop Based
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5.2.2 Non Crop Based
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5.3 Geography
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5.3.1 China
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5.3.2 India
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5.3.3 Japan
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5.3.4 Australia
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5.3.5 Rest of Asia Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Bayer AG
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6.3.2 FMC Corporation
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6.3.3 Corteva AgriScience
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6.3.4 Sichuan Guoguang Agrochemical Co. Ltd
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6.3.5 Zeon Corporation
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6.3.6 Sumitomo Chemicals
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6.3.7 Adama
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6.3.8 BASF
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6.3.9 Crystal Crop Protection
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
APAC Plant Growth Regulators Industry Segmentation
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 |
APAC Plant Growth Regulators Market Research FAQs
What is the current Asia-Pacific Plant Growth Regulators Market size?
The Asia-Pacific Plant Growth Regulators Market is projected to register a CAGR of 8.10% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Plant Growth Regulators Market?
Bayer AG, FMC Corporation, Crystal Crop Protection, Corteva Agri Science and Sichuan Guoguang Agrochemical Co. Ltd are the major companies operating in the Asia-Pacific Plant Growth Regulators Market.
What years does this Asia-Pacific Plant Growth Regulators Market cover?
The report covers the Asia-Pacific Plant Growth Regulators Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Plant Growth Regulators Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Plant Growth Regulators Industry Report
Statistics for the 2024 Asia-Pacific Plant Growth Regulators market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Plant Growth Regulators analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
