Plant Growth Regulators Market Share 2013 - 2019

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Plant Growth Regulators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Published Date 11-March-2014

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Global Plant Growth Regulators Market is Expected to Reach USD 5,936.2 Million in 2019: Transparency Market Research

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Plant Growth Regulators Market

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Plant Growth Regulators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 According to a new report published by Transparency Market Research "Plant Growth Regulators (Cytokinins, Auxins and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global demand for plant growth regulators was valued at USD 3,360.0 million in 2012 and is expected to reach USD 5,936.2 million in 2019, growing at a CAGR of 8.5 % from 2013 to 2019. Browse Global Plant Growth RegulatorsMarket Report with Full TOC at http://www.transparencymarketresearch.com/plant-growth-regulators.html Factors such as increasing demand for plant growth regulators for manufacturing cotton with the growth of the textile industry, and increasing organic farming owing to augmenting demand for organic food is expected to fuel the demand for the plant growth regulators over the forecast period. Increasing globalization coupled with the demand for growing profitability has in many aspects, forced the agrochemical industry into major restructuring, where companies are focusing towards developing innovative and less threatening crop protection products such as plant growth regulators. Rising preference of farmers towards other agrochemicals such as fertilizers is expected to hamper the growth of the market. Focus towards developing cost effective...