North America Plant Growth Regulators Market was worth USD 1300.4 million in 2021 and estimated to be growing at a CAGR of 4.09%, to reach USD 1600.33 million by 2026. Plant growth regulators are chemical substances that affect the growth of plants in many complex ways. They regulate important activities such as cell division, shoot growth, and flowering.
Plant growth regulators are naturally occurring components that control the development and progress of plants. Some of them like cytokinins and auxins are man-made artificial growth regulators which are employed on plants to get a multitude of changes. Several of the plant growth regulators are prepared by the tissues of the plant.
Drivers and Restraints:
The growth of the North America Plant Growth Regulators market is majorly due to factors such as the increasing need for enhanced crop productivity, growing textile industry, and increasing demand for cotton. The initiatives taken by the government are another major factor driving the market in this region. However, factors such as less awareness among the farmers, few product innovations, and lower output of Plant growth regulators when compared to chemical fertilizers are restraining the growth of the market in this region.
Cytokinins
Geographical Analysis:
The North America market has been geographically segmented into segmented into
The demand for plant growth regulators has been extremely prevalent in North America owing to the swiftly developing organic farming industry combined with the massive cotton industry, especially in the United States.
Key Players:
The main policies implemented by the companies to increase their market share in the plant growth regulators market are new products, and mergers & acquisitions. The strategy of efficient and strong yielding products would lead to improved user gratification. The major companies dominating the Plant Growth Regulators market in this region are BASF SE, Bayer Crop Science, DuPont, FMC Corporation, Tata Chemicals Limited, and Xinyi Industrial Co Ltd.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Cytokinins
5.1.2 Auxins
5.1.3 Gibberellins
5.1.4 Others
5.2 By Crop Type
5.2.1 Fruits & Vegetables
5.2.2 Grains & Cereals
5.2.3 Oil seeds
5.2.4 Turf & Ornamental Grass
5.2.5 Others
6. Geographical Analysis
6.1 Introduction
6.2 United States
6.3 Canada
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Bayer Crop Science
8.3 DuPont
8.4 FMC Corporation
8.5 Tata Chemicals Limited
8.6 Xinyi Industrial Co Ltd
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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