(EMAILWIRE.COM, January 16, 2017 ) Plant growth regulators are the chemical substances that affect the growth of the 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.

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The growth of the Global Plant Growth Regulators is majorly due to factors such as 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. 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.

The Global Plant Growth Regulators market is segmented as follows:

1) Based onType:
• Cytokinins
• Auxins
• Gibberellins
• Others

2) Based onCrop Type:
• Fruits & Vegetables
• Grains & Cereals
• Oil seeds
• Turf & Ornamental Grass
• Others

3) Geographical Segmentation:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

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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 global Plant Growth Regulators market are BASF SE, Bayer Crop Science, DuPont, FMC Corporation, Tata Chemicals Limited, and Xinyi Industrial Co Ltd.

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