Certain chemical substances influence the growth and differentiation ofplant tissues, cells, and organs. These chemical substances are known as plant growth regulators. Theseregulators work as chemical messengers for the purpose of intercellularcommunication. They are called as plant hormones.
Of late, plant growth regulators have gathered popularity in variousparts of the world, especially in countries where agriculture plays asignificant role. In these countries, these products are utilized asbi-stimulants or bio-inhibitors and it changes the physiological processes ofall the plants. Agricultural sector is likely to be automated and mechanized asadvancement in science improves chances of utilization of novel inputs. Thesenovel inputs are expected to maximize yield of crops in the years to come.These factors are estimated to propel growth of the global plant growthregulators market.
Some of the names to reckon with in the global plantgrowth regulators market are TATA Chemicals, Valent BioscienceCorporation, Adama Agricultural Solutions Ltd, Redox Industries Limited, ArystaLifeScience Corporation, and Sumitomo Chemical Co. Ltd.
Exhausting extensive methods of research, Transparency Market Researchprophesizes that the global plant growth regulators market is anticipated torise at a robust growth over the timeframe of forecast.
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Increased Awareness to Accelerate Market Growth inAsia Pacific
The global plant growth regulators market is likely to be divided intothe key regions of North America, Middle East and Africa, Asia Pacific, Europe,and Latin America. These regional segments are anticipated to provide anin-depth analysis of the regional markets with both micro and macro economicfactors at play.
Asia Pacific is likely to exert dominance in the global plant growthregulators market over the tenure of forecast. The region is likely to continuewith its regional dominance in the years to come as well. Increased awarenessabout plant growth regulators coupled with government initiatives to encourageits use has helped in fostering growth of the plant growth regulators market.Several countries in Asia Pacific rely on agriculture, which is likely to offerlucrative opportunities of growth for the plant growth regulators market in theregion.
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Increased Demand for Organically Produced GoodsOffers Lucrative Growth Opportunities
The increasing demand for organically produced goods is likely togenerate more demand for the chemical thereby driving the growth of the globalplant growth regulators market in years to come. At present, severalpharmaceutical companies are making huge amount of investment in research anddevelopment to come up with medicines made from plant extracts. These medicinesare herbal medicines.
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Biotechnology and medicine fields have witnessed tremendoustechnological progress in the last few years. Such technological progress is expectedto assist in the development of disease specific plant growth regulators. Withthe emergence of edible vaccines, it is likely that the global plant growthregulators market will witness growth in years to come. As edible vaccines makeforay into the market, it is expected that the growth of the global plantgrowth regulators market will witness further growth.
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