Global plant growth regulators market is expected to exceed USD 6 billion by 2020, according to a new study by Grand View research, Inc. High allopathic medicine price is a key reason for growing herbal medicines demand which is expected to positively impact plant growth regulators market. Plant growth regulators are expected to witness significant growth in demand owing to its use in cotton metabolism in light of the growing cotton textile industry.
Cytokinins were the widest used plant growth regulators with market revenue exceeding USD 1.25 billion in 2013 owing to extensive use in herbal medicines. Increasing concerns regarding farmer profitability is expected to result in shift from conventional farming to organic farming which will provide favorable market opportunities.
To request a sample copy or view summary of this report, click the link below:
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/
Corporate Sales Specialist, USA
Grand View Research, Inc
- Global Application Server Market Analysis, Size, Share, Growth To 2020 by PTA Newsroom.
- Vertical Farming, Plant Factory Market To 2020 – Industry Analysis, Trends: PTA Newsroom.
- Low Iron Glass for Concentrating Solar Power (CSP) Market To 2020 – Market Size, Growth, Trends: PTA Newsroom.
- Concentrating Solar Power CSP Systems Market Size, Analysis, Trends To 2020 by PTA Newsroom.
- Turfing Vendor Wireless Communications Market To 2020 – Market Share, Growth, Trends: PTA Newsroom.
- Semiconductor Wireless Sensor Internet of Things (IoT) Market Trends, Company Share To 2020: PTA Newsroom.
- Hospital Patient Multi-Parameter Monitors Industry to 2019 – Market Outlook, Industry Growth: PTA Newsroom.