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Plant Growth Regulators Market
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The Plant Growth Regulators Market is expected to reach $5.41 billion by 2031, at a CAGR of 9% from 2024 to 2031, while in terms of volume, the market is expected to reach 126,145.1 tons by 2031, at a CAGR of 6.6% from 2024 to 2031. The growth of the plant growth regulators market is driven by the increasing need for sustainable agricultural practices, growth in organic farming & the rising demand for organic food, increased investments from leading market players, and the rising demand for high-value crops. However, the regulatory and financial hurdles for new market entrants and farmers’ limited awareness about plant growth regulators are restraining the growth of this market.

Moreover, emerging countries with agricultural diversity and extensive arable lands are expected to offer growth opportunities for the players operating in this market. On the other hand, lengthy product registration and approval procedures are a major challenge impacting market growth.

Here are the top 10 companies operating in the Plant Growth Regulators Market

Syngenta AG (A Part of China National Chemical Corporation/ChemChina) (Switzerland)

Syngenta AG (Switzerland)Founded in 2000 and headquartered in Basel, Switzerland, Syngenta is a global provider of agricultural science and technology. The company operates through two segments: Crop Protection and Seeds. The crop protection segment provides fungicides, herbicides, plant growth regulators, seed treatment, and insecticides. The company operates in the high-value commercial sectors of field crops (including corn, oilseeds, cereals, and sugar beet) and vegetables.

With its subsidiary and strong distribution network in more than 100 countries, the company has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Bayer AG (Germany)

Bayer AG (Germany)Founded in 1863 and headquartered in Leverkusen, Germany, Bayer provides crop protection, biotechnology research, and agriculture technology solutions to farmers. The company operates through three business segments: Pharmaceuticals, Crop Science, and Consumer Health. The company operates in the plant growth regulators market through its Crop Science segment. Its product portfolio comprises crop science services in seeds, crop protection, non-agricultural pest control, plant growth solutions, and services for sustainable agriculture. Some of its subsidiaries are DeKalb Genetics Corporation (U.S.), Seminis (U.S.), Asgrow Seed Co LLC (U.S.), and Monsanto Technology LLC (U.S.).

With its subsidiaries and strong distribution network in more than 83 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

BASF SE (Germany)

BASF SE (Germany)Founded in 1865 and headquartered in Ludwigshafen, Germany, BASF is involved in the manufacturing and supplying of various products. The company operates through six business segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The company also provides its products to various industries, such as petrochemicals, coatings, chemicals, food, industrial, and agriculture. The company provides plant growth regulators through its Agricultural Solutions segment.

With its subsidiaries and strong distribution network in more than 90 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Corteva, Inc. (U.S.)

Corteva, Inc. (U.S.)Founded in 2019 and headquartered in Indiana, U.S., Corteva specializes in seeds and crop protection products, plant growth regulators, software solutions, and digital services. It became an independent public company on June 1, 2019, and was previously the Agriculture Division of DowDuPont. Corteva operates through two segments: Seed and Crop Protection. The company also offers various natural products, such as biologicals. The biologicals portfolio from Corteva helps farmers meet these standards with products that can often be used right up until harvest to control diseases and pests when maximum residue limits are a concern.

With its subsidiaries and a strong distribution network in more than 140 countries and 100 manufacturing and production units, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Sumitomo Chemical Co., Ltd. (Japan)

Sumitomo Chemical Co., Ltd. (Japan)Founded in 1913 and headquartered in Tokyo, Japan, Sumitomo Chemical is a chemical company that offers a diverse range of chemical products. The company operates through five business segments: Essential Chemicals & Plastics, Energy & Functional Materials, IT-related Chemicals, Health & Crop Sciences, and Pharmaceuticals. The company offers plant growth regulators through its Health & Crop Sciences business segment.

With its subsidiaries and a strong distribution network, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Meticulous Research in its latest publication on Plant Growth Regulators Market has predicted the growth of 9% during the forecast year 2024-2031.

FMC Corporation (U.S.)

FMC Corporation (U.S.)Founded in 1883 and headquartered in Pennsylvania, U.S., FMC Corporation is a chemical company that specializes in agricultural crop protection products. The company’s agricultural solutions segment develops, manufactures, and sells crop protection solutions, including both synthetic and biological, such as insecticides, herbicides, fungicides, plant growth regulators, and biostimulants that are used in agriculture to enhance crop yield by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The company operates through five business segments: Insecticides, Herbicides, Fungicides, Plant Health, and Others.

FMC operates in more than 50 countries and has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

UPL Limited (India)

UPL Limited (India)Founded in 1969 and headquartered in Mumbai, India, UPL is engaged in the manufacturing and marketing of agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals across the globe. The company operates through three business segments: Crop Protection, Seeds Business, and Non-agro. Its crop protection business segment offers various products, including soil and seed health, fungicides, herbicides, insecticides, plant growth regulators, adjuvants, and acaricides. In October 2013, the company changed its name from United Phosphorus Limited to UPL Limited.

With 44 manufacturing facilities and 1,238 product formulations, the company has a geographical presence in more than 138 countries across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Nufarm Limited (Australia)

Nufarm Limited (Australia)Founded in 1916 and headquartered in Melbourne, Australia, Nufarm develops, manufactures, and sells crop protection solutions, including herbicides, insecticides, fungicides, and plant growth regulators, that protect crops against weeds, pests, and diseases. The company operates through two business segments: Crop Protection and Seed Technology. The crop protection segment deals in manufacturing and selling crop protection products used by farmers to protect crops from damage caused by weeds, pests, and disease.

With its subsidiaries and a strong distribution network, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Tata Chemicals Ltd. (India)

Tata Chemicals Ltd. (India)Founded in 1939 and headquartered in Mumbai, India, Tata Chemicals manufactures, processes, and distributes chemical products. The company operates through two business segments: Basic Chemistry Products and Specialty Products. The Basic Chemistry Products segment comprises inorganic chemicals, such as soda ash, salt, and sodium bicarbonate. The Specialty Products segment includes three product categories: specialty silica, prebiotics, and Agri inputs. The company offers plant growth regulators through its Specialty Products business segment.

With its subsidiaries and a strong distribution network, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Fine Americas Inc. (U.S.)

Founded in 1983 and headquartered in California, U.S., Fine Americas manufactures and distributes agrochemical products. The company offers plant growth regulators for the agricultural, greenhouse ornamental, and landscape markets and is a recognized center of excellence for PGR technology. The company has a geographical presence across North America, Europe, and Latin America.

Popular Mention: Nippon Soda Co., Ltd. (Japan), Barclay Chemicals Manufacturing Limited (Ireland), Hangzhou Tianlong Biotechnology Co., Ltd. (China), Sichuan Guoguang Agrochemical Co., Ltd. (China), and Sikko Industries Limited (India).

Authoritative Research on the Plant Growth Regulators Market – Global Opportunity Analysis and Industry Forecast (2024-2031)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

  • Recent financial performance
  • Key products
  • Significant company strategies
  • Partnerships and acquisitions

The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.

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