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Global Plant Growth Regulators Market expected to reach $5,936.2m million in 2019

According to a new report published by Transparency Market Research the global demand for plant growth regulators was valued at USD 3,360.0 million in 2012 and is expected to reach USD 5,936.2 million in 2019, growing at a CAGR of 8.5 % from 2013 to 2019.

Demand for plant growth regulators was highest in Europe due to the growing consumer demand for organic food and major shift of agriculturists towards eco-friendly and cost effective agrochemical products. Demand for plant growth regulators in Asia Pacific is expected to witness the fastest growth, growing at a CAGR of 9.2% from 2013 to 2019. Emerging economies in Asia Pacific such as China and India are anticipated to dominate the market owing to the large demand for plant hormones in cotton production for its use in textile industry.

Read the complete summary of the report at www.sys-con.com. To purchase the report click here