PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1658680
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1658680
China Plant Growth Regulators Market, By Product Type; By Crop Type; By Application, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
China Plant Growth Regulators (PGRs) Market Size to Reach USD 252 Million by 2031
China Plant Growth Regulators (PGRs) Market is booming primarily due to an increasing focus on enhancing agriculture productivity through crop yield optimization and the growing adoption of organic farming methods.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated China Plant Growth Regulators (PGRs) Market size by value at USD 138.6 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects China Plant Growth Regulators (PGRs) Market size to boom at a robust CAGR of 8.40% reaching a value of USD 251.8 million by 2031. China Plant Growth Regulators (PGRs) Market is driven by the growing demand for high-yield crops to meet the rising food demand across the country and the world. Growing adoption of sustainable agricultural practices and organic farming boosts PGR usage. Government initiatives promoting advanced farming technologies and biostimulants contribute significantly. Additionally, the market benefits from the expanding horticulture and floriculture industries. Rising awareness about crop quality improvement and the shift toward eco-friendly agricultural solutions also drive the growth of PGRs Market in China.
Opportunity - Government's Increasingly Supportive Regulations
The growth of China Plant Growth Regulators (PGRs) Market is significantly driven by strong government support and favorable regulations promoting sustainable agricultural practices. Policies encourage the adoption of eco-friendly solutions and help in reducing the reliance on chemical inputs align with the country's environmental goals. Financial incentives, research grants, and subsidies for biostimulants and PGRs further support market expansion. These measures aim to enhance agricultural productivity while minimizing environmental impact, fostering increased adoption of PGRs among Chinese farmers.
Fruits & Vegetables Account for Largest Share of China PGRs Market
The fruits and vegetables segment holds the largest market share of China Plant Growth Regulators (PGRs) Market, due to the growing demand for high-quality produce, driven by increasing consumer awareness of health and nutrition. PGRs are widely used in fruits and vegetables to enhance growth, improve crop yield, and ensure quality standards. The China agricultural sector's increasing focus on sustainable practices and maximizing productivity further boosts the adoption of PGRs in the fruits & vegetables segment. Additionally, the expanding export market for Chinese fruits and vegetables contributes significantly to the segment's prominence within the overall PGRs market.
Impact of Escalating Geopolitical Tensions on China Plant Growth Regulators (PGRs) Market
Escalating geopolitical tensions could impact the growth of China Plant Growth Regulators (PGRs) Market by disrupting international trade, increasing raw material costs, and restricting access to advanced technologies. Export restrictions and tariffs may hinder market expansion globally, while strained relations could lead to sourcing challenges for critical inputs. Domestic demand may grow as China focuses on self-reliance in agriculture, but overall growth could face constraints due to heightened market uncertainties.
Competitive Landscape
China Plant Growth Regulators (PGRs) Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Chengdu Newsun Crop Science Co. Ltd, Jiangxi New Reyphon Biochemical Co. Ltd, Zhejiang Qianjiang Biochemical Co. Ltd, Shanghai Luze Biotech Co. Ltd, Shanghai Weidi Biochemical Co. Ltd (Nanchang), Jiangsu Sevencontinent Green Chemical Co. Ltd, Sichuan Guoguang Agrochemical Co. Ltd, Guangdong Geolong Biotech Co. Ltd, and Shandong A&Fine Agrochemicals Co. Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in China Plant Growth Regulators (PGRs) Market.
The report's in-depth analysis provides information about growth potential and upcoming trends in China Plant Growth Regulators (PGRs) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in China Plant Growth Regulators (PGRs) Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. China Plant Growth Regulators (PGRs) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Global Population
- 3.2.1.2. Growing Demand for High-Quality Produce
- 3.2.1.3. Changing Climate Conditions
- 3.2.2. Restraints
- 3.2.2.1. Strict Regulations and Safety Concerns
- 3.2.2.2. Development of Resistance
- 3.2.3. Opportunities
- 3.2.3.1. Government Support and Regulations
- 3.2.3.2. Advancement in Technology
- 3.2.4. Challenges
- 3.2.4.1. Environmental Concerns
- 3.2.4.2. High Costs
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. China Plant Growth Regulators (PGRs) Market Marketing Strategies
5. China Plant Growth Regulators (PGRs) Market: Pricing Analysis
6. China Plant Growth Regulators (PGRs) Market Overview
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.1.1. Auxins
- 6.2.1.2. Gibberellins
- 6.2.1.3. Ethylene
- 6.2.2. By Crop Type
- 6.2.2.1. Pulses & Oilseeds
- 6.2.2.2. Fruits & Vegetables
- 6.2.2.3. Turf & Ornamentals
- 6.2.3. By Application
- 6.2.3.1. Fertigation
- 6.2.3.2. Foliar
- 6.2.1. By Product Type
7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. China Plant Growth Regulators (PGRs) Company Market Share Analysis, 2024
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on China Plant Growth Regulators (PGRs) Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 9.1. Chengdu Newsun Crop Science Co. Ltd
- 9.2. Jiangxi New Reyphon Biochemical Co. Ltd
- 9.3. Zhejiang Qianjiang Biochemical Co. Ltd
- 9.4. Shanghai Luze Biotech Co. Ltd
- 9.5. Shanghai Weidi Biochemical Co. Ltd (Nanchang)
- 9.6. Jiangsu Sevencontinent Green Chemical Co. Ltd
- 9.7. Sichuan Guoguang Agrochemical Co. Ltd
- 9.8. Guangdong Geolong Biotech Co. Ltd
- 9.9. Shandong A&Fine Agrochemicals Co. Ltd
- 9.10. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Country
- 11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 China Plant Growth Regulators (PGRs) Segmentation
- Figure 2 China Plant Growth Regulators (PGRs) Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 China Plant Growth Regulators (PGRs) Market Size, By Value (USD Million), 2019-2031
- Figure 5 China Plant Growth Regulators (PGRs) Market Share, By Product Type, By Value, 2019-2031
- Figure 6 China Plant Growth Regulators (PGRs) Market Share, By Crop Type, By Value, 2019-2031
- Figure 7 China Plant Growth Regulators (PGRs) Market Share, By Application, By Value, 2019-2031
List of Tables
- Table 1 China Plant Growth Regulators (PGRs) Market Size, By Value (USD Million), 2019-2031
- Table 2 China Plant Growth Regulators (PGRs) Market Size, By Product Type, By Value, 2019-2031
- Table 3 China Plant Growth Regulators (PGRs) Market Size, By Crop Type, By Value, 2019-2031
- Table 4 China Plant Growth Regulators (PGRs) Market Size, By Application, By Value, 2019-2031
- Table 5 Chengdu Newsun Crop Science Co. Ltd Company Overview
- Table 6 Chengdu Newsun Crop Science Co. Ltd Financial Overview
- Table 7 Jiangxi New Reyphon Biochemical Co. Ltd Company Overview
- Table 8 Jiangxi New Reyphon Biochemical Co. Ltd Financial Overview
- Table 9 Zhejiang Qianjiang Biochemical Co. Ltd Company Overview
- Table 10 Zhejiang Qianjiang Biochemical Co. Ltd Financial Overview
- Table 11 Shanghai Luze Biotech Co. Ltd Company Overview
- Table 12 Shanghai Luze Biotech Co. Ltd Financial Overview
- Table 13 Shanghai Weidi Biochemical Co. Ltd (Nanchang) Company Overview
- Table 14 Shanghai Weidi Biochemical Co. Ltd (Nanchang) Financial Overview
- Table 15 Jiangsu Sevencontinent Green Chemical Co. Ltd Company Overview
- Table 16 Jiangsu Sevencontinent Green Chemical Co. Ltd Financial Overview
- Table 17 Sichuan Guoguang Agrochemical Co. Ltd Company Overview
- Table 18 Sichuan Guoguang Agrochemical Co. Ltd Financial Overview
- Table 19 Guangdong Geolong Biotech Co. Ltd Company Overview
- Table 20 Guangdong Geolong Biotech Co. Ltd Financial Overview
- Table 21 Shandong A&Fine Agrochemicals Co. Ltd Company Overview
- Table 22 Shandong A&Fine Agrochemicals Co. Ltd Financial Overview
