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The Plant Hormone market is a subset of the Agrochemicals and Fertilizers industry. Plant hormones, also known as phytohormones, are naturally occurring chemicals that regulate plant growth and development. They are used to increase crop yields, improve crop quality, and reduce crop losses due to pests and diseases. Plant hormones are used in a variety of applications, including seed treatment, foliar application, and soil application. They are also used to promote flowering, fruit set, and fruit ripening.
Plant hormones are available in both synthetic and natural forms. Synthetic plant hormones are typically more cost-effective and have a longer shelf life than natural plant hormones. However, natural plant hormones are generally considered to be more effective and have fewer side effects.
The Plant Hormone market is highly competitive, with a number of large companies operating in the space. Some of the major players in the market include BASF, Bayer, Syngenta, Nufarm, and FMC Corporation. Show Less Read more