Turf & Ornamentals Biostimulants Market By Active Ingredients (Acids and Exiracts) By Application (Foliar, Seed, Soil ), By End users and By Geography – Global trends and Forecast 2019 Table of Contents
In 2014, the Global market is dominated by very large number of small players. Agrinos AG (Norway) is one of the emerging player in Global Biostimulants Market. The BASF SE (Germany) is leading the Global market with share of 7.00%. BASF’s crop protection division under the agriculture solution segment is engaged in research, development, production, and selling of crop protection products for the improvement of crop health and yield. The company provides agricultural biological products such as biostimulants and biopesticides product through its crop protection division. The company’s subsidiary—Becker Underwood—has a diversified biopesticides and biostimulants product portfolio, which offers the company a strategic leverage in the Global market.
These companies have competing for major chunk of Global Biostimulants Market with number of agreements, partnerships, and collaborations. For Example, Agrinos AS (Norway), along with its wholly owned North American subsidiary, Agrinos Inc., and Windcrofte Holdings, LLC (US) and its partner, Ameropa North America (US), have entered into a multi-year research agreement for the development of next generation yield enhancement technologies based on the Agrinos and Windcrofte Holdings product development platforms.
Besides, Agrinos AG (Norway), and BASF SE (Germany), Agrium Inc. (Canada) is major player in Global Biostimulants Market. The company entered into agreement with Koch Agronomic Services, LLC (US), an affiliate of Koch Fertilizer, LLC (US) to sell its Turf and Ornamental business for approximately $85-million including working capital.
The major players are investing a lot in Global Biostimulants Market. The company like Taminco (US) has focus on expanding their business through expansion in the world so that they can enhance its presence in the growing Biostimulants market.