
Plant Antifreeze Market Forecasts to 2028 – Global Analysis By Product (Methanol, Natural Plant, Propylene Glycol, Glycerin), Application (Cash Crops, Horticulture Crops, Cereals and Grains) and By Geography
According to Stratistics MRC, the Global Plant Antifreeze Market is accounted for $1.68 billion in 2020 and is expected to reach $2.58 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Increasing demand from the agriculture industry, to enhance the ability of plants for photosynthesis and rising awareness in the developing economies are driving the market growth. However, fluctuations in the prices and toxicity of antifreeze are hampering the growth of the market.
Plant antifreeze is a chemical, which reduce the freezing point of water inside the tissues of plants. Antifreeze chemicals stimulate plants to produce antifreeze proteins and antifreeze amino acids to prevent itself against cold and frost temporarily.
Based on the application, the cereals and grains segment is going to have lucrative growth during the forecast period as cereals are grown in almost all countries and the global demand for plant antifreeze is high for them. Moreover, with the growth in cereal production and consumption, it has become important for producers to focus more on its yield and quality. Plant antifreeze enhances the ability of cereals, thereby improving yields.
By geography, Asia Pacific is going to have high growth during the forecast period due to the rising awareness in regards to the need to maintain plant health and beneficial properties of plant antifreeze chemicals. Increasing personal disposable income of the population in the region is other market growth determinant.
Some of the key players profiled in the Plant Antifreeze Market include BASF SE, Ashland, Bayer, Chevron Philips Chemical Corporation, Cropaid International Limited, Dow, DuPont de Nemours, Exxon Mobil Corporation, Monsanto Europe, Sinopec Corp and Syngenta.
Products Covered:
• Methanol
• Natural Plant
• Ethylene Glycol
• Propylene Glycol
• Glycerin
Applications Covered:
• Turfs and Ornamentals Crops
• Cash Crops
• Horticulture Crops
• Cereals and Grains
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
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