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.
• Natural Plant
• Ethylene Glycol
• Propylene Glycol
• Turfs and Ornamentals Crops
• Cash Crops
• Horticulture Crops
• Cereals and Grains
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.