The Europe plant antifreeze market size is expected to reach USD 0.64 million in 2024 and is anticipated to reach USD 0.78 million by 2029, growing at a CAGR of 4%, from 2024 to 2029.
Additive which is used to reduce the freezing point of water or water based liquid is known as antifreeze. In freezing low temperatures, dew on the plant surface or water under the surface freezes. This might result in frost injuries to the plant and affects major metabolic processes and nutrient transportation in plants.
This in turn affects the growth and productivity if the plants. Certain plants produce polypeptides which act as antifreeze proteins and enable the survival of plants. Several plant antifreeze products are manufactured to use for crops, flowering plants and large scale garden plants protect the crops in subzero temperatures. Some of the antifreeze products such as Cropaid stimulate plants to produce antifreeze proteins.
Irreversible damage to crops in cold temperatures and thereby reducing the crop yield is the major factor increasing the demand for plant antifreeze products. Increase in the plant ability to perform photosynthesis in freezing temperatures, increase in crop yield and economic benefits by decreasing the crop damage are driving the market growth. However, antifreeze products are not required in tropical regions due to the high temperatures all over the year. Availability of alternate methods and lack of awareness are hindering the market growth.
Ethylene glycol holds the largest market share as it increases the boiling point of water in the plants in addition to reducing freezing point providing additional advantage during summer. However, propylene glycol is replacing ethylene glycol to its toxicity issues on humans and animals.
Fruits and vegetables hold the largest market share as the flowering season will be greatly affected due to the freezing temperatures.
On the basis of region, the Europe Plant Antifreeze market is segmented into UK, Germany, Italy, Spain and France. Europe occupies the second highest market share next only to North America and is expected to retain that position during the forecast period.
Some of the major players in Plant Antifreeze market are Syngenta, Dow AgroSciences, BASF SE, Bayer CropScience, Monsanto, DuPont de Nemours, Exxon Mobil and Adama.
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