The North American plant antifreeze market was valued at USD 0.69 billion in 2023 and is anticipated to reach USD 0.72 billion in 2024 from USD 1.03 billion by 2032, growing at a CAGR of 4.57% from 2024 to 2032.
An additive that 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 affect major metabolic processes and nutrient transportation in plants.
This, in turn, affects the growth and productivity of 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 to 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. An increase in the plant's ability to perform photosynthesis in freezing temperatures, an increase in crop yield, and economic benefits by decreasing 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. The availability of alternate methods and the lack of awareness hinder market growth.
On the basis of region, the North America Plant Antifreeze market is segmented into
North America leads the plant antifreeze market due to the extreme cold temperatures attained in this region and due to the presence of large agricultural land.
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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