The global plant antifreeze market was valued at USD 2.03 billion in 2023 and is anticipated to reach USD 2.13 billion in 2024 from USD 3.10 million by 2032, growing at a CAGR of 4.80% 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 that act as antifreeze proteins and enable the survival of plants. Several plant antifreeze products are manufactured for use in crops, flowering plants, and large-scale garden plants to protect 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, thereby reducing crop yield, is the major factor in increasing the demand for plant antifreeze products. Increases 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 lack of awareness are hindering the market growth.
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 to 2032 |
|
Base Year |
2023 |
|
Forecast Period |
2024 to 2032 |
|
CAGR |
4.80% |
|
Segments Covered |
By Product, Application, and Region. |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
Syngenta, Dow AgroSciences, BASF SE, Bayer CropScience, Monsanto, DuPont de Nemours, Exxon Mobil, Adama and Others. |
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. The Asia Pacific is expected to be the fastest-growing market due to the growing awareness among the farmers regarding antifreeze products.
Syngenta, Dow AgroSciences, BASF SE, Bayer CropScience, Monsanto, DuPont de Nemours, Exxon Mobil, Adama. Some of the market players that are dominate the global plant antifreeze market.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region