Data Bridge Market Research analyses that the plant antifreeze market will project a compound annual growth rate (CAGR) of 3.50% during the forecast period of 2021-2028. Growing awareness about the need for protection of plants against cold and harsh weather, especially in the ice-cold regions, surge in the requirement for effective heat dissipation, and rapidly increasing industry competitiveness are attributable to the growth of plant antifreeze market. This means that the plant antifreeze market value, which was USD 2.00 billion in 2020 will climb up to USD 2.63 billion by the year 2028.


In winters, plants secrete antifreeze proteins which help them to tolerate the cold. Plant antifreezes are the chemicals that help a plant endure temperatures 2.2 to 9.4F colder than usual. In other words, plant antifreeze chemicals are used to reduce the freezing point of water inside the tissues of a plant. The plant antifreeze chemicals stimulate the plants to produce antifreeze proteins and antifreeze amino acids. The antifreeze proteins and antifreeze amino acids help to protect the plants against cold and frost for a temporary period. In other words, the antifreeze proteins and antifreeze amino acids bind together to inhibit the growth of ice crystals. Different types of plant antifreeze chemicals are available in the market. This means that one must have a deep knowledge of the plant species and the taxonomy of plant antifreeze chemicals.

 

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Rising awareness about antifreeze chemicals especially in the developing economies, will emerge as the major factor fostering the growth of plant antifreeze market. Rising awareness about the beneficial properties of plant antifreeze, such as these chemicals enhance the ability of photosynthesis in plants will also act as an important factor determining the growth of plant antifreeze market. Growth and expansion of agricultural industry and horticulture industry, especially in the developing economies coupled with increasing personal disposable income will further create lucrative and remunerative growth opportunities for the plant antifreeze market. Rising industrialization, globalization and increased focus of the farmers towards multiplications of productivity will also carve the way for the growth of the plant antifreeze market. Plant antifreeze chemicals help in lowering the budget for heating technologies and this will also bolster the market growth rate.

However, fluctuations in the prices and availability of raw materials will pose a major challenge to the growth of plant antifreeze market. Also, requirement of huge expenditure for research and development activities will further slowdown the plant antifreeze market growth rate.

Competitive Landscape and Plant Antifreeze Market Share Analysis

The global plant antifreeze market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to plant antifreeze market.

The major players covered in the plant antifreeze market report are Exxon Mobil Corporation, Ashland, BASF SE, Chevron Philips Chemical Corporation, Total S.A., Sinopec Corp., Dow., DuPont, Bayer AG, Syngenta, ADAMA India Private Limited, Cropaid International Limited, Meister Media Worldwide, Tate & Lyle, Huntsman Corporation LLC, and LUKOIL among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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This plant antifreeze market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the plant antifreeze market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Plant Antifreeze Market Scope and Market Size

The global plant antifreeze market is segmented on the basis of product type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Based on the product type, the plant antifreeze market is segmented into glycerine, propylene glycol and ethylene glycol.
  • Based on the application, the plant antifreeze market is segmented into crops, fruit plants, flowering plants and others.

Plant Antifreeze Market Country Level Analysis

The global plant antifreeze market is analyses and market size, volume information is provided by country by product type and application as referenced above.

The countries covered in the plant antifreeze market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).

Asia-Pacific region is set to undergo high substantial gains during the forecast period and register the highest compound annual growth rate (CAGR) for this period. This is because of the rising awareness in regards to the need to maintain plant health and beneficial properties of plant antifreeze chemicals. Increasing personal disposable income is other indirect market growth determinant.

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