Plant Antifreeze Market 2020

Plant Antifreeze Market was worth USD xx million in 2020 and is projected to grow at a CAGR of xx%, to reach USD xx million by 2025. 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 affects major metabolic processes and nutrient transportation in plants.

This, in turn, affects the growth and productivity if the plants. Certain plants produce polypeptides that 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.

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Irreversible damage to crops in cold temperatures and thereby reducing the crop yield is the major factor 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 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. The availability of alternate methods and lack of awareness are hindering the market growth.

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Market Segmentation

Product

  • Propylene Glycol
  • Methanol
  • Glycerin
  • Ethylene Glycol

Application

  • Fruits and Vegetables
  • Cereals and Grains
  • Oil Crops and Others

On the basis of region, the Global Plant Antifreeze market is segmented into

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East, and Africa

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 the antifreeze products.

Major Key Players:

Some of the major players in the Plant Antifreeze market are Syngenta, Dow AgroSciences, BASF SE, Bayer CropScience, Monsanto, DuPont de Nemours, Exxon Mobil, and Adama.