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Plant Antifreeze Market By Product, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 215 Pages
  • July 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670897
The global plant antifreeze market was valued at $1.9 billion in 2021, and is projected to reach $3.0 billion by 2031, growing at a CAGR of 5.0% from 2022 to 2031.

Plant antifreeze are chemicals, which reduce the freezing point of water inside the tissues of plants. These chemicals help plants to endure temperatures 2.2 to 9.4°F colder than usual, depending upon the species. Antifreeze chemicals such as ethylene glycol, propylene glycol, glycerin, and others stimulate plants to produce antifreeze proteins and antifreeze amino acids to prevent itself against cold and frost temporarily.

The plant antifreeze market is segmented on the basis of product, application, and region. On the basis of product, the market is categorized into ethylene glycol, propylene glycol, glycerin, and methanol. On the basis of application, the market is divided into cereals, horticulture crops, cash crops, turf & ornamental crops, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investments. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain intense competition in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the plant antifreeze market analysis from 2021 to 2031 to identify the prevailing plant antifreeze market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the plant antifreeze market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global plant antifreeze market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product

  • Ethylene Glycol
  • Propylene Glycol
  • Glycerin
  • Methanol

By Application

  • Cereals
  • Horticulture Crops
  • Cash Crops
  • Turfs and Ornamentals Crops
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA

Key Market Players

  • BASF SE
  • ADAMA
  • Bayer AG
  • Chevron Phillips Chemical Company LLC
  • ExxonMobil Corporation
  • Gharda Chemicals Ltd
  • Nufarm
  • Sumitomo Chemical Co., Ltd
  • Syngenta
  • DuPont

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Key Regulation Analysis
3.8.Value Chain Analysis
CHAPTER 4: PLANT ANTIFREEZE MARKET, BY PRODUCT
4.1 Overview
4.1.1 Market size and forecast
4.2 Ethylene Glycol
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Propylene Glycol
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Glycerin
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Methanol
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: PLANT ANTIFREEZE MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Cereals
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Horticulture Crops
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Cash Crops
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Turfs and Ornamentals Crops
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: PLANT ANTIFREEZE MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Product
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Product
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Product
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Product
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Product
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Product
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 France
6.3.4.2.1 Market size and forecast, by Product
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 UK
6.3.4.3.1 Market size and forecast, by Product
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Italy
6.3.4.4.1 Market size and forecast, by Product
6.3.4.4.2 Market size and forecast, by Application
6.3.4.5 Spain
6.3.4.5.1 Market size and forecast, by Product
6.3.4.5.2 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Product
6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Product
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Product
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Product
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Product
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Product
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Product
6.4.4.5.2 Market size and forecast, by Application
6.4.4.6 Rest Of Asia Pacific
6.4.4.6.1 Market size and forecast, by Product
6.4.4.6.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Product
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Product
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 South Africa,
6.5.4.2.1 Market size and forecast, by Product
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 Saudi Arabia
6.5.4.3.1 Market size and forecast, by Product
6.5.4.3.2 Market size and forecast, by Application
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Market size and forecast, by Product
6.5.4.4.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 BASF SE
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 ADAMA
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Bayer AG
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Chevron Phillips Chemical Company LLC
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 ExxonMobil Corporation
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Gharda Chemicals Ltd
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Nufarm
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Sumitomo Chemical Co., Ltd
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Syngenta
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 DuPont
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 2. Plant Antifreeze Market Size, for Ethylene Glycol, by Region, 2021-2031 ($Million)
Table 3. Plant Antifreeze Market for Ethylene Glycol, by Country, 2021-2031 ($Million)
Table 4. Plant Antifreeze Market Size, for Propylene Glycol, by Region, 2021-2031 ($Million)
Table 5. Plant Antifreeze Market for Propylene Glycol, by Country, 2021-2031 ($Million)
Table 6. Plant Antifreeze Market Size, for Glycerin, by Region, 2021-2031 ($Million)
Table 7. Plant Antifreeze Market for Glycerin, by Country, 2021-2031 ($Million)
Table 8. Plant Antifreeze Market Size, for Methanol, by Region, 2021-2031 ($Million)
Table 9. Plant Antifreeze Market for Methanol, by Country, 2021-2031 ($Million)
Table 10. Global Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 11. Plant Antifreeze Market Size, for Cereals, by Region, 2021-2031 ($Million)
Table 12. Plant Antifreeze Market for Cereals, by Country, 2021-2031 ($Million)
Table 13. Plant Antifreeze Market Size, for Horticulture Crops, by Region, 2021-2031 ($Million)
Table 14. Plant Antifreeze Market for Horticulture Crops, by Country, 2021-2031 ($Million)
Table 15. Plant Antifreeze Market Size, for Cash Crops, by Region, 2021-2031 ($Million)
Table 16. Plant Antifreeze Market for Cash Crops, by Country, 2021-2031 ($Million)
Table 17. Plant Antifreeze Market Size, for Turfs and Ornamentals Crops, by Region, 2021-2031 ($Million)
Table 18. Plant Antifreeze Market for Turfs and Ornamentals Crops, by Country, 2021-2031 ($Million)
Table 19. Plant Antifreeze Market Size, for Others, by Region, 2021-2031 ($Million)
Table 20. Plant Antifreeze Market for Others, by Country, 2021-2031 ($Million)
Table 21. Plant Antifreeze Market, by Region, 2021-2031 ($Million)
Table 22. North America Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 23. North America Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 24. North America Plant Antifreeze Market, by Country, 2021-2031 ($Million)
Table 25. U.S. Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 26. U.S. Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 27. Canada Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 28. Canada Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 29. Mexico Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 30. Mexico Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 31. Europe Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 32. Europe Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 33. Europe Plant Antifreeze Market, by Country, 2021-2031 ($Million)
Table 34. Germany Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 35. Germany Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 36. France Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 37. France Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 38. UK Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 39. UK Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 40. Italy Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 41. Italy Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 42. Spain Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 43. Spain Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 44. Rest of Europe Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 45. Rest of Europe Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 46. Asia-Pacific Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 47. Asia-Pacific Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 48. Asia-Pacific Plant Antifreeze Market, by Country, 2021-2031 ($Million)
Table 49. China Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 50. China Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 51. Japan Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 52. Japan Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 53. India Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 54. India Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 55. South Korea Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 56. South Korea Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 57. Australia Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 58. Australia Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 59. Rest of Asia-Pacific Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 60. Rest of Asia-Pacific Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 61. LAMEA Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 62. LAMEA Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 63. LAMEA Plant Antifreeze Market, by Country, 2021-2031 ($Million)
Table 64. Brazil Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 65. Brazil Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 66. South Africa, Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 67. South Africa, Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 68. Saudi Arabia Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 69. Saudi Arabia Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 70. Rest of LAMEA Plant Antifreeze Market, by Product, 2021-2031 ($Million)
Table 71. Rest of LAMEA Plant Antifreeze Market, by Application, 2021-2031 ($Million)
Table 72. Basf Se: Company Snapshot
Table 73. Basf Se: Operating Segments
Table 74. Basf Se: Product Portfolio
Table 75. Basf Se: Net Sales
Table 76. Basf Se: Key Stratergies
Table 77. Adama: Company Snapshot
Table 78. Adama: Operating Segments
Table 79. Adama: Product Portfolio
Table 80. Adama: Net Sales
Table 81. Adama: Key Stratergies
Table 82. Bayer Ag: Company Snapshot
Table 83. Bayer Ag: Operating Segments
Table 84. Bayer Ag: Product Portfolio
Table 85. Bayer Ag: Net Sales
Table 86. Bayer Ag: Key Stratergies
Table 87. Chevron Phillips Chemical Company LLC: Company Snapshot
Table 88. Chevron Phillips Chemical Company LLC: Operating Segments
Table 89. Chevron Phillips Chemical Company LLC: Product Portfolio
Table 90. Chevron Phillips Chemical Company LLC: Net Sales
Table 91. Chevron Phillips Chemical Company LLC: Key Stratergies
Table 92. Exxonmobil Corporation: Company Snapshot
Table 93. Exxonmobil Corporation: Operating Segments
Table 94. Exxonmobil Corporation: Product Portfolio
Table 95. Exxonmobil Corporation: Net Sales
Table 96. Exxonmobil Corporation: Key Stratergies
Table 97. Gharda Chemicals Ltd: Company Snapshot
Table 98. Gharda Chemicals Ltd: Operating Segments
Table 99. Gharda Chemicals Ltd: Product Portfolio
Table 100. Gharda Chemicals Ltd: Net Sales
Table 101. Gharda Chemicals Ltd: Key Stratergies
Table 102. Nufarm: Company Snapshot
Table 103. Nufarm: Operating Segments
Table 104. Nufarm: Product Portfolio
Table 105. Nufarm: Net Sales
Table 106. Nufarm: Key Stratergies
Table 107. Sumitomo Chemical Co., Ltd: Company Snapshot
Table 108. Sumitomo Chemical Co., Ltd: Operating Segments
Table 109. Sumitomo Chemical Co., Ltd: Product Portfolio
Table 110. Sumitomo Chemical Co., Ltd: Net Sales
Table 111. Sumitomo Chemical Co., Ltd: Key Stratergies
Table 112. Syngenta: Company Snapshot
Table 113. Syngenta: Operating Segments
Table 114. Syngenta: Product Portfolio
Table 115. Syngenta: Net Sales
Table 116. Syngenta: Key Stratergies
Table 117. Dupont: Company Snapshot
Table 118. Dupont: Operating Segments
Table 119. Dupont: Product Portfolio
Table 120. Dupont: Net Sales
Table 121. Dupont: Key Stratergies
List of Figures
Figure 1. Plant Antifreeze Market Segmentation
Figure 2. Plant Antifreeze Market,2021-2031
Figure 3. Plant Antifreeze Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Plant Antifreeze Market:Drivers, Restraints and Opportunities
Figure 12. Key Regulation Analysis
Figure 13. Value Chain Analysis
Figure 14. Plant Antifreeze Market,By Product,2021(%)
Figure 15. Comparative Share Analysis of Ethylene Glycol Plant Antifreeze Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Propylene Glycol Plant Antifreeze Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Glycerin Plant Antifreeze Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Methanol Plant Antifreeze Market,2021-2031(%)
Figure 19. Plant Antifreeze Market,By Application,2021(%)
Figure 20. Comparative Share Analysis of Cereals Plant Antifreeze Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Horticulture Crops Plant Antifreeze Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Cash Crops Plant Antifreeze Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Turfs and Ornamentals Crops Plant Antifreeze Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Others Plant Antifreeze Market,2021-2031(%)
Figure 25. Plant Antifreeze Market by Region,2021
Figure 26. U.S. Plant Antifreeze Market,2021-2031($Million)
Figure 27. Canada Plant Antifreeze Market,2021-2031($Million)
Figure 28. Mexico Plant Antifreeze Market,2021-2031($Million)
Figure 29. Germany Plant Antifreeze Market,2021-2031($Million)
Figure 30. France Plant Antifreeze Market,2021-2031($Million)
Figure 31. Uk Plant Antifreeze Market,2021-2031($Million)
Figure 32. Italy Plant Antifreeze Market,2021-2031($Million)
Figure 33. Spain Plant Antifreeze Market,2021-2031($Million)
Figure 34. Rest of Europe Plant Antifreeze Market,2021-2031($Million)
Figure 35. China Plant Antifreeze Market,2021-2031($Million)
Figure 36. Japan Plant Antifreeze Market,2021-2031($Million)
Figure 37. India Plant Antifreeze Market,2021-2031($Million)
Figure 38. South Korea Plant Antifreeze Market,2021-2031($Million)
Figure 39. Australia Plant Antifreeze Market,2021-2031($Million)
Figure 40. Rest of Asia-Pacific Plant Antifreeze Market,2021-2031($Million)
Figure 41. Brazil Plant Antifreeze Market,2021-2031($Million)
Figure 42. South Africa, Plant Antifreeze Market,2021-2031($Million)
Figure 43. Saudi Arabia Plant Antifreeze Market,2021-2031($Million)
Figure 44. Rest of LAMEA Plant Antifreeze Market,2021-2031($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. BASF SE.: Net Sales ,($Million)
Figure 52. Adama.: Net Sales ,($Million)
Figure 53. Bayer AG.: Net Sales ,($Million)
Figure 54. Chevron Phillips Chemical Company LLC.: Net Sales ,($Million)
Figure 55. Exxonmobil Corporation.: Net Sales ,($Million)
Figure 56. Gharda Chemicals Ltd.: Net Sales ,($Million)
Figure 57. Nufarm.: Net Sales ,($Million)
Figure 58. Sumitomo Chemical Co. Ltd.: Net Sales ,($Million)
Figure 59. Syngenta.: Net Sales ,($Million)
Figure 60. Dupont.: Net Sales ,($Million)

Executive Summary

The global plant antifreeze market sizewas valued at $1.9 billion in 2021, and is projected to reach $3.0 billion by 2031, growing at a CAGR of 5.0% from 2022 to 2031.

Plant antifreeze are the chemicals which are used to reduce the freezing point of water inside the tissues of a plant in extreme cold temperature. In addition, plant antifreeze chemicals include ethylene glycol, propylene, glycerin, and other chemicals stimulates plants to produce plant antifreeze proteins. These proteins enhance the plant productivity during subzero temperatures. It has wide range of applications in sectors such as cereal, horticulture, cash crops, agriculture, and others.

The rise in population, and increase in disposable income has enhanced the purchasing power of people for high end products that includes ornamental crops, cash crops, and others. In addition, expansion of agricultural industry and horticulture industry has led the adoption of plant antifreeze chemicals across the globe owing to its ability of enhancing plant productivity and photosynthesis activity during subzero temperatures. These factors are predicted to enhance the growth of the plant antifreeze market during forecast period.

However, fluctuations in the prices of raw material impedes the growth of the plant antifreeze market. In addition, plant antifreeze products are not required in tropical regions owing to high temperature all over the year. These factors together may hamper the growth of the plant antifreeze market during the forecast period.

On the contrary, plant antifreeze chemical reduces the financial losses caused due to freezing temperatures and it enhances the ability of plants for photosynthesis, thereby improving yields. This factor is predicted to create remunerative opportunities for expansion of the plant antifreeze market in the future.

The plant antifreeze market forecast is segmented on the basis of product, application, and region. By product, the market is segregated into ethylene glycol, propylene glycol, glycerin, and methanol. The propylene glycol segment dominated the global market, in terms of revenue in 2021, and accounted for 46% of the total share. This is attributed to the fact that propylene glycol helps in preventing the crops from frost in subzero temperature that enhances the plant productivity and stimulates plants to secrets plants antifreeze chemicals in extreme cold weathers.

By application, the market is divided into cereals, horticulture crops, cash crops, turfs and ornamental crops, and others. The cereals segment dominated the global market in terms of revenue in 2021, with 46% of the total share. The cereals and grains market is witnessing high growth as they are a rich source of vitamins and minerals, and are used in large amounts in animal feed. Owing to these factors manufacturers have put more emphasis on the production of plant antifreeze chemicals. It will help in cereal production during subzero temperature.

Region-wise, the plant antifreeze market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The North America plant antifreeze market size is projected to grow at the highest CAGR during the forecast period, and accounted for a major 46% of market share in 2021, owing to rise in awareness about plant antifreeze chemicals especially in the developing economies are the major key market trends fostering the growth of the plant antifreeze market in the North America region.

Key players operating in the global plant antifreeze market analysis include BASF SE, ADAMA, Bayer AG, Chevron Phillips Chemical Company LLC, DuPont, ExxonMobil Corporation, Gharda Chemicals Ltd, Nufarm, Sumitomo Chemical Co., Ltd., and Syngenta.

Key Findings of the Study

  • By type, the propylene glycol segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.5% from 2022 to 2031.
  • By application, the cereals segment is anticipated to register the highest CAGR of 5.3% during the forecast period.
  • By region, North America garnered the highest plant antifreeze market share of 46% in 2021, in terms of revenue, growing at a CAGR of 5.1%.

Companies Mentioned

  • Basf Se
  • Adama
  • Bayer AG
  • Chevron Phillips Chemical Company LLC
  • Exxonmobil Corporation
  • Gharda Chemicals Ltd
  • Nufarm
  • Sumitomo Chemical Co. Ltd
  • Syngenta
  • Dupont

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information