2028 Plant Antifreeze Industry Report Growth Forecasts
Stratistics MRC's Global Plant Antifreeze Market value expected to reach $2.58 billion growing at a CAGR of 5.5% during 2020-2028.Plant antifreeze is a chemical, which reduce the freezing point of water inside the tissues of plants. Antifreeze chemicals stimulate plants to produce antifreeze proteins and antifreeze amino acids to prevent itself against cold and frost temporarily.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the rising awareness in regards to the need to maintain plant health and beneficial properties of plant antifreeze chemicals. Increasing personal disposable income of the population in the region is other market growth determinant.
Some of the key players profiled in the Plant Antifreeze Market include BASF SE, Ashland, Bayer, Chevron Philips Chemical Corporation, Cropaid International Limited, Dow, DuPont de Nemours, Exxon Mobil Corporation, Monsanto Europe, Sinopec Corp and Syngenta.
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