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Plant Antifreeze Market 2021 : Global Industry Trends, Share, Size, Growth, Opportunity And Forecast To 2031

04-18-2024 09:38 AM CET | Science & Education

Press release from: Allied Market Research

Plant Antifreeze Market 2021 : Global Industry Trends, Share,

According to the latest report by Allied Market Research, the global plant antifreeze market reached an estimated value of $1.9 billion in 2021 and is forecasted to reach $3.0 billion by 2031, with a steady CAGR of 5.0% from 2022 to 2031. The report offers a comprehensive analysis covering prime investment opportunities, effective strategies, market drivers, opportunities, size estimations, competitive landscape, and evolving market trends. It serves as a valuable resource for industry leaders, newcomers, investors, and stakeholders to devise strategies and enhance their market position.

The COVID-19 pandemic disrupted the supply of agro-food products globally, leading to temporary closures or downsizing of operations among synthetic plant antifreeze manufacturers due to infection risks among the workforce. Consequently, this disruption temporarily impacted the demand and supply chain of the plant antifreeze market.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… :

Plant antifreeze refers to chemicals that lower the freezing point of water within plant tissues, enabling plants to withstand temperatures 2.2 to 9.4ยฐF colder than usual, depending on the species. These chemicals, such as ethylene glycol, propylene glycol, glycerin, and others, stimulate plants to produce antifreeze proteins and amino acids, offering temporary protection against cold and frost.

The global plant antifreeze market is segmented based on product, application, and region. The report provides an exhaustive analysis of these segments, facilitating investors and market players in devising strategies based on revenue-generating and fastest-growing segments.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @

By product, the propylene glycol segment accounted for over two-fifths of the total market revenue in 2021 and is projected to maintain dominance through 2031, with the fastest CAGR of 5.5% during the forecast period. Additionally, segments such as ethylene glycol, glycerin, and methanol are also analyzed in the report.

In terms of application, the cereals segment dominated the global plant antifreeze market in 2021, capturing nearly half of the market share and expected to maintain its lead through 2031, with the fastest CAGR of 5.5% during the forecast period. Other segments including horticulture crops, cash crops, and turfs & ornamental crops are also evaluated in the study.

Regionally, North America held the largest share of the global plant antifreeze market in 2021, accounting for approximately half of the market revenue and projected to retain its dominance through 2031. Meanwhile, the Asia-Pacific region is anticipated to exhibit the fastest CAGR of 5.5% during the forecast period. Other regions covered in the report include LAMEA and Europe.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ข๐ง ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐•๐ข๐ฌ๐ข๐ญ ๐‡๐ž๐ซ๐ž:

The key market players analyzed in the report include Bayer AG, Chevron Phillips Chemical Company LLC, DuPont, ADAMA, ExxonMobil Corporation, Gharda Chemicals Ltd, Nufarm, Sumitomo Chemical Co., Ltd., and BASF SE. These players have adopted various strategies such as partnerships, expansions, collaborations, and joint ventures to showcase their expertise in the industry. The report provides insights into their business performance, product portfolio, operating segments, and developments, aiding stakeholders in informed decision-making.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :
Biochar Market :

Circuit Materials Market :

Isophytol Market :

Low Temperature Coating (Low Cure Coating) Market :

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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