Press release
Plant Antifreeze Market 2021 : Global Industry Trends, Share, Size, Growth, Opportunity And Forecast To 2031
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.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/3157
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.
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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.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/plant-antifreeze-market/purchase-options
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.
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