Asia Pacific Agriculture Anti Transpirant Market

Asia Pacific Agriculture Anti Transpirant Market Size (2024 to 2029):

The Asia Pacific agriculture anti-transpirant market is expected to reach USD 376.71 million in 2024 and reach USD 499.25 million by 2029, growing at a CAGR of 5.80% from 2024 to 2029.

The process through which water is brought all the way from the roots of the plant to the underside of the leaves, where it evaporates and is released into the atmosphere, is called transpiration. Transpiration is necessary for a plant to transfer materials inside it. However, there are instances, such as high temperatures, in which transpiration takes place at a faster pace.

To prevent excessive water loss from the plant, it is required to prevent or reduce transpiration. Anti-transpirants are used for this purpose. They are made from natural or chemical compounds. They are generally applied to the leaves of plants to reduce transpiration. They are used on crops, cut flowers, Christmas trees, and newly planted shrubs to protect them from drying out. Some of the anti-transpirants work by inhibiting the release of hydrogen cations from the guard cells or by inducing stomatal closure.

The inability to supply sufficient water for the plants due to the increasing water scarcity is the major factor for the increase in demand for anti-transpirants. Increasing horticulture practice, the growing popularity of gardens and homegrown shrubs due to the increase in disposable incomes, and the increasing use of cut flowers and small trees for decorative and aesthetic purposes are expected to drive the growth of the agriculture's anti-transpirant market. However, a lack of proper awareness among farmers and high prices of the products are restraining the market growth.

This research report on the Asia Pacific agriculture anti-transpirant market is segmented and sub-segmented into the following categories.

Asia Pacific Agriculture Anti-Transpirant Market – By Type:

• Stomatal Closing Type
• Film Forming Type
• Reflectance Type
• Growth retardant

Stomatal Closing type transpirants lead the market as some of the fungicides and herbicides also function as anti-transpirants by inducing stomatal closure.

Asia Pacific Agriculture Anti Transpirant Market – By Application:

• Crops
• Garden
• Turf
• Ornamental

Crops lead the anti-transpirants market as crops account for most of the agriculture in the world. Anti-transpirants are mostly used in horticulture to prevent too much loss of water and also to prevent too much growth of shoots of the plants. Newly planted shrubs and small plants in gardens cannot withstand huge loss of water, and hence, gardens are the fastest growing market segment.

Asia Pacific Agriculture Anti Transpirant Market – By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Asia Pacific is the fastest-growing market segment due to the growing awareness among farmers and other agricultural practitioners and the presence of large agricultural land in China and India.

KEY MARKET PLAYERS:

Some of the major players in the Agriculture Anti Transpirant market are Miller Chemical & Fertilizer, Beijing Shenlanlin, Coastal AgroBusiness, Wilt-Pruf Products, Sumi Agro, PBI-Gordon Corporation, Bonide, Aquatrols, and Shanghai Zhilv.