The Europe agriculture anti-transpirant market is expected to reach USD 109.45 million in 2024 and reach USD 131.23 million by 2029, growing at a CAGR of 3.70% from 2024 to 2029.
The process through which water is brought all the way from roots of the plant to the underside of 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.
Europe Agriculture Anti-Transpirant Market Drivers and Restraints:
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, growing popularity for gardens and homegrown shrubs due to the increase in disposable incomes and increasing use of cut flowers and small tress for decorative and aesthetic purposes are expected to drive the growth of agriculture 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 Europe agriculture anti-transpirant market is segmented and sub-segmented into the following categories.
Europe Agriculture Anti Transpirant Market – By Type:
Stomatal Closing type anti transpirants lead the market as some of the fungicides and herbicides also function as anti transpirants through inducing stomatal closure.
Europe Agriculture Anti Transpirant Market – By Application:
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.
Europe Agriculture Anti Transpirant Market – By Country:
Germany accounts for the largest market share in this region as it is home to most of the country's agricultural production.
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.
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