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Latin America Agriculture Anti Transpirant Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type, Application, And by Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 5542
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Agriculture Anti Transpirant Market Size (2024 to 2029):

The Latin American agriculture anti-transpirant market size is expected to reach USD 348.39 million and reach USD 444.64 million by 2029, growing at a CAGR of 5% 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.

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 Latin American agriculture anti transpirant market is segmented and sub-segmented into the following categories: 

Latin America Agriculture Anti Transpirant Market – By Type:

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

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

Latin America Agriculture Anti-Transpirant Market – By Application:

  • Crops
  • Garden
  • Turf and 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.

Latin America Agriculture Anti-Transpirant Market – By Country:

  • Mexico
  • Argentina
  • Brazil
  • Chile
  • Rest Of Latin America

Brazil is the major agricultural based economy in this region and it accounts for the largest market share of agriculture anti transpirant market.

KEY MARKET PLAYERS:

Some of the major players in 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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