North America Agriculture Anti Transpirant Market was worth USD xx billion in 2021 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2026.
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 cation from the guard cells or by inducing stomatal closure.
Drivers and Restraints of North America Agriculture Anti Transpirant Market:
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, lack of proper awareness among farmers and high prices of the products are restraining the market growth.
North America Agriculture Anti Transpirant Market - By Type:
Reflectance 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.
North America 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 shoot 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.
Geographical Analysis
On the basis of region, the North America Agriculture Anti Transpirant market is categorized into
North America leads the Agriculture Anti Transpirant market due to high adoption rate of these products, especially in horticulture. Increasing garden maintenance also leads to high demand for anti transpirants in this region.
Key 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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