Agricultural Films Market Insights:
Agricultural Films Market was valued at USD 10.9 Billion in 2021 and is anticipated to grow at a CAGR of 6.45% and is expected to reach USD 19.13 Billion by 2030.
The increased adoption of Agricultural Films in the Petrochemicals industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Agricultural Films also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Agricultural Films in many sectors also boosts the market growth during the forecast period.
Stretchable plastics used to protect plants in open fields and greenhouses are known as agricultural films. Crop productivity is increased by these films. Several additives, such as UV, thermal stabilisers, and anti-fogging agents, have been added to improve the performance and lifespan of these plastic films. Food demand has increased the use of efficient plastic films in agriculture.
Agricultural Films Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Polymer Type (Low density polyethylene, Linear low density polyethylene, High density polyethylene, EVA/EBA, Reclaim, Others), By Application (Greenhouse(Classic greenhouse, Macro tunnels/Walking tunnels, Low tunnels), Silage(Silage stretch films, Silage sheet, Silage bags), Mulching(Black mulches, Transparent mulches, Other mulch films)), and companies (NOVAMONT S.P.A.,RKW Group, AGRIPOLYANE, Trioplast Industrier AB, POLIFILM GROUP, BASF SE, Berry Global Inc.,Exxon Mobil Corporation, DowDuPont, Ab Rani Plast Oy, RPC Group PLC), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 6.45%, over the forecast period of 2022–2030.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||19.13 Billion|
|By Polymer Type||Low density polyethylene, Linear low density polyethylene, High density polyethylene, EVA/EBA, Reclaim, Others|
|By Application||Greenhouse(Classic greenhouse, Macro tunnels/Walking tunnels, Low tunnels), Silage(Silage stretch films, Silage sheet, Silage bags), Mulching(Black mulches, Transparent mulches, Other mulch films)|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||NOVAMONT S.P.A.,RKW Group, AGRIPOLYANE, Trioplast Industrier AB, POLIFILM GROUP, BASF SE, Berry Global Inc.,Exxon Mobil Corporation, DowDuPont, Ab Rani Plast Oy, RPC Group PLC|
The COVID-19 pandemic has had a substantial negative influence on the Agricultural Films market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
NOVAMONT S.P.A.,RKW Group, AGRIPOLYANE, Trioplast Industrier AB, POLIFILM GROUP, BASF SE, Berry Global Inc.,Exxon Mobil Corporation, DowDuPont, Ab Rani Plast Oy, RPC Group PLC
Market Segment Analysis:
By Polymer Type
- Low density polyethylene
- Linear low density polyethylene
- High density polyethylene
- Classic greenhouse
- Macro tunnels/Walking tunnels
- Low tunnels
- Silage stretch films
- Silage sheet
- Silage bags
- Black mulches
- Transparent mulches
- Other mulch films
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Agricultural Films industries in the region.
Key Agricultural Films Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Agricultural Films Market segments.
– Largest Market Share Held by Industry to Industry for Agricultural Films
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Agricultural Films Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
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