In terms of value, the agricultural film market is estimated to grow from USD 12.2 billion in 2022 to USD 18.2 billion by 2028, at a CAGR of 6.9%. As the overall world’s population is increasing the universal focus on increasing agricultural productivity, growing demand for the dairy industry, and improvements in agricultural film expertise are increased. These factors have all contributed to the global expansion of the agricultural films market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=741
Based on type, the agricultural films market is segmented into Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), reclaim, Ethyl-Vinyl Acetate, High Density Polyethylene (HDPE), and others. The LLDPE segment accounted for the largest market share, in terms of both value and volume, in 2022. LLDPE is most suitable material for agricultural films Due to its remarkable flexibility and elongation properties, LLDPE can stretch and adapt to uneven surfaces like soil and plants. Moreover, LLDPE exhibits high resistance to punctures and tearing, which protects the film from harm during installation and use. This characteristic is particularly crucial in agricultural settings, where the film may face rugged outdoor conditions and potential harm from tools, machinery, and wildlife.
Based on application, the agricultural films are segmented into greenhouse films (classic greenhouse, macro tunnel or walking tunnel and low tunnel), mulch films ( transparent or clear mulches, black mulches, and other mulches), and silage films (silage stretch wrap, silage sheet, and silage bag). Among them, the mulch film accounted for the largest market share, in terms of value, in 2022. Mulch films are principally utilized in agriculture, particularly in horticulture, to enhance soil quality, save water, manage weed growth, and maintain optimal soil temperature.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=741
Based on region, Asia Pacific dominated the agricultural films market, in terms of both value and volume, in 2022. This is due to changing farming practices and the rising population in region especially in China and India. Likewise, the Asia Pacific is projected to be the fastest growing market, in terms of value, during the forecast period 2023 to 2028.
The key players profiled in the report include Berry Plastics Group, Inc. (US), Kuraray Co., Ltd. (Japan), Coveris (Austria), RKW Group (Germany), BASF SE (Germany), Rani Group (Finland), and The Dow Chemical Company (US). The requirement of agricultural films is raising due to the mounting number of nano greenhouse and risen use of biodegradable films are the opportunities for the key players. Likewise, to tap these opportunities key players should focus on new innovations and manufacturing of biodegradable films.
Inquire Now: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=741
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/agricultural-mulch-films-market-741.html