DUBLIN, Jan. 24, 2024 /PRNewswire/ — The “Agricultural Films – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Agricultural Films Market to Reach $15.2 Billion by 2030
The global market for Agricultural Films estimated at US$11.2 Billion in the year 2022, is projected to reach a revised size of US$15.2 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.
LLDPE, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$5.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the LDPE segment is readjusted to a revised 3.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 6.8% CAGR
The Agricultural Films market in the U.S. is estimated at US$3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2 Billion by the year 2030.
What’s New?
- Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its ‘bumpy’ reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Agricultural Films – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
FOCUS ON SELECT PLAYERS
- Ab Rani Plast Oy
- Achilles Corporation
- Agri Plast Tech India Pvt., Ltd.
- AL-PACK Enterprises Ltd.
- Anhui Guofeng Plastic Industry Co., Ltd.
- BASF SE
- Berry Global, Inc.
- Coveris Group
- Dow, Inc.
- DuPont de Nemours, Inc.
- ExxonMobil Corporation
- Ginegar Plastic Products Ltd.
- Groupe Barbier
- Grupo Armando Alvarez SA
- Im Sanin Srl (Moldova)
- Industrial Development Company (Indevco) Sal (Lebanon)
- Kuraray Co., Ltd.
- Novamont SpA
- Plastik V Sdn. Bhd.
- Plastika Kritis SA
- POLIFILM GmbH
- RKW Agri GmbH & Co. KG
- RPC Group PLC
- Trioplast Industrier AB
For more information about this report visit https://www.researchandmarkets.com/r/38xsj8
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SOURCE Research and Markets
