Greenhouse Film Market 2023 Size, Share & Global Forecast by Ginegar Plastic Products, Lumite, RPC, Agriplast, Agriplast Tech, Essen Multipack, Beijing Kingpeng International Hi-Tech, Central Worldwide, Vis and Son, Thai Charoen Thong Karntor and Tuflex

Overview:

Need for better indoor ambient control of the greenhouse has propelled the growth of Global Greenhouse Film Market. Sunlight and temperature are essential factors for better crop yielding. The films are mostly used to protect crops from excessive rain, wind, and other factors. Regions with fluctuating temperature are showing increasing demands for such films. Yet, that’s not the only factor spurring the growth of Greenhouses. Decreasing arable lands are also proving vital for the rising number of greenhouses and ensuing film market. This has currently become a global phenomenon. At the same time, off-season harvesting has taken a tailwind from the global agricultural consumer base which is boosting the greenhouse film market growth. Its efficiency in controlling the right temperature for the products has been tested and accredited. Owing to these factors, the Global Greenhouse Film Market is expecting a stellar CAGR of 11% during the forecast period (2018-2023), reveals Market Research Future (MRFR) in the well-articulated report.

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However, the high cost of the heating system installation and the short lifespan of the films can hold the expected growth in abeyance for a significant span of time. But this can be countered by the implementation of advanced technologies.

Segmentation:

The Global Greenhouse Film Market can be segmented into Resin Type, Thickness and Application.

Based on Resin Type, the market comprises polyethylene, ethylene vinyl acetate (EVA), ethylene butyl acrylate (EBA), polyvinyl chloride, polycarbonate, Low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), and high-density polyethylene (HDPE).

Thickness-wise, the market can be segmented into 80200 microns.

Application-based segmentation of the market consists vegetables, flowers & ornamentals, fruits, and others.

Regional Analysis:

Geographically, the Global Greenhouse Film Market encompasses five regions namely Europe, Latin America (LATAM), Asia Pacific (APAC), North America, and the Middle East & Africa (MEA).

The APAC is the current market frontrunner and is expected to grow with a significant CAGR during the forecast period. The region has a massive population base owing to which it witnesses a surge in the agricultural produce all the time. This factor is triggering the growth of the local market considerably. The tropical climate is also playing a decisive role in the zone. Most of the countries in the region are founded on agrarian economies and with enlightened farmers, the business is getting much precedence.

Market Dashboard:

The market is densely packed with several key players who are constantly launching innovative products to stay afloat in the competitive market. For instance, AT Films, Inc. has launched Luminance to diffuse light considerably. The University of Pittsburgh, by launching nano-engineering, has made plastic films recyclable which can give prominence to the more sustainable use of these films.

Key players operating in the Global Greenhouse Film Market are Gineger Plastic Products Ltd. (Israel), Plastika Kritis S.A. (Greece), RKW SE (Germany), Agriplast Srl (Italy), bpi indupac (U.K.), POLIFILM EXTRUSION GmbH(Germany), Grupo Armando Alvarez (Spain), Eiffel S.p.A (Italy), Fvg Folien Vertriebs GmbH (Germany), A.A Politiv (Israel), Agripolyane (France), and others.

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Industry News:

Among the latest technologies, CU Bolder technology is quite impressive which can be obtained as a semi-translucent film. This film can split light to have the desired result. For instance, it converts the less-desirable green wavelength of light into a red wavelength that increases production capacity of the plants and reduces energy consumption.

AGC Chemicals Americas, Inc. has recently launched F-Clean films that can provide around 93% light transmittance and offers higher ultraviolet transmission compared to that of glass, polyethylene, and polycarbonate allowing a full spectrum of the light to cover the cultivation area.

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This release was published on openPR.