Press release
Agriculture Textile Market Expected to be Worth USD 20.99 billion, Size, Trends, Growth Factors, Key Players, Segment Analysis and Forecast 2029
Agriculture Textile Market Overview:The increasing demand from the agricultural sector for a better quality of crops, increased productivity and technological advancements are driving the demand for the Agriculture Textile market. Furthermore, the commercialization of bio-based agricultural products coupled with raising farming standards and advancement in technologies is also driving the demand for the Agriculture Textile market. The increased use of agro textile in horticulture and animal husbandry is also increasing the demand for Agriculture Textile market. The various types of materials used in agro textiles such as polyethylene, polyester, nylon and other are strong and highly resistant to UV rays and other external factors. This is further widening the demand of the Agriculture Textile market.
The global Agriculture Textile market size was valued at USD 1 0.2billion in 2020 and is expected to grow USD 20.99 billion by 2029, at a compound annual growth rate (CAGR) of 5.1% from 2022-2029.
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Agriculture Textile Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Beaulieu Technical Textiles, Belton Industries, Inc., Meyabond Industry & Trading (Beijing) Co. Ltd., Capatex Ltd., Neo Corp International Ltd., Diatex, Hy-Tex (U.K.) Ltd., Zhongshan Hongjun Nonwovens Co. Ltd., SRF Ltd., Tama Plastic Industry, Hebei Ainin and Others
Recent Development
In August 2021, Suumaya Industries Ltd has acquired a 51% stake in agri-tech startup payAgri Innovations to expand its farm business. Suumaya Industries, which is into textile business, has recently ventured into the agri-commodity business through its 100% subsidiary Suumaya Agro Ltd.
In July 2020, Beaulieu Technical Textiles launched Agrolys WH FR which was the very first halogen-free, flame-retardant reflective woven groundcover.
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Agriculture Textile Market Segmentation:
Agriculture Textile Market by Product, 2020-2029, (USD Million) (Kilotons)
Shade Nets
Mulch Nets
Anti-Hail Nets Bird Protection Nets
Fishing Nets
Agriculture Textile Market by Fiber Material, 2020-2029, (USD Million) (Kilotons)
Nylon, Polyethylene
Polypropylene
Polyester
Natural Fiber
Biodegradable Synthetic Fibers
Agriculture Textile Market by Application, 2020-2029, (USD Million) (Kilotons)
Agriculture
Horticulture And Floriculture
Aquaculture
Growth Factors:
Increasing demand from the Agriculture Textile industries
The growing use of Agriculture Textile in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Agriculture Textile Market
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Agriculture Textile Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Agriculture Textile Market Trends
- The report identifies, determines, and forecasts the Global Agriculture Textile Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Agriculture Textile Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Agriculture Textile Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Agriculture Textile Market.
Frequently Asked Questions (FAQ):
1)What is the Agriculture Textile market growth?
2) Which product segment accounts for the highest market share in the Agriculture Textile market?
3) Does the Agriculture Textile market company is profiled in the report?
4) Which are the top companies hold the market share in Agriculture Textile market?
5) How can I get sample reports/company profiles for the Agriculture Textile market?
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