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Agricultural Films Market is Expected to Surpass the value US$ 25.1 Bn By 2031

02-29-2024 05:33 AM CET | Chemicals & Materials

Press release from: Transparency Market Research

Agricultural Films Market is Expected to Surpass the value US$

The agricultural films market is witnessing robust expansion, driven by the increasing adoption of advanced farming techniques and the growing demand for high-quality agricultural produce. These films are primarily used for mulching, greenhouse farming, and soil protection, contributing significantly to agricultural productivity.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=996&utm_source=OPENPR%2FjayashriB&utm_campaign=OPENPR

Market Size and Growth:
The market is expected to witness a compound annual growth rate (CAGR) of 7.4% during the forecast period, with a projected market value surpassing US$ 25.1 Bn by 2031. Factors such as rising population, declining arable land, and the need for sustainable farming practices are fueling the demand for agricultural films globally.

Market Segmentation:
By Service Type:

Mulch Films
Greenhouse Films
Silage Films
Others

By Sourcing Type:

Virgin Films
Recycled Films

By Application:

Soil Protection
Crop Protection
Mulching
Others
By Industry Vertical:

Fruits & Vegetables
Cereals & Grains
Flowers & Ornamentals
Others

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Regional Analysis:

Asia Pacific dominates the agricultural films market, attributed to the presence of key agricultural economies such as China and India. North America and Europe follow closely, driven by technological advancements and increasing investments in sustainable agriculture practices.

๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž | ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/checkout.php?rep_id=996<ype=S&utm_source=OPENPR%2FjayashriB&utm_campaign=OPENPR

Market Drivers and Challenges:

Drivers:

Growing adoption of modern farming techniques
Need for increased agricultural productivity
Rising awareness regarding environmental sustainability
Challenges:

High initial investment costs
Environmental concerns related to plastic usage
Lack of awareness among small-scale farmers

Market Trends:

Shift towards biodegradable and recyclable films
Integration of smart technologies in agricultural films
Adoption of precision farming practices

Future Outlook:
The agricultural films market is poised for significant growth, with manufacturers focusing on product innovation and sustainable solutions. The advent of biodegradable films and advancements in material science will shape the future landscape of the market, catering to the evolving needs of farmers worldwide.

Key Market Study Points:

Analysis of market dynamics and trends
Assessment of market segmentation and regional insights
Evaluation of competitive landscape and recent developments
Identification of growth opportunities and challenges

Competitive Landscape:
Key players in the agricultural films market include:

Berry Global Inc.
The Dow Chemical Company
BASF SE
Kuraray Co. Ltd.
Novamont S.p.A.
Armando Alvarez Group

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Glycerol Carbonate Market - https://www.globenewswire.com/news-release/2023/09/14/2743368/32656/en/Glycerol-Carbonate-Market-Size-Share-Surpass-USD-2-5-billion-by-2030-Garnering-7-CAGR-Exclusive-Report-by-Transparency-Market-Research.html

Calcium Hydride Market - https://www.globenewswire.com/news-release/2023/09/14/2743257/32656/en/Calcium-Hydride-Market-Anticipated-to-Reach-USD-1-billion-by-2030-Expanding-at-a-4-5-CAGR-Exclusive-Report-by-Transparency-Market-Research.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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