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Agricultural Textiles MarketSize Analysis, Opportunities, Top Companies, Growth, Trends, Regional Insights, Key Segments, and Forecast to 2028

08-13-2024 07:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Browse 272 market data Tables and 50 Figures spread through 253 Pages and in-depth TOC on "Agricultural Textiles Market"

Browse 272 market data Tables and 50 Figures spread through 253 Pages and in-depth TOC on "Agricultural Textiles Market"

The Agricultural Textiles Market is growing as demand increases for crop protection and efficient farming solutions. Future growth is driven by technological advancements and rising adoption in regions such as Asia-Pacific, Europe and North America.
The global agricultural textiles market [https://www.marketsandmarkets.com/Market-Reports/agricultural-textiles-market-126428057.html] is projected to grow from USD 15.9 billion in 2023 and is projected to reach USD 20.2 billion by 2028, at a CAGR of 4.8%, between 2023 and 2028 period. The demand and use of agricultural textiles are rapidly increasing due to the growth in outdoor and controlled-environment applications. The increasing urbanization, rising standards of living, and rising income levels are growing the agricultural textile market.

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The demand for protected cultivation is increasing, the focus is shifting to R&D activities to produce different types of textiles by adding different properties, such as NIR blocking, UV ray protection, ultra-thermic, and fluorescent. UV-blocking films protect plants from diseases and pests. These films helps in reducing the growth of pests and diseases by blocking the transmission of UV rays to the greenhouse. NIR blocking films stimulate plant growth by blocking radiation. To enter the greenhouse, fluorescent films allow only the spectrum radiation of 300 nm-700 nm. Thus, advancements in technologies, such as drip farming, soil fumigation, and providing ventilation to crops, are expected to bring potential opportunities to market players.

Asia Pacific is the fastest-growing and largest agricultural textiles market [https://www.marketsandmarkets.com/ResearchInsight/agricultural-textiles-market.asp]. The market is expected to witness significant growth in the outdoor and controlled-environment in countries such as China, Indonesia, and India. The growing middle-class population in this region plays an important role in driving various industries, which has led to industrialization and the manufacturing of various products which require agricultural textiles. Asia Pacific is the most promising market for agricultural textiles and is projected to remain the same in the next few years. Asia Pacific is witnessing an increased demand for high-end products because of the rise in the purchasing power of consumers. India is an agriculture-based economy. Increased cultivation is meeting the rising food demand of the population. Due to the depleting arable land, the need for controlled agriculture has increased.

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Polyethylene accounts for the largest market share of agricultural textiles markets in fiber material segment. Polyethylene is a type of nonwoven agro-textile used for indoor and outdoor purposes. Polyethylene is commonly used for manufacturing row covers and monofilament meshes. High-modulus polyethylene (HMPE) is a specialized netting and high-performance fiber used in fish farming. This fiber is employed in the fishing industry to manufacture lightweight, ultra-strong fishing lines and nets.

Continuous developments in the agricultural textiles market are expected to help the market grow. The companies are providing products which will serve various end-use industries. New product launches have also helped companies enhance their product portfolio. The companies have also started new manufacturing sites to capture and fulfill the need of the market.

The key players operating in the agricultural textiles market are Beaulieu Technical Textiles (Belgium), Belton industries (US), Hy-Tex (UK) Limited, Diatex SAS (France), and Garware Technical Fibres Limited (India), Drape Net PTY Ltd (Australia), Miller Net Company, Inc. (US), Hunan Xinhai Co., Ltd. (China), Zhongshan Hongjun Nonwovens Co., Ltd. And (China) and others.

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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 Trademark (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.

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