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Agricultural Pheromones Market: Tremendous Growth Rate with 18.2% CAGR Witnessing Driver and Key Trends
Agricultural Pheromones Market Growth
Decoding the Global Expansion of the Agricultural Textiles Market
What Is The Projected Market Size Of The Global Agricultural Textiles Market And Its Growth Rate?
The global Agricultural Textiles market, currently witnessing strong growth, has the following projected market sizes:
• 2024 Market Size: $12.83 billion
• 2025 Market Size: $13.94 billion (Growth Rate: 8.6% CAGR)
• 2029 Projected Market Size: $19.59 billion (Growth Rate: 8.9% CAGR)
This growth can be attributed to factors including rising global population, climate change, government subsidies, growth in the agricultural sector, and economic growth.
What Is Driving The Growth In The Agricultural Textiles Market?
The escalating demand for agricultural products is one of the primary drivers for the growth of the agricultural textiles market. Agricultural textiles are utilized for protecting agricultural commodities from pests and providing shade to plants, increasing their yield. In June 2022, the Food and Agriculture Organization of the US observed surging wheat demand in Africa, and the global demand for rice significantly increased by 3% in 2022. Furthermore, the food demand is expected to grow anywhere from 59% to 98% by 2050, as per a Harvard Business Review report. Hence, the increasing demand for agricultural products fuels the growth of the agricultural textiles market.
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Who Are The Key Players Driving Agricultural Textiles Market Growth?
The major companies contributing to the robust growth of the Agriculture Textiles market are:
• Beaulieu Technical Textiles
• Belton Industries
• Meyabond
• Capatex
• Neo Corp International
• Garware Technical Fibres
• HUESKER Synthetic
• Maccaferri
• Koninklijke Ten Cate
• DuPont de Nemours Inc.
What Are The Key Trends In The Agricultural Textiles Market?
Some of the noticeable trends in the Agricultural Textiles Market include:
• Climate-resilient textiles
• Sustainable and eco-friendly materials
• Adoption of IoT (Internet of Things) and AI (Artificial Intelligence) technologies for monitoring
• Nanotechnology advancements
• Increased emphasis on collaboration for innovation
What Are The Segments Of The Global Agricultural Textiles Market?
The Agricultural Textiles Market is categorized based on:
1) Product: Fishing Nets, Anti-Hail Nets, Bird Protection Nets, Mulch Mats, Shade Nets, other products
2) Type: Weaving And Woven, Nonwoven
3) Fiber Material: Nylon, Polyethylene, Polypropylene, Polyester, Natural Fibers, Biodegradable Synthetic Fibers, Other Fiber Materials
4) Application: Agriculture, Horticulture and Floriculture, Aquaculture, Other Applications
Which Region Leads The Agricultural Textiles Market?
In 2024, the Asia-Pacific region held the dominant position in the global agricultural textiles market. The market report covers other regions as well, including Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Agricultural Textiles Market Global Market Report?
- Market Size Analysis: Analyze the Agricultural Textiles Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Agricultural Textiles Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Agricultural Textiles Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Agricultural Textiles Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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