Agricultural Plastics Market: Challenges & Industry Solutions To Reach USD 17.1Bn By 2031 | Most Leading Companies - AEP Industries Inc., BASF SE, Dow, ExxonMobil Chemical, Novamont S.p.A., Trioplast Group

The Global Agricultural Plastics Market reached USD 10.6 billion in 2022 and is expected to reach USD 17.1 billion by 2031 growing with a CAGR of 6.2% during the forecast period 2024-2031

Agricultural Plastics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Agricultural plastics refer to polymer-based materials used in farming to enhance productivity and sustainability. These include greenhouse films, mulch films, irrigation pipes, silage wraps, and protective covers, helping to improve crop yield, water conservation, and soil protection while reducing environmental impact.

List of the Key Players in the Agricultural Plastics Market:

AEP Industries Inc., BASF SE, Dow, ExxonMobil Chemical, Novamont S.p.A., Trioplast Group, Berry Global, Grupo Armando Alvarez, Ab Rani Plast Oy and BioBag International AS.

Industry Development:

In April 2023, U.S.-based private equity firm Mill Point Capital LLC acquired Nursery Supplies Inc., a leading U.S. manufacturer of agricultural plastic products. This acquisition will provide substantial capital investment, enabling the company to accelerate its growth and expansion.

In the same month, Plastics Unlimited, a U.S. manufacturer specializing in industrial plastic components, announced its entry into the agricultural plastics sector, marking a significant expansion of its business operations.

Growth Forecast Projected:

The Global Agricultural Plastics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Agricultural Plastics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Agricultural Plastics Market:

By Material: Polyethylene (PE), Polypropylene (PP), Polyolefin, Polly-Vinyl Chloride (PVC), Ethylene-Vinyl Accetate Copolymer (EVA), Others

By Application: Plant Protection Films, Water Management, Silage, Shading Nets, Nursery Pots, Others

Regional Analysis for Agricultural Plastics Market:

The regional analysis of the Agricultural Plastics Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Agricultural Plastics market?

➠ Who are the leading manufacturers in the global Agricultural Plastics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Agricultural Plastics industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Agricultural Plastics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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