Market Size in 2022 | Market Forecast in 2030 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 8694.12 Million | USD 13547.89 Million | CAGR at 5.72% | 2022 |
According to the report published by Zion Market Research, the global Agricultural Films And Bonding Market size was valued at USD 8.69 Billion in 2022 and is predicted to reach USD 13.55 Billion by the end of 2030. The market is expected to grow with a CAGR of 5.72% during the forecast period. The report analyzes the global Agricultural Films And Bonding Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Agricultural Films And Bonding Market industry.
Agricultural films and bonding are the products that are used for the agriculture purposes. Agricultural films are a film of polyethylene or are prepared from other compounds and are used in several agricultural practices. Making use of the agricultural films is an advanced method and is much better than the conventional methods as it eliminates the chances of rotting of plants.
The market for the agricultural films and bonding is globally fragmented into its type of material, color, feature, films, process, and application. Based on the material type, the global market is segregated into agricultural films, twine, and netting. The segments are further sub-segmented, agricultural films segment is further sub-divided into LLDPE, PET, BOPP, EVA, PE, PVC, laminated materials, and CPP. The twine segment is sub-categorized into polypropylene, sisal, LDPE, and others. The netting segment is sub-divided into LDPE, HDPE, polypropylene, and others. Based on the color, the market is categorized into opaque, translucent, and transparent.
Based on the feature, the market is divided into water-soluble and moisture proof. Based on the films, the market is bifurcated into shrink film, release film, stretch film, metalized film, and twist film. Based on the process, the market is classified into casting, injection molding, blow molding, and multiple extrusion. Based on the application, the market is fragmented into covering of greenhouse, horticulture, silage, netting, mulching, and twine. The silage segment is further sub-categorized into bags, stretch wrap, and sheets. The twine segment is sub-divided into bale and others. The netting segment is sub-classified into anti-insect, shade, anti-hail, and others.
The increased use of agricultural films and bonding in the greenhouse industry is the key factor that is driving the market. The market is growing due to the presence of large to small greenhouses that have limited area is getting a good hold globally. The agricultural films offer reduced consumption of energy for heating, protects from the low temperature and frost, controls temperature and moisture, increases the crop yield, and helps in having a better quality of plants. The bonding helps in joining two or more films thus provide shape and stability to the structure.
Report Attributes | Report Details |
---|---|
Report Name | Agricultural Films And Bonding Market Research Report |
Market Size in 2022 | USD 8.69 Billion |
Market Forecast in 2030 | USD 13.55 Billion |
Growth Rate | CAGR of 5.72% |
Number of Pages | 180 |
Key Companies Covered | Plastika Kritis S.A., BASF SE, Exxon Mobil Corporation, Polypak America Inc., Dai Nippon Printing Co., Ltd., Novamont S.P.A., Berry Plastics Corporation, and Industrial Development Company (INDEVCO). |
Segments Covered | By Type of Material, By color, By Feature, By Films, By Process, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geographical diversification of the market for agricultural films and bonding is given as the Middle East & Africa, Eastern Europe, Western Europe, North America, Latin America, and Asia Pacific. The market for the agricultural films and bonding is dominated by the Asia Pacific region owing to the increasing manufacturing units and the high investments that are made in this region. The developing countries such as China and India are still in the developing stage and will flourish in the coming years. Major market players of the agricultural films and bonding are present in the South Asian countries and China, which export the agricultural films and bonding to Europe, North America, and other regions.
The key market players that are involved in the agricultural films and bonding market include:
By Type of Material
By color
By Feature
By Films
By Process
By Application
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