Global Agricultural Films Strategic Industry Report 2023: Market to Reach $15.2 Billion by 2030 with LLDPE Accounting for $5.7 Billion

DUBLIN, Jan. 24, 2024 /PRNewswire/ — The “Agricultural Films – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Agricultural Films Market to Reach $15.2 Billion by 2030

The global market for Agricultural Films estimated at US$11.2 Billion in the year 2022, is projected to reach a revised size of US$15.2 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.

LLDPE, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$5.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the LDPE segment is readjusted to a revised 3.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 6.8% CAGR

The Agricultural Films market in the U.S. is estimated at US$3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2 Billion by the year 2030.

What’s New?

Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its ‘bumpy’ reopening; supply chain disruptions, global trade tensions; and risk of recession.Global competitiveness and key competitor percentage market sharesMarket presence across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and Research PlatformComplimentary updates for one year

MARKET OVERVIEW

Influencer Market InsightsWorld Market TrajectoriesAgricultural Films – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)Impact of Covid-19 and a Looming Global Recession

FOCUS ON SELECT PLAYERS 

Ab Rani Plast OyAchilles CorporationAgri Plast Tech India Pvt., Ltd.AL-PACK Enterprises Ltd.Anhui Guofeng Plastic Industry Co., Ltd.BASF SEBerry Global, Inc.Coveris GroupDow, Inc.DuPont de Nemours, Inc.ExxonMobil CorporationGinegar Plastic Products Ltd.Groupe BarbierGrupo Armando Alvarez SAIm Sanin Srl (Moldova)Industrial Development Company (Indevco) Sal (Lebanon)Kuraray Co., Ltd.Novamont SpAPlastik V Sdn. Bhd.Plastika Kritis SAPOLIFILM GmbHRKW Agri GmbH & Co. KGRPC Group PLCTrioplast Industrier AB

For more information about this report visit https://www.researchandmarkets.com/r/38xsj8

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SOURCE Research and Markets