Agricultural Plastic Trends and Forecast
The future of the global agricultural plastic market looks promising with opportunities in the plant protection film, water management, silage, shading net, and nursery pot markets. The global agricultural plastic market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing contamination of the food chain by microplastics, rising adoption of vertical farming practices, and surge in population growth.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Agricultural Plastic by Segment
The study includes a forecast for the global agricultural plastic by material, application, and region.
Agricultural Plastic Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Polyethylene (PE)
• Polypropylene (PP)
• Polyolefin
• Poly-Vinyl Chloride (PVC)
• Ethylene-Vinyl Acetate Copolymer (EVA)
• Others
Agricultural Plastic Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Plant Protection Films
• Water Management
• Silage
• Shading Nets
• Nursery Pots
• Others
Agricultural Plastic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Agricultural Plastic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural plastic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural plastic companies profiled in this report include-
• Aep Industries
• Basf
• Dow
• Exxonmobil Chemical
• Novamont
• Trioplast
• Berry
Agricultural Plastic Market Insights
Lucintel forecasts that polyethylene (PE) is expected to witness highest growth over the forecast period.
Within this market, water management will remain the largest segment due to increasing adoption of sustainable agriculture practices.
Europe is expected to witness highest growth over the forecast period due to rising adoption of innovative farming techniques.
Features of the Global Agricultural Plastic Market
Market Size Estimates: Agricultural plastic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Agricultural plastic market size by material, application, and region in terms of value ($B).
Regional Analysis: Agricultural plastic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, applications, and regions for the agricultural plastic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural plastic market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for agricultural plastic market?
Answer: The global agricultural plastic market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the agricultural plastic market?
Answer: The major drivers for this market are increasing contamination of the food chain by microplastics, rising adoption of vertical farming practices, and surge in population growth.
Q3. What are the major segments for agricultural plastic market?
Answer: The future of the agricultural plastic market looks promising with opportunities in the plant protection film, water management, silage, shading net, and nursery pot markets.
Q4. Who are the key agricultural plastic market companies?
Answer: Some of the key agricultural plastic companies are as follows:
• Aep Industries
• Basf
• Dow
• Exxonmobil Chemical
• Novamont
• Trioplast
• Berry
Q5. Which agricultural plastic market segment will be the largest in future?
Answer: Lucintel forecasts that polyethylene (PE) is expected to witness highest growth over the forecast period.
Q6. In agricultural plastic market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to rising adoption of innovative farming techniques.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the agricultural plastic market by material (polyethylene (PE), polypropylene (PP), polyolefin, poly-vinyl chloride (PVC), ethylene-vinyl acetate copolymer (EVA), and others), application (plant protection films, water management, silage, shading nets, nursery pots, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Agricultural Plastic Market, Agricultural Plastic Market Size, Agricultural Plastic Market Growth, Agricultural Plastic Market Analysis, Agricultural Plastic Market Report, Agricultural Plastic Market Share, Agricultural Plastic Market Trends, Agricultural Plastic Market Forecast, Agricultural Plastic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.