NEW YORK, May 18, 2021 /PRNewswire/ — The global agricultural films market is expected to grow by USD 3.05 billion, according to Technavio. This marks a significant market slow down due to the impact of the COVID-19 pandemic in the first half of 2021. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 6%.
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The agricultural films market is driven by the need to increase agricultural yield. In addition, the need to improve the quality of silage is anticipated to boost the growth of the agricultural films market.
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Major Five Agricultural Films Companies:
- Ab Rani Plast Oy
- BASF SE
- Berry Global Group Inc.
- Dow Inc.
- Exxon Mobil Corp.
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Agricultural Films Market Application Outlook (Revenue, USD bn, 2020-2025)
- Mulch films – size and forecast 2020-2025
- Greenhouse films – size and forecast 2020-2025
- Silage films – size and forecast 2020-2025
Agricultural Films Market Geography Outlook (Revenue, USD bn, 2020-2025)
- APAC – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
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