The major market players are BASF SE, Berry Global Inc., EIFFEL Industry Plastics S. p. A, Essen Multipack Limited, Exxon Mobil Corporation, FVG Folien-Vertriebs GmbH, GCR Group, Ginegar Plastic Products Ltd.
New York, 09 Dec. 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Greenhouse Film Global Market Report 2022: Ukraine-Russia War Impact” – https://www.reportlinker.com/p06372068/?utm_source=GNW
, Iris Polymers Industries Pvt Ltd., Lumite Inc., Plastika Kritis SA, Polifilm Extrusion GmbH, RPC Group plc, Saudi Basic Industries Corporation (SABIC), Sichuan Bozong Greenhouse Co., Ltd., The Dow Chemical Company, Agriplast Tech India Pvt . Beijing Kingpeng International Hi-Tech Corporation, Central Worldwide Co. Ltd. and Tuflex India.
The global greenhouse film market is expected to grow from $4.71 billion in 2021 to $5.21 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The Russian-Ukrainian war has disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions against several countries, a spike in commodity prices and supply chain disruptions, affecting many markets around the world. The market is expected to reach $7.14 billion in 2026 with a CAGR of 8.2%.
The greenhouse film market consists of the sale of greenhouse film products by entities (organizations, independent traders and partnerships) which are used as roofs in greenhouses to shelter the plants inside the greenhouses of the outside world. Greenhouse films refer to a smooth plastic that is placed on the roof of the greenhouse to protect the plants inside from the weather.
These are used to grow plants that need a specially controlled climate to grow.
The main types of greenhouse film resin are low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and ethylene vinyl acetate (EVA). Low-density polyethylene (LDPE) is used to make shopping bags, dry-cleaning bags, squeeze bottles, and construction and agricultural films.
The different features are diffuse GHF, photo-selective GHF, anti-dirt GHF and other features with different widths such as 4.5 meters, 5.5 meters, 7 meters, 9 meters and other types of width and thicknesses such as 80200 microns, 200 microns, and > 200 microns. These are used in vegetables, fruits, flowers and others (grafts and ornamental plants).
Asia-Pacific was the largest region in the greenhouse films market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in this Greenhouse Films market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The growing demand for food production is expected to propel the growth of the greenhouse film market in the future. Food production is the process of producing salable food using raw ingredients from plants and animals.
Plastic greenhouses would increase and secure the yield. For example, in April 2022, according to Agriculture Victoria, an Australia-based innovation company for the economic growth of Victoria’s agriculture through cutting-edge science and strong science capacity, representing 26.0% of the value of Australian food and fiber exports. Victoria’s food and fiber exports grew to a record $14.5 billion for 2019-20. Hence, increasing agricultural production is driving the growth of the greenhouse film market.
Product innovations are a key trend gaining popularity in the greenhouse film market. Major companies operating in the greenhouse films market are focusing on developing new technological solutions to strengthen their position.
For example, in September 2021, BASF, a German greenhouse film company, will launch IrgaCycleTM, a range of additive solutions aimed at addressing urgent plastic recycling needs. This mechanically improves the properties of recycled plastics for various industries and improves the quality of post-consumer and industrial polyolefin material for reuse in flexible, molding and rigid applications. It also helps to increase the percentage of recycled content for various end users.
In January 2020, BASF, a chemical company based in Germany, acquired Solvay for an undisclosed amount. This acquisition expands BASF’s polyamide capabilities with innovative and well-known products such as Technyl® and enables BASF to support its customers with even better engineering plastics solutions. .
Solvay is a Belgian company active in greenhouse film.
The countries covered in the Greenhouse Films market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
The Greenhouse Films Market research report is part of a series of new reports that provide Greenhouse Films market statistics, including the global market size of the Films industry Greenhouse Films, regional shares, competitors holding Greenhouse Films market share, detailed Greenhouse Films market segments, market trends and opportunities. , and all the additional data you may need to thrive in the greenhouse film industry. This Greenhouse Films Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of current and future industry scenarios.
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