WiseGuyReports.Com Publish a New Market Research Report On –“ Greenhouse Film Market Worth 177.43 billion US$ By 2026”.
The demand for Greenhouse Film is now increasing with time. The reason behind this is such films are made of high-quality and durable polycarbonate plastic. However, there are different types of plastics which are used to manufacture such a film. One is polyethylene plastic which comes in two different grades, i.e., commercial-grade and utility grade. Polyethylene plastic generally lasts for one to two years. Another one is Polyvinyl plastic which is quite expensive and durable. But when it comes to the best and most durable greenhouse plastic, polycarbonate plastic is the best.
A large number of people have now started using such films. The ability to cultivate high-quality crops, lesser use of water, improved crop quality, and more has boosted the growth of the greenhouse plastic market.
The global transparent plastic market size is estimated to reach USD 177.43 billion by 2026 growing at a CAGR of 6.8% during the forecast period.
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Global Market Segmentation
The Global Greenhouse Film market has been segmented by Type, Width, Thickness, Application, and Region. Under the Type, there are Low-Density Polyethylene, Polyvinyl Chloride, Linear Low-Density Polyethylene, Ethylene Vinyl Acetate, Polycarbonate, and Others. Based on product width, the market is segmented into 5M, 7M, 9M, and More. Coming to thickness, the product is split into 80200 Microns. Based on the application, it is divided into Vegetables, Flowers and Ornamentals, Fruits, and Others.
Geographical Market Segmentation
Talking about geographical market segmentation of the World Greenhouse Film, there are North America, Canada, the U.S., Europe, the U.K., Germany, France, Spain, Italy, Russia, Belgium, Netherlands, Rest of Europe, China, Japan, India, Korea, Indonesia, Malaysia, Singapore, Philippines, Thailand, Rest of Asia Pacific. Some other significant regions or countries that come under this market segmentation are Latin America, Argentina, Brazil, Mexico, Rest of LATAM, UAE, Saudi Arabia, South Africa, Middle East, and Africa, UAE, and Rest of MEA.
In the years 2018, the North America region witnessed a massive market share in this industry. The increasing urbanization, as well as rising population, has boosted the market growth. On the other side, the rise in the demand for chemical-free and organic food products also plays a significant role in market growth. However, during the year 2018 to 2026, Asia-Pacific will grow at a maximum rate.
Top Market Players
The top and major companies include in this market report are Polifilm Extrusion GmbH, Thai Charoen Thong Karntor Co., Ginegar Plastic Products Ltd, Central Worldwide Co., Essen Multipack Limited, Beijing Kingpeng International Hi-Tech Corporation, Ltd, The Dow Chemicals Company, Berry Global Group, Inc., Lumite, Inc., and Agriplast SRL.
The leading plastic and eco-friendly film manufacturer, Polifilm Extrusion has developed a new type of Greenhouse Film made of polycarbonate plastic. As per the information provided by the company, this is the most durable and eco-friendly plastic. There is a twin wall, which helps the material maintains humidity and heat. The company also has acquired some new technologies to produce more such plastic made film.
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