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North America Plastic Extrusion for Agriculture Market Size By Material (Greenhouses, Mulching, Tunnels), By Application (Polyethylene (PE), Polyvinyl chloride (PVC), Polypropylene (PP)), And Forecast


Published on: 2024-08-10 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

North America Plastic Extrusion for Agriculture Market Size By Material (Greenhouses, Mulching, Tunnels), By Application (Polyethylene (PE), Polyvinyl chloride (PVC), Polypropylene (PP)), And Forecast

North America Plastic Extrusion for Agriculture Market Size And Forecast

North America Plastic Extrusion for Agriculture Market size was valued at USD 2857.83 Million in 2021 and is projected to reach USD 4,564.61 Million by 2030, growing at a CAGR of 6.69 % from 2022 to 2030.

Plastic molding has low costs and is more efficient compared to other molding processes, this will help the market to grow during the forecast period. The North America Plastic Extrusion for Agriculture Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

North America Plastic Extrusion for Agriculture Market Overview

Farmers who monetize their operations primarily through crop yields need creative ways to increase their harvest while controlling costs and reducing the need for labor. Automated crop irrigation using custom-made plastic pipes or pipes allows farmers to pair extensive networks of pipes with forced water systems. Irrigation is on-demand based on environmental conditions or on a regular schedule depending on crops, location and long-term farming goals. Working with a custom plastic extrusion supplier allows one to choose durable hard plastic profiles for irrigation pipes or flexible soft tubing that adapts to different terrains. Farmers have to adapt their irrigation settings to different factors. Choosing an experienced extrusion partner that works with a range of thermodynamic plastic base materials offers the perfect choice in creating a system that is right for client’s needs.

Compared to other molding processes, plastic molding has low costs and is more efficient. The extrusion process uses thermoplastics that are repeatedly melted and hardened, allowing waste to be reused rather than thrown away. Raw material and disposal costs will be reduced. Plastic extrusion machines work around the clock, reducing the likelihood of stockouts. It also enables 24-hour production. Extrusion molding will provide considerable flexibility in manufacturing products with a consistent cross-section. As long as the cross-section remains the same, extrusion can create complex shapes. Small modifications to the plastic extrusion process can be used by manufacturers for plastic films or to produce products that combine the properties of plastic.

Plastic sheets used for mulching — the practice of covering soil to maintain temperature and moisture to facilitate higher crop production — are leading to microplastic pollution of farmland, according to a new study.

North America Plastic Extrusion for Agriculture MarketSegmentation Analysis

The North America Plastic Extrusion for Agriculture Market is segmented based on Material, And Application.

North America Plastic Extrusion for Agriculture Market, By Application

• Greenhouses• Mulching• Tunnels• Silage• Hydroponics• Aquaponics• Aeroponics• Plastic Reservoirs And Irrigation Systems• Other Applications

To Get Summarized Market Report By Application-

Greenhouses accounted for the largest market share of 31.52% in 2021, with a market value of USD 900.67 Million and is projected to grow at the highest CAGR of 6.20% during the forecast period. Mulching was the second-largest market in 2021, valued at USD 557.20 Million in 2021; it is projected to grow at a CAGR of 5.35%.

North America Plastic Extrusion for Agriculture Market, By Material

• Polyethylene (PE)• Polyvinyl chloride (PVC)• Polypropylene (PP)• High Density Poly Ethylene (HDPE)• Low Density Poly Ethylene (LDPE)• Polyurethane

To Get Summarized Market Report By Material-

Based on the Material, the market is bifurcated into Polyethylene (PE), Polyvinyl chloride (PVC), Polypropylene (PP), High Density Poly Ethylene (HDPE), Low Density Poly Ethylene (LDPE), Polyurethane. Polyethylene (PE) accounted for the largest market share of 28.18% in 2021, with a market value of USD 805.26 Million and is projected to grow at the highest CAGR of 5.85% during the forecast period. Polyvinyl chloride (PVC) was the second-largest market in 2021, valued at USD 576.57 Million in 2021; it is projected to grow at a CAGR of 5.66%.

Key Players

The “North America Plastic Extrusion for Agriculture Market” study report will provide valuable insight with an emphasis on the market. The major players in the market are BRITECH Industries, PEXCO, INTEK Plastics, INPLEX LLC, and others.The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2022-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

BRITECH Industries, PEXCO, INTEK Plastics, INPLEX LLC, and others.

SEGMENTS COVERED

Material, Application, and Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

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North America Plastic Extrusion for Agriculture Market Infographic

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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