)--Technavio has been monitoring the agricultural films market and it is poised to grow by USD 4.18 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ab Rani Plast Oy, BASF SE, Berry Global Group Inc., Dow Inc., Exxon Mobil Corp., Groupe Barbier, Grupo Armando Alvarez, Kuraray Co. Ltd., LyondellBasell Industries NV, and RKW Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.