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Global Silage Films Market Insight February 8, 2022 Comments

The Silage Films is forecast to smooth over the next few years. According to the WK-chem Research “Global Silage Films Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the silage industry,the Silage Films industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 2.43%.
Analysts’ Viewpoint:
“The use of Silage Films technology in the manufacture and use of silage is expected to provide various opportunities for market growth, Senior analyst, Chemical & Material Market Research Center in WK-chem.” It is expected that during the forecast period, the animal husbandry will dominate the global Silage Films market.”
Market insight:
Growing demand for silage film in the livestock industry has greatly boosted the silage film market. Dairy-producing animals such as cows and buffaloes must be properly fed to meet the growing demand for milk in various developing economies. Silage fed to milk-producing animals must be properly preserved to increase its nutritional content. Lighter and more durable films may help with proper collection and preservation of silage and limit the ingress of sunlight and oxygen. The increasing demand for such films has driven the number of innovations, thereby significantly propelling the market.
Competition Landscape:
This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Silage Films companys that include The Dow Chemical Company, ExxonMobil Corporation, BASF SE, Berry Plastics Group, Inc., RKW Group .etc.
Segmentation of Silage Films Market:
In terms of type, the silage film market can be divided into single-layer films and multi-layer films. Monolayer and multilayer films each have their own advantages; however, the multilayer film segment is estimated to dominate the market due to higher ambient oxygen constraints than monolayer films. Multilayer films are more durable, more protective and can be used in harsh environmental conditions. Numerous developments are underway to improve the stability and durability of monolayer silage films. The continuous development of monolayer films is expected to drive the rapid expansion of the monolayer film segment. In terms of materials, the silage film market can be segmented into linear low density polyethylene (LLDPE), low density polyethylene (LDPE), and high density polyethylene (HDPE). In terms of market size, the high-density polyethylene (HDPE) segment is expected to account for the major market share. The HDPE segment is likely to dominate the market owing to the high thermal stability, thickness, chemical resistance, and impact strength of HDPE films.
Silage Films Market: Regional Analysis
In terms of geography, the global Silage Films market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Currently, Asia Pacific (APAC) is estimated to be an emerging market for silage membranes. As most of the countries in the region are dependent on agriculture, the demand for silage film is likely to increase. This in turn drives the market. China is expected to occupy the largest market share. The country has a vast territory and a large population. In recent years, agriculture and animal husbandry have developed rapidly, and the demand for silage film will further expand.
Cagr: 2.43%
Largest share area:Asia-Pacific
Largest share country:China
Product Type:monolayer films and multilayer films
Application:linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), and high-density polyethylene (HDPE)Leading Company:The Dow Chemical Company, ExxonMobil Corporation, BASF SE, Berry Plastics Group, Inc., RKW Group