Additive Manufacturing Market - Trends Forecast Till 2028

Market Overview

The global Additive Manufacturing market size is projected to reach USD 11.4 billion by 2026 at a CAGR of 6.6% from USD 15.7 billion in 2021 during the forecast period 2021-2028

Agricultural films are plastic made films deployed in the agricultural sector with an aim to increase the efficiency and productivity of crops. The major types of agricultural films are geomembrane film, silage film, mulch film and film for covering greenhouses. These films help in modifying the temperature of soil, and help in preventing the moisture loss and also limit the weed growth leading to a relative increase in crop yield.

With the increased global focus on the agricultural output along with the increasing demand from the dairy industry are some of the factors that have supported long-term expansion for Additive Manufacturing Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, and businesses, and communities across the globe. With the nationwide lockdown across the globe and several imposed restrictions have resulted into the shortage of raw material in various countries. Although with improved conditions now in2021 the market is said to be back on the track.

Regional Analysis

Asia Pacific is expected to be the largest market during the forecast period. The sustained dominance of leading in the market share is attributed to the massive agricultural growth and increased food demand across the globe have led to growth in the commercial refrigeration equipment in the region.

Detailed qualitative and quantitative data & insights are provided on global, regional and country level.

Competitive Landscape

Key Players

• Berry Global Inc.
• The RKW Group
• Kuraray Co. Ltd.
• Coveris
• Grupo Armando Alvarez
• BASF SE
• AB Rani Plast OY
• The Dow Chemical Company
• Plastika Kritis S.A.

Recent Developments

• In August 2018, Berry Global the company acquired laddawn, Inc. Laddawn which is a manufacturer of blown polyethylene and films well equipped with an e-commerce plateform. After this acquisition Berry Global Inc. aims on the expansion of their engineered product segment with the e-commerce.
• In July 2019, Berry Global Inc, acquired RPC Group Plc as to expand and work towards the aim of becoming a global leader in plastic and recycled plastic industry.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Additive Manufacturing market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope