Global Plastic Netting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Plastic Netting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Plastic Netting is a net plastic produced by extrusion, expansion or weaving process. It is sturdy, lightweight, reusable, durable, non-toxic, UV stable, rust-proof and has smooth edges. Plastic Netting has a wide range of applications in agriculture, packaging, industry, medical and other industries. For example, Plastic Netting can be used as a wind-proof net and can be used in stadiums, fields and industrial places to play a role in wind-proof, dust-proof and environmental protection. For example, Plastic Netting made of PP or PE material has an economy, excellent chemical resistance and UV resistance, and can prevent soil erosion.

Market Overview:

The latest research study on the global Plastic Netting market finds that the global Plastic Netting market reached a value of USD 3073.12 million in 2022. It’s expected that the market will achieve USD 4215.71 million by 2028, exhibiting a CAGR of 5.41% during the forecast period.

There is a shortage of supply.

The COVID-19 outbreak has had an impact in many ways, and many countries have issued traffic restrictions and entered a state of emergency. A large number of factories have shut down or even closed down, and most of the production activities have ceased. This led to a sharp drop in the output of Plastic Netting, causing a shortage of demand.

The economy is down, and the purchasing power of residents has declined.

The COVID-19 epidemic spread to more than 210 countries and regions around the world in three months, affecting nearly 7 billion people. The coronavirus epidemic has impacted all aspects of human health, economic growth, social development, national security, and international relations. It is a comprehensive challenge. The epidemic has drastically reversed expectations of moderate growth in the world economy in early 2020. After the outbreak, the employment situation in various countries has become more severe. Global investors panic, triggering turmoil in the financial and capital markets. The epidemic has caused huge losses to related industries and international trade. From the perspective of the general background, exports, consumption, and investment are driving the economy.

Increased investment and R&D efforts in the Plastic Netting industry.

Although many countries and governments continue to implement plastic restrictions or bans, plastic products are still irreplaceable products in many industries. Therefore, many related companies have begun to increase the research and development of plastics, trying to produce environmentally friendly products through modification and other methods. Increasing investment in the plastics industry and strengthening R&D efforts are having a synergistic development effect on related industries. The Plastic Netting industry is driven by this effect, with more and more product types. At the same time, the performance of Plastic Netting is getting better and better, which has prompted people in many industries to favor Plastic Netting more than other types of nets. This is also one of the important factors driving the development of the Plastic Netting industry.

Environmental protection policies have become increasingly strict.

The increasingly strict environmental protection policy is also a challenge for Plastic Netting manufacturers. The production and manufacturing process of Plastic Netting will inevitably cause industrial waste water and waste gas. Manufacturers need to invest a lot of money to deal with it. In addition, the increasingly strict environmental protection policy for Plastic Netting users, they will choose more biodegradable plastic products to avoid environmental pollution. Therefore, in addition to solving the problems of increasing emission standards for waste water, waste gas, and solid waste caused by increasingly stringent environmental protection policies, manufacturers must also increase investment in product research and development and adjust the selection of raw materials.

Plastic Netting will focus on environmentally friendly new materials.

With the increasingly stringent environmental protection policies and the change of residents' environmental awareness and concepts, the government and residents will pay more and more attention to environmental protection related issues. Plastics and related industries are particularly concerned. Manufacturers will gradually replace some non-recyclable and non-degradable plastics with environmentally friendly plastics. The Plastic Netting industry will also develop with this trend.

Region Overview:

Geographically, Asia Pacific held the largest market share – 38.65% in 2022.

Company Overview:

SWM is one of the major players operating in the Plastic Netting market, holding a share of 6.86% in 2022.

SWM

SWM is the world's leading supplier of engineering solutions and advanced materials. In recent years, as AWM has focused on expanding its business beyond fiber-based materials, SWM has established and developed its Advanced Materials and Structures (AMS) platform to include expertise and capabilities in resin-based technologies and materials. As part of this effort, SWM acquired and integrated several global leaders focusing on market-leading mesh and high-performance TPU films, including Argotec (2015), Conwed Plastics (2017) and DelStar Technologies (2013). As part of the Conwed acquisition, SWM also acquired its subsidiary Filtrexx International, a global leader in the research and development of sustainable, compost-based erosion control and stormwater management solutions.
In a wide range of industries and applications, its paper, film, various filters and non-woven fabrics are an important part of customers' finished products, many of which are industry-leading brands. WM is composed of two commendable business units: Engineered Paper (EP) and Advanced Materials and Structures (AMS).
SWM is the leading plastic netting manufacturer in the world. They manufacture apertured film, extruded, oriented, knitted and multilayer netting with unique customization capabilities. From agriculture, packaging and consumer goods to filtration, industrial, medical, erosion control and energy applications.

Intermas Group

Intermas Group is a world-leading company in the production and distribution of extruded plastic mesh. Active in more than 70 countries, it headquarters offices are located in Llinars del Valles - Barcelona, Spain. The Group, founded in the year 1957, comprises currently 9 companies specialized in several activities, offering specific products and solutions to the market.
The Group serves clients in different ways using its different brands. To become the leader in the Gardening sector their products lines are marketed under Nortene® and Gardelys® Brands. To meet the specifics needs of professionals, Intermas Group serves a large number of industries with their manufactured products under Intermas® brand.

Segmentation Overview:

As for product types, the Polypropylene segment held the largest market share in 2021.

Application Overview:

The market's largest segment by application is the segment Agriculture, with a market share of 39.42% in 2021.

Key Companies in the global Plastic Netting market covered in Chapter 3:

Industrial Netting
EXPO-NET
Tenax
Intermas Group
NorPlex Inc.
SWM
Hebei Tuosite Plastic Co.,Ltd
Starlinger Group
Snow Plastic Mesh Co.
U.S. Netting, Inc.
ShaoXing Naite Plastics Co,Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Plastic Netting market from 2018 to 2029 is primarily split into:

Polypropylene
Nylon
Polyethylene
Polyester
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Plastic Netting market from 2018 to 2029 covers:

Agriculture
Packaging
Industrial
Building
Medical
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)