Coveries Management GmbH to collaborate with start-up Notpla to offer recyclable, biodegradable, and printed food cartons. Notpla has facilitated Coveries Management GmbH with its new award-winning barrier coating technology. These new innovative cartons are projected to be ideal for tackling the lack of kerbside and street recycling infrastructure.
BASF SE to introduce product carbon footprints (PCFs) for its plastic additive customers. These PCFs are one of the premium services of the VALERRAS portfolio of the company. BASF SE is stepping forward along with PCFs to aid customers to gain greenhouse gas emission reduction targets.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4395
Published Date: Feb 16, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are rising requirement for animal food with rising livestock, growing production of silage to boost market growth and meet the demand, and increasing consumption and production of corn by people around the world.
The market size of silage film is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2033.
The major players in the market are The Dow Chemical Company, Coveries Management GmbH, Exxon Mobil Corporation, Groupe Barbier and others.
The multilayer segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.