Silage Covers Market

Silage Covers Market Outlook (2022-2032)

The global silage covers market is valued at US$ 1.23 billion in 2022 and is likely to expand at a CAGR of 5.8% to reach US$ 2.16 billion by the end of 2032.

Sales of silage covers accounted for 10.7% share of the global agricultural film market at the end of 2021.

Report Attributes	Details
Silage Covers Market Size (2021A)	US$ 1.16 Billion
Estimated Market Value (2022E)	US$ 1.23 Billion
Forecasted Market Value (2032F)	US$ 2.16 Billion
Global Market Growth Rate (2022-2032)	5.8% CAGR
Europe Market Share (2021)	~28.6%
East Asia Market Growth Rate (2022-2032)	~6.2% CAGR
United States Market Growth Rate (2022-2032)	~6.1% CAGR
Market Share of Top 5 Companies	~45%
Key Companies Profiled	Firestone Building Products RAVEN Poly-AG Corp Napco National Passion AG Holdings Ltd. Groupe Barbier Bock Silosysteme GmbH Ginegar Plastic Products Ltd. HUESKAR International Silage Packaging Co. Ltd. ARK Agriculture Ltd. Wiefferink B.V. Zill GmbH & Co. KG BTL Liners

Sales Analysis of Silage Covers (2017-2021) Vs. Market Forecasts (2022-2032)

Silage covers aid in reducing the loss of nutritional value of silages, leading to a reduction in damage to animal or human health. Oxygen-repellent silage covers enhance the aerobic stability of silages, thereby reducing nutrient loss.

Silage covering provides superior tear and puncture resistance, being soft and flexible. They provide outstanding oxygen barrier qualities as well, which is likely to bode well for the sales of silage covers over the coming years.

• Short Term (2022 Q2 to 2025): Properties of silage covers in protecting silage from getting damaged to support market demand and growth in the short term.
• Medium Term (2025-2028): Product improvements and deployment of better and more efficient silage covers to propel medium-term market demand.
• Long Term (2028-2032): Constant research leading to product innovation based on quality materials to fuel long-term market expansion.

Over the 2017-2021 period, the global silage covers market registered a CAGR of 4%, according to Fact.MR, a market research and competitive intelligence provider. Worldwide sales of silage covers are projected to exhibit growth at 5.8% CAGR between 2022 and 2032.

Market share analysis of silage covers based on material type and region. Under the material type segment, reinforced polyethylene (RPE)-based silage covers account for 36.4% market share in 2022.

What’s Driving the Popularity of Silage Covers?

“Supremacy of Silage Covers Utilization for Prevention of Forage”

Silage covers are finding high usage in the agriculture and farming industry, thanks to the problem of forage spoilage. Silage covers minimize spoilage by providing a low-cost protective solution. They also prevent silage or forages from ultra-violet rays that can lead to the quality degradation of feed storage. An appropriate barrier film also aids in the prevention of vital nutrients in the feed and provides superior tear resistance.

Silage covers prevent weather damage as they are a layer of plastic sheeting that is laid over grain bunkers and feed stores. These thicker rolled plastic sheeting can be dual-sided and are colored specifically to preserve feed by appropriately reflecting UV light and keeping the feed cool.

Protecting the silage aids in reducing nutrient loss, spoilage, and dry matter shrinkage, and increases aerobic stability. All these factors are set to support market demand growth for silage covers over the decade.

“Oxygen Barrier Films Gaining Market Attention”

Many of the films manufactured did not serve as oxygen barriers, leading to some level of water impermeability, air exchange, and oxygen exposure. However, the provision of oxygen barrier films and covers by prominent market players has aided in preventing oxygen from passing through, thereby minimizing aerobic respiration and preventing aerobic spoilage.

Oxygen barrier covers also provide a good seal to the surface by filling in the gaps. They trap oxygen underneath and aid in eliminating visible surface spoilage. The most effective way to utilize an oxygen barrier cover is a two-layer system to prevent oxygen penetration and protect the oxygen barrier film from damage by UV lights.

“Transmission Rate of Oxygen in Material of Silage Covers to Play Great Role”

Prominent manufacturers need to evaluate the effectiveness of plastic by keeping oxygen out and checking for the oxygen transmission rate (OTR). Several test methods have shown that lower the range of OTR in a 100% oxygen environment, less oxygen will get through the plastic, thereby leading to a high level of protection.

The addition of layers of plastic to prevent oxygen from getting through is likely to prevent spoilage. As such, consumers are preferring covers having a less transmission rate of oxygen.

Country-wise Insights

What is the United States Silage Covers Market Outlook?

The United States silage covers market is currently estimated at US$ 256.3 million and is projected to expand at a CAGR of 6.1% during the assessment period of 2022-2032.

Manufacturers in the United States silage covers market are investing in research and development to launch compostable and biodegradable silage covers and are experimenting with them at a greater level. Escalating demand for bio-based silage covers is likely to supplement market growth in the United States over the years.

Why are the China & India Silage Covers Markets Expected to Be Highly Lucrative?

China holds 57.3% share in the East Asia silage covers market in 2022. The country is expected to register 6.5% CAGR during the forecast years 2022-2032.

Rising demand for silage covers for the agricultural industry is set to create steady revenue streams for manufacturers in China’s silage covers market.

Companies are pointing towards innovations and experimenting with launching innovative product offerings for their customers, thereby boosting the growth of the Chinese market.

Category-wise Insights

Which Material is Widely Preferred to Manufacture Silage Covers?

The global market, under material type, is segmented into polyvinyl chloride (PVC), low-density polyethylene (LDPE), high-density polyethylene (HDPE), reinforced polyethylene (RPE), and other material types.

Amongst these, reinforced polyethylene (RPE) silage covers are majorly preferred by consumers and hold a major market share of 36.4%. The segment is poised to register 6.6% CAGR throughout the assessment period.

Reinforced polyethylene (RPE)-based silage covers offer the best UV and chemical resistance, thereby making them appropriate for silage covers and pads. RPE offers the best choice for silage covers as compared to PVC, LDPE, and HDPE, as it aids in reducing the drawbacks that the others come with.

Why are Double-layered Silage Covers Highly Preferred?

The global silage covers market, under the layer segment, is segmented into single-layered and double-layered.

Double-layered silage covers are likely to lead market growth. The segment holds 71.8% share in the overall market and is poised to register 6.1% growth during the forecast period.

Multiple layered silage covers provide adequate weighing that helps in preventing losses and resisting deterioration. Also, they prevent the longer risks of punching holes in the silage covering, providing enhanced protection to the silage covering. Attributed to these factors, market growth of this segment is likely to increase throughout the forecast years.

Competitive Landscape

Prominent silage cover manufacturers are Firestone Building Products, RAVEN, Poly-AG Corp, Napco National, Passion AG Holdings Ltd., Groupe Barbier, Bock Silosysteme GmbH, Ginegar Plastic Products Ltd., HUESKAR International, Silage Packaging Co. Ltd., ARK Agriculture Ltd., Wiefferink B.V., Zill GmbH & Co. KG, and BTL Liners.

Prominent manufacturers of silage covers are focusing on launching quality products with multiple layers to attract more customers. They are launching covers with superior tear and puncture resistance, along with outstanding oxygen barrier qualities, which are acting as the backbone of the strategy adopted by them to enhance their market share in the global silage covers market.

• RAVEN in 2022 was acquired by Industrial Opportunity Partners and will now be known as Viaflex. The company will focus on developing and manufacturing lighter, thinner, and strong polymer films, along with sheeting solutions, to address product challenges.
• HUESKAR International 2021 launched a unique silage cover with full-surface tensioning, which is intelligently designed to provide an efficient, air-tight seal for silage covering. This silage covering does not require the use of sandbags or tyres for ballasting and also has a minimum projected life of 10 years.

Fact.MR has provided detailed information about the price points of key manufacturers of silage covers positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Silage Covers Industry Research

• By Material Type :

  • Polyvinyl Chloride (PVC) Silage Covers
  • Low-density Polyethylene (LDPE) Silage Covers
  • High-density Polyethylene (HDPE) Silage Covers
  • Reinforced Polyethylene (RPE) Silage Covers
  • Other Material Types

• By Layer :

  • Single-layered Silage Covers
  • Multi-layered Silage Covers

• By End-use Application :

  • Agricultural Sector
  • Biomass Industry
  • Other Applications

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA