Overview - China is a major agricultural country with widespread use of agricultural plastic films. Despite a reduction in the usage of plastic films due to environmental policies, the accumulated residual film remains significant, and non-degradable films still dominate the market. This has led to a continuous increase in the demand for residual film recovery machines, which not only address pollution issues but also promote the development of the recycling market, providing economic benefits and further stimulating market demand. In 2024, data shows that 9 provinces have subsidies for residual film recovery machines, with a total of 4,229 machines subsidized, including 2,156 machines sold under subsidy [1][11]. Market Policies - A series of supportive policies have been issued to encourage the development of the agricultural machinery industry, including residual film recovery machines. Key policies include the "2024 Industry Structure Adjustment Guidance Catalog," "2024-2026 Agricultural Machinery Purchase and Application Subsidy Implementation Opinions," and others aimed at promoting the modernization and sustainability of agricultural practices [4][5][7]. Industry Chain - The upstream of the residual film recovery machine industry includes suppliers of raw materials such as steel, rubber, and plastic, as well as core component suppliers like engines, electric motors, hydraulic systems, and control systems. The midstream involves the research and production of recovery machines, while the downstream market primarily consists of agricultural production units, large-scale farmers, and cooperatives that utilize these machines to recover residual films [9]. Development Status - The market demand for residual film recovery machines continues to grow due to the increasing use of agricultural plastic films and the heightened awareness of environmental issues. The subsidy data indicates a growing recognition of the need to address "white pollution," with an expanding range of provinces offering subsidies for these machines, suggesting significant future market potential [11][13]. Competitive Landscape - The market for residual film recovery machines is concentrated, with over 50 companies reported to have subsidy sales data in 2024. The top 10 companies account for over 70% of the market share. Notably, Guyuan Xinyu Agricultural Machinery Co., Ltd. leads with a subsidy sales volume of 461 machines, representing a market share of 21.38% [13][15]. Industry Representative Companies - Guyuan Xinyu Agricultural Machinery Co., Ltd. focuses on the production and promotion of agricultural machinery, including various models of residual film recovery machines. The company has received multiple patents and has successfully marketed its products across several provinces [15][16]. - Ningxia Haiyuan Guohua Agricultural Machinery Manufacturing Co., Ltd. has a long history and produces a range of agricultural machinery, including residual film recovery machines, with a strong reputation in several provinces [17]. Development Trends - The future of residual film recovery machines is expected to integrate more smart technologies, such as sensors and IoT, enabling remote monitoring and automatic adjustments to improve efficiency. Additionally, these machines are likely to evolve towards multifunctional capabilities, combining tasks like deep plowing, fertilization, and sowing to enhance land utilization and reduce operational costs [19].