Agricultural Films Market Analysis and Forecast 2019-2026, Key Findings, Regional Analysis, Key Players Profiles, Fortune Business Insights™
The global agricultural
films market size is predicted to reach USD 14,315.4 million by 2026,
exhibiting a CAGR of 6.5% during the forecast period. The increasing applications of films in
tunnels, greenhouses, plastic reservoirs and irrigation systems, mulching,
silage and others will spur growth opportunities for the market in the
foreseeable future. The constantly rising demand for food has led to a surge
for effective additives for plastics in agricultural applications. This, factor
will boost the agricultural films market trends. In addition, agricultural film
has the capabilities of enhancing the productivity of the crops. Thus, growing
demand for agricultural films owing to its capabilities will bolster healthy
growth of the market.
As per the published report by Fortune Business
Insights, titled “Agricultural Films Market Size, Share & Industry Analysis, By
Raw Material (Low Density Polyethylene, Linear Low Density Polyethylene, High
Density Polyethylene, Ethyl Vinyl Acetate/Ethyl Butyl Acrylate, Reclaims, and
Other), By Application (Greenhouse, Mulching, and Silage), and Regional
Forecast, 2019-2026”
The agricultural
films market size stood at USD 8,686.0 million in 2018.The agricultural
films market report focuses and
elaborates the definition, types, applications and major players in detail.
Deep analysis about agricultural films market status, competition pattern, enterprise, advantages and
disadvantages of enterprise products, industry development trends, regional
industrial layout characteristics and macroeconomic policies, industrial policy
has also been studied and provided within the synopsis. From raw materials to
downstream buyers of this industry has been analyzed scientifically, the feature
of product circulation and sales channel is presented as well. This report is
aimed at helping companies, investors and potential shareholders along with
venture capitalists establish a bird’s eye view prospect of industrial
development and characteristics of the market. The report also benefits its
readers by providing the unrivalled data in well-organized manner.
Market Driver:
Environmental
Concerns to Motivate Chances for Biodegradable Films
The growing
environmental issues and human health threats has made biodegradable films as an alternative solution
for the agricultural films sector. The
rising efforts for the development of biodegradable or edible films from
biopolymers with an aim to improve crops performance and farming practices
among end-users will have a positive impact on the agricultural films market share. Biodegradable agricultural films
are made from natural polymers and are propitious, as it improves crop quality,
increases yields, reduces water use for irrigation, enhances weed control, and
pesticides. Moreover, strict government guidelinesregarding environment
protection will result in the expansion of the market in the forthcoming years.
In addition, these films are completely organic, helping the bacterial flora to
transform films into water and biomass, carbon dioxide or methane, hence reduction
in water pollution.
Browse
summary:
https://www.fortunebusinessinsights.com/agricultural-films-market-102701
Regional Analysis:
Surge in Food Production to Stimulate Growth
in Asia Pacific
The market in Asia Pacific stood at USD 5,924.4 million in 2018 and is expected to grow rapidly during
the forecast period owing to the rising food production in the developing
countries such as India and China. The growing use of mulching agricultural films
will enable healthy growth of the market in Asia Pacific. The growing
population and Favorable government regulations will propel market in the
region. North America is predicted to witness a high growth rate during the
forecast period owing to the rising consumers shift towards plant based-food.
Europe is predicted to rise perpetually in the forthcoming years owing to the
rising use of biodegradable agricultural films in the region.
The
Report Lists the Main Companies in the Agricultural Films Market:
·
BASF
·
Coveris
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Key
Development:
January 2019:
RKW announced to expand Its silage films portfolio with
PolydressSiloClassics and PolydressSiloPro. The new portfolio of the company
will consist of design offerings to help farmers add a little significant value
in terms of work efficiency and silage quality, also covering sustainability to
cost-saving needs in agriculture.
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