Agricultural Films Market Size worth USD 10.57 Billion by 2022


Posted November 28, 2018 by armaan007

Agricultural Films Market expected to be valued at USD 10.57 Billion by 2022, at a CAGR of 5.9%, during 2017–2022

 
The Global Agricultural Films Market was valued at USD 7.48 Billion in 2016 and is projected to reach 10.57 Billion by 2022, at a CAGR of 5.9% from 2017 to 2022. In this report, 2016 is considered as the base year and the forecast period is from 2017 to 2022.

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Based on type, the global agricultural films market has been segmented into Linear Low-density Polyethylene (LLDPE), Low-density Polyethylene (LDPE), Reclaim, Ethylene-vinyl Acetate (EVA), High-density Polyethylene (HDPE), and others. The Linear Low-density Polyethylene (LLDPE) segment is anticipated to lead the global agricultural films market during the forecast period, owing to advanced properties such as mechanical strength, moisture barrier, optical properties, and resistance to sunlight of LLDPE films. In addition, the thickness of these films is lesser than other films, making it suitable for agricultural applications, thereby fueling the growth of the agricultural films market.

Based on application, the global agricultural films market has been classified into greenhouse film, mulch film, and silage film. The greenhouse film segment is anticipated to lead the global agricultural films market between 2017 and 2022. The need for lighter and safer structures has been driving the agricultural films market in the greenhouse film application. Greenhouse films protect crops from UV rays and offer durability.

Based on region, the global agricultural films market has been segmented into Asia Pacific, Europe, North America, the Middle East & Africa, and South America. Asia Pacific is expected to be a major market for agricultural film during the forecast period, owing to growing population and the increased demand for controlled agriculture in the region.

Currently, the global agricultural films market is dominated by various market players such as The Dow Chemical Company (U.S.), BASF SE (Germany), ExxonMobil Corporation (U.S.), RKW SE (Germany), Berry Plastic Group, Inc. (U.S.), Grupo Armando Alvarez (Spain), British Polythene Industries Plc. (U.K.), and Barbier Group (France).

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Issued By Markets and Markets
Country India
Categories Agriculture , Industry , Marketing
Tags agricultural films , agricultural films applications , agricultural films industry , agricultural films manufacturers , agricultural films market , agricultural films types
Last Updated November 28, 2018