The global agricultural films market is expected to reach USD 13.85 billion by 2024, according to a new report by Grand View Research, Inc. Growing population is anticipated to exert pressure on agricultural productivity. These films are used to enhance the productivity and improve crop quality by minimizing soil erosion, providing nutrients, and suppressing weed growth. They are primarily made of polyethylene. Growing consumer disposable income coupled with the rising high-quality crops demand is anticipated to drive the market growth over the forecast period.
Depleting arable land is expected to impact market growth positively over the next eight years. Protective films are placed over soil, covered over greenhouses and wrapped around fodder. Various benefits offered by agricultural films including reducing the risk of seed germination, decreasing soil compaction, raising soil temperature, providing nutrients, and protecting against UV rays. These advantages are expected to raise product demand in near future.
Agricultural films for green house dominated the global demand and accounted for 42.9% of total revenue in 2015. This trend is anticipated to continue over the forecast period on account of rising demand from emerging economies such as China and India

Browse full research report by Grand View Research:
http://www.grandviewresearch.com/industry-analysis/agricultural-films-market

Further key findings from the study suggest:

• Hydrocarbon propellants accounted for an overall share of over 81% of the volume in 2015. High demand for environment-friendly propellants coupled with the low price of the products leads to a high usage. The segment is, however, expected to lose market share owing to the advent of advanced formulations with superior performance characteristics such as stability and no interaction with the container contents.
• Personal care segment is expected to grow at a CAGR of more than 3% from 2016 to 2025 on account of growing demand for deodorants, mousses and hair sprays. The demand for the product is expected to rise on account of rising awareness regarding the use of beauty enhancing products primarily in Asia Pacific and Central & South America. Also, demand for shaving foams and hair styling products primarily on account of increased acceptance of such beauty enhancing products is likely to drive market growth.
• The market in Europe is expected to account for over 32% of the global revenue due to high demand for the cans in the household and personal care applications. High demand for the product for automotive cleaners and paints is expected to drive the demand for the product over the forecast period.
• Major manufacturers in the domain resort to high expenditures for research and development of advanced propellant formulations in a bid to increase their market share. The development of highly advanced products such as Solstice, by Honeywell International Inc., that exhibits superior properties such as non-inflammability, zero ozone depletion, and low global warming potential is expected to drive the growth.

Browse more reports of this category by Grand View Research:
http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the agricultural films market on the basis of raw material, application and region:

Global Agricultural Films Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
• Low density polyethylene (LDPE)
• Linear low density polyethylene (LLDPE)
• High density polyethylene (HDPE)
• Ethyl vinyl acetate/ ethyl butyl acrylate (EVA/EBA)
• Reclaims
• Others
Global Agricultural Films Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
• Green house
• Mulching
• Silage
Global Agricultural Films Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
• Asia Pacific
o China
o India
o Japan
• Central & South America
o Brazil
• Middle East & Africa

Access press release by Grand View Research:
http://www.grandviewresearch.com/press-release/global-agricultural-films-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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