Agricultural Films Market is Growing Exponentially in Order to Gain More Demand by 2026


Posted September 15, 2021 by armaan007

Agricultural Films Market expected to be valued at USD 15.7 Billion by 2026, at a CAGR of 6.5%, during 2021–2026

 
The report "Agricultural Films Market by Type (LLDPE, LDPE, Reclaim, EVA, and HDPE), Application ((Greenhouse Film (Classic Greenhouse, Macro Tunnel), Silage Film (Silage Stretch Wrap), and Mulch Film (Transparent or Clear Mulch)) and Region -Global Forecast to 2026", The Agricultural Films Market is projected to reach USD 15.7 billion by 2026, at a CAGR of 6.5% from USD 11.5 billion in 2021.

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Browse 210 market data Tables and 67 Figures spread through 250 Pages and in-depth TOC on "Agricultural Films Market”

Protective films that are placed over soil, cover greenhouses, and wrap fodder are called agricultural films. Growing agricultural productivity has led to increased demand for these films. Agricultural films help in reducing soil erosion, maintain soil temperature, suppress the growth of weeds, and protect the soil against UV rays.

LLDPE is the largest type segment of the agricultural films market. APAC was the largest market for agricultural films in 2020, in terms of both volume and value. Factors such as global focus on increasing agricultural output and increasing demand from the dairy industry will drive the agricultural films market.

“EVA is projected to be the fastest-growing type for agricultural films market between 2021 and 2026”

EVA is a copolymer of ethylene and vinyl-acetate used in agricultural films. It lowers the melting point of PE film and offers advantages such as softness, flexibility, clarity, barrier properties, resistance to crack & stress, waterproofing, resistance to UV radiation, and optical and mechanical properties. The mechanical strength of EVA film depends on the content of vinyl acetate. Higher the content of vinyl-acetate, lower is the film’s permeability to gas and moisture. Owing to these properties and features, EVA films are suitable for greenhouse and mulching applications.

“Mulch Film is projected to be the fastest growing application in agricultural films market between 2021 and 2026.”

Mulching is a practice of covering the soil/ ground to provide favorable conditions for plant growth and development and for efficient crop production. Mulch in technical term means “covering of soil.” While natural mulches such as leaf, straw, dead leaves, and compost have been used for centuries, the advent of synthetic materials has altered the methods and benefits of mulching. In comparison to other mulches, plastic mulches are completely impermeable to water. Therefore, these prevent direct evaporation of moisture from the soil, thus limiting water loss and soil erosion over the surface. Therefore, mulching plays a vital role in water conservation. Mulches are further classified as black mulches, transparent or clear mulches, and others. The high growth is owing to increasing crop protection with limited land available for farming. Moreover, the color of mulch films is expected to have a significant effect on the growth of certain crops. For instance, tomato responds more to red mulch in comparison to others. Red films also reduce blight in plants.

https://www.prnewswire.com/news-releases/agricultural-films-market-worth-5-7-billion-by-2026--exclusive-report-by-marketsandmarkets-301291016.html

APAC is projected to be the fastest-growing region for the agricultural films market during the forecast period

Asia-Pacific has dominated the global agricultural films market. This dominance is attributed to the massive agricultural growth and increased demand for food in key countries such as China and India. Increasing population and rising per capita intake of food exert pressure on the agricultural output. The area under cultivation cannot be increased due to a decrease in arable land. Thus, the practice of controlled agriculture is essential to cater to the demand of the region’s rising population. The demand for agricultural films is growing, especially in Asia-Pacific and the Middle East & Africa. Thus, the markets in these regions are expected to register higher growth in comparison to other regions.

The key market players profiled in the report include Berry Global Inc. (US), Kuraray Co. Ltd. (Japan), Coveris (Austria), The RKW Group (Germany), BASF SE (Germany), AB Rani Plast OY (Finland), the Dow Chemical Company (US), Grupo Armando Alvarez (Spain), and Plastika Kritis S.A. (Greece).

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Issued By Markets And Markets
Country India
Categories Agriculture , Food , Industry
Tags agricultural films , agricultural films applications , agricultural films end users , agricultural films industry , agricultural films manufacturers , agricultural films market
Last Updated September 15, 2021