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Agricultural Films Market by Type, - Global Forecast to 2022

Agricultural Films Market: Global Forecast until 2022

  • September 2017
  • 166 pages
  • ID: 5135705
In this report:
Demand for agricultural films is expected to increase in Singapore, Malaysia, Australia & New Zealand, and Indonesia because of significant production and utilization of agricultural films in these countries between 2017 and 2022.
Mulch film is expected to be the fastest-growing application of agricultural films, which is projected to register a CAGR of ##.##% between 2017 and 2022.

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The overall agricultural films market is estimated to rise at a compound annual growth rate of 5.90 percent during the forecast period

The overall agricultural films market is forecasted to be ~$7.9B in 2017 and is projected to extend ~$10.6B by 2022, at a compound annual growth rate of 5.90 percent between 2017 and 2022. Increasing overall population has led to an increased need for optimum agricultural productivity, which is consequently anticipated to boost the industry demand for agricultural films to rise yield and crop quality. Nevertheless, the high cost of installation of greenhouse films and adverse effects of plastics on the environment can restrain the increase of the market.

The Linear Low-density Polyethylene segment is anticipated to be the most important type segment of the overall agricultural films market

The Linear Low-density Polyethylene segment is anticipated to be the biggest type segment of the overall agricultural films market between 2017 and 2022.LLDPE is the most widely used type of agricultural films, according to its properties, including higher puncture resistance, high tensile strength, and resistance to sunlight & cracking.

LLDPE is quickly replacing conventional Low-density Polyethylene in many application areas, due to its lower production cost and high performance.

The greenhouse film application segment is anticipated to be the most important application segment of the overall agricultural films market during the outlook period

The greenhouse film segment is intended to be the biggest application segment of the overall 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. Furthermore, there is a strong demand for greenhouse films from emerging countries including India and China (CN), which, in turn, is anticipated to drive the increase of the agricultural films in the greenhouse film application segment in the next years.

Asia-Pac is forecasted to be the quickest developing market for agricultural films during the estimate period

The agricultural films market in the Asia Pacific area is forecasted to witness the highest increase during the outlook period.Increasing population and increasing demand for food have led to an increased demand for optimum agricultural output.

The area under cultivation cannot be increased due to a decrease in arable land. Therefore, the practice of controlled agriculture is essential to cater to the demands of increasing population, which is fueling the increase of the agricultural films market in the territory.

Breakdown of profiles of primary Q&A for the market research

• By Company category: Tier 1 - 30.0 percent, Tier 2 - 43.0 percent, and Tier 3 - 27.0 percent

• By Description: C-suite - 21.0 percent, D-level - 23.0 percent, and Others - 56.0 percent

• By Area: North America (NA) - 37.0 percent, EU - 23.0 percent, Asia Pacific (APAC) - 26.0 percent, and rest of the world - 14.0 percent

Key firms decribed in this business report contain BASF, Dow Chemical, Berry Global, The RKW Group, Trioplast Industrier AB, Ab Rani Plast Oy, RPC Group, Grupo Armando Alvarez, Kuraray, and Coveris.

Scope of the Report

The overall agricultural films market has been split on the basis of type, application, and area.Established on category, the industry has been categorized into LLDPE, LDPE, Reclaim, EVA, HDPE, and others.

Established on application, the sector has been divided into greenhouse film, mulch film, and silage film. Established on area, the overall agricultural films market has been broken down into Asia Pacific, Europe (EU), North America continent, South America region, and the Middle East (ME) & African continent.

Key Benefits:

This industry report includes the following aspects that will benefit the client:

• Market segmentation on the basis of class, application, and area

• Market dynamics including drivers, market restraints, and alternatives

• Porter's Five Forces analysis

• Profile of main actors in the overall agricultural films market

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