Study
on Agricultural Films Market by Infinium Global Research is comprehensive
presentation of qualitative and quantitative research to identify key trends,
growth prospects, drivers, restraints and opportunities in the Global market.
The report also deep dives into the sub-segments of Agricultural Films Market
by application (greenhouse films, mulch films, silage films) through main
geographies in the Global Market such as North America, Europe, Asia-Pacific
and RoW. Browse through over 100 tables and figures to get complete view of the
global and regional markets of Agricultural Films over the period of 2017 to
2023. Global agricultural films market is expected to grow at a CAGR between
6.0% and 6.5% over the period of 2017 – 2023.
Browse Research Report: https://www.infiniumglobalresearch.com/consumer_goods_packaging/agricultural_films_market
Market Insights
Global
agriculture films market is characterized by continuous research and
development and leading players such as BASF SE, The Dow Company, Berry Plastic
Corporation, and British Polythene Industries among others are investing
heavily on R&D on agriculture films. The development of bio-degradable
plastic agricultural films is expected to revolutionize the industry. Asia
Pacific region is the largest and the fastest growing agricultural market, due
to increasing demand for food products and agriculture infrastructure
development. Latin America agricultural films market is witnessing significant
growth, due to the adoption of new farming techniques in countries such as
Argentina and Brazil.
Decreasing
fertile cultivable lands, increasing demand for food products to cater huge
population, necessity to improve the yield of crops are major factors that
drive the growth of the global agricultural films market. LLDPE is the major
material used for manufacturing of agricultural films. Due to the superior
flexibility and moisture prevention capabilities, LLDPE segment is expected to
drive the growth of the agricultural films market. Due to the advanced
properties such as durability, efficient light transmission, flexibility,
mechanical, optical, resistance to crack, stress and UV radiations, EVA segment
of agricultural films is anticipated to garner highest growth during the
forecast period. Due to the superior
properties of the silage films to reduce the food spoilage to minimum and
increasing costs of feed is expected to drive the growth of the silage segment
of the agricultural films market. The disposal of used non-degradable
agricultural films is a major restraint for the global agricultural films
market. The strict regulations set by various governments for the use of
plastics and polythene is anticipated to negatively impact the growth of the
global agricultural market. Availability of eco-friendly alternative materials
for agricultural films is a challenge to the major players in the global
agricultural films market. However, plastic based biodegradable agricultural
films are expected to provide growth opportunities for the market players
during the forecast period.
Segments Covered
The
report covers the analysis of global as well as regional markets of agriculture
films market. Moreover, the global agricultural films market is segmented by
application and by polymer type. The global agricultural films market by
applications cover greenhouse films, mulch films, silage films and others. On
the basis of polymer type, the market is segmented as ethyl butyl acrylate,
ethyl vinyl acetate, high density polyethylene, low density polyethylene,
linear low density polyethylene, poly vinyl chloride, reclaims and some others.
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Geographies covered
The
global agricultural films market covers analysis of regions such as North
America, Europe, Asia-Pacific and RoW (including Latin America, Middle East and
Africa). Among the geographies, Asia-Pacific accounts for major part of the
revenue in the global agricultural market and it is expected to remain as the
fastest growing market for agricultural films, in terms of CAGR over the
forecast period of 2017-2023. Increasing demand for food products, due to the
presence of the large population in the countries such as China and India,
along with the need for more fertile cultivable lands with better productivity
is driving the farmers in the region to adopt agricultural films. The multifold
increase in area under cultivation, adoption of modern farming technologies for
improving the yield of the crops is driving the growth of the Latin American
Agricultural films market. Stringent regulations in European Union regarding
the disposal of non-degradable agricultural films are anticipated to slow down
the European Agricultural market. However, adoption of bio-degradable
agricultural films is expected to enhance the growth of the market.
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Companies Profiled
The
companies covered in the report include manufacturers of Global Agricultural
Films include AB Rani Plast Oy, BASF SE,
Berry Plastic Corporation, British Polythene Industries Plc, ExxonMobil Corporation, Grupo Armando
Alvarez, Henan Yinfeng Plastic Co. Ltd, Hyplast NV, Kuraray Co. Ltd, Plastika
Kritis SA, Trioplast Industrier AB, and
The Dow Chemical Company.
Report Highlights:
The
report provides deep insights on demand forecasts, market trends and micro and
macro indicators. In addition, this report provides insights on the factors
that are driving and restraining the demand of agricultural films globally as
well as regionally. Moreover, IGR-Growth Matrix analysis given in the report
brings an insight on the investment areas that existing or new market players
can consider. The report provides
insights into the market using analytical tools such as Porter’s five forces
analysis and value chain analysis of Agricultural Films. Moreover, the study
highlights current market trends and provides forecast from 2017 to 2023. We
also have highlighted future trends in the agricultural films market that will
impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight on the market share of
the leading players. Additionally, the analysis highlights rise and fall in the
market shares of the key players in the market. This report will help
manufacturers, suppliers and distributors of the agricultural Films market to
understand the present and future trends in this market and formulate their
strategies accordingly.
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