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.
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Agricultural Films Market is Predicted to Surpass $13.85 Billion By 2024
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Agricultural Films Market Set To On Huge Growth Owing To
Increasing Food Demand Owing To Growing Population Till
2024
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.
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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
“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.”
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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.
Further key findings from the study suggest:
The global agricultural films market demand 5.15 million tons in 2015 and is
expected to reach 8.28 million tons by 2024, growing at a CAGR of 5.4% from
2016 to 2024
Linear low-density polyethylene (LLDPE) was the major raw material segment in
2015 and is expected to reach a market worth USD 7.29 billion by 2024, growing
at a CAGR of 8.0% from 2016 to 2024. The high growth may be attributed to the
growing demand for these films in Asia Pacific.
Low-density polyethylene (LDPE) is projected to grow at a CAGR of 7.3% from
2016 to 2024. The high growth may be attributed to their use in agriculture areas
with harsh climatic conditions and limited water supply.
Asia Pacific was the leading consumer and accounted for 70.1% of global revenue
in 2015 owing to rising consumer disposable income coupled with favorable
government initiatives in the agriculture sector.
Major companies operating in the global agricultural films industry include AB Rani
last Oy, AEP Industries, Al-Pack Enterprises, BASF, Berry Plastic Group, Inc.,
British Polyethylene Industries PLC, Novamont S.PA, RKW and Triplast Industrier
AB.
Grand View Research has segmented the Agricultural Films Market on the basis
of raw material, application and region:
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Table of Content of Global Agricultural Films Market Research Report:
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Chapter 1 Methodology & Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Agricultural Films - Industry Summary & Key Buying Criteria
Chapter 3 Agricultural Films Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects
3.3 Agricultural films value chain analysis
3.3.1 Vendor landscape
3.4 Agricultural films - Technology outlook
3.5 Regulatory scenario
3.6 Agricultural films - Market dynamics
3.6.1 Market driver analysis
3.6.1.1 Increasing population
3.6.1.2 Biodegradability of agricultural films
3.6.2 Market restraint analysis
3.6.2.1 Government regulations
3.7 Agricultural films company market share analysis, 2015
3.8 Key opportunities - Prioritized
3.9 Industry analysis - Porter’s
3.10 Agricultural films - PESTEL analysis
Chapter 4 Agricultural Films Raw Material Outlook
4.1 Global Agricultural films market share by type, 2015 & 2024
4.2 Low density polyethylene
4.2.1 Market estimates and forecast, 2014 - 2024
4.2.2 Market estimates and forecast by region, 2014 - 2024
4.3 Linear low density polyethylene
4.3.1 Market estimates and forecast, 2014 - 2024
4.3.2 Market estimates and forecast by region, 2014 - 2024
4.4 High density polyethylene
4.4.1 Market estimates and forecast, 2014 - 2024
4.4.2 Market estimates and forecast by region, 2014 - 2024
4.5 Ethyl vinyl acetate/ethyl butyl acrylate
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4.5.1 Market estimates and forecast, 2014 - 2024
4.5.2 Market estimates and forecast by region, 2014 - 2024
4.6 Reclaims
4.6.1 Market estimates and forecast, 2014 - 2024
4.6.2 Market estimates and forecast by region, 2014 - 2024
4.7 Other
4.7.1 Market estimates and forecast, 2014 - 2024
4.7.2 Market estimates and forecast by region, 2014 - 2024
Chapter 5 Agricultural Films Application Outlook
5.1 Global Agricultural films market share by application, 2015 & 2024
5.2 Greenhouse
5.2.1 Market estimates and forecast, 2014 - 2024
5.2.2 Market estimates and forecast by region, 2014 - 2024
5.3 Mulching
5.3.1 Market estimates and forecast, 2014 - 2024
5.3.2 Market estimates and forecast by region, 2014 - 2024
5.4 Silage
5.4.1 Market estimates and forecast, 2014 - 2024
5.4.2 Market estimates and forecast by region, 2014 - 2024
Chapter 6 Agricultural Films Regional Outlook
6.1 Global agricultural films market revenue share by region, 2015 & 2024
6.2 North America
6.2.1 Market estimates and forecast, 2014 - 2024
6.2.2 Market estimates and forecast by raw material, 2014 - 2024
6.2.3 Market estimates and forecast by application, 2014 - 2024
6.2.4 U.S.
6.2.4.1 Market estimates and forecast, 2014 - 2024
6.2.4.2 Market estimates and forecast by raw material, 2014 - 2024
6.2.4.3 Market estimates and forecast by application, 2014 - 2024
6.2.5 Canada
6.2.5.1 Market estimates and forecast, 2014 - 2024
6.2.5.2 Market estimates and forecast by raw material, 2014 - 2024
6.2.5.3 Market estimates and forecast by application, 2014 - 2024
6.2.6 Mexico
6.2.6.1 Market estimates and forecast, 2014 - 2024
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6.2.6.2 Market estimates and forecast by raw material, 2014 - 2024
6.2.6.3 Market estimates and forecast by application, 2014 - 2024
6.3 Europe
6.3.1 Market estimates and forecast, 2014 - 2024
6.3.2 Market estimates and forecast by raw material, 2014 - 2024
6.3.3 Market estimates and forecast by application, 2014 - 2024
6.3.4 Germany
6.3.4.1 Market estimates and forecast, 2014 - 2024
6.3.4.2 Market estimates and forecast by raw material, 2014 - 2024
6.3.4.3 Market estimates and forecast by application, 2014 - 2024
6.3.5 UK
6.3.5.1 Market estimates and forecast, 2014 - 2024
6.3.5.2 Market estimates and forecast by raw material, 2014 - 2024
6.3.5.3 Market estimates and forecast by application, 2014 - 2024
6.3.6 France
6.3.6.1 Market estimates and forecast, 2014 - 2024
6.3.6.2 Market estimates and forecast by raw material, 2014 - 2024
6.3.6.3 Market estimates and forecast by application, 2014 - 2024
6.3.7 Italy
6.3.7.1 Market estimates and forecast, 2014 - 2024
6.3.7.2 Market estimates and forecast by raw material, 2014 - 2024
6.3.7.3 Market estimates and forecast by application, 2014 - 2024
6.3.8 Spain
6.3.8.1 Market estimates and forecast, 2014 - 2024
6.3.8.2 Market estimates and forecast by raw material, 2014 - 2024
6.3.8.3 Market estimates and forecast by application, 2014 - 2024
6.4 Asia Pacific
6.4.1 Market estimates and forecast, 2014 - 2024
6.4.2 Market estimates and forecast by raw material, 2014 - 2024
6.4.3 Market estimates and forecast by application, 2014 - 2024
6.4.4 China
6.4.4.1 Market estimates and forecast, 2014 - 2024
6.4.4.2 Market estimates and forecast by raw material, 2014 - 2024
6.4.4.3 Market estimates and forecast by application, 2014 - 2024
6.4.5 India
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6.4.5.1 Market estimates and forecast, 2014 - 2024
6.4.5.2 Market estimates and forecast by raw material, 2014 - 2024
6.4.5.3 Market estimates and forecast by application, 2014 - 2024
6.4.6 Japan
6.4.6.1 Market estimates and forecast, 2014 - 2024
6.4.6.2 Market estimates and forecast by raw material, 2014 - 2024
6.4.6.3 Market estimates and forecast by application, 2014 - 2024
6.5 Central & South America
6.5.1 Market estimates and forecast, 2014 - 2024
6.5.2 Market estimates and forecast by raw material, 2014 - 2024
6.5.3 Market estimates and forecast by application, 2014 - 2024
6.5.4 Brazil
6.5.4.1 Market estimates and forecast, 2014 - 2024
6.5.4.2 Market estimates and forecast by raw material, 2014 - 2024
6.5.4.3 Market estimates and forecast by application, 2014 - 2024
6.6 Middle East & Africa
6.6.1 Market estimates and forecast, 2014 - 2024
6.6.2 Market estimates and forecast by raw material, 2014 - 2024
6.6.3 Market estimates and forecast by application, 2014 - 2024
Chapter 7 Competitive Landscape
7.1 AbRaniPlastOy
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Raw material Benchmarking
7.1.4 Strategic Initiatives
7.2 Armando Alvarez
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Raw material Benchmarking
7.2.4 Strategic Initiatives
7.3 BASF
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Raw material Benchmarking
7.3.4 Strategic Initiatives
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7.4 BP Industries
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Raw material Benchmarking
7.4.4 Strategic Initiatives
7.5 Britton Group
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Raw material Benchmarking
7.5.4 Strategic Initiatives
7.6 Exxon Mobil
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Raw material Benchmarking
7.6.4 Strategic Initiatives
7.7 Group Barbier
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Raw material Benchmarking
7.7.4 Strategic Initiatives
7.8 Kurarary
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Raw material Benchmarking
7.8.4 Strategic Initiatives
7.9 Novamont
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Raw material Benchmarking
7.9.4 Strategic Initiatives
7.10 Trioplast
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Raw material Benchmarking
7.10.4 Strategic Initiatives
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About Grand View Research, Inc.:
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, the company offers
market intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and energy.
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