Agricultural Films Market by Polymer Type (Ethyl Butyl Acrylate, Ethyl Vinyl Acetate, High Density Polyethylene, Low Density Polyethylene, Linear Low Density Polyethylene, and Others) and by Application (Greenhouse Films, Mulch Films, Silage Films, and Geo-Membrane Films): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global agricultural films market expected to reach around USD 16.56 billion by 2025, at a CAGR of 7.4% between 2019 and 2025. The robust industrialization and easy availability of raw materials are also expected to drive the global agricultural films market in the years to come.

11-Jul-2019 | Number of pages: 110 | Report Code: ZMR-4379 | Report Format : | Status : Published

Analysis

Agriculture films are also called plasticulture and refer to the use of plastic materials in various agricultural applications. These agricultural films are utilized in several agricultural applications, such as a greenhouse, mulch, silage, geo-membrane applications, etc.

The global agricultural films market is likely to experience significant in the upcoming years, owing to the rising food demand due to increasing population in developing economies and growing demand for agricultural films for various applications, such as greenhouse films, mulch films, silage films, and geo-membrane films. Additionally, robust industrialization and easy availability of raw materials are also expected to drive the global agricultural films market in the years to come. However, stringent government regulations related to the manufacturing of agricultural films may act as a restraining factor for the growth of the agricultural films market globally. Alternatively, the growing focus on making environmentally sustainable agricultural films is likely to open new growth avenues for the major players of the agricultural films market globally.

The global agricultural films market is mainly fragmented into polymer type and application. On the basis of polymer type, the global agricultural films market includes ethyl vinyl acetate, ethyl butyl acrylate, low density polyethylene, high density polyethylene, linear low density polyethylene, and others (EVA, EVOH, PVC, and ETFE). The application segment of the global agricultural films market comprises greenhouse films, mulch films, silage films, and geo-membrane films. In 2018, the greenhouse and mulch films application segments dominated the agricultural films market globally.

In 2018, the Asia Pacific region was the largest agricultural films market globally. This regional growth can be mainly attributed to the rising regional population that is fueling the demand for food across the region. Moreover, the Asia Pacific agricultural films market is anticipated to be the fastest growing over the next few years, owing to the substantial developments witnessed in the region’s agricultural industry. North America was the second largest agricultural films market in 2018 globally. The U.S. was the major contributor to the region’s agricultural films market growth. North American countries (the U.S., Canada, and Mexico) are observing a growing demand for agricultural films, as rising food demand is estimated to benefit this regional market growth in the future.

Some major players of the global agricultural films market are BASF, Ab Rani Plast, Exxon Mobil, Berry Global, Henan YinFeng Plastic, Armando Alvarez, Plastika Kritis, Kuraray, The Dow Chemical Company, and Trioplast Industrier.


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