Agricultural Films Market is expected to reach a CAGR of 6.95% between 2024-2032

The global agricultural films market size was worth around USD 13.05 billion in 2023 and is predicted to grow to around USD 23.89 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.95% between 2024 and 2032.

Agricultural films are special plastic films applied to crops in ways that protect them most, create optimal growth conditions, and enhance agricultural output. They are used in greenhouses, mulching, and silage applications to protect crops against bad weather, insects, and weeds. Adding UV stabilizers to them or incorporating anti-fog agents into these films established durability and function, making them capable of increasing yield and reducing spoilage.

Browse the full “Agricultural Films Market By Polymer Type (Ethyl Butyl Acrylate, Ethyl Vinyl Acetate, High Density Polyethylene, Low Density Polyethylene, Linear Low Density Polyethylene, And Others), By Application (Greenhouse Films, Mulch Films, Silage Films, And Geo-Membrane Films), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032” Report at https://www.zionmarketresearch.com/report/agricultural-films-market

The agricultural film market is an essential market emerging in modernism. It is an innovative material that makes farming productive, resourceful, and up-to-date with the increasing food demand from all over the globe.

Market Growth Factors

The Agricultural Films Market is estimated to exhibit significant growth over the coming years. Emerging drivers for growth are as follows:

Rising Global Food Demand:

• Increasing population, which is expected to touch 9.7 billion by 2050, has boosted agricultural output, thus increasing the demand for food.
• Productivity improvement solutions such as agricultural films are needed for food security issues worldwide.

Technological Innovations:

• Nano greenhouses and high-end greenhouse films ensure the production of crops with superior mechanical properties and optimized light conditions.
• Biodegradable films have less effect on the environment, which aligns with global sustainability objectives.

Cost-Effectiveness:

• Better technologies for making films actually yield very high yields for low investments and are available to all farmers worldwide.

Restraints

Broadly, the market prospects appear encouraging, although there are certain obstructions it must overcome:

Environmental Regulations:

• Strict rules on plastic usage curtail the adoption of conventional agricultural films for large-scale adoption due to pollution.

Volatility in the Raw Material Prices:

• The crude oil derivatives on which raw material consumption for films relies lead to fluctuating prices that affect affordability and availability.

Agricultural Films Market: Report Scope

Market Segmentation

The agricultural film market is categorized into material, application, and region.

Based on material, the agricultural film market is segmented into ethyl butyl acrylate, ethyl vinyl acetate, high-density polyethylene, low-density polyethylene, linear low-density polyethylene, and others. Of these, linear low-density polyethylene leads the market, mainly due to its cost-effectiveness, flexibility, and ability to resist harsh conditions. It is also highly durable and has superior thermal properties.

On the basis of application, the global agricultural film industry is categorized into greenhouse films, mulch films, silage films, and geo-membrane films. Of these, the mulching film segment is seen as leading because of its weed control, moisture retention, and soil temperature regulation, which leads to enhanced crop yield.

Asia-Pacific region is projected to dominate the global agricultural film market during the forecast period. This region captured the maximum market of about 53.81% in 2024 as a result of food demand and the advances made in plasticulture in China and India. Factors like raw material availability, diverse climate and government support also add to the growth rate. Also, the rising emphasis on sustainability objectives and growing greenhouse technology use are likely to drive the industry expansion in years to come.

Key Market Players:

The key companies present in the Agricultural Films Market include:

• BASF SE
• Berry Global Inc.
• Novamont S.p.A.
• Rani Plast
• Coveris
• ExxonMobil Corporation
• Henan YinFeng Plastic
• Armando Alvarez
• Plastika Kritis
• Kuraray
• The Dow Chemical Company
• Trioplast Industrier

Recent Developments and Acquisitions (2024)

• 2024 - The Rani Plast initiative for a nationwide recycling system focuses on sustaining the environment along with the major players in the industry.
• 2024 - Berry Global Inc. joined hands with CleanFarms to advance circular economy practices in Canada.
• 2024 - RKW Group has introduced its FarmGuard brand of silage film, which is a high-performance product that commits toward reducing farm waste.

Global Agricultural Films Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com