Strong outlook for improvement in farming techniques to drive Agricultural Films Market size by 2022

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Agricultural Films Market size, Share, Industry
Analysis Forecast, 2016 2022
Agricultural Films Market size worth over 12.5bn
by 2022
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Global Market Scenario of Agricultural Films
Industry

• Agricultural Films Market size is expected to
  reach USD 12.6 billion by 2022 according to a
  new research report by Global Market Insights,
  Inc.
• Strong outlook for improvement in farming
  techniques to increase crop yield along with
  decreasing arable land should drive global
  agricultural films market size. Key product
  properties include durability, transparency,
  anti-fog, diffusion, thermal effects and
  degradation. Industry innovation include products
  such as UV blocking, florescent, NIR blocking,
  and ultra-thermic.
• China agricultural film market size may generate
  over USD 7 billion in sales by 2022. Positive
  government initiatives such as RD of protected
  farming practices should favour product demand.
• Polymers used to manufacture these products
  include LDPE, LLDPE, HDPE, EVA, PVC and EVOH.
  Tight raw material supply situation due to
  political unrest in the Middle East may
  pressurize agricultural films market price trend.

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Continue.....

• LLDPE agricultural films market may witness over
  6.5 growth. Key performance metrics include
  flexibility and moisture blocking properties with
  cost effectiveness. Increasing farming activities
  in India, Indonesia, Malaysia and Thailand
  coupled with technological advancements in
  agri-businesses should drive product demand.
• Mulching applications should grow significantly
  at over 6.2 and surpass 3.5 million tons by
  2022. Mulching helps maintain soil temperature,
  soil water retention and inhibits weed growth. In
  addition, it helps to grow crop faster with
  higher yield.
• Europe agricultural films market may witness
  stagnant growth owing to declining arable land.
  Strong outlook for plastic usage in agriculture
  due to stringent European standards should drive
  reclaims product demand.
• Regulations regarding use and recycling of
  plastic are being followed in Europe, U.S and
  Asia. Introduction of biodegradable and biobased
  polymer products should create lucrative
  opportunities for industry participants.
• Disposal of synthetic polymer products is a major
  challenge for the business growth
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Europe agricultural films market share, by raw
material, 2014
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5
360 Analysis
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• Application Analysis
• HDPE agricultural films demand was close to 375
  kilo tons in 2015. It is widely used in mulching
  and fumigation applications. Growing floriculture
  and horticulture industry in the Middle East
  should drive product demand owing to harsh
  climatic conditions.
• Agricultural mulch film market size was the
  largest and registered more than USD 2.6 billion
  in 2014.
• Greenhouse application accounted for over 41 of
  the total volume in 2014 and is likely to witness
  gains at above 6.3 up to 2022.
• Regional Analysis
• China LDPE agricultural films market size should
  grow at over 6.5 and surpass 840 kilo tons by
  2022. The application of these products in
  farming is highly beneficial in areas with
  limited water supply and harsh climatic
  conditions.
• North America, driven by U.S agricultural films
  market, should achieve 5 growth. Rising
  greenhouse application coupled with decrease in
  arable lands should drive regional industry
  demand.

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• Competitive Market Share
• Global agricultural films market share is
  fragmented and it indicates numerous large
  small scale manufacturers in local regions of
  China, India, Thailand and Malaysia.
• Global agricultural films market share includes
  Ab Rani Plast, Hyplast, Novamont, Kuraray,
  Trioplast and Berry Plastics key industry
  players. Other prominent participants include
  BASF, British Polyethylene Industries, Dow
  Chemical and Barbier Group.

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7

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