Transparency Market
Research provides key insights into the global agricultural films
market. The report states that the global agricultural films market
is expected to expand at a CAGR of 7.6% during the forecast period
from 2013 to 2019. In 2012, the global agricultural films market was
worth more than US$5.8 bn and by 2019, it is expected to be valued at
more than US$9.6 bn.
In-depth research
report on Agricultural Films Market with Full TOC at :
http://www.transparencymarketresearch.com/agricultural-film.html
The rising demand
for food is projected to drive the global agricultural films market.
Moreover, the depleting amount of arable land will also boost the
global agricultural films market. Protective films placed over soil,
wrapped around fodder, or covered over greenhouses are known as
agricultural films. These films offer a broad range of benefits.
These include decreasing soil erosion and soil compaction, increasing
soil temperature, providing nutrients, facilitating seed germination,
protecting against UV rays, and controlling the growth of weeds.
These advantages of agricultural films are adding to their popularity
in the global scenario.
The global
agricultural films market will also benefit from the cost efficiency
of these films over traditional farming techniques. In addition to
this, the rising standards of farming around the world will also fuel
the global agricultural films market. Nevertheless, the global
agricultural films market will be suppressed by the disposal of waste
and its adverse effect on the environment.On the basis of product
type, the global agricultural films market is divided into
low-density polyethylene (LDPE), reclaims, ethyl vinyl
acetate/ethylene butyl acrylate (EVA/EBA), high-density polyethylene
(HDPE), linear LDPE (LLDPE), and other films. The LDPE agricultural
films segment holds the largest share of around 55% in the global
agricultural films market. This segment is predicted to continue its
dominance till the end of the forecast period.
Application-wise,
the global agricultural films market is classified into silage,
mulching, and greenhouse. Currently, the greenhouse segment dominates
the global agricultural films market with a share of 40%. This
application sector is poised for notable growth in the coming few
years.According to geography, the global agricultural films market is
segmented into the Middle East and Africa, China, Europe, Central and
South America, North America, and Rest of Asia Pacific. Presently,
China dominates the global agricultural films market. The Middle East
and Africa region also holds a significant share in the global
agricultural films market, due to the widespread presence of arid
lands and deserts in this region.
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The rising demand
from Asia Pacific for fruits and vegetables such as strawberries,
cucumbers, and tomatoes is expected to drive this regional market in
the global agricultural films market. Asia Pacific is expected to
experience the fastest growth in the global agricultural films market
during the forecast period.The key opportunities for players
operating in the global agricultural films market are rising demand
for biobased agricultural films and increasing commercialization of
biodegradable PE films. The top players in the global agricultural
films market are Trioplast, The Dow Chemical Company, Novamont, Group
Barbier, ExxonMobil Chemical, Berry Plastics Corporation, BASF SE,
and Armando Alvarez Group.
Key Segments of
the Global Agricultural Films Market
Segmentation by
Product Type
- LDPE
- LLDPE
- HDPE
- Ethyl Vinyl Acetate
- Ethylene Butyl Acrylate
- Reclaims
Segmentation by
Application
- Mulching
- Greenhouse
- Silage
Segmentation by
Region
- North America
- Europe
- China
- Rest of Asia Pacific
- The Middle East and Africa
- Central and South America
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