Agricultural Films Market Size Worth USD 14.96 Billion Globally by 2027 at 5.8% CAGR | Report by Emergen Research
Increased demand for food due to the growing global population and advancements in agricultural technologies are driving the demand of the market.
VANCOUVER, BC, CANADA, April 26, 2022 /EINPresswire.com/ --
The Global Agricultural Films Market Report, published by Emergen Research, offers an industry-wide assessment of the Agricultural Films market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2027. The current trends of the Agricultural Films market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Agricultural Films market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Agricultural Films industry.
The Agricultural Films Market is forecasted to be worth USD 14.96 Billion in 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing need for optimum agricultural productivity. The growing requirement for high-quality crops coupled with the rising disposable income of the consumers is forecasted to drive the growth of the industry over the forecast period.
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Key participants include BASF SE, The RKW Group, Berry Global Inc., AB Rani Plast Oy, Kuraray Co. Ltd., RPC Group PLC, Trioplast Industrier AB, Coveris, Novamont S.P.A and Britton Group Limited, among others.
Market Overview:
The research report on the Agricultural Films market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Agricultural Films business sphere.
Market Dynamics:
The report offers insightful information about the market dynamics of the Agricultural Films market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Agricultural Films market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Agricultural Films market.
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Key Highlights From The Report
In Jan 2017, AEP Industries Inc., a North American key manufacturer of flexible plastic packaging films, was acquired by Berry Global Inc., a key manufacturer of agricultural films, in order to remain competitive in the growing industry and to expand its product portfolio in the agricultural sector.
Linear Low-density Polyethylene (LLDPE) held the largest market share of 35.4% in 2019. The increasing population of the developing economies, coupled with the growing demand for food, has resulted in the high demand for the Linear Low-density Polyethylene in the APAC region.
The mulch film segment dominated the market with a share of 49.2% in 2019 due to its ability to maintain the temperature and water retention of the soil and restrain the growth of weeds.
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Emergen Research has segmented the global Agricultural Films Market on the basis of Type, Application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
High-density Polyethylene (HDPE)
Linear Low-density Polyethylene (LLDPE)
Ethylene-vinyl Acetate (EVA)
Low-density Polyethylene (LDPE)
Reclaim
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Geomembrane film
Silage film
Mulch film
Greenhouse covering
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
U.S.
Canada
Europe
Germany
UK
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
MEA
Saudi Arabia
UAE
Rest of MEA
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Agricultural Films in the near future?
What is the regulatory framework governing the application of Agricultural Films in the food industry?
Which manufacturing processes are utilized for the production of Agricultural Films?
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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