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Agricultural Films Market report categorizes the global market by Applications (Mulch, Silage and Greenhouse), Type (HDPE, EVA, LLDPE, Reclaim, LDPE), & Geography (Europe, Asia-Pacific, North America and RoW).
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Agricultural Films Market Projected to reach $11,743.7 Million by 2020
The report "Agricultural Films Market by Type, Applications and Geography - Global Trends & Forecast to 2020", defines and segments the agricultural films market with an analysis and forecast of the agricultural films market size by value. The agricultural films market size by value is projected to reach $11,743.7 million by 2020, with a CAGR of 6.5% between 2015 and 2020.
The agricultural films market is mainly driven by the rising demand for high-quality crops. The rising population exerts pressure on the agricultural productivity. In order to improve the productivity agricultural films are used. As the agricultural films help in improving the crop quality and increasing agricultural productivity by minimizing soil erosion, providing nutrients, and suppressing the growth of weeds, therefore they are used for increasing the output in most of the regions.
The agricultural films market is projected to reach $11,743.7 million by 2020. The agricultural films market is mainly driven by the growing demand for increasing the agricultural productivity. The increased demand for food from the emerging nations fosters the growth of agricultural films market. The increased usage of plastic films for agriculture drives the market in Asia-Pacific, particularly in China and India. Asia-Pacific holds a significant market share of the agricultural films market. China leads the Asian market in terms of demand for agricultural films. Asia-Pacific is thus expected to maintain its dominance in the global market owing to the steady growth in China and India.
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