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Agricultural Films Market Projected to reach $11,743.7 M PowerPoint PPT Presentation

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 M

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Agricultural films market projected to reach 11 743 7 m



Agricultural Films Market Projected to reach $11,743.7 Million by 2020

Agricultural films market projected to reach 11 743 7 m

  • 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 market for agricultural films is experiencing slow growth in Europe and North America due to maturing of these economies. The European market is saturated due to decreasing arable land and the stringent regulation that forbid the use of plastic films in agriculture. However, the increasing demand for biodegradable films from these regions is expected to drive the market.

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Agricultural films market projected to reach 11 743 7 m

  • 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 regulations restricting the usage of non-biodegradable plastics and the matured Western European markets are the biggest restraints for the agricultural films market. Moreover, the high cost of installation of the films also acts as a restraint of the market. The leading players in the market include BASF SE (Germany), RKW SE (Germany, AEP Industries Inc. (U.S.), and Berry plastics group, Inc. (U.S.) among several others.

  • The report covers the agricultural films market and its trends concerning four regions, namely, North America, Europe, Asia-Pacific, and RoW. The various product types, such as LLDPE, LDPE, HDPE, EVA, Reclaim, and others are covered. The applications of agricultural films such as greenhouse, silage and mulch are included along with their estimated market revenues and consumption trends.

Agricultural films market projected to reach 11 743 7 m

  • 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.

  • In terms of applications, greenhouse accounts for the maximum market share. However, the demand for agricultural films in silage application is also increasing at a higher rate in many regions. The demand for silage films is expected to grow rapidly in Asia-Pacific. This is due to the properties of silage films that make it suitable for agricultural applications. The increased demand for food in the region drives the market for silage and mulch films.

  • he report covers the Asia-Pacific, North America, Europe and RoW market. It also provides a detailed segmentation of the market on the basis of type and by applications, along with projections till 2020.

Agricultural films market projected to reach 11 743 7 m

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Agricultural films market projected to reach 11 743 7 m

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