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Agricultural Films Market Overview - Key Futuristic Trends and Opportunities

Growing population is anticipated to exert pressure on agricultural productivity. These films are used to enhance the productivity and improve crop quality by minimizing soil erosion, providing nutrients, and suppressing weed growth. They are primarily made of polyethylene. Growing consumer disposable income coupled with the rising high-quality crops demand is anticipated to drive the market growth over the forecast period.

The Global Agricultural Films Market is expected to reach USD 13.85 billion by 2024, according to a new report by Grand View Research, Inc.


Depleting arable land is expected to impact market growth positively over the next eight years. Protective films are placed over soil, covered over greenhouses and wrapped around fodder. Various benefits offered by agricultural films including reducing the risk of seed germination, decreasing soil compaction, raising soil temperature, providing nutrients, and protecting against UV rays. These advantages are expected to raise product demand in near future.

Agricultural films for green house dominated the global demand and accounted for 42.9% of total revenue in 2015. This trend is anticipated to continue over the forecast period on account of rising demand from emerging economies such as China and India.

Linear low-density polyethylene (LLDPE) was the major raw material segment in 2015 and is expected to reach a market worth USD 7.29 billion by 2024, growing at a CAGR of 8.0% from 2016 to 2024. The high growth may be attributed to the growing demand for these films in Asia Pacific.

To Know More About Agricultural Films Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/agricultural-films-market

Low-density polyethylene (LDPE) is projected to grow at a CAGR of 7.3% from 2016 to 2024. The high growth may be attributed to their use in agriculture areas with harsh climatic conditions and limited water supply.

Top Players of Agricultural Films Market:

Major companies operating in the global agricultural films industry include AB Rani last Oy, AEP Industries, Al-Pack Enterprises, BASF, Berry Plastic Group, Inc., British Polyethylene Industries PLC, Novamont S.PA, RKW and Triplast Industrier AB.

Market Segmentation of Agricultural Films Market:

The Global Agricultural Films Market segmented on the basis of Raw Material, Application and Region.

By Raw Material:

    Low density polyethylene (LDPE)
    Linear low density polyethylene (LLDPE)
    High density polyethylene (HDPE)
    Ethyl vinyl acetate/ ethyl butyl acrylate (EVA/EBA)
    Reclaims

By Application:

    Green house
    Mulching
    Silage

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Agricultural Films Market with Our Experts @ https://www.grandviewresearch.com/inquiry/407

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