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Showing posts with the label Agricultural Films and Bonding Industry

Agricultural Films and Bonding Market Outlook and Global Foresight to 2024

Rising need for optimum productivity to sustain the food demand is the key factor behind the commercialization of specialty products. Increasing investment in R&D and advancements in agricultural practices backed by technological support is anticipated to drive the industry growth. The Global Agricultural Films & Bonding Market is expected to reach USD 14.19 billion by 2024, according to a new report by Grand View Research, Inc. Films are extensively used for greenhouse farming, soil protection, and mulching. Various benefits associated with these films include reduced soil erosion & compaction, temperature control, seed germination, weed control, nutrient conservation, and protection against UV Rays. The film segment accounted for over 75% of the global volume in 2015. Growth in this sector may be attributed to growing high-quality crops demand coupled with the increasing requirement for ideal agricultural productivity. HDPE demand in netting was 105.7 kilo tons i