Top 10 Agricultural Films Market Company Profiles and Development Trends 2027
Rising demand for food due to growing world population and advancements in agricultural technology is driving market demand.
— Emerging research
VANCOUVER, BC, CANADA, June 15, 2022 /EINPresswire.com/ — The Global Agricultural films market is expected to be worth $14.96 billion in 2027, according to a new report from Emergen Research. The growth of this market can be attributed to the growing need for optimum agricultural productivity. The growing demand for high quality crops coupled with increasing consumer disposable income is expected to drive the growth of the industry over the forecast period.
The ability of agricultural films to improve crop quality by reducing soil erosion and preventing weed growth will surely boost sales of the product. There is an increasing use of Nano greenhouses across the world to increase agricultural production and protect the crop from adverse climatic conditions, which helps in the growth of the industry.
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Key Companies Featured in the Report:
BASF SE, The RKW Group, Berry Global Inc., AB Rani Plast Oy, Kuraray Co. Ltd., RPC Group PLC, Trioplast Industrier AB, Coveris, Novamont SPA and Britton Group Limited, among others.
The increasing adoption of biodegradable polymer films owing to growing environmental concerns is expected to fuel the growth of the industry. Strict government regulations on the use of plastic and polyethylene present lucrative opportunities for the growth of biodegradable polymer film businesses. Technological advancements in the agricultural industry, such as the introduction of ultra-thermal films and ultraviolet (UV) protection films, are expected to have a positive effect on the future growth of the industry.
Some highlights of the report
In January 2017, AEP Industries Inc., a leading North American manufacturer of flexible plastic packaging films, was acquired by Berry Global Inc., a leading manufacturer of agricultural films, in order to remain competitive in the booming industry. growth and expand its product portfolio. in the agricultural sector.
Linear Low Density Polyethylene (LLDPE) held the largest market share of 35.4% in 2019. Rising population in developing economies coupled with growing demand for food products has led to high demand for the linear low density polyethylene in the world. APAC region.
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The mulch film segment led the market with a share of 49.2% in 2019 due to its ability to maintain soil temperature and water retention and limit weed growth.
Asia-Pacific accounted for the largest market share of the agricultural films market in 2019 owing to growing government initiatives in R&D for the development of more advanced and protected agricultural practices. Strict government regulations on the use of polyethylene and plastic are driving the increasing adoption of biodegradable polymer films in the region.
Emergen Research has segmented the global agricultural films market based on 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)
Application Outlook (Revenue, USD Billion; 2017-2027)
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Regional Outlook (Revenue, USD Billion; 2017-2027)
The rest of Europe
Rest of APAC
Rest of LATAM
United Arab Emirates
Rest of MEA
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Overview of the Agricultural Films Market Report:
Introduction, Product Scope, Market Overview and Opportunities
Manufacturers Analysis with Sales, Revenue and Price Analysis
Complete analysis of the competitive landscape
Detailed profiling of key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
In-depth analysis of Agricultural Films industry risks, restraints and limitations
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