Agricultural Films Market

Agricultural Films Market worth $10.6 billion by 2022

MarketsandMarkets: The Agricultural Films Market size is estimated to be USD 7.9 billion in 2017 and is projected to reach USD 10.6 billion by 2022, at a CAGR of 5.9% between 2017 and 2022. Rising need for optimum yield from crops and the growing horticulture activities are expected to drive the demand for agricultural films over the forecast period.

Browse 98 market data Tables and 47 Figures spread through 165 Pages and in-depth TOC on "Agricultural Films Market by Type (LLDPE, LDPE, Reclaim, EVA, and HDPE), Application (Greenhouse Film (Classic Greenhouse, Macro Tunnel), Silage Film (Silage Stretch Wrap), and Mulch Film (Transparent or Clear Mulch)) - Global Forecast to 2022 "

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Linear low-density polyethylene (LLDPE) is projected to be the largest type of polymer used between 2017 and 2022.

Based on type, the global agricultural films market has been segmented into high-density polyethylene (HDPE),  ethylene-vinyl acetate (EVA), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), reclaim, and others. The LLDPE segment is projected to remain the largest segment between 2017 and 2022, due to the excellent properties such as mechanical strength, moisture barrier, optical properties, and resistance to sunlight.

Mulch films projected to be the fastest-growing application in the agricultural films market.

Mulch films are projected to be the fastest-growing application of the agricultural films market during the forecast period. Its properties, such as high tear-resistance and durability, are likely to drive the growth of the segment, making them suitable for use in the agriculture sector. Asia Pacific is projected to be a key market for mulch films during the forecast period, due to high demand for superior quality barrier films in the region.

Asia Pacific is projected to be the largest market for agricultural films during the forecast period.

The Asia Pacific agricultural films market is projected to register the highest growth between 2017 and 2022. Growing population and increased demand for controlled agriculture are driving the market in the Asia Pacific. Also, significant development of the agricultural sector and the growing demand for food in countries such as China and India due to population growth, are anticipated to contribute to the agricultural films market growth.

Key players in the global agricultural films market include Dow Chemical (US), BASF (Germany), Berry Global (US), The RKW Group (Germany), Trioplast Industrier AB (Sweden), Ab Rani Plast Oy (Finland), RPC Group (UK), Grupo Armando Alvarez (Spain), Kuraray (Japan), and Coveris (US).

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