Top Companies in Agricultural Films Market Growth Opportunities Analysis Report 2031

Agricultural Films Market Outlook 2031

The global agricultural films market was valued at US$ 12.3 Bn in 2021

It is estimated to grow at a CAGR of 7.4% from 2022 to 2031

The global agricultural films market is expected to reach US$ 25.1 Bn by the end of 2031

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 -https://www.transparencymarketresearch.com/agricultural-film.html

Global Agricultural Films Market Introduction

The usage of agricultural plastic films has revolutionized farming and society in general. Plastic films for agricultural applications have also made it possible to convert barren land into productive farmland. Agricultural films are made of LDPE, LLDPE, HDPE, EVA/EBA, reclaims, and others films. The agricultural films market is significantly driven by the steady evolution of farming and the greenhouse industry.

Increase in adoption of greenhouses to enhance yield and recent developments in the agricultural films market are anticipated to boost the demand for agricultural films during the forecast period. Rise in usage of farm films, agricultural plastic mulch, or agricultural mulch films is creating value-grab opportunities for agricultural film manufacturers.

Growth in Global Demand for Food Driving Agricultural Films Market

Healthy, sustainable, and inclusive food systems are critical to achieving the world's development goals. Agricultural development is one of the most powerful tools to feed a projected 9.7 billion people by 2050. Agricultural films are used to increase farm production.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=996

Greenhouse is the most effective way to protect the harvest from wind and rain, as well as internal temperature. This helps prevent appreciable temperature changes in the greenhouse during day and night. Demand for food items such as crops, fruits, and vegetables has been increasing due to the rise in the global population. Hence, countries across the globe are focusing on maximizing agriculture output.

Agricultural films are used to provide a desirable climate, enhance soil nutrients, and maintain the value of nutrients. Usage of mulching, greenhouses, and silage bags increases the agriculture production rate by 20% to 35%.

Countries across the globe are shifting their focus on expansion of the agriculture output. This is anticipated to propel the agricultural films market during the forecast period. Every manufacturing process that produces agricultural film products needs to assess the benefits of bio-degradable plastic films. Thus, bio-degradable plastic caters to the production demands of the agricultural industry.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=996

Adverse Effects of Global Warming and Changing Climate Conditions to Propel Demand for Agricultural Films

Agricultural films are widely used to help maintain particular climatic conditions for crops, fruits, and vegetables. Global warming adversely affects agriculture. This is driving the demand for artificial climate control techniques. Greenhouse films provide the desirable climate for farming, while silage bags help maintain the value of nutrients. Thus, increase in demand for food across the globe is boosting the agricultural films market. Unrestricted rise in greenhouse gas emissions is driving the Earth's temperature.

The consequences include increasingly extreme weather conditions. Rapid pace of climate change combined with global population and income growth threatens food security everywhere. Agriculture is vulnerable to climate change. The higher temperature eventually yields desirable crops while encouraging weed and pest proliferation. Agricultural films are used to protect the harvest in odd conditions. This is further boosting the agricultural films market.

Higher Tensile Strength and Flexibility Augmenting Usage of LLDPE Films in Agriculture Sector

Based on product, the LLDPE segment dominated the global agricultural films market with nearly 61.3% share in 2021. Furthermore, the segment is expected to grow at a CAGR of 7.5% during the forecast period. Linear low-density polyethylene (LLDPE) is a linear polyethylene that is commonly made of copolymerization of ethylene with longer-chain olefins such as propene and butene.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=996

LLDPE has higher tensile strength and higher puncture resistance than LDPE. It is flexible and stretches under stress. It can be employed to make thinner films, with better environmental stress and good resistance to chemicals. LLDPE is a key product employed in the production of agricultural films such as greenhouse, mulch, and silage films. Hence, LLDPE is the largest revenue generator product in the agricultural films market.

Regional Outlook of Global Agricultural Films Market

In terms of volume, Asia Pacific holds major share of the global agricultural films market. Rise in population and presence of countries with agriculture-based economies are key factors driving the demand for agricultural films in the region. Growth in agriculture and horticulture has boosted the demand for agricultural films in Asia Pacific. In terms of value, Asia Pacific held 49.3% share of the global agricultural films market in 2021.

The agricultural films market in the region is anticipated to grow at a CAGR of nearly 7.9% in terms of value during the forecast period. Europe is the fastest growing market for agricultural films. In terms of value, Europe and North America were also prominent regions of the global agricultural films market and held 28.5% and 12.2% share, respectively, in 2021.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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