Agricultural Films Market Segmentation & Analysis, Industry Growth Forecast 2020–2026

 

As per a report published byFortune Business Insights The globalagricultural films market size is predicted to reachUSD 14,315.4 million by 2026, exhibiting a CAGR of 6.5% during the forecastperiod. The increasing applications of films in tunnels, greenhouses, plastic reservoirs and irrigation systems, mulching, silage and others will spur growth opportunities for the market in the foreseeable future. The constantly rising demand for food has led to a surge for effective additives for plastics in agricultural applications. This, factor will boost the agricultural films market trends. In addition, agricultural film has the capabilities of enhancing the productivity of the crops. Thus, growing demand for agricultural films owing to its capabilities will bolster healthy growth of the market. 

The agriculturalfilms Industry size stood at USD 8,686.0 millionin 2018.The agricultural films market report focuses and elaborates thedefinition, types, applications and major players in detail. Deep analysis about agricultural films market status, competition pattern, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner. 

Report Aim & Scope:  

The report presents the estimated market size by the end of     forecast period. Additionally, the historical and current market size is     also examined in the report. 

  • An overview of the market based on geographical scope,     segmentation and financial performance of key players is presented in the     report. 
  • Based on various indicators, the Year on Year growth (%) and     compound annual growth rate (CAGR) for the given forecast period is     offered. 
  • Market Driver: 

Environmental Concerns toMotivate Chances for Biodegradable Films 

The growing environmental issuesand human health threats has made biodegradable films as an alternativesolution for the agricultural films sector. The rising efforts for the development of biodegradable or edible films from biopolymers with an aim to improve crops performance and farming practices among end-users will have a positive impact on the agricultural films market share. Biodegradable agricultural films are made from natural polymers and are propitious, as it improves crop quality, increases yields, reduces water use for irrigation, enhances control, and pesticides. Moreover, strict government guidelines regarding environment protection will result in the expansion of the market in the forthcoming years. In addition, these films are completely organic, helping the bacterial flora to transform films into water and biomass, carbon dioxide or methane, hence reduction in water pollution. 

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