Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Agricultural Films Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 9.4% during the review period (2022 to 2027).
Agricultural Films Market Overview
Agricultural films are used to enhance crop quality, ensure optimal utilization of the harvest and protect the soil from adverse weather conditions and the proliferation of weeds. These films also aid in controlling humidity levels in crop fields, thereby maintaining internal temperature and preventing evapotranspiration. Various types of agricultural films are currently available, depending on the application. In recent years, the development of advanced agricultural films, such as ultraviolet (UV)-blocking, near-infrared (NIR)-blocking, fluorescent and ultra-thermic films, is driving their demand worldwide.
With the continual growth in the global population, a decline in the availability of adequate arable land, and an increase in the consumption of agro-based products, there is a significant rise in the need for land with optimum agricultural productivity.
Who are the Major Players in Agricultural Films Market?
The global Agricultural Films Market includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include BASF, British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier Group, Plastika Kritis, Rani Plast, Agriplast, JIANYUANCHUN, Big East New Materials, Huadun, Tianjin Plastic, Qing Tian Plastic Industrial, Shandong Tianhe Plastic, Xinguang Plastic, Zibo Zhongyi Plastic, Chenguang Plastic, Zibo Plastics Eight.
Industry News and Development:
30th April 2019, BASF’s light stabilizer for greenhouse films helps Vietnam farmers increase crop yields, reduce waste
BASF and Tân Hùng Cơ Masterbatch Manufacture Co. are working to help farmers increase their yields and save resources with more durable greenhouse films. Tân Hùng Cơ, a leading manufacturer of additive masterbatches for plastic films in Vietnam, is now using BASF’s plastic additive Tinuvin® NOR™ 371 to increase durability and lifespan of plastic greenhouse films made from low density polyethylene. With Tinuvin NOR 371, greenhouse films can withstand weathering for at least three to four years.
In November 2020, BASF SE expanded its plastic additives business in Pontecchio,Italy. It will deliver a wider range of NOR solutions which will help in growing its agriculture industry.
What are the major Applications, Types and Regions for Agricultural Films Market?
Agricultural Films Market is segmented based on the Type, Applications and Regions.
By Type, it is segmented into
- High Grade
- Middle Grade
- Low Grade
By Applications, it is segmented into
- Shed Plastic Film
- Mulch Plastic Film
Agricultural Films Market Regional Analysis
Asia-Pacific has dominated the global agricultural films market. This dominance is attributed to the massive agricultural growth and increased demand for food in key countries such as China and India. Increasing population and rising per capita intake of food exert pressure on the agricultural output. The area under cultivation cannot be increased due to a decrease in arable land. Thus, the practice of controlled agriculture is essential to cater to the demand of the region’s rising population.
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Agricultural Films Market report scope?
Scope of the Report covers Agricultural Films Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Agricultural Films Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Key Takeaways from this Agricultural Films Report
- Evaluate Agricultural Films market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Agricultural Films market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.