Agricultural Films Are Key to Attaining Optimum Productivity

Agricultural Films Are Key to Attaining Optimum Productivity

Agricultural films are used by farmers in various regions across the world to protect the crop from damage due to external factors such as wind, rain, pests, and insects. The introduction of polyethylene polymer in the late 1930s, to produce agricultural films was a revolutionary step, and the agronomists and horticulturists have since been continuously working to improve the cropping environment that can favor a crop's growth and extend the production season. The constant support and financial assistance from the governments to encourage the use of agricultural films reiterates the importance these films will hold in the future cropping system.

Rising Pressure on Agriculture Sector

According to the Food and Agriculture Organization (FAO), the global population is expected to exceed 9 billion by the year 2050, and as a result of this, the increased food demand will pressurize the agricultural production, which will have to increase by over 60% globally. Adding to this estimation, the FAO has underlined challenges posed by climate change such as shifts in rainfall patterns, irregularity of weather conditions, and global warming, among others, which will affect the productivity in an unpredictable manner. The agricultural film is one of the many solutions needed to attain optimum agricultural productivity and maximum food production per hectare of land.

Climate change has affected the productivity of lands across the world, as a result of which several nations have witnessed famine in the recent years. The increasing use of agricultural films has helped the farmers in adapting to the climate change and ensuring sustainable growth in the long run. The use of these films has given rise to the concerns regarding their disposal, which has consequently pushed the agricultural industry to look for environmentally friendly alternatives. Thus, the advancement in technology has led to the production of biodegradable films which are both economically and environmentally feasible.

 

Growth Factors for Agricultural Films Market

There are multiple factors at play which are aiding to the growth of the agricultural films market. Factors such as decreasing arable land, growing demand for healthy food, and increasing requirement for attaining optimum agriculture productivity are key to the growth of this market. The farmers are acquiring knowledge related to the use of these films and putting it to use in the greenhouse application. The government of respective nations is promoting the use of controlled agricultural practices to cope with the increasing food demand and achieve sustainable development. However, environmental and government regulations are acting as restraints for the growth of the market.

According to the latest market research report by BIS Research, titled ‘Global Agricultural Films Market, Analysis and Forecast (2016-2021)', the global agricultural films market is expected to reach $9.2 billion by 2021, growing at a CAGR of 5.1% from 2017 to 2021. This growth rate is primarily driven by the increasing demand for these films in greenhouse structures from regions such as Western Europe, the Middle East and Africa, and Asia-Pacific. According to the report, in terms of volume, the agricultural films market is expected to reach 7,532.1 kilo tons by 2021, registering a CAGR of 8.6% between 2017 and 2021.

Attractive Future Growth Expected from the Market

The raw materials which are being used in the production of agricultural films, viz. linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), high-density polyethylene (HDPE), ethylene vinyl acetate (EVA), reclaim polyethylene (PE), and others {polyethylene (PE), ethylene vinyl alcohol (EVOH), polyvinyl chloride (PVC), and ethylene tetrafluoroethylene (ETFE)}, are experiencing substantial growth. Various end-use industries such as agriculture, packaging, automotive and household products among others, registered a high demand for LLDPE, hence, this segment dominated the market in 2016. However, during the period of 2017 and 2021, EVA is expected to grow at the highest rate in comparison to other types of films.

The agricultural films market consists of diverse market players who are inclining towards market strategies such as business expansion and contracts, partnership, collaboration and joint venture, mergers and acquisition, and product launch and development.

Some of the major established players in the market include:

  • ExxonMobil Chemical Company
  • Bio Bag International
  • Umaras
  • Danaflex Nano
  • Cytec Solvay Group Plastika Kirtis
  • Imaflex Inc.
  • Trioplast Industrier AB
  • Barbier Group
  • Dow Chemical Company
  • BASF SE
  • Berry Global

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Global Agricultural Films Market, Analysis & Forecast (2016-2021) (Focus on Type: LLDPE, LDPE, HDPE, EVA, Reclaim PE and Applications: Greenhouse Films, Mulch Films, Silage Films) - Product Image

Global Agricultural Films Market, Analysis & Forecast (2016-2021) (Focus on Type: LLDPE, LDPE, HDPE, EVA, Reclaim PE and Applications: Greenhouse Films, Mulch Films, Silage Films)

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  • Region: Global
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