Agricultural films are treated as a modern day application used in many innovative agricultural practices. Agricultural films are used extensively for soil protection, green house farming and mulching. The benefits derived from the films are- reduced soil erosion and compaction, temperature control, nutrient conservation, seed germination, weed control and protection against UV Rays etc.
Focus on improvement of agricultural productivity in order to sustain the food demand of a growing global population is the main reason behind commercialization of these specialty products. Shrinking farm lands and popularity of greenhouse agriculture help the market to retain high market growth. Product innovation that includes Ultra Violet (UV) blocking, NIR blocking, florescent and ultra-thermic films would help the market to penetrate further in the forecast period.
Depending on the need and topography, various types of films are applied in agriculture namely- Low Density Polyethylene, Linear Low Density Polyethylene, High Density Polyethylene, Ethyl Vinyl Acetate (EVA)/Ethylene Butyl Acrylate (EBA), Reclaims etc. Linear low density polyethylene has the highest market penetration with the fastest growth rate. Low density films are the second largest with more than one-fifth of the market share. By application, the market is segmented into green house, silage and mulch; out of these, mulching is the leading application segment accounting for 40% of the regional market share.
North America experiences growth in agricultural films demand as the region adopted to advance farming techniques. The regional demand for the same is led by United States given its evolved and large agricultural sector. Shifting focus of consumers towards biodegradable films act as major catalyst for mature markets like North America. Canada and Mexico are the other two major markets given the growing agricultural industry.
North America market for agricultural films is highly fragmented. Major companies operating in the regional market with considerable market share are- AEP Industries Inc., Berry Plastics, ExxonMobil Chemical, Dow Chemical etc. Investment on R&D for product innovation is the major strategy followed by market players religiously.
1.1 Research Methodology
1.2 Definition of the Market
1.3 Report Description
2. KEY FINDINGS OF THE STUDY
3. MARKET OVERVIEW
3.1.1 Focus on agricultural productivity
3.1.2 Growing food demand and shrinking farm land
3.1.3 Popularity of greenhouse agriculture
3.2.1 Environmental safety concerns over disposables
3.2.2 Government regulations
3.3.1 Development of Biodegradable PE films and other innovations
3.3.2 Biobased agricultural films
3.4 Porter's Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
4. MARKET SEGMENTATION
4.1 By Type
4.1.1 Low Density Polyethylene
4.1.2 Linear Low Density Polyethylene
4.1.3 High Density Polyethylene
4.1.4 Ethyl Vinyl Acetate (EVA)/Ethylene Butyl Acrylate (EBA)
4.1.6 Other films
4.2 By Application
4.3 By Geography
4.3.1 North America
5. Competitive Landscape
5.1 Mergers & Acquisitions
5.2 Joint Ventures
5.3 New Product Launches
5.4 Most active companies in the past five years
5.5 Market Share Analysis
6. Company Profiles
6.1 Ab Rani Plast Oy
6.3 Berry Plastics Corporation
6.4 British Polythene Industries PLC
6.5 Britton Group
6.6 The Dow Chemical Company
6.7 Plastika Kritis S.A.
6.8 Novamont S.p.A.
6.9 Hyplast NV
6.10 Trioplast AB
6.11 ExxonMobil Chemical
6.12 Armando Alvarez Group
6.13 AEP Industries Inc.
6.14 Group Barbier
6.15 RKW SE
6.16 Al-Pack Enterprises Ltd.
6.17 INDVECO Group
6.18 Achilles Corporation
6.19 A. Schulman, Inc.
6.20 POLIFILM GmbH