Agricultural Films Market Size Worth over $12.5bn by 2022: Global Market Insights, Inc.

Agricultural Films Market size is expected to reach USD 12.6 billion by 2022; according to a new research report by Global Market Insights, Inc.

Strong outlook for improvement in farming techniques to increase crop yield along with decreasing arable land should drive global agricultural films market size. Key product properties include durability, transparency, anti-fog, diffusion, thermal effects and degradation. Industry innovation include products such as UV blocking, florescent, NIR blocking, and ultra-thermic.

China agricultural film market size may generate over USD 7 billion in sales by 2022. Positive government initiatives such as R&D of protected farming practices should favour product demand.

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Polymers used to manufacture these products include LDPE, LLDPE, HDPE, EVA, PVC and EVOH. Tight raw material supply situation due to political unrest in the Middle East may pressurize agricultural films market price trend.

LLDPE agricultural films market may witness over 6.5% growth. Key performance metrics include flexibility and moisture blocking properties with cost effectiveness. Increasing farming activities in India, Indonesia, Malaysia and Thailand coupled with technological advancements in agri-businesses should drive product demand.

Mulching applications should grow significantly at over 6.2% and surpass 3.5 million tons by 2022. Mulching helps maintain soil temperature, soil water retention and inhibits weed growth. In addition, it helps to grow crop faster with higher yield.

Europe agricultural films market may witness stagnant growth owing to declining arable land. Strong outlook for plastic usage in agriculture due to stringent European standards should drive reclaims product demand.

Regulations regarding use and recycling of plastic are being followed in Europe, U.S and Asia. Introduction of biodegradable and biobased...