Agricultural Films Market Key Players:
Agricultural Films Market report include: The Dow Chemical Company, ExxonMobil Corporation, BASF SE, British Polythene Plc., Grupo Armando Alvarez, Berry Plastics Group Inc., Henan Yinfeng Plastic Co. Ltd, Britton Group and Trioplast Industries AB.
Agricultural Films Market Overview:
Agricultural Films Market size was valued at around USD 9 Billion in 2018 and is expected to cross USD 13 Billion at CAGR of 7% by 2023.
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Agricultural Films Market Segmental Analysis:
Agricultural Films Market globally has been segmented since polymer type, application, and region. Based on polymer type, the market has been segmented into HDPE, LDPE, EBA, LLDPE, EVA, reclaims, and others. Because of application, the market globally has been segmented into greenhouse films, mulch films, geo-membrane films, silage and stretch films. By regions, the market comprises of North America, Europe, Latin America, Asia Pacific, Middle East and Africa.
Agricultural Films Market Research Analysis:
The market is highly application based. The key driver for market growth is increased emphasis on global agricultural output due to the rising food demand of the increasing population. This is backed by the need to facilitate the area of controlled agriculture by providing materials that drives farming. It is expected that the global agricultural films market will advance with higher growth rate as compared to previous years. However, the current challenge for the market is the harmful effect of these plastic films on the ecology.
Based on region, APAC takes the lead as the largest and fastest growing market, followed by North America and Europe. It accounts for over 75% of the global consumption. APAC, due to its rising population and increasing disposable income, demand high volume of food crops and other cultivated produce. Furthermore, the government initiatives taken for agricultural reforms augment the demand for the plastic films from the region. The region has also seen a lot of investment in R&D to protect the health of the crop and soil, which further fuels the growth of the market.
Agricultural Films Market Competitive Analysis:
The circumstances for the growth plans are invigorating the market for budding new entrants. The upgrading in the products and services is the prime factor growing the market’s production and controlling the trends that are acquiring importance in the market. The changes observed in terms of strategy creation and executions are shifting the growth speed of the market. The gaps in the market are filled due to the execution of proper supply chain strategies. Additionally, the expansion of new products and services will add further momentum to the market development. The critical success factors and players’ predilections are steadily escalating by the strategies being used by market competitor.
Agricultural Films Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Agricultural Films Market
Agricultural Films Market Table of Content to be Continue…….,
Agricultural Films Industry Updates:
Aug 2018 The Scottish Environment Protection Agency is ending its exemptions for burning plastics from farms to decrease the environmental impact of farm waste after engaging with NFU Scotland and Zero Waste Scotland. To support the farmers who need options for their Agri-film, SEPA has linked them with recyclers of Agri-film in Scotland to ensure their plastic waste is sorted sustainably.
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