The global agricultural films & bonding market is expected to reach USD 14.19 billion by 2024,
according to a new report by Grand View Research, Inc. Rising need for optimum
productivity to sustain the food demand is the key factor behind the
commercialization of specialty products. Increasing investment in R&D and
advancements in agricultural practices backed by technological support is
anticipated to drive the industry growth.
Films are extensively used for greenhouse
farming, soil protection, and mulching. Various benefits associated with these
films include reduced soil erosion & compaction, temperature control, seed
germination, weed control, nutrient conservation, and protection against UV
Rays.
The film segment accounted for over 75% of
the global volume in 2015. Growth in this sector may be attributed to growing
high-quality crops demand coupled with the increasing requirement for ideal
agricultural productivity.
Full Research
Report On agricultural films & bonding
market Analysis:
http://www.grandviewresearch.com/industry-analysis/agricultural-films-bonding-market
http://www.grandviewresearch.com/industry-analysis/agricultural-films-bonding-market
Further key findings from the report suggest:
·
The global market demand was
6.80 million tons in 2015 and is expected to reach 10.68 million tons by 2024,
growing at a CAGR of 5.2% from 2016 to 2024
·
HDPE demand in netting was
105.7 kilo tons in 2015. The high raw material demand may be attributed to
various beneficial characteristics such as convertibility, complete
recyclability, waterproof, and durability.
·
Bailing was the largest
application segment and accounted for 53.8% of the twine market in 2015. Baling
twine is used in farming to bind straw or hay bales together.
·
Europe agricultural films and
bonding market is anticipated to grow at a CAGR of 5.0% from 2016 to 2024 owing
to shrinking pastures and farm land. However, the region is expected to adopt
advance farming techniques and biodegradable products. Spain and Italy are the
leading consumers of films owing to greenhouse industry growth.
·
Asia Pacific accounted for over
70% of the total market volume in 2015 and is projected to witness the fastest
growth on account of growing need to elevate agricultural productivity to
sustain the food demand
·
Key companies operating in the
industry include Novamont, BP Industries (BPI), Ab Rani PlastOy. Trioplast
Industrier AB, Armando Alvarez SA, ExxonMobil Corporation, Barbier Groupe,
Britton Group, BASF, and Kuraray. The global market is highly fragmented owing
to the presence of various small-scale and regional players, especially in Asia
Pacific.
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the
agricultural films & bonding market on the basis of product, raw material,
application, and region:
Global Agricultural Films & Bonding Product Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·
Agricultural Films
·
Twine
·
Netting
·
Others
Global Agricultural Films & Bonding Raw Material
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·
Agricultural Films
o LDPE
o Others
·
Twine
o Sisal
o Polypropylene
o LDPE
o Others
·
Netting
o HDPE
o LDPE
o Polypropylene
o Others
Global Agricultural Films & Bonding Application
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·
Agricultural Films
o Greenhouse
o Mulching
o Silage
o Stretch wrap
o Bags
o Sheets
o Twine
o Vegetable Packing
o Fruit Packing
o Bale
o Others
o Netting
o Shade
o Anti-hail
o Anti-insect
o Others
Global Agricultural Films & Bonding Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
·
North America
o U.S.
o California
o Kansas
o Nebraska
o Iowa
o Wisconsin
o Texas
o Canada
o Mexico
·
Europe
o Germany
o UK
o France
o Italy
o Spain
·
Asia Pacific
·
Central & South America
o Brazil
·
Middle East & Africa
Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-agricultural-films-bonding-market
https://www.grandviewresearch.com/press-release/global-agricultural-films-bonding-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
