The agricultural films market size is estimated to be USD 11.5 billion in 2021 and is projected to reach USD 15.7 billion by 2026, at a CAGR of 6.5% between 2021 and 2026

Factors such as global focus on increasing agricultural output and increasing demand from the dairy industry will drive the agricultural films market. The major restraint for the market will be high cost of installation and adverse effect of plastics on the environment.

New York, June 07, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Agricultural Films Market by Type, and Region - Global Forecast to 2026" - https://www.reportlinker.com/p05135705/?utm_source=GNW
However, increased used of biodegradable films in developed regions will act as an opportunity for the market.

LLDPE is the largest material type for agricultural films market in 2020
LLDPE is the most widely used type among PE films.These films can be blown or cast similar to LDPE.

LLDPE films and sheets offer properties such as higher puncture resistance, high tensile strength, moisture barrier, resistance to sunlight & cracking, and suitable low-temperature properties.LLDPE films are replacing conventional LDPE in many areas due to their low production cost and high product performance.

These films also have different applications in the packaging industry.Consequently, LLDPE films are replacing HDPE, as HDPE films are stiffer than LLDPE films, making the latter more suitable.

The dominance of LLDPE is attributed to the increased demand because of their advanced properties such as high puncture resistance and tensile strength, along with their low cost as compared to the other types. In addition, the rising demand for LLDPE films from the flexible packaging industry is driving the market.

Greenhouse films is estimated to be the largest application of agricultural films market between 2021 and 2026.
The greenhouse is a temporarily, semi-permanently, or even permanently closed structure depending upon the technology used in it.In North America, greenhouses are closed, which are taxable with fully automated ventilation.

These can also be non-permanent structures, which can be rolled outback.Greenhouses are also called hoop houses, which are non-taxable.

The thickness of agriculture films ranges from 80 ?m to 220 ?m, and it is up to 20 meters wide.The shelf life of greenhouses varies from 6 to 45 months based on the photo stabilizer used.

Classic greenhouse film, macro tunnels/ walking tunnels, and low tunnels are the sub-segments of greenhouses. Classic greenhouses films are automated and hence expensive. The structure of these greenhouses is curved, and it is covered with PE film or glass. It has temperature sensors that are automatically controlled. The uniqueness of structure and the controlled atmosphere enable agriculture production to meet all the standards required for exports.

APAC is expected to be the largest agricultural films market during the forecast period, in terms of value and volume.

Asia-Pacific has dominated the global agricultural films market.This dominance is attributed to the massive agricultural growth and increased demand for food in key countries such as China and India.

Increasing population and rising per capita intake of food exert pressure on the agricultural output.The area under cultivation cannot be increased due to a decrease in arable land.

Thus, the practice of controlled agriculture is essential to cater to the demand of the region’s rising population.The demand for agricultural films is growing, especially in Asia-Pacific and the Middle East & Africa.

Thus, the markets in these regions are expected to register higher growth in comparison to other regions.
The growth in APAC is mainly attributed to the region’s rising population.In addition, demand is shifting to the Asia-Pacific region due to economic contraction and saturation in the European and North American markets.

Agricultural films manufacturers are targeting this region, as it is currently the strongest regional market.China is the leading producer and consumer of agricultural films in the region.

India is an agriculture-based economy.Increased cultivation is meeting the rising food demand of the population.

Due to the depleting arable land, the need for controlled agriculture has increased. Thus, the demand for agricultural films has grown. In Japan, crops cultivated in greenhouses fulfill the demand for vegetables and flowers.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
• By Company Type: Tier 1 - 45%, Tier 2 - 30%, and Tier 3 - 25%
• By Designation: C-Level - 46%, Director Level - 25%, and Others - 29%
• By Region: North America - 27%, Europe - 27%, APAC - 33%, South America - 7%, and Middle East & Africa - 6%,

The key market players profiled in the report include Berry Global Inc. (US), Kuraray Co. Ltd. (Japan), Coveris (Austria), The RKW Group (Germany), BASF SE (Germany), AB Rani Plast OY (Finland), the Dow Chemical Company (US), Grupo Armando Alvarez (Spain), and Plastika Kritis S.A. (Greece).

Research Coverage
This report segments the market for agricultural films on the basis of type, application, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for agricultural films.

Reasons to buy this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the agricultural films market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on agricultural films offered by top players in the global agricultural films market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the agricultural films market
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for agricultural films across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global agricultural films market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the agricultural films market
• Impact of COVID-19 on agricultural films Market
Read the full report: https://www.reportlinker.com/p05135705/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001