Emergen Research’s latest document,titled ‘Global Agricultural Films Market - Forecast to 2027,’ is one ofthe most sought-after market reports involving an in-depth analysis of theglobal Agricultural Films market. The report’s authors have offered necessarydetails on the latest Agricultural Films market trends and the crucialparameters impacting both short-term and long-term market growth. Its panoramicview of the Agricultural Films industry entails useful insights into theestimated Agricultural Films market size, revenue share, and sales &distribution networks.
The global AgriculturalFilms Market is forecasted to be worth USD 14.96 Billionin 2027, according to a new report by Emergen Research. The growth of thismarket can be attributed to the increasing need for optimum agriculturalproductivity. The growing requirement for high-quality crops coupled with therising disposable income of the consumers is forecasted to drive the growth ofthe industry over the forecast period.
The risingadoption of biodegradable polymer films due to the growing environmentalconcerns is expected to fuel the industry’s growth. Strict regulations of thegovernment over the usage of plastic and polythene present lucrativeopportunities for the growth of the biodegradable polymer film companies.Technological advancements in the agricultural industry, such as the introductionof ultra-thermic films and ultraviolet (UV) protection films, are expected topositively affect the future growth of the industry.
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COVID-19 Impact Analysis:
Our experienced marketresearch team has provided updated information on the ongoing COVID-19 pandemicand its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drasticchanges in the current Agricultural Films business landscape, limiting thegrowth opportunities for various manufacturers and buyers for the next fewyears. Besides making speculations about the market’s post-COVID-19 scenario,the report discusses its existing situation. The report eventually offersconclusive data related to the Agricultural Films market growth assessed onboth regional and global levels.
Key Highlights From TheReport
· In Jan 2017, AEP Industries Inc., a North American keymanufacturer of flexible plastic packaging films, was acquired by Berry GlobalInc., a key manufacturer of agricultural films, in order to remain competitivein the growing industry and to expand its product portfolio in the agriculturalsector.
· Linear Low-density Polyethylene (LLDPE) held the largest marketshare of 35.4% in 2019. The increasing population of the developing economies,coupled with the growing demand for food, has resulted in the high demand forthe Linear Low-density Polyethylene in the APAC region.
· The mulch film segment dominated the market with a share of49.2% in 2019 due to its ability to maintain the temperature and waterretention of the soil and restrain the growth of weeds.
LeadingPlayers Profiled in the Report:
· BASF SE
· The RKW Group
· Berry Global Inc.
· AB Rani Plast Oy
· Kuraray Co. Ltd.
· RPC Group PLC
· Trioplast Industrier AB
Key insights presented in the report:
• Market revenue shares by major businessplayers, by type, by application, and market scope of global Agricultural Filmsmarket
• Sales revenue by key players and newentrants
• Competitive analysis of key players,including aspects such as company overview, product or services specification,vendors, and buyers
• Recent mergers, acquisitions, productlaunches, recent investments, and joint ventures
• Regional analysis to provide insight intorecent trends and opportunities
Browse Detailed Research Report, visit @https://www.emergenresearch.com/industry-report/agricultural-films-market
Key geographical areas:
· NorthAmerica
· Europe
· AsiaPacific
· LatinAmerica
· MiddleEast & Africa
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