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Global Agricultural Films and Bonding Market to Grow at a CAGR of 4.6% During the Period 2022-2027, Driven by Increasing Demand for Food

According to a new report by EMR titled, ‘Global Agricultural Films and Bonding Market Report and Forecast 2022-2027’, the global agricultural films and bonding market is expected to grow at a CAGR of 4.6% during the period 2022-2027, driven by innovative agricultural film solutions and rising food demand.

The agriculture industry is tasked with feeding a growing worldwide population while also coping with shortage of resources such as water, agricultural land, and soil. Agriculture is a critical industry for technological advancement, and concepts like smart farming, precision agriculture, and the use of innovative agricultural films to boost output are gaining increasing significance.

Key types of agricultural film include: geomembrane film, silage film, mulch film and film for covering greenhouses. Geomembrane films are used to regulate levels of humidity in crop fields, particularly in dry areas. This film prevents loss of moisture. Silage films are used to package grain, seeds or fodder. Mulch films are designed to protect crops planted using saplings from growth of weeds. The film also protects the soil and crops from hostile weather. Greenhouse covering film protects the crop from wind and rain, and helps regulate internal temperatures when there are considerable changes in day and night temperatures outside the greenhouse.

Agricultural films enable plant-growth with lesser amounts of water, soil, and nourishment. Polyethylene (PE), Linear Low Density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), and Polyethylene Terephthalate (PET) are some of the materials commonly used to make agricultural films. While most agricultural films are opaque, transparent or translucent films may be used for certain applications. The demand for effective additives and colourants for plastics in agricultural applications has also witnessed an increase, given current improvements in food production. Agricultural plastic converters warrant technologies that enhance plastic-durability while improving crop output and quality while fulfilling strict requirements related to use of water, cost of material, and the environment.

Agricultural films and bonding are commonly used in greenhouse farming, mulching, netting, silage and soil protection. Agricultural films provide benefits including temperature control, reduced soil erosion and compaction, weed control, seed germination, nutrient conservation, and UV protection. Joining two or more films together to strengthen structural shape and stability is called bonding. Agricultural films regulate temperature and moisture, protect plants from frost and cold, save energy by lowering heating costs, increase agricultural yield, and improve plant quality. The market is likely to be stimulated by the growing number of big and small greenhouses using agricultural films.

Several manufacturers today are offering novel and innovative solutions, like florescent, UV and NIR blocking and ultra-thermic screens, and biodegradable and bio-based polymer films. For example, BASF’s stabilizers and UV absorbers enable durable agricultural applications even if high UV radiation and agricultural chemicals are present. Further, BASF's ‘ecovio® M’ is designed specifically for film applications in farming and gardening. The solution is certified compostable and contains biobased content. It helps farmers save time and money by eliminating the need to collect the mulch films after harvest.

Dow Inc. developed an innovative silage wrap that helped in maintaining the nutritional value of forage plants such as corn and grasses. The firm is also engaged in research to develop environmentally friendly solutions to enhance the performance and durability of greenhouse films, tunnel films and mulch films. Such innovations are likely to boost the market.

Key Findings of the Report:

  • Increasing world population and decreasing arable land are contributing to growing demand for high quality food in sufficient quantities. This growing demand for food is likely to drive the agricultural films and bonding market.
  • Companies are constantly looking to provide innovative and environmentally friendly agricultural film solutions. Such innovations are likely to stimulate the market.
  • China is the largest market in Asia for agricultural films. However, the use of agricultural films is gradually expanding to other regions as well, such as Europe and North and South America.

Market Analysis by Product, Raw Material, Application, and Region:

  • By product, the market is segmented into Agricultural Film, Agricultural Twine, Agricultural Netting, and Others.
  • By raw material, the market is classified according to Agricultural Film (which is further divided into LDPE and Others), Agricultural Twine (which is further divided into Sisal, Polypropylene, LDPE, and Others), and Agricultural Netting (which is further divided into HDPE, LDPE, Polypropylene, and Others).
  • By application, the market is classified according to Greenhouse, Mulching, Silage, Vegetable Packing, Fruit Packing, Bale, Anti-insects, and Others.
  • By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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