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Global Agricultural Film Market Is Expected to Reach Usd 9.66 Billion in 2019: Transparency Market Research

  • Date Submitted: 10/24/2013 04:56 AM
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Transparency Market Research is Published new Market Report ÔÇťAgricultural Films (LDPE, LLDPE, HDPE, EVA/EBA, Reclaims and Others) Market for Greenhouse, Mulching and Silage Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," .The global agricultural film market was valued at USD 5.87 billion in 2012 and is expected to reach USD 9.66 billion by 2019, growing at a CAGR of 7.6% from 2013 to 2019. In terms of volume, the global demand was 4,410.3 kilo tons in 2012 and is expected to grow at a CAGR of 5.7% from 2013 to 2019.

Browse the full report with Complete TOC at http://www.transparencymarketresearch.com/agricultural-film.html.

Depleting arable land coupled with increasing food demand has led to increasing preference towards agricultural films as they help in increasing the agricultural productivity. In addition, rising global farming standards backed by technological advancement is further expected to boost the market growth. However, adverse impact of agricultural films due to its raw material and high cost of disposal are expected to inhibit market growth during the forecast period. Biodegradable films are expected to have immense opportunity in the coming future.
Linear Low Density Polyethylene (LLDPE) was the largest consumed product and accounted for over 55% of the total market in 2012 with global consumption expected to reach 1,470.8 kilo tons by 2019. The shift in production capacities of polyethylene inMiddle East and Asia is expected to drive the agricultural film market. China has been the largest producer of agricultural films with large numbers of small manufacturers in this region. The consumption of reclaimed film has been dominant in developed countries owing to stringent environmental regulations regarding use of plastics.

The major applications of agricultural film include greenhouse, mulching and silage among others. Mulching application accounted for over 40% of the overall market in 2012....

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