The wide use of agricultural films for greenhouses is a key growth driver of agricultural films market, says Transparency Market Research (TMR) in one of its research reports. In terms of numbers, application-wise, greenhouse and mulching jointly accounted for 75% of revenue of overall agricultural films market in 2017. In the coming years, however, revenue share of greenhouse is expected to expand, adds the report.
In agricultural practices, use of mulching, greenhouse, and silage bags enables production to increase from 20 -35%. Such notable rise in crop production due to balance of climate and soil concentration attained by agricultural films accounts for their uptick in demand.
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Population explosion in several parts of the world has necessitated increased agricultural output. Year-on-year use of arable land for agricultural crop has affected nutrient content of soil of the same. To address this, innovative agricultural techniques are increasingly used complementing conventional agricultural techniques for increased yield.
Agricultural films play a role here. Agricultural films used on arable land reduces soil erosion as well as prevents soil erosion. On the other hand, agricultural films used on produce and fodder prevents spoilage by preventing microbial action. Besides this, agricultural films for soil helps raise temperature of the soil, thereby aiding plant growth.
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Collectively, these benefits of agricultural films aid increased food production with minimal escalation of expenditure. This fuels growth of agricultural films market.
By product, agricultural films are of few types. Of them, linear low-density polyethylene (LLDPE) witness maximum demand. LLDPE agricultural films possess higher tensile strength and puncture resistance than other products. In 2017, LLDPE product segment held more than 60% share of the global agricultural films market.
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Complementing Traditional Agriculture with Newer Techniques underscores demand in India
The global agricultural films market comprises five key regions, namely North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among them, Asia Pacific is expected to display stellar growth in the agricultural films market.
In the region, exploding population in India and China is necessitating uptake of modern agricultural practices to increase crop yield. High dependency of agriculture on seasonal rains in several parts of the country necessitates techniques to best utilize seasonal rains. This includes use of agricultural films to prevent runoff of rain water.
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