SAN FRANCISCO, September 16, 2015 /PRNewswire/ --
The global agricultural films market is expected to reach USD 10.53 billion by 2020, according to a new report by Grand View Research, Inc. Need to increase productivity to fulfill burgeoning high quality food crops demand of growing population is expected to augment agricultural film industry growth over the forecast period. Stringent government regulations associated with disposal of synthetic polymer films is expected to hinder the market growth over next few years. Biodegradable film manufacturers are expected to have significant opportunities in the next five years.
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Browse full research report with TOC on "Agricultural Films Market Analysis By Raw Material (LDPE, LLDPE, HDPE, EVA, Reclaims), By Application (Green House, Mulching, Silage), And Segment Forecasts To 2020" at: http://www.grandviewresearch.com/industry-analysis/agricultural-films-market
Linear low-density polyethylene (LLDPE) was the dominant raw material segment and accounted for over 55% of the global market volume in 2013. LLDPE is widely used owing to its flexibility and moisture-blocking properties. The raw material segment is expected to grow at fastest CAGR of 6.2% from 2014 to 2020. Commercialization of biodegradable polymers is estimated to provide lucrative opportunities for industry participants over the forecast period.
Further key findings from the report suggest:
Grand View Research has segmented the agricultural films market on the basis of raw material, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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