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Unpredictable Climate and Food Security Concerns Expanding Agricultural Films Market

Scientists and researchers in the agricultural field have stressed on the need to improve the cropping environment, which subsequently increases the production season and helps in crop's growth. One of the solutions reached by the researchers is agricultural films, which protect the crop from external factors such as wind, rain, pests, and insects, thus, reducing the damage to a considerable level. The first agricultural film was manufactured in the late 1930's using polyethylene polymer, and now it has a significant role to play in the future of the agricultural industry. The government of various countries is supporting the use and production of agricultural films by providing financial assistance and raising awareness among the farmers.

The constantly growing population has put an immense pressure on the agricultural industry to meet the rapidly growing demand for food. The climate change has affected the industry drastically, pushing the government and the researchers to come together in avoiding its adverse effects by adopting sustainable methods. The Food and Agriculture Organization (FAO) has confirmed that the climate change can pose a number of threats and unpredictability to the agricultural products globally, affected by factors such as shifts in rainfall patterns, irregularity of weather conditions, and global warming, among others.

The agricultural films have been a great help in improving the overall agricultural output, efficiency and meeting the growing food demand. However, the concerns regarding the biodegradability of these films have raised the alarm. This has pushed the production and use of biodegradable and compostable films along with advanced agricultural technologies. These advancements in the agricultural films have rendered the recycling of these films easier, which is economically and environmentally feasible. The agricultural film market has grown steadily owing to the factors such as growing demand for healthy foods, increasing requirement of attaining optimum agriculture productivity, high-quality crop demand and decreasing arable land among others.

The global agricultural films market is expected to $9.2 billion by 2021 at a CAGR of 5.1% from 2017 to 2021. The decreasing number of arable lands along with increasing demand for agricultural products, increasing application in greenhouse agriculture, and the rising awareness for the need of controlled agricultural practices are driving the future growth of the market. Although the governments are supporting the industry financially, the stringent regulations are restraining the growth of the market, along with environmental regulations.

In an agricultural based economy, such as India, climate change is creating severe difficulties for the agricultural industry, costing billions to the economy annually. The impact of climate change is drastic for agri-based economies and the quantum of loss in relation to food productivity is significantly large. Hence, the importance of crop protection is being realized worldwide as the climate is moving in one direction. The higher demand for agricultural films in greenhouse structures is being witnessed from Western Europe, Middle East & Africa, and Asia-Pacific, and this is a key factor in the growth of the market.

The raw materials which are now used for the production of agricultural films include linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), high-density polyethylene (HDPE), ethylene vinyl acetate (EVA), reclaim polyethylene (PE), and others. Among these, LLDPE is witnessing a higher demand as compared to others from various end-use industries such as agriculture, packaging, automotive and household products among others.

BIS Research has conducted an extensive market research on ‘Global Agricultural Films Market, Analysis & Forecast′. The market intelligence report aims at providing an in-depth analysis of the key development strategies, marketing strategies and market trend dynamics which include drivers, restraints, and opportunities prevailing in the industry.

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