Global Agricultural Films And Bonding Market By Product Type (Films, Twine, and Netting), By Application (Greenhouse, Mulching, and Silage), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Agricultural Films And Bonding Market Overview:

Global Agricultural Films and Bonding Market was worth USD 8,502 million in 2021. It is expected to grow at a 4.9% CAGR.

Market growth is expected to be driven by rising demand for food and the need for optimal agricultural productivity. The growth will likely be positively affected by factors such as the decline in arable land and the demand for high-quality crop varieties.

Global Agricultural Films and Bonding Market Scope:

Product Type Analysis

The film was the largest product segment, accounting for more than 78.1% of the total market in 2021. The growing demand for high-quality crops will drive this segment to the forefront of growth in the future.
In 2021, twine was responsible for more than 11.1% of the global market. Baling twines can be used to stack and bind products. They can also be used to pack vegetables and fruits that are suitable for transportation in containers.

Application Analysis

Mulching films are most popular in China and the Rest of Asia because of large areas of arable soil and high agricultural activity.

To mitigate the harsh climate conditions in Europe and the Middle East, greenhouse coverings are used extensively in horticulture projects.

The top application segment, Shading, accounted for more than 40% of the net market in 2021. In sunny regions, especially in Europe like Italy, shading nets can be used to extend or delay harvesting.

Кеу Маrkеt Ѕеgmеntѕ

By Product Type

• Films
• Twine
• Netting

By Application

• Greenhouse
• Mulching
• Silage

Market Dynamics:

Agricultural films have many advantages over traditional polymer films. They can provide nutrients externally, support seed germination, and reduce soil compaction and erosion. They also increase soil temperature and suppress weed growth. These films are more suitable for agriculture because of their durability, transparency, and anti-fog properties, as well as their thermal effects and degradation properties.

The market will be driven by a variety of innovations, including ultra-thermic and UV screens, NIR blocking screens, and fluorescent screens. Silage screens are used on pastures to store animal fodder. They retain moisture and allow for easy handling and transport. The environmental impact and disposal of silage screens are likely to hinder the growth over the next few years.

Twine is used extensively in vegetable packing, fruit packaging, and bales. It is strong and durable and can also be used to make ropes. It is used to protect hail, overhead crops, insect netting, and citrus netting. Netting protects crops against weather hazards and reduces the effects of light.

Mulching was 45.4% of 2021’s total market share for agricultural films. Different climatic conditions, crop types, and the demand for crops will affect how much film is consumed. Due to the growing demand for ornamental crops, greenhouse films are primarily used in Asia and the Middle East. Because of the high pasture areas, silage films are most commonly consumed in South America or Europe.

The Asia Pacific led global demand. It is expected that the CAGR for the forecast period will be 5.4%. The Asia Pacific is the world’s largest consumer of agricultural film and bonding. This is due to its large food exports to other nations. Market growth has been aided by the increase in the production of Polyethylene (PE), the main raw material used to make films.

In North America, Europe, and Asia, regulations regarding plastic recycling are being enforced. This has hampered the growth of the market for agricultural films. Over the next few years, market participants will be able to reap lucrative opportunities through the introduction of the biodegradable or bio-based polymer film.

Regional Analysis

The Asia Pacific dominated the global market, accounting for 64.3% of global demand in 2021. Mulch is used by more than 80% of farmers in the region. The government’s support for R&D in protected agriculture practices should have a positive effect on growth.

Europe will experience stagnant growth in the next eight years due to strict environmental regulations for film disposal and production. Regional growth will be fuelled by a shift in consumer focus to biodegradable products.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Due to the presence of several small-scale regional and local players, especially in India and China, the global market is fragmented. ExxonMobil Corporation (BPI), Trioplast Industrier AB, and Armando Alvarez SA are the key companies. To increase market share, these players adopt strategies like M&A, new product developments, and collaborations avec biotech firms.

Маrkеt Кеу Рlауеrѕ:

• ExxonMobil Corporation (BPI)
• Trioplast Industrier AB
• Armando Alvarez SA
• Ваrbіеr Group
• Novamont
• ВАЅF SE
• Кurаrау
• Ab Rani Plast Oy
• Other Key Players

For the Agricultural Films And Bonding Market research study, the following years have been considered to estimate the market size: