North America Agricultural Films - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
The North America Agricultural Films Market size is estimated at USD 1.24 billion in 2024, and is expected to reach USD 1.68 billion by 2029, growing at a CAGR of 6.20% during the forecast period (2024-2029).
Agricultural films are the materials that are used extensively for soil protection, greenhouse farming, and mulching. The benefits derived include reduced soil erosion and compaction, temperature control, nutrient conservation, seed germination, weed control and protection against UV rays, etc. The popularity of greenhouse agriculture helps the market to retain high growth. Product innovations, like ultraviolet (UV) blocking, NIR blocking, florescent and ultra-thermic films, etc. are expected to help the market grow further over the forecast period.
North America Agricultural Films Market Trends
Shrinking Farm Lands Necessitating to Increase the Productivity
Agricultural films are treated as a modern day application used in many innovative agricultural practices. Focus on improvement of agricultural productivity in order to sustain the food demand of an expanding global population is the main reason behind the commercialization of these specialty products. Shrinking farm lands and popularity of greenhouse agriculture help the market to retain high growth.
Adoption of Modern Farming Practices and Sustainability
North America is experiencing growth in agricultural films, as the region adopted advanced farming techniques, led by the United States. Shifting focus of consumers toward biodegradable films acts as a major catalyst for this mature market. Product innovation, including ultraviolet (UV) blocking, NIR blocking, fluorescent, and ultra-thermic films, is expected to augment the growth of the market over the forecast period. Canada and Mexico are the other two major markets in the region.
North America Agricultural Films Industry Overview
The popularity of greenhouse agriculture helps the market to retain high growth. Product innovations, like ultraviolet (UV) blocking, NIR blocking, florescent and ultra-thermic films, etc. are expected to help the market grow further over the forecast period. Some of the key players in the North America agri film market are Berry Plastics, ExxonMobil Chemical, Dow Chemical, BASF SE, and Armando Alvarez Group.
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- 1 INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
- 2 RESEARCH METHODOLOGY
- 3 EXECUTIVE SUMMARY
- 4 MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Porters Five Force's Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
- 5 MARKET SEGMENTATION
- 5.1 By Type
- 5.1.1 Low-Density Polyethylene
- 5.1.2 Linear Low-Density Polyethylene
- 5.1.3 High-Density Polyethylene
- 5.1.4 Ethyl Vinyl Acetate (EVA)/Ethylene Butyl Acrylate (EBA)
- 5.1.5 Reclaims
- 5.1.6 Other Films
- 5.2 By Application
- 5.2.1 Greenhouse
- 5.2.2 Silage
- 5.2.3 Mulching
- 5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 6 COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
- 6.3 Company Profiles
- 6.3.1 Berry Plastics Corporation
- 6.3.2 ExxonMobil Chemical
- 6.3.3 The Dow Chemical Company
- 6.3.4 BASF
- 6.3.5 AB Rani Plast Oy
- 6.3.6 Armando Alvarez Group
- 6.3.7 Trioplast Industries AB
- 6.3.8 Britton Group
- 6.3.9 Hyplast NV
- 6.3.10 RKW SE
- 7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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