The global agricultural films and bonding market size is expected to expand to USD 15.2 Billion by 2031 at a CAGR of 5.1%. Climate, farming methods, and market maturity, all have an impact on the agricultural films and bonds market, which exhibits a variety of trends among various regions. With recyclable and biodegradable agriculture films coupled with smart farming technologies such as film sensors for soil condition monitoring, the market is set to surge in the upcoming years.
One of the main drivers for the global agricultural films and bonding market is the growing requirement for increased crop yield to keep up with the world's growing food demand. Agricultural films, like mulch and greenhouse films, minimize water evaporation, maximize light transmission, and suppress weeds to protect crops and increase output. The need for environmentally friendly and biodegradable agricultural films is increasing as sustainable farming methods come into greater prominence. The popularity of agricultural films is being fuelled by the growth of protected agriculture, such as greenhouses and tunnel farming, in regions with severe weather. Furthermore, the technological developments in film materials, like UV protection and thermal characteristics, are improving these goods' efficiency and durability and accelerating market expansion.
Several guidelines and regulations are established by regulatory authorities such as the European Union (EU) and the Food and Agriculture Organisation (FAO) for the use of agricultural films. These laws focus on sustainability standards and environmental impact. These organizations are essential in influencing consumer trends towards environmentally friendly products. In this industry, several startups are flourishing, such as Rani Plast and Polivouga, who concentrate on creative, eco-friendly film solutions. These entrepreneurs are propelling the agricultural films and bonds market forward by advancing the development of biodegradable materials and effective crop protection solutions.
Nevertheless, the market is constrained by factors like the expensive price of sophisticated agricultural films, which may prevent small-scale farmers, especially those in developing nations, from adopting them. Furthermore, worries about how non-biodegradable plastic films affect the environment and challenges with recycling can impede market expansion. The creation of agricultural films that are recyclable and biodegradable presents a large opportunity due to rising environmental consciousness and government programs supporting sustainable farming. Further growth potential is provided by the emergence of smart farming technologies, such as films that are equipped with sensors to monitor soil conditions.
Impact of COVID19
COVID-19 had a mixed effect on the market for bonding and agricultural films. At first, the pandemic caused supply chain disruptions on a worldwide scale, which resulted in a shortage of raw materials and delays in the manufacturing and release of agricultural films. This made it more difficult for farmers to obtain the supplies they needed for crop management and protection, especially during crucial growing seasons. The adoption of these technologies was further complicated by lockdowns and labor shortages in the agriculture industry.
However, as the pandemic spread, there was a renewed emphasis on sustainable agriculture and food security, which increased demand for agricultural films to increase crop yields and provide protection from erratic weather. Agricultural films are essential to protected farming practices like greenhouses and tunnel farming, which have seen a rise in investment due to the drive for food self-sufficiency in many regions.
Furthermore, as environmental concerns gained prominence, the pandemic hastened the implementation of recyclable and biodegradable film solutions. Farmers attempted to increase production and lower risks in the face of continuous uncertainty, which enhanced the agricultural film market's long-term outlook even though the initial disruption resulted in short-term setbacks.
Segmentation
The global agricultural films and bonding market is segmented into material and application. By material, the market is segmented into biodegradable films, polyethylene (PE), ethylene-vinyl acetate (EVA), and polyvinyl chloride (PVC). Leading companies in the biodegradable film market, Novamont, and BASF, emphasize environmentally responsible and sustainable solutions. Owing to their affordability and durability, polyethylene films are widely utilized. Ginegar Plastic Products and other companies have made significant contributions to this industry.
By application, the market is bifurcated into silage storage, greenhouses, and crop protection. Offering films that shield crops from weather and pests, DowDuPont is a significant player in the crop protection industry. Companies such as Rani Plast, which offer high-performance films for UV protection and temperature regulation, flourish in the greenhouse market. With films made to preserve animal feed, Trioplast leads the silage storage market.
Regional Analysis
Due to its sophisticated agricultural methods and a strong need for effective crop protection technology, North America is a sizable market. The popularity of agricultural films has been boosted by the region's emphasis on protected agriculture and sustainable farming. Businesses that are leaders in the supply of cutting-edge mulch films and greenhouse covers that enhance agricultural productivity and soil management include Berry Global and DowDuPont. Another significant trend in this region is the growing need for biodegradable films as a result of environmental restrictions.
With its emphasis on sustainable agriculture and strict environmental restrictions, Europe is another significant player in the agricultural film industry. To cut down on plastic waste in agriculture, nations such as Germany, France, and the Netherlands are making significant investments in biodegradable film. Leading companies, including BASF, Armando Alvarez, and Novamont, are committed to creating environmentally friendly films and adhesives. The developed greenhouse farming industry in the region contributes to the demand for high-performance films that have qualities like UV protection and thermal management.
The market for agricultural films is expanding quickly in the Asia-Pacific region due to the growing demand for food production and the expansion of agricultural infrastructure. Agricultural films are being used more often in nations such as China, India, and Japan to increase crop output and shield crops from inclement weather. To support the expanding agricultural industry in the region, companies like Ginegar Plastic Products and Sumitomo Chemical are leading the market, especially in greenhouse and mulch films.
Latin America is becoming a major agricultural film industry as countries such as Argentina and Brazil use films to increase crop yields and better utilize their water resources. The demand is being driven by the region's growing agricultural industry as well as the growing use of silage films for storing animal feed. Significant progress is being made by Trioplast and Rani Plast in producing films that improve the effectiveness of agricultural techniques.
The Middle East and Africa region is known for its increasing usage of agricultural films, particularly for water saving in desert conditions and greenhouse farming. These films are being used more often by nations such as South Africa, Saudi Arabia, and the United Arab Emirates to boost agricultural output in harsh environmental circumstances. Prominent companies offering solutions to meet these needs include Armando Alvarez and ExxonMobil, especially in areas where controlled farming settings are necessary.
Competitive Analysis
The key players in the global agricultural films and bonding market are Plastika Kritis S.A., BASF SE, Exxon Mobil Corporation, Berry Plastics Corporation, Polypak America Inc., Dai Nippon Printing Co. Ltd., Novamont S.P.A., and Industrial Development Company (INDEVCO), among others.
Revolution Sustainable Solutions purchased Norflex, a producer of industrial and agricultural films, in July 2024. The company's emphasis on environmentally friendly film production particularly in agriculture is strengthened by this acquisition.
To prolong the life of agricultural plastics, BASF unveiled Tinuvin NOR 211 AR, a high-performance heat and light stabilizer. This invention, which shields plastics from abrasive environments like elevated sulfur and chlorine levels, is aimed at plasticulture producers worldwide.
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The global agricultural films and bonding market is segmented as follows:
By Material (Revenue: USD Billion, 2019 – 2031)
● Biodegradable Film
● Polyethylene (PE)
● Ethylene-Vinyl Acetate (EVA)
● Polyvinyl Chloride (PVC)
By Application (Revenue: USD Billion, 2019 – 2031)
● Silage Storage
● Greenhouse
● Crop Protection
By Region (Revenue: USD Billion, 2019 – 2031)
● North America
o U.S.
o Canada
o Mexico
● Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe
● Asia Pacific
o China
o Japan
o India
o South Korea
o South East Asia
o Rest of Asia Pacific
● Latin America
o Brazil
o Argentina
o Rest of Latin America
● Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa
Frequently Asked Questions (FAQs)
The global market for agricultural films and bonding is expected to reach USD 15.2 Billion in 2031 growing at a CAGR of 5.1%.
The major players in the global agricultural films and bonding market are Plastika Kritis S.A., BASF SE, Exxon Mobil Corporation, Berry Plastics Corporation, Polypak America Inc., Dai Nippon Printing Co. Ltd., Novamont S.P.A., and Industrial Development Company (INDEVCO), among others.
The global agricultural films and bonding market is projected to grow at a CAGR of 5.1% between 2024 and 2031.
The market for global agricultural films and bonding is driven by factors such as climate, agricultural methods, and market maturity in a region. Moreover, growing requirement for increased crop yield to keep up with the world's growing food demand is another major factor for market exapansion. Additionally, recyclable and biodegradable agriculture films coupled with smart farming technologies are anticipated to boost the market in the upcoming years.
North America was the leading regional segment of the global agricultural films and bonding market in 2023.