Agricultural Films Market – Increasing Government Investments into Boosting Agricultural Production is Expected to Significantly Favor Growth of the Market

According to the recent study of Fact.MR, the agriculture films sales are estimated to exceed 4300 tons in 2019, recording a Y-o-Y growth at more than 4.0% over 2018. Gains in the agricultural films industry remains influenced by numerous multipronged factors, ranging from the development of biodegradable and eco-friendly alternatives, to introduction of affordable machines for fast yet efficient laying down of films on a large scale.

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The study finds that mulch plastic films are preferred over other agricultural film variants, with sales in 2019 estimated at over 2200 tons. Comparatively larger sales of mulch plastic films can be backed by its unparalleled effectiveness in increasing farmland yield. In addition, mulch plastic films has gained widespread acceptance among farmers worldwide, as it facilitates creating favorable microclimatic conditions for accelerating the growth of crops.

The study opines that exponential growth in food demand in recent years will remain the leading sales influencer of agricultural films. According to the Food and Agriculture Organization (FAO), the demand for food is estimated to increase by 70% by 2050.

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Mulch plastic films, on account of their unmatched benefits and effectiveness in increasing the agricultural productivity, will continue to witness robust demand, in line with the surging food demand in the foreseeable future. Mulch plastic films complement the use of drip irrigation and polymer-based fertilizer release practices, enabling easy and time-effective production of high-quality agricultural produce.

Environmental abuse of plastic has been one of the key concerns, which led the agricultural films industry players to seek biodegradable alternatives to polyethylene. The non-biodegradable nature of traditional plastics is causing excessive pressure on landfills worldwide. However, a recent study by ETH Zurich concluded the biodegradability of PBAT or polybutylene adipate terephthalate to favor agriculture films manufacturers.

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The study of ETH Zurich states that PBAT can undergo complete biodegradation in soil over a period of six weeks making it an ideal replacement for polyethylene with the former exhibiting all the properties required for cost-effective production of agriculture films. Additionally, accelerating development of novel recycling processes and their conversion into goods reusable in agricultural applications, are expected to augur well for growth of the agriculture film market.

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