Adoption of Agricultural Films Market to Rise During the Forecast Period Owing to Increasing Consumer Awareness

Adoption of low-density polyethylene continues to remain robust, driven in part by demand in mulch plastic films manufacturing. High impact, chemical, and temperature resistance, are key attributes driving sales of low-density polyethylene in mulch plastic films production.

The Market Research Survey of Agricultural Films by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the key reasons behind increasing demand and growth. Sales Outlook of Agricultural Films as per the Market Research Survey is fairly positive and expected to register higher market growth during forecast period 2021 -2031. The market survey report also provides latest industry analysis on Agricultural Films with key analysis of Agricultural Films market drivers, trends, and influencing factors.

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In Brief:

• The agricultural films market registered a CAGR of over 4.0% during 2013 to 2017.
• Gains continue to remain driven by the introduction of innovative and eco-friendly products in the agriculture films industry, along with the constantly growing demand for food. Agricultural films sales in 2018 surpassed revenues worth US$ 9 Bn, and is estimated to record a Y-o-Y growth at over 5% in 2019.
• East Asia continues to remain the leading market for agricultural films, with China at the forefront. Intensifying cross-industry collaborative efforts in the country is a vital aspect bolstering agricultural production, and in turn demand for agricultural films.

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Key questions answered in Agricultural Films Market Survey Report:

1. What is the current scenario and key trends in Agricultural Films Market?
2. What are the key strategies companies are adopting to increase their consumer base?
3. What are the key categories within the Agricultural Films segments and their future potential?
4. What are the major Agricultural Films Market drivers and their expected impact during the short, medium, and long terms?
5. What is the Agricultural Films Market size and what are the opportunities for the key players?

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Agricultural films Market – Competitive Landscape

• In order to capitalize on the burgeoning demand for agricultural films in North America, ExxonMobil announced a strategic investment of US$ 20 billion over the period of 10 years in the construction of new production facilities across the continent. Under the elaborate plan, ExxonMobil is planning to construct a new polyethylene production facility to increase its ma manufacturing capacity by 65% to meet the bolstering demand for the material in the agricultural films market.
• Continuous innovation in incorporating sustainability in agriculture films production and disposal received a huge boost when Novamont, a leading player in the agriculture films market, announced the launch of a biodegradable mulch film manufactured using its proprietary bioplastic Mater-Bi.

Essential Takeaways from the Market Report

• Comparison of prominent players operating in the Agricultural Films market.
• Identification of Agricultural Films Market drivers, restraints and other forces impacting the global market.
• Recent developments and key strategies adopted by market players.
• Study of the micro and macro-economic growth indicators.
• Impact of the various factors on the value chain.
• Evaluation of current Agricultural Films market size, forecast and technological advancements within the industry.

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The Report Covers Exhaustive Analysis On:

• Agricultural Films Market Drivers, Segments and Restraints.
• Agricultural Films Market Survey and Dynamics
• Agricultural Films Market Size & Demand
• Agricultural Films Key Trends/Issues/Challenges
• Agricultural Films Sales, Competition & Companies involved  

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