South America Agricultural Films Market - By Type, Application and Geography-Market Shares, Forecasts and Trends (2017 - 2022)
The agricultural films market in South America is expected to growth at a CAGR of 6.0% during 2015-2020. Agricultural films are treated as a modern day application used in many innovative agricultural practices. Population growth leading to growing food demand and pressure for improved agricultural productivity has augmented the market for agricultural films. These are employed as protective covers positioned over soil, green houses, and fodder crops.
Agricultural films are used extensively for soil protection, green house farming and mulching. The benefits derived from the films are- reduced soil erosion and compaction, temperature control, nutrient conservation, seed germination, weed control and protection against UV Rays etc.
Growing need to elevate agricultural productivity in order to sustain the food demand is the primary reason behind commercialization of these specialty products. Shrinking farm lands and cost efficiency of the products further help the market to retain market growth in many price sensitive markets of the region. Biodegradable and bio-based films would experience greater acceptance in South America region. Further, advancements in agricultural practices backed by technological support would help in increasing demand of agricultural films.
Depending on the need and topography, various types of films are applied in agriculture namely- Low Density Polyethylene, Linear Low Density Polyethylene, High Density Polyethylene, Ethyl Vinyl Acetate (EVA)/Ethylene Butyl Acrylate (EBA), Reclaims etc. Linear low density polyethylene has the highest market penetration with the fastest growth rate followed by Low density films. By application, the market is segmented into green house, silage and mulch; out of these, mulching is the leading application segment followed by greenhouse usage that accounts for more than one-third of the regional market share.
Agricultural films demand in South America is concentrated in countries like Brazil and Argentina. The growing need for improved agricultural productivity barring high consumption of agricultural chemical inputs has paved the way for more sophisticated agriculture using agricultural films.
The regional market place is fragmented and is dominated by many global and North America based companies. Major companies operating in the South American market with considerable market share are-BP Industries, Britton Group, BASF, The Dow Chemical Company etc. Investment on R&D for product innovation is the major strategy followed by market players religiously. Merger and acquisitions and strategic collaboration with biotechnology farms are some of the effective strategies employed over the years.
In this report we offer,
Market analysis for the South American Agricultural Films Market, with region specific assessments and competition analysis on global and regional scales.
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the South American Agricultural Films Market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped