Rising usage of plastic mulch in agriculture applications due to benefits such as reduced weed pressure, increase in soil temperature, reduction of certain insect pests and infestations, moisture conservation, higher crop yield, and more efficient use of soil nutrients are some other key factors positively impacting industrial films market growth. Rising demand for plastic films in medical applications is also projected to augment market growth to a significant extent during the forecast period. The inherent suitability of Polyvinyl Chloride (PVC) for sterilization makes it well-suited for use in medical tubing, which often comes in direct contact with patient skin or bodily fluids. Rising concerns regarding need to reduce environmental contamination caused by plastic mulches is boosting demand for biodegradable plastic mulches currently, as these function as an environmentally sustainable alternative to conventional polyethylene mulch.
The global industrial films market size is expected to reach USD 57.48 Billion in 2028 and register a revenue CAGR of 4.7% over the forecast period, according to a latest report by Reports and Data. Market revenue growth is primarily driven by increasing demand for industrial films from the agriculture industry. Wide applications of greenhouse films, mulch films, silage films, low tunnel films, soil sterilization and fumigation films, films for protection and packaging, and films for lining water reservoirs in the agriculture industry is expected to continue to boost revenue growth of the global market during the forecast period. Declining availability of arable land and increasing demand for food globally are other key factors driving demand for enhanced crop productivity and yield, which in turn, is augmenting demand for a variety of agricultural films.
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For the purpose of this report, Reports and Data has segmented the global industrial films market based on type, end-use industry, and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
End-use Industry Outlook (Revenue, USD Billion; 2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Indicative Metrics
Chapter 4. Industrial films Market Segmentation & Impact Analysis
4.1. Industrial films Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
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Finally, all aspects of the Industrial Films market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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