The word “Agro textiles” now is used to classify the woven, nonwoven and knitted fabrics applied for agricultural and horticultural uses covering livestock protection, shading, weed and insect control, and extension of the growing season. The essential properties required are Strength, elongation, stiffness, porosity, bio-degradation, resistance to sunlight and resistance to toxic environment.
Agrotech aid in improving crop quality and help in increasing overall agricultural productivity. Increasing demand for food with growing population has put a lot of pressure on agricultural productivity. Limited availability of land coupled with various natural disasters further reduces the total yield. Need to increase crop productivity to fulfill daily demand of growing population has led to the industry growth.
The global agro textiles demand was 1,489.9 kilo tons in 2016, valued at USD 8.46 billion in 2016 and is estimated to grow at a CAGR of 4.4% from 2017 to 2025, and is expected to reach USD 12.77 billion by 2025.
Agro textile demand in agriculture application is expected to reach 558 kilo tons by 2025, growing at 4.4% from 2017 to 2025. Advancements in biotechnology have led to rapid change and evolution in traditional farming methods to a more scientific approach. Farmers worldwide are being trained to decide the optimum solution that can help them in achieving sustainable growth. Implementation of highly effective technologies in agricultural industry is anticipated to surge crop yield, and hence, impact the overall productivity. This trend is expected to create immense opportunities for agricultural textile and is estimated to have lucrative growth prospects in the near future.
Expected CAGR
Agrotechnical textiles are used in farming, animal husbandry and horticulture to control the hazardous influences of environmental and climactic factors on crop production and cattle breeding, regulate nutrient level intake of plants, and assist in process and post harvest operations. Agrotextiles, in the form of nets, ropes and lines, have also been used extensively in the fishing industry. Agrotextiles have been demonstrated to be successful world over in not only protecting the crops from any external factors, but also in improving agricultural yield. Given the importance of agriculture to the Indian economy and population, the need and potential application of agrotextiles in the country is significant and vast.
As per estimates by the Working Group on Textiles and Jute Industry, Ministry of Textiles, Government of India, the Indian agrotech segment is expected to grow at a rate of 20% to US $ 340 million by 2016-17.
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