Market Analysis
The biodegradable mulch films market is likely to grow at a 7.6% CAGR by 2022 according to the latest analysis by Market Research Future (MRFR). Biodegradable mulches offer an alternative to plastic mulch films for water conservation, soil temperature moderation, and weed control. These films are made of plant starch. Owing to its unique characteristics and beneficial use, biodegradable mulch films are in great demand.
Various factors are propelling the global biodegradable mulch films market share. As per the current MRFR report, such factors include the support from the government for organic mulching, rising environmental concerns, which has shifted the focus towards eco-friendly mulch films, growing applications in agriculture, increasing demand in the greenhouse, and depleting arable land.
On the contrary, high installation cost & lack of availability may impede the global biodegradable mulch films market growth over the forecast period. Besides, the supply chain disruption, shortage of materials & subcontractors, and termination of contracts for controlling expenses due to the ongoing COVID-19 pandemic are also impacting the market growth. However, the initiatives by the government and ease in restrictions create hope for the impending recovery of the global biodegradable mulch films market.
Market Segmentation
The MRFR report offers an inclusive segmental analysis of the global biodegradable mulch films market based on composition and biodegradable plastic.
By composition, the biodegradable mulch films market is segmented into starch blended with polylactic acid (PLA), starch blended with polyhydroxyalkanoate (PHA), and starch. Of these, the starch segment will lead the market over the forecast period for its low cost.
By biodegradable plastic, the biodegradable mulch films market is segmented into aliphatic-aromatic copolyesters (AAC), thermoplastic starch (TPS), and controlled degradation masterbatches. Of these, the TPS segment will dominate the market over the forecast period.
Regional Analysis
Based on region, the global biodegradable mulch films market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, the APAC region will lead the market over the forecast period. The expanding population base and shrinking agricultural land owing to urbanization and industrialization compelling farmers to produce more in the same land are adding to the global biodegradable mulch films market growth in the region. China has the maximum share in the market for increasing sales of biodegradable mulch films.
The global biodegradable mulch films market in Europe is predicted to hold the second-largest share during the forecast period. The rising adoption of eco-friendly products and demand for organic farming are adding to the global biodegradable mulch films market growth in the region. Biodegradable mulch does not need waste disposal, thus offers an alternative to sustainable mulching, which in turn is increasing its demand in the region.
The global biodegradable mulch films market in North America is predicted to have healthy growth over the forecast period and in the RoW is predicted to have sound growth. Implementation of horticulture methods to improve crop yield, constant technological advancements, and growing need for plastic film alternatives in the horticulture & agricultural sector are adding to the global biodegradable mulch films market growth in the RoW.
Key Players
Leading players profiled in the global biodegradable mulch films market report include AB Rani Plast OY (Finland), Novamont S.P.A. (Italy), Armando Alvarez (Spain), AEP Industries Inc. (U.S.), BioBag International AS (Norway), Kingfa Science & Tech Co. Ltd. (China), British Polythene Industries PLC (U.K.), AL-PACK Enterprises Ltd. (Canada), RKW SE (Germany), and BASF SE (Germany). Industry players have incorporated several strategies to stay ahead in the competition, such as mergers, acquisitions, partnerships, strategic alliances, contracts, new product launches, and more.
Industry News
July 2020: A French company, Carbiolice that produces compostable and biodegradable plastic products, has joined hands with Barbier Group, an agricultural film manufacturer to develop a PLA-based biodegradable mulch film.
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Browse Complete Report @
About Market Research Future:
Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.
The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.
Our Forte
Strong industry focus
Robust methodology
Tailor-made solutions
Disruptive research
Cutting-edge detailed reports
Competitive pricing
Domain expert researchers
Timely delivery
Ground-breaking approach
Advanced and transparent research methodology
Cover latest trends and innovations
Read more related insights:
Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Comments