Biodegradable Mulch Film Market Report 2022 : Analysis, Size, Share & Growth
Posted by Stephen Lobo on December 7th, 2022
Biodegradable Mulch Film Market Overview
The Biodegradable Mulch Film Market research report provides insightful comprehension about market size, share, CAGR, upcoming trends, drivers, growth, value & forecast. Mulching is a technique used to cover the soil surface around crops to create optimum conditions for crop growth. The usage of biodegradable mulch films is an eco-friendly mulching technique to carry out controlled agriculture on limited arable land, with limited irrigation. With the ability to self-degrade at the end of the cycle, it avoids the removal and disposal of plastic. Biodegradable mulch films, without having any adverse impact on the environment, assist in improving crop quality and enhancing agricultural productivity by minimizing soil erosion, providing nutrients, increasing soil temperature, and suppressing the growth of weeds. The Biodegradable Mulch Film market report includes the analysis by Biodegradable Plastic (TPS, AAC, Controlled Degradable Masterbatches), by Type (Starch, Starch Blended With PLA, Starch Blended With PHA), by Crop Type (Fruits & Veg, Grains, Plants) & by Region. The SWOT analysis, and Porter’s Five Forces Analysis are just a few of the market analysis techniques included in the documentation of the market research report. The Biodegradable Mulch Film market research report is known to be a helpful manual for industry leaders when it comes to in-depth examination.
Biodegradable Mulch Film Market Segmentation
Biodegradable Mulch Film Market categorizes based on biodegradable plastic, type, crop type, and region.
By Biodegradable plastic
The starch segment in the biodegradable mulch films market is projected to have the largest share in terms of size, during the forecast period. Starch has gained high demand in the biodegradable mulch films market owing to its wide availability, low cost, and potential application in the production of biodegradable mulch films.
By Crop Type
Fruits & vegetables segment is estimated to have the largest share in the biodegradable mulch films market in 2015 and the current trend is expected to follow during the forecast period. The market for biodegradable mulch films for the growth of fruits & vegetables is very promising as their application to these crops is convenient (due to the perennial nature of crops in most cases) and sustainable.
Significant growth for biodegradable mulch films is observed in the Asia-Pacific region
Asia-Pacific has a high growth potential for biodegradable mulch films. China is among the leading countries for biodegradable mulch films as the country faces industrial growth and urbanization which have led to higher standards of living among consumers, resulting in rise in demand for food products.
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Biodegradable Mulch Film Market Key Players
while other players include British Polythene Industries PLC (U.K.), Armando Alvarez (Spain), Al-Pack Enterprises Ltd. (Canada), Novamont S.Pa. (Italy), and AB Rani Plast OY (Finland). These players have adopted various strategies to expand their global presence and increase their market share. Expansions, agreements, joint ventures, mergers & acquisitions, and new product launches & technological advancements are some of the major strategies adopted by the market players to achieve growth in the biodegradable mulch films market.
BASF SE (Germany) has gained market prominence through its biodegradable mulch films ECOVIO and ECOFLEX. The company strengthened its product portfolio through the inclusion of ECOVIO F MULCH. It also expanded geographically in emerging economies like China by providing biodegradable mulch films for agricultural land for the production of crops such as corn, tomatoes, and potatoes.
Kingfa Sci & Tech Co Ltd (China) launched 30,000 metric tons of capacity of biodegradable EcoPond-branded polylactic acid/polybutylene succinic polymer, which helped it to develop a leading position in the market. Novamont S.Pa. (Italy) introduced Mater-Bi agricultural mulching films for strawberries.
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2 Research Methodology
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About the AuthorStephen Lobo
Joined: November 18th, 2022
Articles Posted: 57
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