Global Biodegradable Mulch Films Market by Biodegradable Plastic (Thermoplastic Starch (TPS), Aliphatic-Aromatic Copolyesters (AAC), Controlled Degradation Masterbatches) by Composition (Starch, Starch Blended With Polylactic Acid (PLA), Starch Blended With Polyhydroxyalkanoate (PHA), by Region (Asia-Pacific, North America, Europe, Rest of World) – Forecast to 2022
April 16, 2019 /MarketersMedia/ —
Market Synopsis of Global Biodegradable Mulch Films
Mulch is a layer of material used to cover the surface of soil to conserve moisture, improve land fertility and to reduce weed growth. Biodegradable mulch films are used in an eco-friendly manner to carry out agriculture with limited arable land to enhance crop quality by maintaining temperature.
The global biodegradable mulch films market is poised to grow approximately at 7.6% CAGR during the forecast period.
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The growth of global biodegradable mulch films market can be attributed to factors such as depleting arable land with growing population and increased government regulations promoting usage of bio-based products. The key players in the market are investing in R&D to develop fully bio based mulch films. The lack of availability of such mulch films and high initial cost are the major restraints to the market growth.
BASF SE (Germany), RKW SE (Germany), AL-PACK Enterprises Ltd. (Canada), British Polythene Industries PLC (U.K.), Kingfa Science & Tech Co. Ltd. (China), BioBag International AS (Norway), AEP Industries Inc. (U.S.), Armando Alvarez (Spain), Novamont S.P.A. (Italy)and AB Rani Plast OY (Finland) are some of the leading players operating in this market.
Regional Analysis of Global Biodegradable Mulch Films Market
Asia Pacific dominated the global Biodegradable Mulch Films Market and accounted for around 60% of the market share in 2015. The rising population has increased the demand of food in the region, which in turn drives the biodegradable mulch film market.
It is followed by Europe, where the increasing adoption of bio-based products is expected to drive the market. During the forecast period, the region is expected to witness moderate growth.
Raw Materials Suppliers
Research Institute / Education Institute
Key executive (CEO and COO) and strategy growth manager
Product matrix which gives a detailed comparison of the market for different recycled product types
Geographical analysis across 15 countries
Profiling of 10 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies
Study objectives of Global Biodegradable Mulch Films Market
To provide detailed analysis of the market structure along with forecast for the next ten years of various segments and sub-segments of the global biodegradable mulch films market
To provide insights about factors affecting the market growth
To analyze global biodegradable mulch films market based on various tools such as Price Analysis, Supply Chain Analysis and Porters Five Force Analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries Asia-Pacific, North America, Europe, Rest of the World
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by biodegradable plastic, by composition and by region
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global biodegradable mulch films market
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