Biodegradable Mulch Films Market

Biodegradable Mulch Films Market Research
Report By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
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(Part of Wantstats Research & Media Pvt. Ltd.)
Biodegradable Mulch Films Market Forecast To 2023
Global Biodegradable Mulch Films Market by Biodegradable Plastic (Thermoplastic Starch (TPS), AliphaticAromatic Copolyesters (AAC), Controlled Degradation Masterbatches) by Composition (Starch, Starch
Blended With Polylactic Acid (PLA), Starch Blended With Polyhydroxyalkanoate (PHA), by Region (AsiaPacific, North America, Europe, Rest of World) - Forecast to 2022
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 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.
The global biodegradable mulch films market is poised to grow approximately at 7.6% CAGR during the forecast period.
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Biodegradable Mulch Films Market Forecast To 2023
Market Segmentation
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Biodegradable Mulch Films Market Forecast To 2023
Regional Analysis
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.
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Major Players
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.
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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

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