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Biodegradable Mulch Film Market Demand by Material And Crop Type 2023

08-03-2018 05:42 PM CET | Energy & Environment

Press release from: Allied Market Research

Biodegradable Mulch Film Market Demand by Material And Crop Type

Biodegradable Mulch Film Market by raw material kind and Crop Type: world opportunity Analysis and business Forecast, 2017-2023, the worldwide biodegradable mulch film market was valued at $33,699 thousand in 2016, and is projected to succeed in at $62,039 thousand by 2023, registering a CAGR of 9.3% from 2017 to 2023.

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Biodegradable mulch film is a mulching technique wherein waste from use of biodegradable mulching materials is transformed into carbon dioxide, methane, water, or biomass at the end of their shelf life, thereby benefiting the agricultural soil. Biodegradable mulch materials area unit obtained from plants and animals; thus, these have a lower environmental impact than use of inorganic mulching technique.

Adverse effects of inorganic mulching technique on environment as well as regulations concerning the acceptance of gas emission level caused by inorganic mulching materials have driven the biodegradable mulch films market. However, raised cost of biodegradable mulch films restricts the market growth. Moreover, high demand for crop production owing to growth of worldwide population is expected to present growth opportunities for this market.

In 2016, the fruits & vegetables segment accounted for the very best share, and is expected to keep up its dominance during the forecast period, owing to its raised demand resulting from growing population globally.

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MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Intensity of competitive rivalry

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Adverse effect of inorganic mulching
3.4.1.2. Stringent government regulations

3.4.2. Restraint

3.4.2.1. High installation cost

3.4.3. Opportunity

3.4.3.1. Growth of global population

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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