Biodegradable Mulch Film Market 2021-2025- BASF SE, BioBag International AS, Novamont, Organix Solutions

The report is designed to provide a holistic view of the Biodegradable Mulch Film Market 2021-2025. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). High-level interpretation of Biodegradable Mulch Film Market attributes using proprietary tools such as the Penetration Mapping Index, and other successful representational tools such as Porter’s Five Forces Analysis, SWOT, PESTEL, Ansoff’s Matrix, etc. Regional estimates and forecasts & trend analysis for each country and region are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Biodegradable Mulch Film Market investments from 2021 till 2025.

The biodegradable mulch film market is expected to register a CAGR of 8.5% during the forecast period 2020 - 2025.

Get Free Sample PDF Copy of Latest Research on Biodegradable Mulch Film Market2021 before the purchase
https://www.marketinsightsreports.com/reports/10192355796/biodegradable-mulch-film-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=A19

The Biodegradable Mulch Film Marketis highly competitive and is moderately fragmented that consists of significant individual players such as BASF SE, BioBag International AS, Novamont, Organix Solutions, Plastiroll, PLASTIKA KRITIS, RKW Group, Sunplac, Iris Polymers, Kingfa, Biolegeen.

Key Market Trends:
Fruits and Vegetables to Account for a Significant Share

- The agricultural industry has recognized the major benefits of biodegradable mulch films in the reduction of soil compaction, fertilizer leaching, moisture evaporation, weed problems, and increasing soil temperature, which helps to obtain higher yield and increase early growth in crops, while providing the additional benefit of biodegrading.
- Due to the large proportion of mulch films used in fruits and vegetables and all the environmental problems related to their disposal, the biodegradable mulch films seem to be the best solution for replacing the conventional polyethylene mulches.
- Additionally, traditional mulch film waste causes an environmental problem, because it is very contaminated with soil and vegetable residues, turning the recycling process expensive and time-consuming, being an uneconomic activity. These biodegradable mulch films have the advantage of being disposed directly into the soil or into a composting system at the end of their lifetime and undergo biodegradation by soil microorganisms. This saves time and money both.
- BASF offers the polymer Ecovio M, which is made up of polymer PLA (polylactic acid), which contains biobased content, and it is completely biodegradable. The advantage is that the farmer does not have to laboriously collect the mulch films after harvest but can plow it directly, which helps in saving time and money.
- Additionally, a major concern for large-scale adoption of plastic mulch for crop productivity enhancement in the trans-Himalayan region could be the resultant pollution hazards caused by residual plastic film. In July 2019, the DRDO announced to do its research for the adoption of low-cost biodegradable mulching materials on crop growth. This further increases the market growth.
- Furthermore, Italy exports yearly tons of fresh fruits and vegetables to other countries, and players, such as Novamont, offer Mater-Bi mulch film for processing vegetables. Italy is the main European producer of tomato. According to the Associazione Nazionale Industriali Conserve Alimentari Vegetali, the export value of tomato products in Italy from the first half-year of 2018 to the first half-year of 2019 increased from EUR 779.5 million to EUR 847.6 million.

Asia-Pacific to Witness Significant Market Growth

- The Asia-Pacific region is projected to grow at the highest rate in the biodegradable mulch film, as the increasing population, especially in China and India, resulted in the increasing demand for food, which leads to an increased usage of biodegradable mulch films in crop production.
- The government is also taking necessary steps to improve the productivity of crops. In January 2020, in China, the government’s National Development and Reform Commission stated that China wants to promote non-plastic products, including biodegradable mulch film, in the agriculture sector.
- Additionally, in India, the government estimated the quantity production for pulses for the coming years, which significantly raises the demand for biodegradable mulch films. According to Seed Division, 3,975,165 quintal pulses are to be farmed during 2020-2021, with an increment of 308,947 quintals compared to the year 2019-2020.
- Furthermore, the Singapore-headquartered biotech startup RWDC industry announced that it closed a USD 13 million Series A2 round deal co-led by venture capital firms, Vickers Venture Partners and WI Harper Group. The money was primarily being used to expand RWDC’s PHA (polyhydroxyalkanoate) production capacity in 2019.

(Exclusive Offer: Flat 25% discount on this report)
Inquire for Discount
https://www.marketinsightsreports.com/reports/10192355796/biodegradable-mulch-film-market-growth-trends-and-forecasts-2020-2025/discount?Mode=A19

Regions are covered By Biodegradable Mulch Film Market Report 2021 to 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia and, Italy).
Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).

The Total Addressable Market (TAM) For estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of in the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.

Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Biodegradable Mulch Film Market Market
-Changing the Biodegradable Mulch Film Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Biodegradable Mulch Film Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Biodegradable Mulch Film Market.
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions about Biodegradable Mulch Film Market:
– What are the recent developments and government policies?
– What are the top trends in the Biodegradable Mulch Film Market?
– What is the growth rate of the market?
– Which Is the Most potential market segment?
– Which are the top industry players in the Biodegradable Mulch Film Market?
– Which region would offer high growth for vendors in the market?

The report has 150 tables and figures browse the report description and TOC
https://www.marketinsightsreports.com/reports/10192355796/biodegradable-mulch-film-market-growth-trends-and-forecasts-2020-2025?Mode=A19

Customization of the Report: This report can be customized as per your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.

CONTACT US:
Irfan Tamboli (Head of Sales) | Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

ABOUT US:
Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc., Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.