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Biodegradable Mulch Films Market is Dominated by the Starch Category

10-06-2023 09:06 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Biodegradable Mulch Films Market is Dominated by the Starch

The biodegradable mulch films market was valued at USD 50.8 million in 2022, and it will reach USD 87.8 million, advancing at a 7.1% CAGR, by 2030.

The growth of this industry is primarily because of the increasing consciousness about the damaging effects of inorganic mulching, as well as the supportive rules of the government.

Explore more about this report@ https://www.psmarketresearch.com/market-analysis/biodegradable-mulch-film-market

In 2022, the starch category, based on raw materials, accounted for the dominating share of the industry, of approximately 70%. This is primarily attributed to the benefits offered by starch, for instance, low price, sustainability for the environment, and compatibility with various types of soil.

Moreover, starch is utilized as an emulsifier, viscosities, defoaming agent, sizing agent, and encapsulant in various industrial applications.

In 2022, the polyhydroxyalkanoates (PHA) category accounted for a significant share of the industry. This can be primarily due to the fact that polyhydroxyalkanoates are not soluble in water and are comparatively resistant to the breakdown of hydrolytic with good ultraviolet protection.

The fruit & vegetable category, based on crop type, accounted for the largest share in the biodegradable mulch films market. This can be mainly attributed to its low lifetime price and the prohibition on inorganic mulching materials in various nations. Fruit & vegetables mulching also assists in quickening crop growth, enhancing moisture retention, weed control, improving crop quality, and minimizing fertilizer leaching.

To download free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/biodegradable-mulch-film-market/report-sample

In 2022, APAC led the biodegradable mulch films industry, with approximately 40% share, and it is expected to be the largest in the years to come. This can be ascribed to the fact that the surge in population in the regional nations has boosted the necessities for food; as a result, farmers have accepted the utilization of the biodegradable mulching method, because of the environmental advantages over inorganic mulching.

Furthermore, Europe accounted for the second largest share in the industry. This can be due to the fact that, in this region, 95% of inorganic mulching comprises the utilization of non-biodegradable and fossil-based materials that are generally produced outside the region. The advantages provided by the biodegradable mulching method have promoted farmers to utilize this method for the production of the crop.

The research offers the size of the global biodegradable mulch film market for the period 2017-2030.

Market Segmentation by Raw Material
• Starch
• Polylactic Acid (PLA)
• Polyhydroxyalkanoates (PHA)
• Others

Market Segmentation by Crop Type
• Fruit & Vegetables
• Grains & Oilseeds
• Flowers & Plants

Market Segmentation by Region
• North America Biodegradable Mulch Film Market
o By raw material
o By crop type
o By country - U.S. and Canada
• Europe Biodegradable Mulch Film Market
o By raw material
o By crop type
o By country - France, Germany, Italy, Spain, U.K., and Rest of Europe
• Asia-Pacific (APAC) Biodegradable Mulch Film Market
o By raw material
o By crop type
o By country - China, India, Japan, South Korea, Australia, and Rest of APAC
• Latin America (LATAM) Biodegradable Mulch Film Market
o By raw material
o By crop type
o By country - Brazil, Mexico, and Rest of LATAM
• Middle East and Africa (MEA) Biodegradable Mulch Film Market
o By raw material
o By crop type
o By country - Saudi Arabia, South Africa, and Rest of MEA

About P&S Intelligence
P&S Intelligence is a market research and consulting firm shaping growth strategies for enterprises with a global as well as niche presence. We specialize in both syndicate and custom market research, creating insight-laden reports that allow customers to stay ahead at every curve. Our clients range from multi-billion-dollar behemoths across industries to up and coming MSMEs and startups. Moreover, with our new offering, government, and public sector advisory services, we continue to trudge ahead in our quest for revolutionizing the way economies shape themselves in these ever-changing times.

Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://pnsintelligence.wordpress.com

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