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Biodegradable Mulch Films Market - Analysis & Growth 2017 - 2025
Biodegradable Mulch Films Market
The global market for biodegradable mulch filmshas beensegmented on the basis of biodegradable plastics, composition, application, and geography. Based on biodegradable plastics, the market can bedividedintocontrolled degradation masterbatches,aliphatic–aromatic copolyesters (AAC), and thermoplastic starch (TPS). The thermoplastic starch segment held a major market share in 2016 and the trend is anticipated to continue throughout the forecast period. This isattributableto easy availability, biodegradability, renewability, and cost-effectiveness of thermoplastic starch.Thesegment is anticipated to witness rapid growth during the forecast periodalso, owing to high demand for TPS from countries of Asia Pacific such as China and India. Based on composition, the global market for biodegradable mulch filmshas beensegregated into starch, starch blended with polyhydroxyalkanoate (PHA), and starch blended with polylactic acid (PLA). The starch segment held a major market share in 2016 and the trend is anticipated to continue throughout the forecast period. This is attributableto high biodegradability andcost–effectivenessof starch. In addition, high amylose content in starch helps in forming flexible and strong biodegradable mulch films.This is also a major reason for high demand for starch. Based on application, the global biodegradable mulch films market has been divided into fruits &vegetables, grains, and others.The fruits &vegetables segment held a major market share in 2016 and the trend is anticipated to continue throughout the forecast period. The agricultural sector can benefit from mulch films in terms of fertilizer leaching,reduction insoil compaction,moisture evaporation,increase in soil temperature,and eradication of weeds to obtain increased yield.
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Major factorsdriving the global market for biodegradable mulch films include rising environmental concerns and increasing demand for biodegradable and eco-friendly mulch films. In addition, rising demand in the agricultural sector for better yield of crops in appropriate conditions is a majordriver forthe global market for biodegradable mulch films. Greenhouses are also recordinghigh demand for biodegradable mulch films,as they grow crops in artificial environmental conditions.This factor is triggering the global market for biodegradable mulch films. Lack of availability of these films inall regions is a major restraint forthe global market for biodegradable mulch films. Rising demand from countries such as China and India is projected tooffer growthopportunitiesto the market during the forecast period.
Geographically, the global biodegradable mulch films market hasbeen segmentedinto North America, Europe, Asia Pacific, Middle East &Africa, and Latin America. Asia Pacific held a major market share in 2016 and the trend is anticipated to continueduring the forecast period.The market in theregion is anticipated to witness rapidgrowth during the forecast period. This is attributableto increased demand from countries such as India and China.
Major players operating inthe global biodegradable mulch films market include BASF SE, Biobag International AS, AEP Industries Inc., Armando Alvares, British Polythene Industries PLC, AB Rani Plast Oy., Al-Pack Enterprises Ltd.,RKW SE, and Novamont S.Pa.
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