The Global Biodegradable Mulch Films Market value is expected
to reach USD 64.3 million by 2024, according to a new
report by Grand View Research, Inc. Growing population coupled with depleting
arable land is anticipated to drive the market growth over the next eight
years. Biodegradable mulch films are used to enhance crop quality by
suppressing weed growth and maintaining soil temperature.
Biodegradable mulch films have a lower environmental impact as they do not produce any harmful waste, and their disposal is easy. Government regulations promoting bio-based product usage, especially in Europe and North America is expected to drive market growth over the foreseeable future. Key players in the industry have been investing in R&D to develop fully bio-based mulch films.
Fruits & vegetables emerged as the leading crop using biodegradable mulch films and accounted for 51.1% of total market revenue in 2015 and is also anticipated to witness the fastest growth over the next eight years. The high growth may be attributed to biofilm ability to prevent fruits from rotting by preventing contact between fruit and soil.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/biodegradable-mulch-films-market
Further key findings from the report suggest:
View All related Reports from this Category: http://www.grandviewresearch.com/industry/renewable-chemicals
Grand View Research has segmented the Biodegradable Mulch Films Market on the basis of raw material, crop type and region:
Global Biodegradable Mulch FilmsRaw Material Outlook (Revenue, USD Thousand, 2014 - 2024)
Biodegradable mulch films have a lower environmental impact as they do not produce any harmful waste, and their disposal is easy. Government regulations promoting bio-based product usage, especially in Europe and North America is expected to drive market growth over the foreseeable future. Key players in the industry have been investing in R&D to develop fully bio-based mulch films.
Fruits & vegetables emerged as the leading crop using biodegradable mulch films and accounted for 51.1% of total market revenue in 2015 and is also anticipated to witness the fastest growth over the next eight years. The high growth may be attributed to biofilm ability to prevent fruits from rotting by preventing contact between fruit and soil.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/biodegradable-mulch-films-market
Further key findings from the report suggest:
·
Thermoplastic starch (TPS)
was the leading raw material in 2015 and is expected to reach a market worth
USD 47.3 million by 2024, growing at a CAGR of 7.7% from 2016 to 2024. The
high demand may be attributed to the easy availability of starch at low prices
coupled with an inability to produce any harmful products when placed in soil.
·
Starch blended with
polylactic acid (PLA) is also expected to witness a brisk growth over the
forecast period. The high growth may be attributed to their advantage of being
produced from 99% biobased material coupled with growing PLA films demand
particularly in Europe.
·
Asia Pacific was the major
consumer and accounted for 64.1% of global revenue in 2015 and is expected to
witness the fastest growth in the biodegradable mulch film market over the next
eight years owing to growing industrialization resulting in rising food demand.
·
Major companies operating in
the global biodegradable mulch film industry include Kingfa Sci & Tech Co
Ltd, Al-Pack Enterprises Ltd, BioBag International AS, RKW SE, AEP Industries
Inc, BASF, Novamont, British Polythene Industries PLC, Armando Alvarez and Ab
Rani PlastOy. Major companies have been adopting various strategies such as
M&A, joint ventures, new product development and capacity expansions to
increase their market share.
View All related Reports from this Category: http://www.grandviewresearch.com/industry/renewable-chemicals
Grand View Research has segmented the Biodegradable Mulch Films Market on the basis of raw material, crop type and region:
Global Biodegradable Mulch FilmsRaw Material Outlook (Revenue, USD Thousand, 2014 - 2024)
·
Thermoplastic starch (TPS)
·
Starch blended with
polylactic acid (PLA)
·
Starch blended with
polyhydroxyalkanoate (PHA)
·
Aliphatic-aromatic
copolyesters (AAC)
·
Others
Global
Biodegradable Mulch Films Crop Type Outlook (Revenue, USD Thousand, 2014 -
2024)
·
Fruits & vegetables
·
Grains & oilseeds
·
Flowers & plants
Global
Biodegradable Mulch Films Regional Outlook (Revenue, USD Thousand, 2014 - 2024)
North America
·
U.S.
·
Canada
·
Mexico
Europe
·
Germany
·
UK
·
France
Asia Pacific
·
China
·
India
·
Japan
Central & South America
·
Brazil
·
Argentina
Middle East & Africa
·
South Africa
Browse Press
Release of this Report @ http://www.grandviewresearch.com/press-release/global-biodegradable-mulch-films-market
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and fact-based
research across a range of industries, from technology to chemicals, materials
and healthcare.
Contact:
Sherry James
Corporate Sales
Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free:
1-888-202-9519
Email:
sales@grandviewresearch.com
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