Automated Guided Vehicle Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2013-2024

Automated Guided Vehicle (AGV) Market is expected to reach USD 1.5 billion by 2024, according to a new study conducted by Grand View Research, Inc. The growing focus on industrial automation, worldwide, is expected to contribute to the revenue growth.

The manifold advantages offered by AGVs, such as reduction in the operational cost, decrement in the production time, and enhanced workforce safety, are substantially energizing the industry growth prospects. These vehicles offer dynamic design solutions that pertinently replace the conventional conveyor systems and their associated high costs. Innovative technologies, such as laser, vision, and natural guidance, are instrumental in creating a high potential for the automated guided vehicle market growth. AGVs with such advanced wireless navigation technologies help in eliminating the need for expensive retrofitting, which is one of the primary factors behind their adoption.

This escalating demand for material handling equipment is projected to drive the market growth over the forecast period. Firms, operating in the warehouse businesses, are focusing on increasing spending on these vehicles to meet the growing demand for their services and to improve the efficiency of their operations.

Full Research Report on Automated Guided Vehicle (AGV) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/automated-guided-vehicle-agv-market

Further key findings from the study suggest:

• The tow vehicles segment was valued at USD 297.3 million in 2015 and is expected to grow at a CAGR of 7.6% over the forecast period. Such vehicles have considerable demand due to their ability to move more loads with multiple trailers than a single fork truck. This segment is expected to be driven by its advantages such as planned computerized operations and increased employee safety.
• The AGV market is technology-driven and the OEMs are focusing on enhancing the capabilities of their existing products. The natural navigation technology segment is anticipated to show a high potential, owing to its benefits, such as reduced infrastructure costs, as the natural navigation eliminates the need of reflectors and markers. The natural navigation technology segment was valued at over USD 18.4 million in 2015 and is expected to be the key navigation technology segment in the near future.
• Based on application, the market is segmented into logistics, assembly and packaging. The assembly and packaging application segment is estimated to be a key segment over the next 8 years and is estimated to grow at a CAGR of 6.6% from 2016 to 2024.
• The retail end-use industry is undergoing a rapid growth phase and is presumed to offer remarkable growth opportunities for the AGV market growth. The retail end-use industry is expected to reach USD 353.6 million by 2024.
• The Asia Pacific region is estimated to be the key region and the market for AGV in this region was valued at over USD 320.6 million in 2015, and is expected to expand at a CAGR of 7.6% from 2016 to 2024. The regional growth is supported by the increasing manufacturing and logistics activities in the emerging countries such as China and India. For instance, Amazon.com, Inc. has deployed several Kiva AGVs, at its Chinese warehouse, to effectively manage its logistics activities.
• The key vendors dominating the industry include Swisslog Holding AG, Egemin Automation, Inc., Bastian Solutions, Inc., Daifuku Co., Ltd., Dematic Corp., JBT Corporation, Seegrid Corporation, Toyota Industries Corporation, Hyster-Yale Group, Inc., Baylo, Inc., EK Automation, Kollmorgen, and KMH Systems, Inc.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Automated Guided Vehicle (AGV) Market based on type, navigation technology, application, end-use industry, and region:

AGVs Type Outlook (Revenue, USD Million, 2014 - 2024)

• Tow vehicle
• Unit load career
• Pallet truck
• Forklift truck
• Others

AGVs Navigation Technology Outlook (Revenue, USD Million, 2014 - 2024)

• Laser guidance
• Magnetic guidance
• Natural navigation
• Vision guided

AGVs Application Outlook (Revenue, USD Million, 2014 - 2024)

• Logistics
• Assembly and packaging

AGVs End-use Industry Outlook (Revenue, USD Million, 2014 - 2024)

• Automotive
• Food and beverage
• Aerospace
• Healthcare
• Retail

AGVs Region Outlook (Revenue, USD Million, 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• The Middle East and Africa

View Blog On This Report by Grand View Research: http://www.grandviewresearch.com/blog/automated-guided-vehicles-agvs-material-handling-made-easy                   

About Grand View ResearchGrand 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.

For more Information visit: www.grandviewresearch.com

Continuous Glucose Monitoring Devices Market Analysis By Product, End-User, Region, Trend Analysis And Segment Forecast Up To 2024

Continuous Glucose Monitoring (CGM) Devices Market is expected to reach USD 1.01 billion by 2024, according to a new report published by Grand View Research, Inc.

The CGM devices market is anticipated to witness a lucrative growth during the period 2016 to 2024.The prevalence of diabetes is increasing worldwide and calls for the continuous monitoring of blood glucose levels. The traditional methods of blood glucose monitoring have been compromised by the advent of continuous glucose monitoring systems.

These devices come with an innovative technology allowing quick and easy detection of blood glucose levels in the tissue fluid utilizing a small sensor for observation. By continuously observing readings at regular intervals, the continuous glucose monitoring systems allow patients to take adequate measures before hyperglycemic or hypoglycemic levels are reached.

Factors that support the growth of CGM devices market are its benefits over the other blood glucose monitoring systems, early detection of glucose levels, an increase in the number of diabetics worldwide, and growing awareness among developing and under-developing countries about such devices. The restraints for CGM devices market are stringent regulatory impositions and expensive systems. One of the key opportunities for this market would be the approval of the artificial pancreas that would accelerate the application of CGM devices.

The CGM devices industry, by product, is segmented into three types, transmitters and receivers, sensors, and insulin pumps. On the basis of end-user, the continuous glucose monitoring industry is categorized into hospitals, homecare diagnostics, research institutes, diagnostics, and clinical laboratories.

Full Research Report on Global Continuous Glucose Monitoring (CGM) Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/continuous-glucose-monitoring-market

Further key findings from the study suggest:

• North America is expected to lead the market for CGM systems throughout the forecast period, owing to the presence of a large patient base and the growing demand for patient monitoring devices in the region. The U.S. leads the regional market due to its technological supremacy and ground breaking research innovations.
• Asia Pacific is anticipated to grow at the highest CAGR owing to an increase in market potential along with partnerships with well-established organizations in the region. Additionally, the emerging economies, such as India, is estimated to fuel the market growth during the forecast period.
• The homecare diagnostics segment is set to garner most of the revenue in this market owing to the utilization of these products at a primary level by patients on the grounds of efficacy and user-friendliness.
• Some key market players include Novo Nordisk, Abbott Laboratories, Dexcom, Inc., Roche Diagnostics, Medtronic, and Animas Corporation.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/biotechnology

Grand View Research has segmented the Global Continuous Glucose Monitoring (CGM) Devices Market on the basis of product, end-user, and region:

Continuous Glucose Monitoring Devices, Product Outlook (Revenue, USD Million, 2013 - 2024)

• Transmitters and Receivers
• Sensors
• Insulin Pumps

Continuous Glucose Monitoring Devices, End-user Outlook (Revenue, USD Million, 2013 - 2024)

• Hospitals
• Homecare Diagnostics
• Others

Continuous Glucose Monitoring Devices, Regional Outlook (Revenue, USD Million, 2013 - 2024)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-continuous-glucose-monitoring-cgm-devices-market                  

About Grand View ResearchGrand 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.

For more Information visit: www.grandviewresearch.com

Drilling Fluids Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2014-2025

Global Drilling Fluids Market is expected to reach USD 10.01 billion by 2025, according to a new report by Grand View Research, Inc. Increasing upstream spending to sustain oil production targets is anticipated to drive oil & gas industry drilling activities over the forecast period. Technological advancements to modify the fluid rheology for efficient extraction in different formations have created lucrative avenues for industry participants.

Increased maintenance costs and environmental risks associated with offshore locations, have urged companies to deploy drill mud for cost-efficient E&P activities. Growing demand for increasing production rates, efficiency and mitigating gas related capital expenditures is expected to drive drilling fluids demand in offshore activity, over the long term. Growing number of ongoing projects in the Middle East and Africa including, Maydan Mahzam and Bul Hanine fields are projected to drive product demand over the next nine years.

WBF emerged as a leading drilling fluid product segment covering 50.4% market revenue share in 2016. The OBF segment is expected to lose share over the forecast period and account for 26% of the total industry value by 2025

Full Research Report on Global Drilling Fluids Market Analysis:
http://www.grandviewresearch.com/industry-analysis/drilling-fluids-market-analysis

Further key findings from the report suggest:

• The global drilling fluids market is estimated to grow at a CAGR of 3.7% from 2017 to 2025
• The onshore application segment is anticipated to reach 5.9 billion by 2025 over the upcoming years
• Offshore drilling activities is projected to emerge as the fastest segment at a CAGR of 4.1% from 2017 to 2025
• North America was the leading regional segment accounting for over 25% in 2016 and is expected to witness a similar trend over the forecast period
• Asia Pacific is anticipated to emerge as the fastest consumer at a CAGR of 4.6% from 2017 to 2025
• Russia onshore drilling fluids industry in 2016 was valued at USD 627.5 million and is projected to grow at a CAGR of 2.8% from 207 to 2025
• Demand for WBF product in the Venezuela was valued at USD 113.94 million in 2016 and is expected to grow at a CAGR of 4.1% from 2017 to 2025
• Drilling fluids market share in Kuwait is expected to grow at a CAGR of 4.7% over the forecast period and to reach USD 203.5 million by 2025
• Offshore drill mud industry in Nigeria was valued at USD 53 million in 2016 and is anticipated to be the fastest application over the upcoming years
• Major players include Newpark Resources, Halliburton, Weatherford International, Baker Hughes, National Oilwell Varco and Schlumberger

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

Grand View Research has segmented the Global Drilling Fluids Market on the basis of product, application and region:

Drilling Fluids Product Outlook (Revenue, USD Million, 2014 - 2025)

• Oil based fluids
• Water based fluids
• Synthetic based fluids
• Others

Drilling Fluids Application Outlook (Revenue, USD Million, 2014 - 2025)

• Onshore oil & gas
• Offshore oil & gas

Drilling Fluids Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• North America
• U.S
• Canada
• Mexico
• Europe
• UK
• Russia
• Norway
• Azerbaijan
• Kazakhstan
• Asia Pacific
• China
• India
• Indonesia
• Malaysia
• Pakistan
• Myanmar
• Singapore
• Australia
• Vietnam
• Thailand
• Middle East
• Saudi Arabia
• UAE
• Qatar
• Kuwait
• Iran
• Iraq
• Africa
• Algeria
• Libya
• Nigeria
• Gabon
• Zaire
• Central & South America
• Brazil
• Argentina
• Venezuela
• Columbia
• Peru

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-drilling-fluids-market                 

About Grand View ResearchGrand 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.

For more Information visit: www.grandviewresearch.com

Cooling Towers Market Is Expected To Grow At A CAGR Of 4.6% During Forecast Period 2014-2025

Global Cooling Towers Market is expected to reach USD 4.85 billion by 2025, according to a new report conducted by Grand View Research, Inc. Cooling towers are used in power plants, particularly in thermoelectric power plants, to remove excess heat from the plant. With the rising global demand for electricity, the number of power plants is also expected to increase, thereby driving growth of this market.

Furthermore, a tremendous rise in the number of construction activities across the residential and commercial sectors in developing countries is expected to boost the demand for this product. Additionally, rapid global industrialization is also a key driver expected to favorably impact the cooling towers market growth over the forecast period.

Technological advancements \ are expected to provide improved cooling capacity, minimum components, improved installation & energy savings, and low maintenance cost, which is further anticipated to escalate market growth in the near future. Moreover, stringent government regulations relating to the use of cooling towers across different regions is also expected to positively impact market growth.

However, environmental concerns related to cooling towers such as plume, drift, and water contamination are anticipated to moderately hamper the market demand. Nevertheless, the emergence of plume abated towers and drift eliminators is expected to overcome these environmental concerns and drive market growth in the near future.

Energy-efficient towers provide optimal cooling while exhibiting eco-friendly properties. These facilitate in water conservation, provide high-efficiency motors in order to cut down on the operating cost, and reduce environmental concerns. These environmental benefits are also expected to drive the demand for the product.

HVAC systems are generally implemented in commercial spaces, large offices, and shopping malls. Cooling towers are a mandatory component of an HVAC system, which is used to remove excess heat from the building. The increasing rate of urbanization and enhanced standard of living are expected to lead to the large-scale implementation of HVAC systems, thereby driving the market growth globally.

Full Research Report on Global Cooling Towers Market Analysis:
http://www.grandviewresearch.com/industry-analysis/cooling-towers-market

Further key findings from the report suggest:

• The closed-circuit type segment captured over 30% of the total revenue in 2016; however, hybrid type is anticipated to exhibit a substantial growth at a CAGR exceeding 4% from 2017 to 2025. This growth is attributed to their increasing adoption across various end-use industries.
• The Fiber-Reinforced Plastic (FRP) material segment accounted for over 20% of the total market share in 2016. However,High-Density Polyethylene (HDPE) material segment is projected to register a significant CAGR exceeding 5.0% from 2017 to 2025, owing to various benefits including high corrosion resistance, low maintenance cost, and long service life.
• Cooling towers have a wide scope for application in HVAC equipment and power plants due to their ability to remove excess heat. As a result, the HVAC segment is anticipated to capture a sizeable market share over the forecast period.
• Asia Pacific has emerged as the fastest growing market and is expected to witness a healthy CAGR of over 5.0%, which is primarily accredited to the rapid industrialization in this region.
• Key players in this industry include SPX Corporation, Evapco, Hamon & CIE International SA, Paharpur Cooling Towers, B&W SPIG (Babcock & Wilcox), Enexio, and Baltimore Aircoil Company.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Grand View Research has segmented the Global Cooling Towers Market on the basis of types, materials, applications, and regions:

Cooling Towers Type Outlook (Revenue, USD Million; 2014 - 2025)

• Open-Circuit
• Closed-Circuit
• Hybrid

Cooling Towers Material Outlook (Revenue, USD Million; 2014 - 2025)

• FRP
• Steel
• Concrete
• Wood
• HDPE

Cooling Towers Application Outlook (Revenue, USD Million; 2014 - 2025)

• HVAC
• Power Generation
• Oil & Gas
• Industrial

Cooling Towers Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-cooling-towers-market                

About Grand View ResearchGrand 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.

For more Information visit: www.grandviewresearch.com

Aromatherapy Diffusers Market Is Expected To Grow At A CAGR Of 9.1% From 2017 To 2025

Global Aromatherapy Diffusers Market is expected to reach USD 2.68 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing essential oil consumption has been the primary factor driving market growth. Additionally, increasing awareness regarding the advantages of these oils for treating various health issues has led to the augmented utilization of aroma diffusers worldwide. 

The growing disposable income along with the want to maintain a healthy lifestyle are anticipated to contribute to the demand for fragrances produced using essential oils. These fragrances provide stimulation in aromatherapy, massages, and other relaxation techniques. Some of the essential oils such as chamomile, cedarwood, peppermint, rose, eucalyptus, sandalwood, tea tree, lavender, etc. are known to reduce stress and stimulate the mind. Moreover, lavender oil helps cure migraine problems, while rosemary oil helps increasing concentration levels.

Owing to the fact that direct intake of essential oils can have certain side effects such as allergies and rashes, aromatherapy diffusers can be considered as one of the safest methods for essential oil consumption. They diffuse the essential oils in significant quantities over a time interval, thus maintaining efficient usage of these oils.

Presence of large unregulated domestic market in Asia Pacific and the Middle East, while rapid expansion of local manufacturers has been posing a threat to large multinational corporations operating in the global market. They constitute a challenge to the MNCs with low-cost technology and price offering, thereby creating a gap in prices in the world market. However, low labor cost, in countries such as China and India helps in reducing the overall manufacturing cost for producers.

Full Research Report On Global Aromatherapy Diffusers Market Analysis:  
http://www.grandviewresearch.com/industry-analysis/aromatherapy-diffusers-market

Further key findings from the report suggest:

• The global aromatherapy diffusers market was valued at USD 1.22 billion in 2016 and is expected to grow at a CAGR of 9.1% from 2017 to 2025
• Ultrasonic diffusers emerged as the largest product segment in 2016 owing to its capability to retain the therapeutic properties of essential oils
• In terms of revenue, Asia Pacific is likely to grow at the highest CAGR of 9.8% over the forecast period on account of changing lifestyle and growing consumer awareness regarding physical, mental and spiritual well-being
• Young Living Essential Oils, NOW Foods, dōTERRA International, Scentsy, Inc., Nu Skin Enterprises, Inc. are some of the major players in the aromatherapy diffusers market 

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/personal-care-and-cosmetics

Grand View Research has segmented the Global Aromatherapy Diffusers Market on the basis of product, and region:

Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

• Ultrasonic
• Nebulizers
• Evaporative
• Heat

Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• France
• UK
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East & Africa 

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-aromatherapy-diffusers-market               

About Grand View ResearchGrand 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.

For more Information visit: www.grandviewresearch.com

Ground Handling System Market Competitive Analysis By Financial Performance, Company Profile, Product And Latest Strategies 2012-2022

Global Ground Handling System Market size is expected to reach USD 189.09 billion by 2022, according to a new report by Grand View Research, Inc.

The substantial growth prospects of the aircraft ground handling system market can be attributed to a global increase in the passenger and cargo air traffic. Support by several governments worldwide and the local airport authorities are also stimulating the industry growth. Aviation and local airport authorities regulate the operations of handling equipment related to the safety of airliners, passengers, and the cargo to be transported.

The multi-billion-dollar expansion of airline fleets and airports globally has set off significant growth prospects for the aircraft handling industry players. Both, airlines operators and airports are focused on procuring and implementing advanced technologies to meet the rising air traffic and ensuring greater profitability, performance, and efficiency amidst stiff competition.

An emerging trend in the industry is the use of renewable energy sources to power equipment. Biogas-powered snow removal equipment, which is an eco-friendly approach, is being developed increasingly to carry out snow removal at airports. Furthermore, with the integration of IT in ground support operations, companies are increasingly developing innovative ground support software to address the specific needs of handlers.

However, high initial and replacement costs for such equipment are presumed to challenge market growth over the forecast period. Advanced and innovative ground support equipment that is sustainable is comparatively expensive and cuts into the profit share of major commercial airline companies.

Full Research Report on Global Ground Handling System Market Analysis: http://www.grandviewresearch.com/industry-analysis/ground-handling-system-market

Further key findings from the report suggest:

• Aircraft support equipment accounted for over 40% of the overall market share in 2014 and is poised for significant growth over the next seven years. The growth in this segment can be attributed to increasing global airline fleets at the airport, and increased prominence of air travel.
• Baggage and cargo handling service segment is anticipated to witness substantial growth over the forecast period, growing at a CAGR of over 10% from 2015 to 2022. The growth in baggage and cargo support service is dependent upon the increase in the number of commuters using air travel, and an increase in air cargo transport.
• Projected to grow at an estimated CAGR of over 10%, from 2015 to 2022, ramp support service is expected to witness significant growth over the next seven years. The growth in ramp      handling service segment can be attributed to increasing demand for passenger movement, aircraft towing, parking assistance, and aircraft marshalling.
• The ground handling system market in Asia Pacific accounted for over 25% of the overall market share in 2014 and is presumed to witness significant levels of growth over the forecast period. India and China are expected to incorporate considerable opportunities for regional industry growth, due to increasing urbanization, large population, eventually leading to extensive domestic traveling.
• The Middle East regional market is presumed to witness substantial growth over the forecast period, growing at a CAGR of close to 9% from 2015 to 2022. The region incorporates significant growth potential owing to a surge in aviation activities in the form of expansion, modernization, and domestic air travel.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global ground handling system market on the basis of equipment, service, and region:

Ground Handling System Equipment Outlook (Revenue, USD Billion, 2012 - 2022)

• Aircraft handling
• Baggage & cargo handling
• Passenger handling 

Ground Handling System Service Outlook (Revenue, USD Billion, 2012 - 2022)

• Aircraft handling
• Baggage & cargo handling
• Passenger handling
• Ramp handling
• Others 

Ground Handling System Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-ground-handling-system-market             

About Grand View ResearchGrand 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.

For more Information visit: www.grandviewresearch.com

Biodegradable Mulch Films Market Qualitative Analysis By Industry Overview, Emerging Trends And Market Drivers 2014 To 2024

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. 

Full Research Report on Global Biodegradable Mulch Films Market Analysis: 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% bio based 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 more reports of this category by Grand View Research at: 

http://www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the Global 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

View Press Release Of This Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-biodegradable-mulch-films-market            

About Grand View ResearchGrand 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.

For more Information visit: www.grandviewresearch.com