Biodegradable Mulch Films Market
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<strong>Biodegradable</strong> <strong>Mulch</strong> <strong>Films</strong> <strong>Market</strong> Research<br />
Report By Forecast To 2023<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
<strong>Market</strong> Research Future<br />
(Part of Wantstats Research & Media Pvt. Ltd.)
<strong>Biodegradable</strong> <strong>Mulch</strong> <strong>Films</strong> <strong>Market</strong> Forecast To 2023<br />
Global <strong>Biodegradable</strong> <strong>Mulch</strong> <strong>Films</strong> <strong>Market</strong> by <strong>Biodegradable</strong> Plastic (Thermoplastic Starch (TPS), Aliphatic-<br />
Aromatic Copolyesters (AAC), Controlled Degradation Masterbatches) by Composition (Starch, Starch<br />
Blended With Polylactic Acid (PLA), Starch Blended With Polyhydroxyalkanoate (PHA), by Region (Asia-<br />
Pacific, North America, Europe, Rest of World) - Forecast to 2022<br />
<strong>Mulch</strong> is a layer of material used to cover the surface of soil to conserve moisture, improve land fertility and to reduce weed<br />
growth. <strong>Biodegradable</strong> mulch films are used in an eco-friendly manner to carry out agriculture with limited arable land to<br />
enhance crop quality by maintaining temperature.<br />
The growth of global biodegradable mulch films market can be attributed to factors such as depleting arable land with<br />
growing population and increased government regulations promoting usage of bio-based products. The key players in the<br />
market are investing in R&D to develop fully bio based mulch films. The lack of availability of such mulch films and high<br />
initial cost are the major restraints to the market growth.<br />
The global biodegradable mulch films market is poised to grow approximately at 7.6% CAGR during the forecast period.<br />
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<strong>Biodegradable</strong> <strong>Mulch</strong> <strong>Films</strong> <strong>Market</strong> Forecast To 2023<br />
<strong>Market</strong> Segmentation<br />
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<strong>Biodegradable</strong> <strong>Mulch</strong> <strong>Films</strong> <strong>Market</strong> Forecast To 2023<br />
Regional Analysis<br />
Asia Pacific dominated the global biodegradable mulch films market and accounted for around 60% of the market share in<br />
2015. The rising population has increased the demand of food in the region, which in turn drives the biodegradable mulch<br />
film market.<br />
It is followed by Europe, where the increasing adoption of bio-based products is expected to drive the market. During the<br />
forecast period, the region is expected to witness moderate growth.<br />
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Major Players<br />
BASF SE (Germany), RKW SE (Germany), AL-PACK Enterprises Ltd. (Canada), British Polythene Industries PLC (U.K.), Kingfa<br />
Science & Tech Co. Ltd. (China), BioBag International AS (Norway), AEP Industries Inc. (U.S.), Armando Alvarez (Spain),<br />
Novamont S.P.A. (Italy)and AB Rani Plast OY (Finland) are some of the leading players operating in this market.<br />
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