Biodegradable Mulch Film Market Overview
As per Roots Analysis, the global biodegradable mulch film market size is estimated to grow from USD 69.46 million in the current year USD 153.24 million by 2035, at a CAGR of 8.23% during the forecast period, till 2035.
The opportunity for biodegradable mulch film market has been distributed across the following segments:
Type of Raw Material
- Aliphatic Aromatic Copolyesters (AAC)
- Starch Blended with Polyhydroxyalkanoate (PHA)
- Starch Blended with Polylactic Acid (PLA)
- Thermoplastic Starch (TPS)
Type of Crop
- Flowers & Plants
- Fruits & Vegetables
- Grains & Oilseeds
Type of Enterprise
- Large Enterprises
- Small and Medium Enterprises
- Geographical Regions
Geographical Regions
- North America
- US
- Canada
- Mexico
- Other North American countries
- Europe
- Austria
- Belgium
- Denmark
- France
- Germany
- Ireland
- Italy
- Netherlands
- Norway
- Russia
- Spain
- Sweden
- Switzerland
- UK
- Other European countries
- Asia
- China
- India
- Japan
- Singapore
- South Korea
- Other Asian countries
- Latin America
- Brazil
- Chile
- Colombia
- Venezuela
- Other Latin American countries
- Middle East and North Africa
- Egypt
- Iran
- Iraq
- Israel
- Kuwait
- Saudi Arabia
- UAE
- Other MENA countries
- Rest of the World
- Australia
- New Zealand
- Other countries
Biodegradable Mulch Film Market: Growth and Trends
Biodegradable mulch films serve as environmentally friendly substitutes for conventional plastic mulch films and are designed to naturally break down over time, which aids in minimizing the ecological impact of plastic waste. These films are mainly utilized in agricultural practices, such as weed management, moisture retention in the soil, and boosting crop yields, while also eliminating the necessity of film disposal after harvest, unlike traditional plastic mulch film.
The market is witnessing substantial growth fueled by the rising awareness of environmental sustainability and the harmful effects of plastic waste on ecosystems. Furthermore, lawmakers globally are enacting regulations on plastic usage in agriculture, encouraging the shift towards biodegradable options. The growing demand for sustainable agricultural practices, the necessity for improved soil health, and the aim to decrease reliance on single-use plastics are additional factors propelling the market's expansion.
Biodegradable Mulch Film Market: Key Segments
Market Share by Type of Raw Material
Based on type of raw material, the global biodegradable mulch film market is segmented into aliphatic aromatic copolyesters (AAC), starch blended with polyhydroxyalkanoate (PHA), starch blended with polylactic acid (PLA) and thermoplastic starch (TPS) According to our estimates, currently, the thermoplastic starch (TPS) sub-segment captures the majority of the market share. This is due to its capacity to break down into harmless substances when buried in soil. Additionally, the rising environmental issues related to the use of traditional synthetic polymers in agricultural film production are prompting a shift towards biodegradable materials.
Market Share by Type of Crop
Based on type of crop, the global biodegradable mulch film market is segmented into flowers & plants, fruits & vegetables and grains & oilseeds. According to our estimates, currently, the fruit & vegetables segment captures the majority of the market share. This increase can be attributed to the use of biodegradable mulch film, which minimizes fruit rot by keeping the fruit away from the soil, thereby enhancing product quality.
Market Share by Geographical Regions
Based on geographical regions, the biodegradable mulch film market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently Asia captures the majority share of the market, owing to its robust agricultural base and the rising focus on sustainable farming techniques. Significant agricultural nations such as India, Thailand, and Vietnam heavily depend on plastic mulch to enhance crop production and reduce soil erosion.
Example Players in Biodegradable Mulch Film Market
- AB Rani Plast
- AEP Industries
- AL-PACK Enterprises
- Armando Alvarez
- Balson Polyplast
- BASF SE
- BioBag International
- British Polythene Industries
- Kingfa Sci & Tech
- Novamont
- Olive Industries
- Organix
- RKW
- Shanghai Yifu Packing Products
- SOLOS POLYMERS
- Tilak Polypack
- Ved Industries
Biodegradable Mulch Film Market: Research Coverage
The report on the biodegradable mulch film market features insights on various sections, including:
- Market Sizing and Opportunity Analysis: An in-depth analysis of the biodegradable mulch film market, focusing on key market segments, including [A] type of raw material, [B] type of crop, [C] type of enterprise, and [D] geographical regions.
- Competitive Landscape: A comprehensive analysis of the companies engaged in the biodegradable mulch film market, based on several relevant parameters, such as [A] year of establishment, [B] company size, [C] location of headquarters and [D] ownership structure.
- Company Profiles: Elaborate profiles of prominent players engaged in the biodegradable mulch film market, providing details on [A] location of headquarters, [B] company size, [C] company mission, [D] company footprint, [E] management team, [F] contact details, [G] financial information, [H] operating business segments, [I] portfolio, [J] moat analysis, [K] recent developments, and an informed future outlook.
- Megatrends: An evaluation of ongoing megatrends in the biodegradable mulch film industry.
- Patent Analysis: An insightful analysis of patents filed / granted in the biodegradable mulch film domain, based on relevant parameters, including [A] type of patent, [B] patent publication year, [C] patent age and [D] leading players.
- Recent Developments: An overview of the recent developments made in the biodegradable mulch film market, along with analysis based on relevant parameters, including [A] year of initiative, [B] type of initiative, [C] geographical distribution and [D] most active players.
- Porter's Five Forces Analysis: An analysis of five competitive forces prevailing in the biodegradable mulch film market, including threats of new entrants, bargaining power of buyers, bargaining power of suppliers, threats of substitute products and rivalry among existing competitors.
- SWOT Analysis: An insightful SWOT framework, highlighting the strengths, weaknesses, opportunities and threats in the domain. Additionally, it provides Harvey ball analysis, highlighting the relative impact of each SWOT parameter.
- Value Chain Analysis: A comprehensive analysis of the value chain, providing information on the different phases and stakeholders involved in the biodegradable mulch film market.
Key Questions Answered in this Report
- How many companies are currently engaged in biodegradable mulch film market?
- Which are the leading companies in this market?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
Reasons to Buy this Report
- The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
- Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
- The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
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