Biodegradable Mulch Film Market to Reach $64 Million by 2023 – AEP Industries Inc., Armando Alvarez Group, RPC bpi Group, RKW Group And Others

The growth of the market is mainly driven by increasing population, awareness regarding the adverse effects of inorganic materials, and stringent environment norms.

Biodegradable mulch films are used to cover the top soil in order to provide a conducive environment for crop production and have become important for soil preservation. Thus, the biodegradable mulch film market is booming, as farmers are resorting to the use of these films to retain the quality of soil, thereby, driving the market growth.

On the basis of raw material, the biodegradable mulch film market is segmented into starch, polylactic acid, polyhydroxyalkanoate (PHA), and others. Of these, the fastest growth during the forecast period will be seen by PHA.

On the basis of crop type, the biodegradable mulch film market is segmented into fruits and vegetables, grains and oil seeds, and flowers and plants. Among these, the fruits and vegetables category is expected to be the fastest growing crop type during the forecast period.

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Globally, Asia-Pacific has been the largest biodegradable mulch film market till now. Its high consumption of in the region is attributed to the increasing population, which is creating a need to produce more crops. Apart from this, with the rise in population, the land is becoming scarce, thus compelling farmers to reuse their land for agricultural purpose. All these factors are driving the demand of these films.

Europe has been the second largest biodegradable mulch film market globally. In the European mulch films market, 95% of inorganic mulching includes the use of fossil-based and non-biodegradable materials that are mostly manufactured outside the region. According to Agriculture Plastics Environment, Europe generated approximately 15,000 tons of waste in 2016 that remained on agricultural land. This accumulation of inorganic mulching waste in the agricultural field led to harmful effects on plant growth and crop yields. These increasing adverse effects on the environment compel manufacturers and farmers to adopt these films.

Some of the major players operating in the biodegradable mulch film industry are AEP Industries Inc., AL-PACK Enterprises Ltd., Armando Alvarez Group, BioBag International AS, RPC bpi Group, Novamont S.p.A., RKW Group, and Yifan Pharmaceutical.

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GLOBAL BIODEGRADABLE MULCH FILM MARKET SEGMENTATION

By Raw Material

  • Starch
  • Polylactic Acid
  • PHA
  • Others

By Crop Type

  • Fruits & Vegetables
  • Grains & Oilseeds
  • Flowers & Plants

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  •  Latin America, Middle East and Africa (LAMEA)
    • Brazil
    • Argentina
    • South Africa
    • Rest of LAMEA

 

Other Published Report By P&S Market Research

Bio-Based Polyethylene Terephthalate (PET) Market

Polymer Concrete Market

 

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