Biodegradable Mulch Films Market Is Estimated To Exhibit At USD 82.82 Million By 2030


 San Francisco, 3 Oct 2022: The Report Biodegradable Mulch Films Market Size, Share & Trends Analysis Report By Crop (Grains & Oilseeds, Flowers & Plants), By Raw Material (TPS, PLA, PHA, AAC), By Region (APAC, North America), And Segment Forecasts, 2022 - 2030

The global biodegradable mulch films market size is expected to reach USD 82.822 million by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.8% during the forecast period. An increase in the adoption of greenhouse applications and a rise in environmental concerns toward synthetic counterparts are anticipated to drive the market demand during the forecast period. The growing population along with declining agricultural land attributed to industrialization and urbanization have enforced farmers to improve productivity in the existing land holding.

Enhanced crop output by restraining weed growth, lower environmental impact, and maintaining temperature and moisture level of soil, are the advantages offered by these films, which are anticipated to drive the product demand. Government regulations concerning eco-friendly products, in North America and Europe, are expected to impact market growth positively over the foreseeable future. The rise in concerns regarding plastic mulch leftovers in the soil is anticipated to boost product penetration in the coming years. Biodegradable mulch films offer benefits to plastic compost, and eradicate the requirement for disposal & removal, and alleviate the negative impact on the environment.

Mulch films that are currently available in the market are not entirely bio-based and contain over 10% synthetic ingredients. In addition, concerns regarding biodegradable mulches that do not achieve 90% biodegradation within two years of tillage into the soil, are anticipated to hamper the market growth. Due to the above-mentioned factors, the available biodegradable mulch films are not accepted in certified organic systems in the U.S.Regulations regarding the use of biodegradable mulch films are being followed in regions like Europe, North America, and Asia, thus supporting the growth of the market. The development of biodegradable and bio-based polymer films is anticipated to create opportunities for market participants in the coming years.

Access Research Report of Biodegradable Mulch Films Market @ https://www.grandviewresearch.com/industry-analysis/biodegradable-mulch-films-market

Biodegradable Mulch Films Market Report Highlights

  • Thermoplastic Starch (TPS) dominated the raw material segment in 2021 and is anticipated to be the fastest CAGR from 2022 to 2030
  • The high demand may be due to the low cost and high starch availability. Starch is an abundantly available and inexpensive natural polymer that can produce a film structure, thereby leading to the popularity of TPS mulch films
  • The demand for grains and oilseed crops is expected to witness above-average growth in the coming years
  • The growing production of grains and oilseeds in the Asia Pacific region is anticipated to propel the demand for biofilms in the coming years
  • The Asia Pacific had the largest share in the global market in 2021. China was the leading biofilms consumer in the APAC regional market owing to the growing urbanization and industrialization, which has led to higher living standards and a rise in the demand for food products
  • The fruits & vegetables crop segment dominated the market in 2021 and is expected to retain its dominance throughout the forecast period

List of Key Players of the Biodegradable Mulch Films Market

  • BASF SE
  • Kingfa Sci & Tech Co. Ltd.
  • BioBag International AS
  • AEP Industries, Inc.
  • RKW SE
  • British Polythene Industries PLC
  • Armando Alvarez
  • Al-Pack Enterprises Ltd.
  • Novamont
  • AB Rani Plast OY

Access Press Release of Biodegradable Mulch Films Market @ https://www.grandviewresearch.com/press-release/global-biodegradable-mulch-films-market

 

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

Food Additives Market Size & Share Hit USD 55.53 Billion By 2022 : Grand View Research Inc.

Image
San Francisco, 17 October 2019:   The Report   Global Food Additives Market   Analysis By Product Flavors & Enhancers (Natural, Artificial), Sweeteners (High Intensity, HFCS), Enzymes, Emulsifiers (Mono, Di-Glycerides, Lecithin, Stearoyl Lactylates, Sorbitan Esters), Shelf-life Stabilizers, Fat Replacers (Protein, Starch)] And Segment Forecast To 2022 Global food additives market is expected to reach USD 55.53 billion by 2022, according to a new study by Grand View Research, Inc. Food & beverage industry growth in BRICS and Middle East on account of rising domestic consumption and increasing foreign direct investments is expected to augment market growth. Asia Pacific is expected to be one of the most promising markets on account of growing domestic consumption in China and India owing to population growth and new product launches by food & beverage manufacturers. Availability of raw materials such as sorbitol and lactic acid in China, Indonesia, and Malaysia in light o
Read more

Integration Platform as a Service Market Valuation Is Expected To Exceed USD 2.70 Billion By 2025: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Integration Platform as a Service (IPaaS) Market  Analysis By Integration Type (API, Process, Application, Data), By Services, By Deployment (Cloud, On-Premise, Hybrid) By Region, And Segment Forecasts, 2018 – 2025 The global integration platform as a service (IPaaS) market is expected to reach USD 2.705.8 million by 2025, according to a new report by Grand View Research, Inc. Rising need of advanced systems to improve the process of deploying, developing, and managing enterprise applications globally has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) within organizations’ processes also paved the way for greater development of IPaaS solutions. Integration Platform as a Service is an emerging technology where in the applications, process, data, and application programs are integrated. The integration enables enterprises to reduce the complexity
Read more