The global biodegradable mulch films market is expected to grow from USD 37.99 million 2017 to USD 65.56 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 8.11%.
"Paradigm shift towards Eco-friendly mulch filmsis one of the factors largely attributing to the growth of biodegradable mulch films market globally"
The factors attributing to the growth of the market are paradigm shift towards eco-friendly mulch films, rising demand of biodegradable mulch in the green house, increase application in the agriculture, and rising environmental concerns coupled with regulations. However, some factors such as lack of awareness among farmers, and high price of biodegradable mulch film may hinder the market growth. The global biodegradable mulch films market is expected to showcase the opportunities such as potential market in the asia pacific region, and use of thermoplastic starch in the biodegradable mulch film. In the near future, the market may face the possible challenges in the growth due to and high cost of biodegradable mulch film. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global biodegradable mulch films market market.
On the basis of crop type, the global biodegradable mulch films market is studied across Flowers & Plants, Fruits & Vegetables, and Grains & Oilseeds.
On the basis of type, the global biodegradable mulch films market is studied across Starch, Starch blended with Polyhydroxyalkanoate, Starch blended with Polyhydroxyhexanoate, and Starch blended with Polylactic Acid.
On the basis of application, the global biodegradable mulch films market is studied across Agricultural Farms and Horticulture.
On the basis of geography, the global biodegradable mulch films market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"BioBag International AS: The potential growing player for the global biodegradable mulch films market"
The key players profiled in the global biodegradable mulch films market are BioBag International AS, and Kingfa Sci. & Tech. Co., Ltd..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global biodegradable mulch films market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global biodegradable mulch films market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global biodegradable mulch films market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global biodegradable mulch films market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global biodegradable mulch films market.