Global Biodegradable Mulch Films Market by Raw Material (PHA, AAC, PLA, TPS), by Crop Type (Grains & Oilseeds, Flowers & Plants, Fruits & Vegetables) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

In 2015, the global market for biodegradable mulch film was valued at USD 33.5 millions. The market is expected to grow over the next eight year due to rising demand for greenhouse applications and growing environmental concerns about synthetic alternatives. Farmers have had to improve their productivity due to a growing population and shrinking agricultural land as a result of rapid urbanization.

These films offer many benefits, including a lower environmental impact, increased crop yield, inhibiting weed growth, and maintaining soil moisture levels. They are expected to be in high demand during the forecast period. Market growth will be influenced by favorable government regulations, particularly in Europe and North America, regarding the use of eco-friendly products.

Over the next eight year, product penetration will increase due to rising concerns about plastic mulch residues in soil. Biodegradable mulch films offer many benefits and can be removed and disposed of without causing any environmental damage. These raw materials are used to make biodegradable mulch films.

Microorganisms use fermentation to convert the raw materials into lactose. Some of these raw materials, however, have poor mechanical properties such as brittleness. After the raw materials have been converted to lactic acid, they can be linked together into biopolymers.

Raw Material Insights

Thermoplastic starch (TPS), which was the most popular raw material segment in 2015, is expected to see the fastest CAGR at 7.7% between 2016 and 2024. The low cost and availability of starch is what drives high demand. When placed in soil, thermoplastic Starch becomes harmless. Biodegradable materials made of renewable resources are in high demand due to rising environmental concerns about conventional synthetic polymers that are used in product manufacturing.

TPS is prepared from starch. It flows at elevated temperatures and pressures. Biofilms made from starch and polylactic acid (PLA), will experience high growth with a CAGR at 7.6% between 2016-2024. Producing a mulching film that is truly biodegradable will reduce the disposal and labor costs of agricultural producers. The PLA/starch polymeric mix is made up of 99% bio-based materials. It is expected to replace petroleum-derived Polyethylene films (PE) over the forecast period.

Insights on Crop Type

In 2015, 51.05% of global demand was for fruits & vegetables. This sector is expected to experience the fastest CAGR at 7.8% between 2016 and 2024. This is due to the ease-of-use of the perennial crops.

Biodegradable mulch film reduces fruit rot by preventing fruit contact with soil. It also improves product quality. The demand for biofilms in oil and grain is expected to grow steadily over the next few decades. It is estimated that it will reach USD 20.3 millions by 2024. Biofilms demand will rise as a result of increased grain and oileed production, especially in the Asia Pacific region.

Regional Insights

Asia Pacific dominated the global market for biodegradable mulch film films in 2015, accounting for 64.1%. China was the largest consumer due to its rapid industrialization and urbanization, which has led to an increase in living standards and a rise in demand of food products. In 2015, the European product demand was valued at USD 5.33million. Europe is expected to see moderate growth due to the increasing use of eco-friendly products. These mulch films are a sustainable mulching option and do not need to be disposed of. They are highly in demand.

Over the forecast period, Middle East & Africa will experience an average growth rate. The demand for product in South Africa is expected to grow due to technological advances and the implementation of horticulture techniques that increase crop yield. The region's growing demand for plastic film alternatives in agriculture and horticulture will drive the market in the future.

Market Share in Biodegradable Mulch Films

AEP Industries, Inc. and Ab Rani PlastOy are major players in this market. ; Al-Pack Enterprises Ltd., RKW SE, BASF SE and BioBag International AS. British Polythene Industries PLC. Novamont S.p.A. Armando Alvarez. Kingfa Sci & Tech Co. Ltd.

Up Market Research published a new report titled “Biodegradable Mulch Films Market research report which is segmented by Raw Material (PHA, AAC, PLA, TPS), by Crop Type (Grains & Oilseeds, Flowers & Plants, Fruits & Vegetables), By Players/Companies Inc; Ab Rani PlastOy; Al-Pack Enterprises Ltd; RKW SE; BASF SE; BioBag International AS; British Polythene Industries PLC; Novamont SpA; Armando Alvarez; and Kingfa Sci & Tech Co Ltd, AEP Industries”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Biodegradable Mulch Films Market Report Segments:

The market is segmented by Raw Material (PHA, AAC, PLA, TPS), by Crop Type (Grains & Oilseeds, Flowers & Plants, Fruits & Vegetables).

Biodegradable Mulch Films Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Biodegradable Mulch Films Market

Overview of the regional outlook of the Biodegradable Mulch Films Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Biodegradable Mulch Films Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Biodegradable Mulch Films Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. PHA

                2. AAC

                3. PLA

                4. TPS

                1. Grains & Oilseeds

                2. Flowers & Plants

                3. Fruits & Vegetables

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Biodegradable Mulch Films Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
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Reasons to Purchase the Biodegradable Mulch Films Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.