Pune, India -- (SBWire) -- 06/27/2018 --Biodegradable Mulch Films Market Synopsis

Mulch is a layer of material used to cover the surface of soil to conserve moisture, improve land fertility and to reduce weed growth. Biodegradable mulch films are used in an eco-friendly manner to carry out agriculture with limited arable land to enhance crop quality by maintaining temperature.

The growth of global biodegradable mulch films market can be attributed to factors such as depleting arable land with growing population and increased government regulations promoting usage of bio-based products. The key players in the market are investing in R&D to develop fully bio based mulch films. The lack of availability of such mulch films and high initial cost are the major restraints to the market growth.

The global biodegradable mulch films market is poised to grow approximately at 7.6% CAGR during the forecast period.

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Drivers and Restrains

The major factors driving the global biodegradable mulch film market are the increasing population resulting in shrinking arable land and government regulations promoting the usage of bio-based products. Also, biodegradable mulch films do not produce any harmful waste having lower environmental impact with easy disposal.

Despite the market having significant potential in developing nations, the high initial cost has become a major concern, thus restricting the implementation of biodegradable mulch films. Furthermore, the usage of machines to level and shape the soil for applying the biodegradable mulch films, adds to the cost.

Key Players:

BASF SE (Germany), RKW SE (Germany), AL-PACK Enterprises Ltd. (Canada), British Polythene Industries PLC (U.K.), Kingfa Science & Tech Co. Ltd. (China), BioBag International AS (Norway), AEP Industries Inc. (U.S.), Armando Alvarez (Spain), Novamont S.P.A. (Italy)and AB Rani Plast OY (Finland) are some of the leading players operating in this market.

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Market Research Analysis

Based on biodegradable plastic, the market is segmented as Thermoplastic Starch (TPS), Aliphatic-Aromatic Copolyesters (AAC) and Controlled Degradation Masterbatch, out of which, thermoplastic starch (TPS) is expected to account for majority of the share. With the rising environmental issues related to the use of conventional synthetic polymers, farmers have shifted focus towards materials produced from renewable sources.

On the basis of composition, the market is bifurcated as Starch, Starch Blended with Polylactic Acid (PLA) and Starch Blended with Polyhydroxyalkanoate (PHA). Starch segment is expected to dominate the market as it is abundant and an inexpensive natural polymer that can produce a film structure.

Asia-Pacific is expected to dominate the global biodegradable mulch films market with highest CAGR, owing to the government regulations promoting the usage of bio-based products.

Scope of the Report

This study provides an overview of the global biodegradable mulch films market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global biodegradable mulch films market by biodegradable plastic, composition and region.

By Biodegradable Plastic
- Thermoplastic Starch (TPS)
- Aliphatic-Aromatic Copolyesters (AAC)
- Controlled Degradation Masterbatches

By Composition
- Starch
- Starch Blended With Polylactic Acid (PLA)
- Starch Blended With Polyhydroxyalkanoate (PHA)

By Region
- Asia Pacific
- North America
- Europe
- Rest of World

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