A comprehensive analysis of the Biodegradable Mulch Film Market including market sizing, market share by competitor, market share by distribution channel, drivers, restraints, product pricing trends, industry quotations, company profiles and market forecasts to 2024 for global market.
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About Biodegradable Mulch Film Industry
In 2017, the global biodegradable mulch films market is led by Europe. North America is the second-largest region-wise market.
Currently, BASF, Novamont, Organix Solutions, BioBag and Plastiroll are major manufacturers of this industry. BASF is a global leader. In 2017, the production of BASF was 3978 tons, and the company held a share of 23.56%.
The high demand of thermoplastic starch in the biodegradable mulch films market can be attributed to its low cost, renewability, abundance, biodegradability, and availability from agricultural crops. Additionally, the environmental issues concerning the use of conventional synthetic polymers have shifted the focus of growers toward the adoption of biodegradable materials made from the renewable resources. This has driven the growth of thermoplastic starch in the biodegradable mulch film market.
Currently, biodegradable mulch films show very good advantages. However, higher prices limit the use of this product. The price of bioplastics is about 2 times higher than that of polyethylene. Most farmers and farms are more willing to use inexpensive polyethylene products. Therefore, biodegradable mulch films have low penetration in the mulch films industry. In Europe, biodegradable mulch films are a good trend and already occupy more than 10% of the market share. In China, India and other developing countries, the market share of biodegradable mulch film is less than 1%. At the same time, these countries do not have explicit policies to support this industry.
Polyethylene plastic mulch is widely used for crop production in worldwide, because it controls weeds, conserves soil moisture, increases soil temperature, improves crop yield and quality, has a relatively low cost, and is readily available. However, the sustainability of producing crops through the use of polyethylene mulch has been called into question because polyethylene mulch is made of non-renewable, petroleum-based feedstock, is generally only used for one growing season, and cannot be recycled in most regions. The high volume of waste generated by polyethylene mulches both in the field and in landfills raises many concerns. Biodegradable mulch film is a very good alternative.
Overall economic performance will continue to be the best indicator of future demand for biodegradable mulch films. Demand in most downstream markets is greatly influenced by general economic conditions. As a result, demand largely follows the patterns of the leading world economies. New European policies support the development of the industry. Asia-Pacific has a high growth potential for biodegradable mulch films. China is among the leading countries for biodegradable mulch films. India is also a country with great potential.
The worldwide market for Biodegradable Mulch Film is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Biodegradable Mulch Film in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Biodegradable Mulch Film market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Biodegradable Mulch Film market are:–
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Important application areas of Biodegradable Mulch Film are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Biodegradable Mulch Film market. The market study on Global Biodegradable Mulch Film Market 2018 report studies present as well as future aspects of the Biodegradable Mulch Film Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
Application of Biodegradable Mulch Film Market are:
Fruits & Vegetables
Product Segment Analysis of the Biodegradable Mulch Film Market is:
Starch Blend with PLA
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The scope of Biodegradable Mulch Film Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa],
South America [Brazil, Argentina, Columbia, Chile, Peru])
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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Research objectives of Biodegradable Mulch Film Market:
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
Key Benefits of having Biodegradable Mulch Film Market Report
• This report will help to develop Business Strategies by understanding the trends shaping and driving Biodegradable Mulch Film market
• Organize sales and marketing efforts by identifying the best opportunities for Biodegradable Mulch Film market
• To understand the future market competition in the Biodegradable Mulch Film market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Report Price: USD 3480
No of Pages in Biodegradable Mulch Film Market: 123
Analysis & Forecast Time Period: 2015-2024
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