Biodegradable Mulch Films Market Size is expected to increase at a compound yearly growth rate of 8.1% from 2024 to 2034

Biodegradable Mulch Films Market Size is expected to increase at a compound yearly growth rate of 8.1% from 2024 to 2034

  • The market for biodegradable mulch films market is expected to increase at a compound yearly growth rate of 8.1% from 2024 to 2034, from its estimated valuation of USD 63.8 million in 2023 to USD 150.28 billion by that time. By improving soil conditions, controlling weeds, and conserving moisture, biodegradable mulch films are primarily used to boost crop development and yield.

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GROWTH DRIVERS

  • As environmental issues garner more attention globally, there is a strong push for sustainable agricultural practices. The use of biodegradable mulch films is rising as a result of pressure on farmers and agribusinesses to lessen their environmental effect. These films are a sustainable alternative to traditional plastic mulch, which pollutes soil and causes other environmental issues.
  • Advances in material technology have significantly enhanced the performance and longevity of biodegradable mulch films. These products are now more effective for various agricultural uses thanks to breakthroughs like polylactic acid (PLA) and thermoplastic starch (TPS).

Competitive Landscape:

A wide variety of well-established and up-and-coming businesses make up the global market for biodegradable mulch films. These businesses are all working to increase their market share through a variety of tactics, including product development, strategic partnerships, regulatory compliance, offering diversification, international expansion, and the use of cutting-edge technologies.

Businesses are spending a lot of money on research and development (R&D) to create novel biodegradable mulch films that cater to the unique requirements of various crops and farming methods. This entails producing films that operate better in a range of climates and have increased durability and degradation rates.

MARKET SEGMENTATION:

By Biodegradable Material Type -

·?????????Thermoplastic Starch (TPS)

·?????????Polylactic acid (PLA)-Blended Starch

·?????????Starch Blended with Polyhydroxyalkanoates (PHAs)

·?????????Aliphatic-Aromatic Copolyesters (AAC)

·?????????Others

By Composition Type -

·?????????Starch

·?????????Starch Blended with Polylactic Acid (PLA)

·?????????Starch Blended with Polyhydroxyalkanoate (PHA)

·?????????Others [Starch Blended with Polyhydroxyhexanoate (PHH), Starch Blended with Polylactic Acid Aliphatic Copolymer (CPLA)]

By Crop Type -

·?????????Fruits and Vegetables

·?????????Grains and Oilseeds

·?????????Flowers and Plants

By Film Color -

·?????????Black

·?????????Natural/Clear

·?????????White/Black

·?????????Silver/Black

·?????????Others (Photoselective)

By Region -

·?????????North America

·?????????Europe

·?????????Asia Pacific

·?????????Latin America

·?????????Middle East & Africa

Key Players:

·?????????BioBag International AS

·?????????Armando Alvarez Group

·?????????Novamont S.p.A.

·?????????Kingfa Sci & Tech Co Ltd

·?????????Barbier Group

·?????????Dubois Agrinovation

·?????????British Polythene Industries PLC

·?????????FKuR

·?????????SUKI CREATIONS PVT. LTD.

·?????????Tilak Polypack

·?????????Other Key & Niche Players

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