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The Biodegradable Mulch Market’s course is chiefly directed by factors like the increasing regulations by the governments, which promote the use of bio-based products. With the depletion of arable land due to the ever-increasing population, the demand for biodegradable mulch films has increased in the recent past.
Segmental Analysis
The global Biodegradable Mulch Market is segmented on the basis of biodegradable plastic and composition.
By biodegradable plastic, the global Biodegradable Mulch Market is segmented into aliphatic-aromatic copolyesters (AAC), thermoplastic starch (TPS), and controlled degradation masterbatches. Among these, the TPS segment is likely to create high demand due to its renewability, low cost, biodegradability, and high availability from agricultural crops.
The market is segmented into starch, starch blended with polyhydroxyalkanoate (PHA), and starch blended with polylactic acid (PLA) based on composition. Among these, the starch segment is likely to gain prominence due to its low cost, widespread availability.
Regional Frontiers
Considering the global scenario, APAC dominated the global market and acquired a share of 60% in 2015. The region is estimated to retain its growth owing to the ever-increasing population, which has increased the demand for food in the region. The rising demand for crop production from countries like China, India, South Korea, and others has fueled the growth of the market. The increasing concerns regarding the environment owing to the use of the inorganic mulching techniques is likely to trigger the demand from biodegradable mulch film market in the region.
Europe bags the second position in the global market due to the increased adoption of bio-based products. Increased greenhouse agriculture, uncertain climatic conditions, and rising requirements for horticulture and floriculture are some of the factors driving the regional market.
Competitive Dashboard
The top players dominating the global Biodegradable Mulch Market include RKW SE (Germany), BASF SE (Germany), British Polythene Industries PLC (U.K.), AL-PACK Enterprises Ltd. (Canada), BioBag International AS (Norway), Kingfa Science
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