“Global Mulch Film Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global mulch film market report has been segmented on the basis of type, application, material type, and region.
Global Mulch Film Market: Overview
Mulch films are used to retain moisture in the soil and maintain temperature, improve crop yield, providing nutrients, ultraviolet (UV) ray protection, limit weed growth, and to reduce soil erosion. This advanced technique is becoming popular day-by-day and is being adopted by the agro-based economy.
Global Mulch Film Market: Dynamics
Increasing adoption of mulching technology in agriculture and efficient water use techniques are estimated to drive the mulch film market over the forecast period. In addition, rising demand for food due to the increasing population and cultivable land is anticipated to drive the target market over the next ten years. Furthermore, technological advancements in farming coupled with growing awareness regarding crop wastage reduction are expected to have a positive influence on the mulch film market. Moreover, increasing government awareness programs to adopt advanced farming techniques in developing countries is expected to create a new opportunity for players operating in the target market.
However, the high cost of installation and harmful effects of plastics on the environment may hamper growth of the mulch film market. A recent trend observed in the target market is manufacturers across the globe are focusing to develop mulch films from biodegradable plastics. In 2017, Walki Group Oy has manufactured a new soil mulching solution for the purpose of weed control and to improve soil conditions.
Global Mulch Film Market: Segment Analysis
Among the type segments, the black mulch segment is projected to account for major revenue shares in the global market.
Among the application segments, the horticulture segment is estimated to account major revenue share in the global market and is anticipated to maintain its dominance over the forecast period.
Among the material type segments, the polyhydroxyalkanoates segment dominates the global market and expected to witness considerable growth over the forecast period.
Global Mulch Film Market: Region Analysis
The market in the Asia Pacific is expected to account for a major share in terms of revenue in the global market, owing to the high agricultural production in countries in the region. In addition, ready acceptance of advanced agricultural technology is expected to propel growth of the target market. Moreover, increasing demand for eco-friendly products, high research & development activities, and favorable government support are some factors expected to fuel growth of the target market.
The market in Europe expected to witness lucrative growth in the near future, followed by North America, owing to rising food safety concerns, rising health consciousness among public, and increasing usage of the product to enhance the yield. Furthermore, markets in the Middle East and Africa and Latin America are likely to witness a growth owing to increasing export activities of vegetables which are projected to contribute towards the increasing demand for biodegradable mulch films.
Global Mulch Films Market Segmentation:
Segmentation by Type:
- Polypropylene & Polyethylene
Segmentation by Application:
- Agricultural Farms
Segmentation by Material Type:
- Low-Density Polyethylene (LDPE)
- Linear Low-Density Polyethylene (LLDPE)
- High-Density Polyethylene (HDPE)
- Ethylene-Vinyl Acetate (EVA)
- Polylactic Acid (PLA)
- Polyhydroxyalkanoates (PHA)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BASF SE
- Berry Group Inc.
- The DOW Chemical Company
- RKW Group
- AEP Industries Inc.
- Armando Alvarez
- Al-Pack Enterprises Ltd
- Ab Rani PLAst Oy
- British Polythene Industries PLC
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