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Biodegradable Mulch Film Market Scope and overview, Challenges and Opportunities for Stakeholders with Detailed Analysis and Forecast 2022-2031

Mulching is a beneficial technique applied in agricultural fields to cover the topsoil in order to provide a conducive environment for crop production. In this practice, a physical barrier is created to decrease evaporation of soil water. Mulching can be done by use of organic and inorganic materials. This technique is highly advantageous as it assists in weed control, maintains oil structure, and prevents crops from soil contamination.

Organic materials used for this process are derived from flora and fauna. Waste produced by organic mulching or biodegradable mulching need not be disposed like in case of waste produced by inorganic mulching. This waste is transformed into carbon dioxide, methane, water, or biomass at the end of its shelf life, thereby benefiting the agricultural soil.

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Harmful effects caused by use of inorganic mulching materials on the environment drive the biodegradable mulch films market. Moreover, the stringent government regulations related to acceptable emission levels of mulching materials boosts the growth.

However, the high installation cost of biodegradable mulch films impedes this probable growth. Nevertheless, the global population growth leading to high demand for crop production is expected to offer a major growth opportunity for market expansion.

The global biodegradable mulch film market is segmented based on raw material type, crop type, and region. Based on raw material type, it is divided into starch, polylactic acid, polyhydroxyalkanoate, and others. The crop type segment includes fruits & vegetables, grains & oilseeds, and flowers & plants. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The major players profiled in this study are as follows:

BASF SE
Biobag International As
RKW Group
AEP Industries Inc.
Dow Chemical Company
British Polyethylene Industries Plc
Armando Alvarez Group
Al-Pack Enterprises Ltd.
Novamont
Xinfu Pharmaceutical

KEY BENEFITS FOR STAKEHOLDERS

The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global biodegradable mulch film market to elucidate the prevailing opportunities.
It offers qualitative trends and quantitative analysis from 2016 to 2023 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments helps in locating the attractive markets and their end users.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies.
The key players are profiled along with their strategies & developments to understand the competitive outlook of the industry.

COVID-19 Impact

The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Biodegradable Mulch Film Market also experienced a slowdown. Statista estimates that the chemical industry’s total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the chemical industry generated revenues of US$ 5.4 trillion at a record high.

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The degree of competition among prominent global companies has been developed by analyzing several leading chemical market, including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.

KEY MARKET SEGMENTS

By Raw Material Type

Starch
Polylactic Acid (PLA)
Polyhydroxyalkanoate (PHA)
Others

By Crop Type

Fruits & Vegetables
Grains & Oilseeds
Flowers & Plants

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By Region

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest of LAMEA

KEY PLAYERS

AB Rani Plast Oy
Kingfa Sci & Tech Co Ltd.
Ira Agrotech & Research Pvt. Ltd.
The Barbier Group
Saurya Poly Pack

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Key questions answered in the Biodegradable Mulch Film Market report are:

How does a global company acquire markets?

What are its core strategies and policies?

What factors will influence the chemical market over the forecast period?

What are the factors driving and restraining the market for chemicals?

What are the leading competitors in the global market?

Which region is growing at a higher pace in the global market?’

This report covers aspects of the regional analysis market.

The report includes data about North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

This report analyzes current and future market trends by region, providing information on product usage and consumption.

Reports on the market include the growth rate of every region, based on their countries over the forecast period.

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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Updated : 2022-05-21 05:26 GMT+08:00