Biodegradable Mulch Films Market Share| COVID-19 Analysis

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Biodegradable mulch films reduce the ecological footprint. This, is noted to boost the growth of its global market. Benefits such as maintaining soil temperature, accelerated cultivation cycle, and long term sustainability are expected to favor the market growth. Biodegradable mulch films are gaining popularity in farming practices due to its ability to enhance soil fertility by keeping nutrient supply close to the plant. In addition, mulch films cut down water intake by plants. Thus, in case in situations such as low rainfall, these films can be of great importance. Moreover, biodegradable mulch film can also streamline the process of irrigation.

Segmental Overview

The global market of Biodegradable Mulch Films Market Share has been segmented by biodegradable plastic and composition. By composition, the market has been segmented into Starch, Starch Blended With Polyhydroxyalkanoate (PHA), and Starch Blended With Polylactic Acid (PLA). By biodegradable plastic, the market has been segmented into Thermoplastic Starch (TPS), Controlled Degradation Masterbatches, and Thermoplastic Starch (TPS).

Regional Outlook

Regionally, the global Biodegradable Mulch Films Market Share has been studied across Asia-Pacific, North America, Europe, and the Rest Of The World (RoW).

The market in the Asia Pacific region is expected to grow at the highest rate in the coming years. The expansion of the population base is driving the need for increase in food production. Hence, the APAC Biodegradable Mulch Films Market Share is expected to generate high revenue over the review period. MRFR states that APAC market is likely to lead in the global Biodegradable Mulch Films Market Share. As organic farming is being practiced extensively in Europe, the increase in adoption of bio-based products is noted. MRFR states, that the Europe market is expected to gain high revenue owing to the same. In North America, lack of agricultural soil can spur the regional market growth.

Key Players

BASF SE (Germany), RKW SE (Germany), AL-PACK Enterprises Ltd. (Canada), British Polythene Industries PLC (U.K.), Kingfa Science & Tech Co. Ltd. (China), BioBag International AS (Norway), AEP Industries Inc. (U.S.), Armando Alvarez (Spain), Novamont S.P.A. (Italy)and AB Rani Plast OY (Finland) are some of the leading players that are operating in the market.