Jun 30, 2022 SOURCE: BusinessWire

Global Biodegradable Mulch Film Market Report 2022: Market to Reach $71.9 Million by 2027 - Developing Regions to Spearhead Future Growth - ResearchAndMarkets.com

The "Biodegradable Mulch Film - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Biodegradable Mulch Films Market to Reach $71.9 Million by 2027

The global market for Biodegradable Mulch Films estimated at US$43.8 Million in the year 2020, is projected to reach a revised size of US$71.9 Million by 2027, growing at a CAGR of 7.3% over the analysis period 2020-2027.

Starch, one of the segments analyzed in the report, is projected to record a 8% CAGR and reach US$27.3 Million by the end of the analysis period.

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Starch Blended With Pla segment is readjusted to a revised 6.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.4 Million, While China is Forecast to Grow at 8% CAGR

The Biodegradable Mulch Films market in the U.S. is estimated at US$7.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$15 Million by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.

Starch Blended With PHA Segment to Record 7.3% CAGR

In the global Starch Blended With PHA segment, USA, Canada, Japan, China and Europe will drive the 6.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.8 Million in the year 2020 will reach a projected size of US$10.8 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$17.3 Million by the year 2027.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
An Introduction to Biodegradable Mulch Films
What is Mulch?
Biodegradable Mulch Film
Imperative Need to Increase Agricultural Yield and Address Environmental Concerns Fuels Demand
Starch Based Biodegradable Mulch Films: The Largest Segment
Developing Regions to Spearhead Future Growth
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 40 Featured)

Armando Alvarez Group
BASF SE
BioBag International AS
Dubois Agrinovation
Ira Agrotech & Research Pvt. Ltd.
Iris Polymers Industries Pvt. Ltd.
Kingfa Sci. & Tech. Co., Ltd.
Novamont SpA
Organix Solutions
PLASTIKA KRITIS S.A.
Plastiroll Oy Ltd
RKW SE
Robert Marvel Plastic Mulch LLC
The Barbier Group (France).

3. MARKET TRENDS & DRIVERS

Rising Demand for Agricultural Commodities to Meet the Needs of Expanding Global Population to Bolster Market Demand
Food Demand Growth Worldwide - Demand Growth in Million Tonnes for Cereals and Sugar in Select Regions
Shrinking Arable Land and the Need to Improve Agricultural Efficiency and Yield Enhances Significance of Biodegradable Mulch Films
Loss of Arable Land Exerts Immense Pressure on Yields Per Acre
Environmental Concerns Related to Use of Plastic Mulch Films Fuels Shift towards Biodegradable Alternatives
With Plastic Mulching Contributing to Increase in Agricultural Waste Accumulation, Focus Shifts to Biodegradable Mulch Films
Concerns over Increasing Agricultural Plastic Waste Turns Attention to Biodegradable Variants: Global Percentage Breakdown of Plastic Waste Generation by End-Use Sector for 2019
Global Man Made GHG Emissions: Percentage Breakdown of GHG Emissions by Sector
Expanding Greenhouse Market Presents Growth Potential for Biodegradable Mulch Films
Organic Farming: A Potential Opportunity for Biodegradable Mulch Films
Impact of Biodegradable Plastic Mulch Films on Soil Microbial Communities and Ecosystem Functions
New EU Standard to Steer Use of Biodegradable Mulch Films in Agriculture
Paper Mulch Emerges as a Promising BDM to Control Nutsedge Weed in Vegetable Production
Concerns over Micro- and Nanoplastics in Soil: Is Biodegradable Mulch a Solution?
Starch-Based Antibacterial Nanocomposites Hold Promise as Biodegradable Mulch Films
Grow Bioplastics to Develop Lignin-based Mulch Films
Ukrainian Researchers Develop Biodegradable Mulch Film