What is Mulch Films Market Scope?
Mulch film is used in agriculture, which prevents the soil from drying out, preventing weeds from going, as well as regulating the temperature. It is made up of various material such as shredded bark, whole bark nuggets, sawdust, shells, wood chips, grass clippings, leaves, hay, straw, and others. It is used to limit weed growth, prevent moisture loss, limit weed growth and others. It is extensively used for weed reduction, whereas polypropylene is employed for perennials. Numerous advantageous of using mulch film in agriculture, such as Improved crop quality, Water retention, minimization of weed spread, soil disinfection before sowing, soil temperature control, and others. Rising global population worldwide and increasing crop productivity demand with decreasing arable land are some of the major drivers which are propelling the growth of the market. The global Mulch film market to grow at a CAGR of 7.4% during the forecast period
The Mulch Films market study is being classified by Type (Clear/Transparent, Black, Colored and Degradable), by Application (Clear/Transparent, Black, Colored and Degradable) and major geographies with country level break-up.
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global mulch film market can witness an upsurge in the forecast period Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Mulch Films market throughout the predicted period.
BASF SE (Germany), British Polythene Industries PLC (United Kingdom), AEP Industries Inc. (United States), Armando Alvarez Group (Spain), Berry Plastics Corporation (United States), Hyplast NV (Belgium), Plastika Kritis S.A (Greece), Britton Group (United Kingdom) and ExxonMobil Chemical (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Ab Rani Plast Oy (Finland), The Dow Chemical Company (United States), Kuraray Group (Japan), Group Barbier (France), Trioplast AB (Sweden) and Novamont S.p.A. (Italy).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Mulch Films market by Type, Application and Region.
On the basis of geography, the market of Mulch Films has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On August 2016, the Berry Plastics Group Inc. (United States) had agreed to buy flexible plastic packaging films maker AEP Industries Inc. (United States). This acquisition has helped the company to expand its product portfolio of the company
On March 2010, the MKV Dream Co., Ltd (Japan) had launched sales of biodegradable mulch film for agriculture. This strategy will help in strengthening the position of the company
On July 2018, as per an article published by European Bioplastics E.V., a new European standard EN 17033 on biodegradation of plastic mulch films in agriculture, which is developed by CEN-Technical Committee 249 on Plastics
Influencing Market Trend
- Technological Advancement in Modern Mulch Films
- Increasing Demand for Quality Crops Worldwide
Market Drivers
- Rising Global Population Worldwide
- Adverse Environmental Effects of Inorganic Materials
- Stringent Environmental Norms and Enhanced Use of Solar Energy to Control Crop Pests
Opportunities
- Mounting Demand from Emerging Economics such as India, China and others
- Increased Use of Degradable Films Globally
Restraints
- Growth in the Population Has Led to a Decrease in the Average Landholding per Farmer
- Adverse Effects of Plastics on the Environment
Challenges
- High Installation Cost of these Films
Key Target Audience
Raw material suppliers, R&D institutes, Technology providers, Mulch film manufacturers/suppliers, Plastic film manufacturers/suppliers/processors, Intermediary suppliers, Wholesalers, Dealers, Retailers and End users
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