The global biodegradable mulch films market value is expected to reach US$64.3 mln by 2024, according to a report by Grand View Research. Growing population coupled with depleting arable land is anticipated to drive the market growth over the next eight years. Biodegradable mulch films are used to enhance crop quality by suppressing weed growth and maintaining soil temperature. Biodegradable mulch films have a lower environmental impact as they do not produce any harmful waste, and their disposal is easy. Government regulations promoting bio-based product usage, especially in Europe and North America is expected to drive market growth over the foreseeable future. Key players in the industry have been investing in R&D to develop fully bio-based mulch films. Fruits & vegetables emerged as the leading crop using biodegradable mulch films and accounted for 51.1% of total market revenue in 2015 and is also anticipated to witness the fastest growth over the next eight years. The high growth may be attributed to biofilm ability to prevent fruits from rotting by preventing contact between fruit and soil.
As per Zion Market Research, the global mulch film market is estimated to reach US$4.2 bln by 2021, growing at a CAGR of 6.3% during 2016-2021. Mulching is a way to keep crop weed free and healthy. In mulching soil around the crop is covered with any material for protection or improvement of the area covered. Mulch film is a polyethene material used for the mulching purpose. Mulch films are mostly blends of Low-Density Polyethylene (LDPE) and Linear Low-Density Polyethylene (LLDPE) both are economical polymers with widely favorable chemical and mechanical resistance properties. For light-spectrum modification, Israel pioneered the first colored mulch films to raise plant yields. Colors in mulch film were first introduced in Europe a decade ago and were anticipated to take over 20% of the market. Instead, colored mulch film has remained largely developmental. The cause of color in mulch films is specific to particular plants. By reflecting light in the red and far-red spectrum (580-700 nm) back onto the leaves and developing fruit, red mulch film encourages tomato plants to produce more fruit in this manner red mulch film encourages the yield. For crops like peppers and melons, green mulch film is best whereas blue mulch film gives a good result with squash and eggplant. The colored mulch films are most successful in cooler regions. Colored mulch film has a correlation with the change in season; for e.g. in midsummer, a black or red mulch film would get so hot that it could burn the fruit or leaves of the crop hence the market is subject to change with the change in season. However, mulch film contributes a large share in crop cultivation. Qualities like prevention of weed growth, conservation of soil moisture by reducing water evaporation losses and lowering irrigation need it is driving the market.
As per MarketsandMarkets, the global biodegradable mulch films market size is projected to grow from US$5.76 mln in 2016 to US$52.43 mln by 2021, at a CAGR of 7.95% from 2016 to 2021. The growth of biodegradable mulch films market can be attributed to the rising demand of biodegradable mulch films in greenhouse, increased applications in agriculture, and rising environmental concerns that shifted the focus of growers toward eco-friendly mulch films.
As per Research and Markets, the growth of the biodegradable mulch films market can be attributed to the rising demand of biodegradable mulch films in greenhouse, increased applications in agriculture, and rising environmental concerns that shifted the focus of growers toward eco-friendly mulch films. The Asia-Pacific region is projected to grow at the highest rate in the biodegradable mulch films market. China is on the top of the list in terms of sales of biodegradable mulch films. Increasing population, especially in the Asia-Pacific region, has resulted in increasing demand for food, which will lead to increased usage of biodegradable mulch films in crop production. The rising population and shrinking agricultural land due to industrialization and urbanization have compelled farmers to produce more in the same land holding. Hence, farmers are using biodegradable mulch films in large numbers owing to its lower impact on environment, while enhancing crop yield by reducing competitive weed pressure, maintaining soil moisture levels, and modulating soil temperature.
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