The global biodegradable mulch film market is projected to grow at a CAGR of 8% during 2019 to 2024. The growth of biodegradable mulch film market is driven by increasing demand for biodegradable mulch films in greenhouse and rising environmental concerns that shift the focus of growers towards eco-friendly mulch films.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global
biodegradable mulch film market by raw material type (starch, starch blended
with polylactic acid (pla), starch blended with polyhydroxyalkanoate (PHA), and
others), crop type (fruits & vegetables, grains & oilseeds, and flowers
& plants), and region (Asia-Pacific, Europe, North America, and RoW)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the business
risks and threats to the biodegradable mulch film market?
Q.4 What are some
changing demands of customers in the biodegradable mulch film market?
Q.5 What are the new
developments in the biodegradable mulch film market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this biodegradable mulch film area and
how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A activity has occurred in the last 5 years in this biodegradable mulch film market?
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Market Segmentation:
Based on raw material type, the biodegradable mulch film market is segmented into starch, starch blended with polylactic acid (pla), starch blended with polyhydroxyalkanoate (PHA), and others. The starch segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to its low cost compared to other raw material and is also abundantly available.
Asia Pacific will remain the largest market over the forecast period due to
increasing demand for food products from economies such as India, China, and
South Korea, and increase in per capita income.
Key Players in the
biodegradable mulch film market are BASF SE, Kingfa Sci & Tech Co Ltd,
BioBag International AS, RKW Group, and AEP Industries Inc.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers, restraints,
challenges, and opportunities for market growth. It would also help to
understand the competitors better and gain more insights to improve their
position in the business.
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https://www.lucintel.com/biodegradable-mulch-film-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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