White Plastic Mulch Market to Profit As Quality of Agricultural Soil Decline

 

 

Summary

Global White Plastic Mulch Market Segments, Growth, Trends, Future Scope, Size | information by Biodegradable Plastic (Thermoplastic Starch (TPS), Aliphatic-Aromatic Copolyesters (AAC), Controlled Degradation Masterbatches) by Composition (Starch, Starch Blended With Polylactic Acid (PLA), Starch Blended With Polyhydroxyalkanoate (PHA)), by Region (Asia-Pacific, North America, Europe, Rest of World) – Forecast to 2022

White Plastic Mulch Market Scope

Market Research Future (MRFR) reveals that the global White Plastic Mulch Market is likely to expand at a 7.6% CAGR by 2022. The contribution of biodegradable White Plastic Mulchs in restoring ecological balance in farming practice is observed to be the primary driver for its market. However, the lack of mechanical strength can slow down its adoption rate. But, the rise in need for organic farming practices is likely to accelerate the growth of the global White Plastic Mulch Market over the evaluation period.

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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)
  • AB Rani Plast OY (Finland)

are some of the leading players that are operating in the market.

Industry News

August 2019

BASF, a Germany-based chemical company and one of the largest producers in the world, is offering certified soil-biodegradable plastic for manufacturing White Plastic Mulchs.

Market Insights

One of the greatest advantages of White Plastic Mulch is that it can convert low fertile land into fertile land. As a result of modernization, the availability of agricultural land has become limited. The materials used in these films aid in conservation moisture and inhibit the growth of weeds, thereby making the land ready for cultivation. Hence, increase in urban population, declining soil quality, and fast-paced industrialization are factors that are likely to cast a positive impact on the market growth.

Biodegradable White Plastic Mulchs 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 White Plastic Mulchs are gaining popularity in farming practices due to its ability to enhance soil fertility by keeping nutrient supply close to the plant. In addition, White Plastic Mulchs cut down water intake by plants. Thus, in case in situations such as low rainfall, these films can be of great importance. Moreover, biodegradable White Plastic Mulch can also streamline the process of irrigation.

Target Audience

  • Manufactures
  • Raw Materials Suppliers
  • Aftermarket suppliers
  • Research Institute / Education Institute
  • Potential Investors
  • Key executive (CEO and COO) and strategy growth manager

Segmental Overview

The global market of White Plastic Mulch Market 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 White Plastic Mulch Market 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 White Plastic Mulch Market is expected to generate high revenue over the review period. MRFR states that APAC market is likely to lead in the global White Plastic Mulch Market. 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.

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