Mulch film Market Report

Mulch film Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Format: PDF  |  Report ID: GVR1148

Increasing crop productivity demand with decreasing arable land is expected to remain a key driving factor for mulch film market growth over the next six years. Key mulch films applications include retaining moisture & maintaining temperature in soil, slacken weed activity, providing nutrients, ultraviolet (UV) ray protection, reduce soil erosion & compaction, bolster seed germination and aesthetics. Increasing crop demand owing to growing population globally is expected to fuel mulch film market demand over the forecast period. Based on properties, mulch films are categorized as organic, colored, anaerobic, ground covers, polypropylene & polyethylene and bio-degradable. Polyethylene mulch films are widely used for weed reduction whereas polypropylene is employed for perennials. Biodegradable mulch films are primarily made from polyester fibers and plant starch & sugars. Increasing advancement in farming techniques coupled with growing awareness on crop wastage reduction is expected to have positive influence on mulch film market. High film disposal cost coupled with adverse chemical effect   based mulch film is expected to hamper industry participant’s growth. Increasing government awareness programs meant to encourage adoption of advanced farming techniques especially in Asia Pacific countries is expected to yield key opportunities for market participants.

Asia Pacific was major mulch film regional market over the past few years. Agro-based economies such as China, India, Pakistan, Indonesia and Philippines are expected to witness high growth rates owing to increasing crop production with limited land availability for farming. This is anticipated to be the consequence of surging real estate industry, rapid urbanization and increasing ornamental crop farming. Developed economies of North America and Europe are expected to witness moderate growth rates over the forecast period.. Middle-east and North African regions are expected to witness significant growth rates over the next six years owing to increasing floriculture and horticulture given extreme climatic conditions in these regions.

Some major companies operating in global mulch film market include BASF SE, British Polythene Industries PLC, AEP Industries Inc. and Armando Alvarez Group. Other major manufacturers include Berry Plastics Corporation, Hyplast NV, Plastika Kritis S.A., Britton Group, ExxonMobil Chemical, Ab Rani Plast Oy, Britton Group, The Dow Chemical Company, Kuraray Group, Group Barbier , Trioplast AB and Novamont S.p.A.

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