The global mulch films market size is expected to reach US$ 6.7 bn by 20276 and market is estimated to expand at a CAGR of 6% during the forecast period 2020 to 2026.
Mulch Films to Create Opportunities for Food End Users in the Long Run
Mulch films plays an essential role in agronomics, such as increasing yield and improving the quality of crops. Mulch films are available in different colors such as black, yellow, white, and transparent. Black & brown mulch films are anticipated to translate opportunities for food & beverages end users, as these are generally used for growing fruits, vegetables, and flowers. Black mulch films also prevent the penetration of light and reduce the germination process. Yellow mulch films attract pests and also reduce the chance of viral diseases being transmitted by tobacco moths. Therefore, these films are usually preferred by manufacturers in the tobacco industry.
The introduction of LLDPE mulch films has brought a revolution in agriculture water management. Moreover, linear low density polyethylene mulch films are more economical than low density polyethylene mulch films. Cast mulch films are expected to gain ground in the mulch films market during the forecast period, because these kinds of films have better optics than blown mulch films produced at higher line speeds. All these factors will create demand for mulch films during the forecast period.
Developing Economies to Gain Ground in Mulch Films Market
Increasing demand for crops and decreasing arable land, coupled with rising population is one of the key factors expected to drive the growth of the mulch films market during the forecast period. Increasing advancements in farming techniques along with rising awareness towards crop waste reduction are expected to drive the demand for mulch films. Moreover, increasing government programs and stringent laws to adopt advanced farming techniques in India and other ASEAN regions are expected to yield key opportunities for market players during the forecast period. Agro-based economies such as India, Indonesia, and China introducing subsidy to encourage farmers to adopt soil mulching is likely to benefit the mulch films market during the forecast period. North America is anticipated to expand at a healthy CAGR in the mulch films market. Spain and France are anticipated to register 40% share of the total Europe mulch films market during 2010-2026.
The Mulch Films market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Mulch Films market for the base year 2019 and the forecast between 2020 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Mulch Films market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Mulch Films market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Mulch Films market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Mulch Films market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Mulch Films market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Mulch Films industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Mulch Films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Mulch Films market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Mulch Films market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Mulch Films market. These factors have benefited the growth of the global market for Mulch Films. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Mulch Films. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
Some of the key players in the global mulch films market are Dow Chemical Company, BASF SE, FKuR Kunststoff GmbH, Novamont S.p.A., Berry Global Inc., AEP Industries Inc., Trioplast Industrier AB, Tilak Polypack Pvt. Ltd., Ab Rani Plast Oy., RKW Agri Gmbh & Co., Industrial Development Company Sal (Indevco), Armando Alvarez Group, BioBag International AS, Exxon Mobil Corp, and Ginegar Plastic Products Ltd.
Mulch Films Market by Product
Mulch Films Market by Material
Mulch Films Market by Technology
Mulch Films Market by End Use
Mulch Films Market by Region
In this study, the years considered to estimate the market size of Mulch Films are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
The study objectives of this report are:
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