Global Biodegradable Mulch Films Market To Generate Revenue worth $87.8 Million by 2030

The global biodegradable mulch films market is projected to generate $87.8 million revenue by 2030, advancing at a CAGR of 7.1% during 2022–2030. This will be due to the growing awareness regarding harmful effects of inorganic mulching and government regulations in support of the same.

In order to create an environment that is favorable for crop production, the top soil in agricultural fields is covered with mulch. In this procedure, a physical barrier is built to reduce soil water evaporation. The utilization of both organic and inorganic materials is possible for this technique. This method has many benefits, including helping to keep weeds under control, maintaining soil structure, and protecting crops from soil pollution.

Flora and fauna provide the organic components for this process. Unlike waste created by inorganic mulching, waste created by organic or biodegradable mulching does not need to be disposed of. The agricultural soil benefits when this waste is converted into carbon dioxide, methane, water, or biomass. Moreover, biodegradable mulch film helps in maintaining the temperature of soil, retaining nutrients in soil, speeding up the germination process, being cost effective, lowering the consumption of water consumption, and minimizing the use of pesticide and herbicide.

Starch is Dominating the Market

Starch held the largest share of around 70% in 2022. It is one of the most plentiful renewable resources. It is a totally biodegradable polymer that is biosynthesised by different plants. Starchy meals provide us with energy and are the primary source of a variety of nutrients. They contain fiber, calcium, iron, and B vitamins in addition to carbohydrates.

Growing environmental concerns about conventional synthetic polymers used in agricultural film manufacturing have switched the attention to the use of biodegradable materials derived from renewable resources. The aforementioned causes are expected to boost thermoplastic starch (TPS) demand in producing biodegradable mulch films. Crops with a high starch content are the primary source of calories.

TPS, which flows under high pressure and temperature, is formed with starch. The huge demand for TPS can be linked to the inexpensiveness of starch and its inability to produce any hazardous compounds when placed in soil.

North American biodegradable mulch film market held significant share in 2022. Farmers in North America, particularly in the U.S., have been extensively employing inorganic mulching materials to produce crops, as it offers benefits, such as weed control, conservation of soil moisture, raises the soil temperature, and enhances the quality of crops. However, this trend is shifting toward the use of biodegradable mulch film, owing to the increasing environmental concerns over the use of inorganic mulching materials.

The major factor that drives the biodegradable mulch film market in LAMEA is the population growth. It is projected that population of Brazil, South Africa, and Middle East will grow at a significant rate in the coming decade, resulting in the increased demand for food. Increased food demand supports the use of mulch film from biodegradable resources as it allows the production of large quantities of crop at a particular time, which is not possible with inorganic mulching.

The major players operating in the global biodegradable mulch film market are BASF SE, Kingfa Sci & Tech Co. Ltd., BioBag International AS, RKW Group, AEP Industries Inc., AL-PACK Enterprises Ltd., Novamont SpA, Armando Alvarez Group, and Yifan Pharmaceutical Co. Ltd.