Title: Mulch Films Market
1Mulch Films MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Mulch Films Market size is forecast to reach
US5.7 billion by 2026, after growing at a CAGR
of 7.8 during 2021-2026. Mulch films are the
plastic coverings designed for plants. - These are designed to preserve the level of
moisture in the soil. Due to evaporation,
significant loss of soil moisture is observed
that has raised the demand of mulch films among
the agricultural areas. Also, to fulfill the need
of food for growing population, demand for mulch
films is increasing. Furthermore, increasing
investments by various government bodies in
agriculture is set to propel its market growth.
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- Key Takeaways
- Asia-Pacific dominates the global Mulch Films
market, owing to the increasing agricultural
investments by the government in various regions.
In May 2019, NABARD announced an investment of Rs
700 crore (US 100 million) venture capital fund
for equity investments in agriculture and
rural-focused start-ups in India. - In modern agriculture, high-growth economies such
as the United States and Germany are expected to
play a critical role. Biodegradable mulch films
have a distinct advantage over traditional PE
mulch films at the end of the crop cycle since
they can be left on the field.
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By Distribution Channel- Segment
Analysis Non-biodegradable mulch films dominated
the Mulch Films market in 2020 and is forecasted
to grow at a CAGR of 7.7 during the forecast
period. The rising usage of non-biodegradable
mulch films in Europe is expected to fuel its
market growth. Besides, this the recent research
conducted by various research institutes is
expected to flourish its market growth.
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- Mulch Films Market Industry Outlook
- BASF SE,
- The Dow Chemical Company,
- Berry Global Inc.,
- Novamont S.p.A.,
- RKW Group.
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Mulch Films Market- Forecast(2021 -
2026) Learn More About the Report _at_
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Market-Research-505106
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- Data Tables
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