Biodegradable Agricultural Film Market Analysis, Growth Opportunities and Forecast to 2023


20th May 2019 –  Biodegradable agricultural film prevents the growth of weeds and reduces the need for spraying herbicides. It helps in achieving uniform production of crops. Agricultural films need not be removed in the end of a particular season, since it offers various benefits, such as significant reduction of negative impact on the environment, advantages to farmers like saving of time and money, and several properties of film that are better than polyethylene film. Furthermore, agricultural film increases soil temperature, speeds up cultivation cycle, reduces water consumption, keeps nutrients and fertilizer closer to the plant and eliminates the use of pesticides.

Global biodegradable agricultural film market is anticipated to grow significantly in the forecast period due to the rise in number of benefits offered by agriculture films.

Reasons for the growth of biodegradable agricultural film market include harmful consequences caused by inorganic agricultural films on the farm lands, strict government regulations for the acceptance of gas emissions by inorganic materials. Moreover, growing environmental concerns caused by the use of inorganic mulching methods also expected to contribute to the market growth. However, market is hampered by significant cost of biodegradable agricultural films.

Increase in demand for biodegradable agricultural films by the emerging nations is one of the major trends witnessed in the market. Nonetheless, degradable agricultural film market in Asia Pacific is expected to offer opportunities to the market players due to growing population that ultimately increases the demand for food.

Biodegradable agricultural film market is categorized on the basis of raw material type, crop type, sales channel, and geography. On the basis of raw material type, market is divided into polylactic acid, starch, polyhydroxyalkanoate, and others. Starch segment is expected to hold larger share of the market due to abundant availability and cost-efficiency in comparison to other raw materials.

Based on crop type, biodegradable agricultural film market is bifurcated into grains & oilseeds, fruits & vegetables, and flowers & plants. Fruits and vegetables segment is projected to lead the market since agricultural film improve the production quality and reduce fruit rotting by avoiding the contact between soil and fruit. By sales channel, market is divided into (B2B) business to business and (B2C) business to consumer.

Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to dominate the market in the coming years due to high demand for the production of crops form the developing economies like South Korea, China, and India. Latin America is also expected to lead the market owing to the growth in consumption by Brazil due to increasing population that ultimately demand high crop production.

The key players in biodegradable agricultural film market are Biobag International AS, BASF SE, AEP Industries Inc., RKW SE, Armando Alvares, British Polythene Industries PLC, Al-Pack Enterprises Ltd., Novamont S.Pa., AB Rani Plast Oy.

Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/biodegradable-agricultural-film-market/request-sample

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