Global Mulch Film Market will Reach USD 6.3% Billion by 2021
Some key players operating in global mulch film market are BASF SE, British Polythene Industries PLC, AEP Industries Inc. and Armando Alvarez Group, Britton Group, ExxonMobil Chemical, Ab Rani Plast Oy, Plastika Kritis S.A., Group Barbier, Kuraray Group, The Dow Chemical Company.
Zion Research has published a new report titled “Mulch Film (Clear/Transparent, Black, Colored and Degradable) Market Analysis: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.” According to the report, the global Mulch film market accounted for USD 2.9 Billion in 2015 and is expected to reach USD 4.2 Billion by 2021, growing at a CAGR of around 6.3% between 2016 and 2021.
Mulching is a way to keep crop weed free and healthy. In mulching soil around the crop is covered with any material for protection or improvement of the area covered. Mulch film is a polythene material used for mulching purpose. Mulch films are mostly blends of Low Density Polyethylene (LDPE) and Linear Low Density Polyethylene (LLDPE) both are economical polymers with widely favorable chemical and mechanical resistance properties.
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For light-spectrum modification, Israel pioneered the first colored mulch films to raise plant yields. Colors in mulch film were first introduced in Europe a decade ago and were anticipated to take over 20% of the market. Instead, colored mulch film has remained largely developmental. The cause of color in mulch films is specific to particular plants. By reflecting light in the red and far-red spectrum (580-700 nm) back onto the leaves and developing fruit, red mulch film encourages tomato plants to produce more fruit in this manner red mulch film encourages the yield.
For crops like peppers and melons, green mulch film is best whereas blue mulch film gives good result with squash and eggplant. The colored mulch films are most successful in cooler regions. Colored mulch film has correlation with the change in season; for e.g. in midsummer a black or red mulch film would get so hot that it could burn the fruit or leaves of the crop hence the market is subject to change with the change in season. However, mulch film contributes a large share in crop cultivation. Qualities like prevention of weed growth, conservation of soil moisture by reducing water evaporation losses and lowering irrigation need it is driving the market. While the market increments, the raw material market will also increase. Mulching practice helps in increasing yields, providing better quality produce, enhancing insect management and early maturity of crops, which provides additional financial benefits to the grower.
The regulations in Western European markets on the usage of non-biodegradable plastics are restricting the demand for agricultural films. Furthermore, the high installation cost of the films is also a big challenge of the market.
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This report segments the global amphibious excavator market as follows:
Global Mulch Film Market: Application Segment Analysis
Global Mulch Film Market: Regional Segment Analysis
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