By 2026, the global biodegradable plastic film market will reach 83.6 million dollars

  • 2022-10-18

In recent years, more and more attention has been paid to the impact of plastic mulching on the environment, and more and more attention has been paid to biodegradable mulching. Generally, biodegradable mulching film is made of plant starch, sugar or polyester fiber. As we all know, biodegradable mulch film is more permeable than traditional mulch film, so it allows more water to penetrate into the soil. Therefore, biodegradable plastic film can reduce weed growth, prevent soil erosion, improve soil temperature and maintain soil moisture. Therefore, the application of biodegradable mulching film may reduce the use of herbicides.

The difference between biodegradable mulching film and plastic mulching film is that once the season ends, the biodegradable mulching film will not be removed from the ground because it will decompose when heated. The plastic film is decomposed into water and carbon dioxide by microorganisms in the soil, leaving no toxic residue.

In the COVID-19 crisis, the global market of biodegradable film is estimated to be 62.7 million US dollars in 2022, and it is expected to reach a revised scale of 83.6 million US dollars by 2026, with a compound annual growth rate (CAGR) of 7.6% during the analysis period.

It is estimated that by 2026, Europe will reach 15.6 million dollars. It is expected that the Asia Pacific region will become the fastest growing regional market, with CAGR reaching 8.6% in the analysis period. The market is growing healthily, which is mainly due to its extensive application in the agricultural field.

Biodegradable mulch film is promoting the adoption of biodegradable mulch film by providing many benefits, including maintaining soil temperature, accelerating germination and cultivation, reducing or eliminating the use of pesticides or herbicides, and ensuring long-term sustainability of soil. In addition, biodegradable mulching film can also help reduce water consumption, ensure that nutrients and fertilizers remain close to crops or plants, and prevent fruits and vegetables from directly contacting the soil. Therefore, the agricultural planting process will benefit greatly from the use of biodegradable mulch film. As farmers and growers seek to maintain soil quality to improve crop yield and efficiency, it is expected that the demand for biodegradable mulch film will further increase in the coming years. The growing demand for high-quality crops is also expected to boost the demand for mulching film.

In addition to agriculture, the use of biodegradable plastic film in greenhouse is also increasing. The growing concern about the adverse environmental damage caused by the use of plastic mulch film and other inorganic materials, as well as the government policy to promote the use of bio based products, are conducive to the growth of the biodegradable mulch film market. Strict environmental regulations have been adopted around the world to control the harmful effects of inorganic materials, which has also promoted the transition to biodegradable alternatives. Polyethylene PE plastic mulch film is widely used in crops, mainly because it is easy to obtain and low cost. However, as PE mulching film is made of essentially non renewable petroleum based raw materials, concerns about the sustainability of crop production activities involving the use of PE mulching film have increased. In addition, the use of PE mulching film has also increased the waste generation in agricultural land and landfills.

North America and Western Europe are the main users of biodegradable mulch film, mainly because advanced planting technologies have been widely used in developed countries as part of efforts to promote the planting process. Europe is another major market for biodegradable mulch film. This region has witnessed the increasing use of biodegradable mulch film supported by technical and scientific data, and the increasing willingness of European farms to use biodegradable mulch film. Fossil based, non biodegradable mulch film generates more and more waste, which leads to the increasing attention to alternative materials. In particular, the accumulation of waste on agricultural land has always been a major problem in the region, because such waste will have a negative impact on plant growth and total crop yield. Due to the adverse impact on the environment, farmers and agricultural companies are turning to biodegradable mulch. The developing economies in Asia Pacific, Latin America, the Middle East, Africa and Eastern Europe have huge growth potential. China, India and other developing countries have large populations and need to increase food production to meet the growing food demand, which is expected to stimulate the demand for biodegradable mulch film.

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