Increasing Demand for Quality Food Supplies to Help Mulch Films Market Reach Sales worth US$6.7 Bn by 2027 End, Notes TMR

- Mulch films are now being excessively used in horticulture and agriculture in order to cut down weed growth, optimize crop yield, and modify temperature of soil

- The adoption of the market is on the rise also because of the introduction of biodegradable mulch films

ALBANY, New York, March 27, 2020 /PRNewswire/ -- In its latest research report, Transparency Market Research gives in-depth insights about the core working dynamics of the global mulch films market. The detailed market research report provides readers with knowledge about the key segments, prominent geographical regions, current state of the vendor landscape, and driving as well as inhibiting factors of the global market.

     

According to the research report, the global mulch films market is expected to expand at a healthy CAGR of ~6% over the course of the given period of forecast ranging from 2019 to 2027. Given the rate of development, the valuation of the mulch film market is expected to touch the mark of US$6.7 Bn by the fall of 2027.

Global Mulch Film Market – Key Takeaways

• Non-biodegradable mulch films dominate the global market with an overall market share of around 72%.
• In coming years, it is expected that the segment of biodegradable films will experience more demand due to their eco-friendly nature, in spite of their high costs.
• Based on material, the segment of polyethylene mulch films has traditionally been the dominant one.
• Based on technology, the market is segmented into cast and blown.
• In terms of end use, the segment of agriculture has traditionally been the dominant one.

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Mulch Films Market by Product: Non-biodegradable Mulch Films (Below 25 Microns, 25-50 Microns, 50-100 Microns, Above 100 Microns), Biodegradable Mulch Films (Below 25 Microns, 25-50 Microns, 50-100 Microns, Above 100 Microns); Material: Polyethylene (LDPE, LLDPE, HDPE), Polypropylene, Polyvinyl Chloride, PLA/PHA, PBS, EVA, Other Bio-based Materials; Technology: Cast, Blown; End Use: Agriculture, Horticulture at https://www.transparencymarketresearch.com/mulch-films-market.html