#Biodegradable Mulch Films Market Trends

[omshinde5145]

Plastic Films & Sheets Market Detailed Analysis and Forecast 2024–2030

The Plastic Films & Sheets Market was valued at USD 133.3 billion in 2023 and will surpass USD 186.5 billion by 2030; growing at a CAGR of 4.9% during 2024 - 2030. Plastic films and sheets are thin, flexible layers of plastic material used for a variety of applications. They are often made from materials like polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and others. These materials offer a range of properties, including durability, moisture resistance, and clarity, making them suitable for diverse uses.

The global plastic films and sheets market has witnessed significant growth over the past few years, driven by the expanding packaging industry, increased use in agriculture, and rising demand in healthcare and construction sectors.

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Key Trends Shaping the Market

Sustainability and Eco-Friendly Solutions The push for sustainable and eco-friendly solutions is one of the most significant trends impacting the plastic films and sheets market. With increasing environmental concerns, there is a growing demand for biodegradable and recyclable plastic films. Companies are investing in research and development to create innovative materials that reduce environmental impact while maintaining performance.

Technological Advancements Advancements in technology are playing a crucial role in the evolution of plastic films and sheets. New manufacturing techniques, such as multi-layer co-extrusion and nanotechnology, are enabling the production of films with enhanced properties, such as improved barrier protection, increased strength, and greater flexibility. These innovations are opening up new possibilities for applications across various industries.

Growing Demand in the Packaging Industry The packaging industry is the largest consumer of plastic films and sheets, accounting for a significant share of the market. The rise of e-commerce, changing consumer preferences, and the need for extended shelf life of products are driving the demand for advanced packaging solutions. Flexible packaging, in particular, is gaining popularity due to its convenience, lightweight nature, and cost-effectiveness.

Expansion in the Agricultural Sector In agriculture, plastic films and sheets are used for mulching, greenhouse coverings, and silage. The adoption of advanced farming techniques and the need for increased crop yield are boosting the demand for agricultural films. These films help in conserving water, protecting crops from pests, and enhancing overall agricultural productivity.

Healthcare Applications The healthcare sector is another significant area of growth for plastic films and sheets. They are used in medical packaging, protective coverings, and disposable products like gloves and gowns. The ongoing COVID-19 pandemic has further emphasized the importance of hygienic and protective materials, leading to increased demand in this sector.

Challenges Facing the Industry

Despite the positive outlook, the plastic films and sheets market faces several challenges:

Environmental Concerns The environmental impact of plastic waste is a significant challenge. Non-biodegradable plastics contribute to pollution, and there is growing pressure on manufacturers to develop sustainable alternatives. Stricter regulations and bans on single-use plastics in various regions are forcing the industry to rethink its approach to production and disposal.

Fluctuating Raw Material Prices The prices of raw materials, such as crude oil, directly impact the cost of plastic films and sheets. Fluctuations in oil prices can lead to volatility in the market, affecting profit margins for manufacturers and driving the need for cost-effective alternatives.

Competition and Market Saturation The plastic films and sheets market is highly competitive, with numerous players vying for market share. This competition can lead to price wars and reduced profitability, particularly in regions where the market is already saturated.

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Opportunities for Growth

Innovation in Biodegradable Films As sustainability becomes a priority, there is a significant opportunity for companies to develop and market biodegradable plastic films. The demand for eco-friendly products is growing, and companies that can offer high-performance, environmentally friendly solutions will have a competitive edge.

Expansion in Emerging Markets Emerging markets in Asia-Pacific, Latin America, and Africa offer substantial growth potential. Rising industrialization, increasing disposable income, and the growth of the packaging and construction industries in these regions are expected to drive demand for plastic films and sheets.

Customization and Niche Markets The ability to customize plastic films and sheets for specific applications is another area of opportunity. Niche markets, such as high-performance films for electronics or specialized films for medical applications, present opportunities for growth and differentiation.

Conclusion

The plastic films and sheets market is at a critical juncture, with both challenges and opportunities on the horizon. The push for sustainability, coupled with technological advancements, is driving the industry towards innovative solutions that meet the needs of modern consumers and industries. Companies that can adapt to changing market dynamics, invest in research and development, and focus on sustainable practices will be well-positioned to thrive in this evolving market.

[industryforecastnews]

Biodegradable Plastic Market To Reach USD 10.04 Billion By 2030

Biodegradable Plastic Market Growth & Trends

The global biodegradable plastic market size is expected to reach USD 10.04 billion by 2030, registering a CAGR of 9.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing use of biodegradable plastics, owing to strict governmental laws prohibiting the use of conventional plastics, coupled with growing awareness among the public towards the ill effects of plastic waste is stoking the growth of the market. The above factors are expected to spur market growth during the forecast period.

Biodegradable plastics are plastics that decompose in the environment within a reasonable period. Biodegradable plastics are made up of renewable raw materials. Many of these plastics require biodegradable additives to enhance the biodegradation process and some may require a specific environment to disintegrate. Time taken by plastics to decompose depends upon various factors such as raw materials used and environmental conditions such as moisture and temperature.

The starch-based segment leads the global market. Starch-based plastics are used in various applications such as packaging, consumer electronics, agriculture, automotive, and textiles. PLA is also one of the most consumed biodegradable plastic-type. It is used in 3D printing, mulch film, and packaging.

Packaging is the leading application of biodegradable plastics. A ban on plastics by European Commission is anticipated to drive the segment during the forecast period. Novel applications of biodegradable plastics in the medical sector for drug encapsulation and medical surgeries are being increasingly practiced.

Around the world, people are facing grave issues of plastic waste as conventional plastics take hundreds of years to decompose. To tackle this, issue several countries have banned the use of single-use plastic products and are promoting the use of eco-friendly biodegradable plastics. Ban of non-reusable conventional plastics in many regions around the globe, especially in Europe and North America is estimated to propel the market. Additionally, improving the standard of living and increasing disposable income in developing countries are likely to augur well for the market in the Asia Pacific and Central & South America.

Key players are investing in research and development activities to create improved products that are strong and can be easily decomposed in the natural environment. Many the companies have integrated the value chain to serve customers better and improve the profits of the company

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/biodegradable-plastics-market

Biodegradable Plastic Market Report Highlights

The polylactic acid (PLA) segment is expected to grow at the fastest CAGR over the forecast period, owing to its strong environmental benefits and wide range of uses.

Packaging was the largest application segment for biodegradable plastics in 2023 with a revenue share of more than 53.91%.

Europe is the largest region in terms of value and volume. However, Central & South America is expected to emerge as the fastest-growing region for biodegradable plastics.

Biodegradable Plastic Market Segmentation

Grand View Research has segmented the global biodegradable plastic market on the basis of on process, end-use, and region:

Biodegradable Plastic Process Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Starch Based

PLA

PBAT

PBS

PHA

Others

Biodegradable Plastic End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Packaging

Food Packaging

Non-Food Packaging

Agriculture

Textiles

Consumer Goods

Others

Biodegradable Plastic Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

UK

Italy

France

Spain

Asia Pacific

China

Japan

India

South Korea

Central & South America

Brazil

Middle East & Africa

Saudi Arabia

List of Key Players in the Biodegradable Plastic Market

Cargill Incorporated

PTT MCC Biochem Co., Ltd.

Biome Technologies plc

Plantic Technologies Limited

BASF SE

Total Corbion PLA

NatureWorks LLC

Eastman Chemical Company

Trineso

Danimer Scientific

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/biodegradable-plastics-market  

[chemical28]

Agricultural Textiles Market Segmentation and Regional Analysis Report 2024-2031

The Agricultural Textiles Market size was valued at USD 15.8 billion in 2024. It is predicted to reach USD 23.17 billion by 2031.  It is expected to grow at a CAGR of 4.9% over the forecast period 2024-2031. The agricultural textiles market is undergoing a significant transformation, driven by the increasing adoption of advanced textile materials and technologies in modern farming practices. Agricultural textiles, comprising a wide range of materials including geotextiles, shade nets, mulch films, and crop covers, play a pivotal role in enhancing crop productivity, soil health, and water management. In precision agriculture, textiles are utilized for weed control, moisture retention, and temperature regulation, optimizing growing conditions and reducing the need for chemical inputs. Moreover, in greenhouse farming, specialized textiles such as insect nets, shade cloths, and thermal blankets provide protection against pests, extreme weather conditions, and UV radiation, creating controlled microclimates for optimal plant growth and yield.

Get Sample Report of Agricultural Textiles Market @ https://www.snsinsider.com/sample-request/1910  

Market Scope & Overview

The Agricultural Textiles Market report offers a detailed look into this growing industry, covering a wide range of aspects. It examines what's driving the market forward, what challenges it faces, and the trends that are shaping its future. The report pays close attention to consumer preferences and dietary habits, especially in terms of the increasing demand for prebiotic ingredients that promote digestive health. It also explores how Agricultural Textiles Marketare being used across various segments of the food and beverage industry, highlighting opportunities for growth and innovation. By providing in-depth research and analysis, the report equips stakeholders with valuable insights to navigate the market effectively, seize opportunities, and manage risks.

Major Key Players in the Agricultural Textiles Market

Tama Plastic Industry, Diatex, Hy-Tex (U.K.) Ltd, Beaulieu Technical Textiles, Hebei Aining Import and Export Co. Ltd., B&V Agro Irrigation Co., Meyabond Industry & Trading (Beijing) Co. Ltd., SRF Ltd., Capatex Ltd., Neo Corp International Ltd, Belton Industries, Inc., Zhongshan Hongjun Nonwovens Co. Ltd.

Market Segmentation Analysis

By Fiber Material

Nylon

Polypropylene

Polyethylene

Natural Fibers

Polyester

Biodegradable Synthetic Fibers

Others

By Fabric Formation Technology

Woven

Nonwoven

Knitted

Others

By Product Type

Shade Nets/Cloths

Mulch Mats

Fishing Nets

Anti-Hail Nets and Bird Protection Nets

Others

By Application

Controlled-Environment Agriculture

Outdoor Agriculture

For industry players seeking a competitive edge, our Agricultural Textiles Market report provides strategic insights that drive growth and innovation. Investors will discover a wealth of data to guide their decisions and improve returns. Companies aiming to adapt and thrive in a dynamic market will find the necessary guidance. Stakeholders will gain a comprehensive understanding of the market's intricacies, enabling them to make informed contributions. Whether it pertains to market preferences, regulatory details, or economic factors, our report ensures that readers gain a well-rounded perspective extending beyond the global overview.

COVID-19 Impact Analysis

This research report closely examines the Agricultural Textiles Market's journey during the COVID-19 pandemic, addressing the needs of industry players, investors, companies, and stakeholders. It provides a thorough assessment of the challenges faced, the innovative solutions developed, and the promising opportunities ahead. In a rapidly changing digital landscape, this report serves as a valuable resource for understanding the market's adaptability and its potential to thrive.

Impact of Ukraine-Russia War

The ongoing conflict between Ukraine and Russia has become a significant topic in global discussions about world affairs. This situation has led the international community to grapple with its intricate and widespread consequences. As tensions continue to escalate, our Agricultural Textiles Market analysis report takes a closer look at the geopolitical complexities, shedding light on the reasons behind the dispute, the involved parties, and the potential for global intervention. Making informed decisions is crucial to maintaining stability in the face of these geopolitical challenges.

Check Discount on Agricultural Textiles Market Report@ https://www.snsinsider.com/discount/1910  

Impact of Global Recession

When it comes to the impact of the global recession, our thoughtfully prepared analysis report goes beyond presenting data. It provides strategic guidance for businesses aiming to thrive in today's intricate global business landscape. In a world where local actions can have far-reaching global effects, our report offers a worldwide perspective, providing insights into how global events and trends can affect your business. This global outlook is particularly valuable for businesses with aspirations beyond their local markets.

Regional Outlook

For those dealing the complexities of local markets, our comprehensive analysis report serves as a valuable resource. It goes beyond being a mere compilation of data; it functions as a strategic tool, uncovering hidden opportunities and potential areas for growth within specific regions. Interpreting data is both an art and a science, and our report goes beyond mere numbers to offer insightful interpretations. We delve into the cultural, economic, and regulatory intricacies of each region, gaining an understanding of how they shape market behavior.

Competitive Analysis

When examining the market, it's crucial to take a close look at various aspects influencing the Agricultural Textiles Market. This involves more than just numbers; it includes understanding the market size, the competitive landscape, consumer preferences, regulatory changes, and emerging trends. This broader perspective enables businesses to make informed decisions, minimize risks, and capitalize on opportunities. The research provides valuable insights for planning, helping companies allocate resources wisely, streamline operations, and develop products and services that resonate with their target audience.

Key Reasons to Purchase Agricultural Textiles Market Report

The information we provide is not only detailed but also comprehensive, offering a complete overview of the industry.

Our report serves as a strategic partner, providing you with the knowledge and foresight necessary to make decisions that set you apart from others.

Conclusion

Our market report delves deep into the heart of the market, offering timely and insightful information. This includes current trends, upcoming opportunities, and potential challenges, painting a clear picture of what lies ahead for your industry. In today's competitive market, having access to comprehensive market data is akin to gaining a competitive edge. It equips you with the knowledge to stay ahead, enabling strategic moves that can lead to market dominance.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

[kanplas]

Discover Innovative Plastic Films and Flexible Packaging Solutions with Kanplas

Introduction to Kanplas Welcome to Kanplas, where innovation meets sustainability in the world of plastic films and flexible packaging. As one of the leading plastic films manufacturers in India, Kanplas is dedicated to delivering high-quality solutions tailored to the dynamic needs of industries across the globe. Our commitment to excellence and sustainability in flexible packaging in India sets us apart, ensuring that our clients receive only the best products that not only meet but exceed their expectations.

Our Plastic Films Offerings At Kanplas, our product range is extensive, featuring a variety of plastic films designed to cater to a multitude of applications:

Polyethylene Films: Ideal for both industrial and consumer packaging due to their durability and flexibility.

Polypropylene Films: Known for their clarity and excellent moisture barrier properties, perfect for food packaging.

Specialty Films: Including high-barrier films, metallized films, and biodegradable films tailored for specific market needs.

Innovations in Flexible Packaging In the realm of flexible packaging, Kanplas is at the forefront of innovation. We understand the critical role packaging plays in protecting products, enhancing shelf life, and providing consumer convenience. Our flexible packaging solutions are designed with these functionalities in mind, coupled with the drive towards reducing environmental impact. Here are a few highlights of our offerings:

Stand-up Pouches: These are versatile for a range of products, from snacks to pet food, and are customizable with various features like zip-locks and tear notches.

Laminated Rolls: Suitable for high-speed packing lines, ensuring efficiency and reliability in packaging operations.

Agricultural Films: Developed to improve crop quality and increase yields, these films are used in mulching, greenhouse covering, and silage.

Sustainable Practices in Manufacturing Sustainability is at the core of Kanplas’ operations. We are committed to:

Recycling Initiatives: Our recycling programs aim to reduce waste and encourage the reuse of plastic materials.

Energy Efficient Processes: We invest in technology that lowers energy consumption during production.

Eco-friendly Materials: Our R&D team is continuously working to develop packaging solutions that are easier to recycle and degrade, reducing the environmental footprint.

Customized Solutions for Diverse Industries Kanplas serves a diverse range of sectors including food and beverage, pharmaceuticals, agriculture, and consumer goods. Understanding that each industry has unique requirements, we offer customized packaging solutions designed to meet specific needs. Our team works closely with clients to ensure that every specification is met with precision and care.

Why Choose Kanplas?

Quality Assurance: With strict quality controls in place, we ensure that every product meets international standards.

Innovative Approach: We stay ahead of industry trends by investing in research and development.

Customer-Centric Service: At Kanplas, we prioritize our clients’ needs and strive to provide impeccable service from initial contact to post-delivery support.

Conclusion Kanplas is your go-to source for cutting-edge plastic films and flexible packaging solutions in India. With our dedication to quality, innovation, and sustainability, we are equipped to handle the evolving needs of global markets. Choose Kanplas for packaging solutions that protect your products and the planet.

Explore More If you're interested in learning more about enhancing your brand's packaging strategies or need guidance on navigating the packaging industry, visit Kanplas for more information.

Kanplas

D19-20, Panki Industrial Area Udyog Nagar, Kanpur-208022 (INDIA)

9219812604

[industryinsightsandanalysis]

The Biodegradable Films Market: Trends, Growth, and Future Prospects

The global biodegradable films market has been experiencing substantial growth, driven by increasing environmental awareness, stringent regulatory policies, and the rising demand for sustainable packaging solutions. Biodegradable films, made from natural polymers such as starch, cellulose, and polylactic acid (PLA), decompose under natural conditions, thereby reducing environmental pollution and landfill waste. This article delves into the current state of the biodegradable films market, key trends, growth drivers, and future prospects.

Market Overview

As of 2023, the biodegradable films market is valued at approximately $1.4 billion and is expected to grow at a compound annual growth rate (CAGR) of around 10% from 2024 to 2030. The market’s expansion is propelled by the increasing adoption of eco-friendly materials in various industries, including food packaging, agriculture, and consumer goods.

Key Trends Driving the Market

1. Environmental Concerns and Regulations:

Governments and regulatory bodies worldwide are implementing stringent regulations to curb plastic pollution. For instance, the European Union's Single-Use Plastics Directive aims to significantly reduce the use of conventional plastics, encouraging the adoption of biodegradable alternatives. Such regulations are compelling manufacturers to shift towards sustainable materials, thereby boosting the biodegradable films market.

2. Technological Advancements:

Innovations in biotechnology and material science are leading to the development of more efficient and cost-effective biodegradable films. Advances in the production processes, such as the use of nanotechnology to enhance film properties, are making these products more competitive with traditional plastics.

3. Rising Consumer Awareness:

Consumers are becoming increasingly conscious of their environmental footprint, driving demand for sustainable products. The growing trend of eco-conscious consumerism is pushing brands to adopt biodegradable packaging solutions, further propelling market growth.

4. Growth in the Organic Food Market:

 The organic food industry, which emphasizes natural and sustainable practices, is a significant consumer of biodegradable films. As this market continues to expand, the demand for biodegradable packaging solutions is also expected to rise.

For a comprehensive analysis of the market drivers:- https://univdatos.com/report/biodegradable-films-market/

Major Applications

1. Food Packaging:

 Biodegradable films are widely used in food packaging due to their ability to provide a barrier to moisture, oxygen, and other gases, ensuring food safety and extending shelf life. The increasing demand for packaged and processed foods is a major driver for this segment.

2. Agriculture:

 In agriculture, biodegradable films are used for mulching, which helps in controlling weeds, retaining soil moisture, and enhancing crop yield. These films decompose naturally, eliminating the need for disposal and reducing environmental impact.

3. Consumer Goods:

Biodegradable films are increasingly used in the packaging of consumer goods such as personal care products and household items. The shift towards sustainable packaging in the retail sector is contributing to the growth of this application segment.

Regional Insights

The biodegradable films market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe holds the largest market share, driven by stringent environmental regulations and high consumer awareness. North America is also a significant market, with growing emphasis on sustainability and favorable government policies. The Asia-Pacific region is expected to witness the highest growth rate, attributed to rapid industrialization, increasing environmental concerns, and supportive regulatory frameworks in countries like China and India.

Challenges and Future Prospects

Despite the positive outlook, the biodegradable films market faces several challenges. High production costs compared to conventional plastics and limited availability of raw materials are significant barriers. Additionally, the lack of infrastructure for composting and recycling biodegradable materials can hinder market growth.

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However, ongoing research and development efforts aimed at improving the cost-effectiveness and performance of biodegradable films are expected to mitigate these challenges. The increasing investments in developing bio-based materials and expanding production capacities are likely to drive future market growth.

Conclusion

The biodegradable films market is poised for significant growth in the coming years, driven by environmental concerns, regulatory pressures, and rising consumer demand for sustainable products. With continuous technological advancements and increasing adoption across various industries, the market presents lucrative opportunities for manufacturers and stakeholders committed to sustainability. As the world moves towards a greener future, biodegradable films are set to play a pivotal role in reducing plastic pollution and promoting environmental stewardship.

Contact Us:

UnivDatos Market Insights

Email - contact@univdatos.com

Contact Number - +1 9782263411x

Website -www.univdatos.com

[marketsresearchinsights]

Biodegradable Mulch Films Market Key Players Profiles and Future Prospects

The latest “ Biodegradable Mulch Films Market Forecast | Share and Size - 2031” report by The Insight Partners offers a detailed analysis of prime factors that impact the market growth such as key market players, current market developments, and pivotal trends. The report includes an in-depth study of key determinants of the global market including drivers, challenges, restraints, and upcoming opportunities.

This market report is ideal for businesses opting to enter or excel in the Biodegradable Mulch Films market. This strategic market forecast not only makes businesses aware of present market scenarios but also presents future market forecasts. These insights profoundly cover Biodegradable Mulch Films market size, share, growth, and projected revenue in the forecast duration.

The Biodegradable Mulch Films market report encompasses driving factors of the market coupled with prime obstacles and restraining factors that hamper the Biodegradable Mulch Films market growth. The report helps existing manufacturers and entry-level companies devise strategies to battle challenges and leverage lucrative opportunities to gain a foothold in the global market.

How is the Biodegradable Mulch Films Market Report Beneficial for Your Business?

Figure out the Biodegradable Mulch Films market dynamics altogether | 2031

Inspect and scrutinize the competitive scenario and the future Biodegradable Mulch Films market landscape with the help of different strictures including Porter's five forces.

Understand the impact of different government regulations throughout the global Biodegradable Mulch Films market and evaluate the market condition in the tough time.

Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services.

Have a compact idea of the highest revenue-generating segment with the help of a thorough Biodegradable Mulch Films market analysis by our seasoned research experts.

A cost-effective way to gain valuable insights into the Biodegradable Mulch Films market without the need to host an independent team of researchers at their own cost.

Biodegradable Mulch Films Market diagrams, pie charts, regional market share maps, inventory network examination, and import/trade subtleties help you pitch investors.

The Biodegradable Mulch Films market report offers an in-depth analysis of the various prime market players that are active in the market. Moreover, it provides their thorough financial analysis, business strategies, SWOT profile, business overview, and recently launched products & services. In addition, the report offers recent market developments such as market expansion, mergers & acquisitions, and partnerships & collaborations. The prime market players observed in the report are Companies AEP Industries Inc., AL-PACK Enterprises Ltd., BASF SE, BioBag International AS, Grupo Armando Alvarez, Novamont S.p.A., RKW Group, RPC bpi group, The Dow Chemical Company, Zhejiang Hangzhou xinfu Pharmaceutical Co.,LtdOn the Basis of Type this market is categorized further into-

TPS

PLA

PHA

AAC

and Others

On the Basis of Application this market is categorized further into-

Fruits & Vegetables

Flower & Plants

Grains & Oilseeds

and Others

The report offers an in-depth study of every segment, which helps market players and stakeholders understand the fastest-growing segments with maximum Biodegradable Mulch Films market share and highest-grossing segments in the market.

The Biodegradable Mulch Films market is analyzed across the globe and highlights several factors that affect the performance of the market across the key regions –

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of Latin America)

The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

Rest of the World

The Biodegradable Mulch Films market research offers revenue forecasts for every year coupled with sales growth of the market. The forecasts are provided by skilled analysts and after an in-depth analysis of the Biodegradable Mulch Films market trends. These forecasts are essential for gaining investment insights into the prospects of any industry.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

[rupalic]

Latest Regulatory Trends Impacting the Agricultural Coatings Industry

Agricultural coatings refer to specialized coatings or films applied to agricultural surfaces, such as crops, seeds, or equipment, to enhance their performance, protect them from environmental factors, and improve overall productivity. These coatings serve various purposes in agriculture, ranging from protecting crops from pests and diseases to improving seed germination and ensuring the longevity of farm equipment.

The global agricultural coatings market is projected to witness substantial growth, with an estimated value of $3.7 billion in 2021, poised to reach $5.3 billion by 2026. The market is expected to experience a robust Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period.

Trends in Agricultural Coatings Market

Environmentally Friendly Formulations:

There has been an increasing demand for agricultural coatings that are environmentally friendly and sustainable. This includes coatings with reduced environmental impact, bio-based materials, and formulations that adhere to stringent regulatory standards.

Precision Agriculture Solutions:

Precision agriculture technologies have been influencing the agricultural coatings market. Coatings and films designed for precision agriculture aim to optimize resource use, protect crops more efficiently, and contribute to overall farm management strategies.

To know more get PDF Copy: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84350079

Smart Coatings and Nanotechnology:

Advancements in nanotechnology have paved the way for smart coatings that can respond to environmental conditions. Nanoparticles and smart polymers may be incorporated into coatings to provide controlled release of nutrients, pesticides, or other active ingredients.

Seed Enhancement Coatings:

Seed coatings that enhance seed performance by improving germination rates, providing protection against diseases and pests, and incorporating nutrients have gained attention. These coatings contribute to better crop yields and early plant development.

Biological and Organic Coatings:

Growing interest in sustainable agriculture has led to increased research and development of biological coatings. These coatings may include beneficial microorganisms, natural extracts, or organic compounds to protect crops in an eco-friendly manner.

Digital Farming Integration:

Integration with digital farming technologies is becoming more common. Coatings may be designed to work in conjunction with sensors, drones, and other digital tools to provide real-time data on crop health, allowing for more targeted and efficient application.

Focus on Crop Health and Disease Prevention:

Agricultural coatings that focus on preventing diseases and promoting overall crop health have gained importance. This includes coatings with antifungal or antibacterial properties to protect against pathogens.

Innovations in Mulching Films:

Mulching films and coatings designed to improve soil health, regulate temperature, and conserve moisture have seen innovations. Biodegradable mulching films are gaining popularity due to their environmentally friendly nature.

North America accounted for the largest share during the forecast period in the agricultural coatings market

The increase in the demand for high-yielding and disease-resistant crops from both domestic markets as well as export destinations are some of the key drivers of the agricultural coatings market in the region. The North American region mostly cultivates crops such as cereals & grains, fruits, vegetables, oilseeds & pulses, and also plants for clothing and other non-food uses. The region mainly grows cereals & grains, such as wheat, rice, barley, corn, sorghum, and oats, which demand more protection. In North America, agriculture is heavily mechanized with an integrated system of supporting agribusinesses. Especially in the US and Canada, most farmers and ranchers have adopted technology, although few groups continue to use animal power for cultivation purposes. Monoculture is popularly practiced in the North American zones. This results in the nutrient deterioration of nitrogen and phosphates in the soil. And also, there is a high possibility of diseases affecting a single species of plants.

Key Questions Addressed by the Report:

How big is the agricultural coatings industry?

What role do regulatory policies play in shaping the North America Agricultural Coatings Market?

Which region is projected to emerge as a global leader by 2026?

By unraveling essential questions, this report aims to provide a thorough understanding of market nuances, covering topics such as technological advancements, regulatory landscapes, and strategic investment opportunities.

Schedule a call with our Analysts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=84350079

Prominent firms featured:

BASF SE (Germany)

Bayer AG (Germany)

Clariant Technologies (Germany)

Croda International Plc (UK)

Sensient Technologies (US)

Germains Seed Technology (UK)

Milliken Chemical (US)

Precision Laboratories (US)

Pursell Agri-tech (US)

Novochem Group (Netherlands)

[imarcmarketreport]

Plastic Films Market Growth, Size, Trends, Revenue & Report 2024-2032

IMARC Group's report titled "Plastic Films Market by Product Type (Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polypropylene (PP), Polyethylene (PE), and Others), Application (Packaging, Decoration, Industrial), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the global plastic films market share. The global plastic films market size reached US$ 159.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 241.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.54% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/plastic-films-market/requestsample

Factors Affecting the Growth of the Plastic Films Industry:

Increasing Demand Across Diverse Industries:

The rising demand for plastic films across a wide spectrum of industries is impelling the growth of the market. In packaging, plastic films are becoming indispensable due to their lightweight nature, cost-effectiveness, and versatility. They offer a reliable solution for safeguarding goods during transportation and storage, reducing the risk of damage, and ensuring product integrity. Furthermore, the use of plastic films in agriculture serves multiple purposes, including greenhouse coverings, mulching, and crop protection, leading to enhanced yields, improved crop quality, and reduced water consumption. In the construction sector, plastic films find extensive applications, such as moisture barriers, insulation materials, and roofing membranes. They contribute to enhancing energy efficiency, preventing moisture ingress, and ensuring the longevity of structures.

Advancements in Material Technology:

Continuous advancements in material science and manufacturing systems are supporting the market growth. These innovations are resulting in the development of next-generation plastic films with superior properties, such as enhanced barrier performance, thermal stability, and recyclability. Manufacturers are leveraging cutting-edge technologies to engineer films that meet the evolving needs of end-users while addressing sustainability concerns. One notable trend is the emergence of bio-based and biodegradable plastic films, which offer a sustainable alternative to traditional petroleum-based counterparts. These eco-friendly films are derived from renewable sources, such as plant-based polymers or agricultural residues, reducing the dependence on fossil fuels and mitigating environmental impact.

Expanding End-Use Applications:

The versatility of plastic films is driving their adoption across a wide array of end-use applications. In the food and beverage (F&B) industry, plastic films play a crucial role in preserving freshness, extending shelf life, and enhancing visual appeal. The demand for flexible packaging formats, such as pouches, wraps, and bags, is rising due to user preferences for convenience and portability. Additionally, advancements in printing and labeling technologies enable manufacturers to create eye-catching packaging designs that stand out on retail shelves, driving engagement and brand loyalty. Furthermore, plastic films find extensive use in the automotive sector for interior trim, upholstery, and protective coatings. They offer lightweight, durable, and cost-effective solutions for enhancing vehicle aesthetics and functionality.

Leading Companies Operating in the Global Plastic Films Industry:

Amcor plc

Berry Global Inc.

Cosmo Films Limited

Dow Inc.

DuPont de Nemours Inc.

Exxon Mobil Corporation

Inteplast Group Corporation

Jindal Poly Films

Mitsubishi Chemical Holdings Corporation

Polyplex Corporation Limited

RKW Group

Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)

Toray Industries Inc.

UFlex Limited

Plastic Films Market Report Segmentation:

By Product Type:

Polyethylene Terephthalate (PET)

Polyvinyl Chloride (PVC)

Polypropylene (PP)

Polyethylene (PE)

Others

Polyethylene terephthalate (PET) represents the largest segment due to its durability.

By Application:

Packaging

Food Containers

Blister Packs

Electric & Electronic Purposes

Others

Decoration

Solid Color

Others

Industrial

Construction Materials

Safety Materials

Advertisement Lighting

Others 

Packaging exhibits a clear dominance in the market due to the rising utilization of plastic films for packaging a wide variety of products, including food and beverages, electronics, and cosmetics.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Europe's dominance in the plastic films market is attributed to the rising production of bio-based plastic films.

Global Plastic Films Market Trends:

The proliferation of e-commerce platforms is revolutionizing the retail landscape, with a growing number of people opting for online shopping. Plastic films play a critical role in the packaging of products for e-commerce, offering protection during shipping and handling while also providing tamper-evident features. The rise in online retail activities is catalyzing the demand for plastic films, particularly in the form of air pillows, bubble wraps, and polybags used for parcel packaging. Stringent regulations governing packaging materials and growing environmental concerns are prompting manufacturers to focus on sustainability and eco-friendly solutions. Governments worldwide are also imposing restrictions on single-use plastics and promoting the use of recyclable and biodegradable alternatives.

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[chemicalmarketwatch-sp]

Cultivating Growth: Navigating the Booming Agricultural Films Market

The global agricultural landscape is facing unprecedented challenges. A burgeoning population, shrinking arable land, and increasingly erratic weather patterns are putting immense pressure on food security. Fortunately, amidst these obstacles, innovation is flourishing, and one technology is quietly revolutionizing the field: agricultural films.

These versatile plastic sheets, used in greenhouses, mulching, and silage storage, are no longer simply a passive barrier. They're evolving into sophisticated tools, enabling farmers to maximize yields, protect crops, and optimize resource usage. Understanding the dynamic agricultural films market is crucial for anyone involved in modern agriculture, from farmers to investors.

A Market Sowing Seeds of Success:

The global agricultural films market is estimated to reach a staggering US$18.2 billion by 2028, growing at a compound annual growth rate (CAGR) of 6.9%. 

This explosive growth is fueled by:

Rising food demand: With the world population projected to reach 9.7 billion by 2050, agricultural productivity needs to significantly increase.

Controlled environment agriculture: Greenhouses and vertical farms utilizing agricultural films offer greater crop control and resilience against climate fluctuations.

Water conservation: Mulching films reduce water evaporation, a critical advantage in drought-prone regions.

Sustainable agriculture: Biodegradable and recycled film options are gaining traction, addressing environmental concerns.

Delving into the Diverse Landscape:

The agricultural films market is a tapestry woven from various types of films, each serving a distinct purpose:

Greenhouse films: These create controlled environments, regulating temperature, humidity, and light for optimal crop growth.

Mulching films: These suppress weeds, retain moisture, and regulate soil temperature, boosting crop yields and minimizing water usage.

Silage films: These preserve the nutritional value of fodder for livestock, minimizing waste and maximizing animal feed efficiency.

Emerging Trends for Future Harvests:

The agricultural films market is constantly evolving, embracing cutting-edge technologies to enhance efficiency and sustainability. Some exciting trends include:

Smart films: Embedded sensors monitor environmental conditions and adjust film properties in real-time, optimizing crop growth.

Biodegradable and compostable films: Addressing plastic waste concerns, these films decompose naturally, returning nutrients to the soil.

Nanotechnology: Incorporating nanoparticles into films enhances their strength, durability, and pest resistance.

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Taking Root in the Market:

Whether you're a farmer seeking to optimize your operations or an investor interested in a burgeoning industry, understanding the agricultural films market presents exciting opportunities. By staying informed about the latest trends and technologies, you can leverage the power of these versatile films to cultivate a more secure and sustainable agricultural future.

[chemicalresearchupdates]

Starch-blended Bioplastic Market Dynamics: Factors Shaping the Future of Green Packaging

The Starch-blended Bioplastic Market is estimated to be valued at US$ 300.6 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:

Starch-blended bioplastics are biodegradable plastic materials produced from plant-based renewable resources such as starch, lignocellulose, vegetable fats and oils. Starch-blended bioplastics offers various advantages over conventional plastics such as biodegradability, compostability and renewability. They are majorly used in manufacturing of food packaging films, disposable tableware and agriculture mulch films. Market Key Trends:

Increasing concern towards plastic wastes worldwide is a major factor driving the growth of the starch-blended bioplastic market. According to United Nations Environment Program (UNEP) each year over 300 million tons of plastic waste is generated globally out of which only 9% of plastics are recycled globally and around 12% are incinerated with remaining 79% of plastic wastes accumulating in landfills or finding their way in the environment. Starch-blended bioplastics offers a sustainable solution reduce plastic pollution. Moreover, favorable government policies and regulations supporting use of biodegradable and compostable plastics are also positively impacting the market growth. For instance, European Union has adopted various directives banning single-use plastic items. Porter’s Analysis:

Threat of new entrants: The threat of new entrants is moderate as the starch-blended bioplastic market requires substantial investments in R&D and manufacturing facilities. However, easy availability of raw materials reduces the threat.

Bargaining power of buyers: The bargaining power of buyers is high due to the presence of numerous bioplastic manufacturers and product substitutes. Buyers can negotiate on price points.

Bargaining power of suppliers: Supply of raw materials like starch is adequate due to abundant agricultural production. This keeps suppliers' bargaining power moderate.

Threat of new substitutes: The threat of new substitutes is high as conventional plastics and alternative bioplastics pose competition.

Competitive rivalry: Intense due to the presence of major players.

SWOT Analysis:

Strength: Biodegradable and sustainable nature of starch-blended bioplastics. Lower carbon footprint than petroleum-based plastics.

Weakness: High production cost compared to conventional plastics. Limited applications due to inadequate properties.

Opportunity: Growing demand for eco-friendly products driven by stringent regulations. Potential in food packaging and consumer goods industries.

Threats: Performance issues associated with degradation rate and water resistance. Volatility in raw material prices.

Key Takeaways:

The global starch-blended bioplastic market is expected to witness high growth, exhibiting a CAGR of 4.8% over the forecast period, due to increasing environmental concerns. This has prompted manufacturers to introduce alternatives to petroleum-based plastics. Regional analysis: North America dominates the market and is expected to grow at 5.2% CAGR owing to strict regulations prohibiting single-use plastics and favorable government policies for bioplastics adoption. The Asia Pacific is expected to witness the fastest growth of 6.5% CAGR during the forecast period due to the expansion of end-use industries in countries such as China, India, and Japan. Key players operating in the starch-blended bioplastic market are BASF SE, Biome Bioplastics, Cardia Bioplastic, Braskem, Corbion Purac, Novamont S.p.A, NatureWorks LLC, Innovia Films., TORAY INDUSTRIES, INC., and BioBag International AS. These majors are expanding their production capacities through mergers & acquisitions and collaboration with plastic producers and agricultural companies

[jayanthitbrc]

Global Mulch Films Market Overview – Market Growth Analysis And Key Drivers

The Mulch Films Global Market Report 2023, provides comprehensive information on the mulch films market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Mulch Films Market’s Growth:

As per The Business Research Company’s Mulch Films Global Market Report 2023, the global mulch films market size is expected to grow from $3.99 billion in 2022 to $4.32 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mulch films market size is expected to reach $5.71 billion in 2027 at a CAGR of 7.2%.

Get A Free Sample Of The Report (Includes Graphs And Tables):

Product innovations are a key trend gaining popularity in the mulch films market. Major companies operating in the mulch films market are developing new products to strengthen their position in the market. For instance, in Feb 2020, Novamont S.p.A, an Italy-based company operating in mulch films launched MATER-BI bioplastic, used for the production of soil-biodegradable mulch films in compliance with European standard UNI EN17033 has been certified to comply with the AIAB Technical Means specification. This product would aim to guarantee all farmers and professional users products that have been compatible with the environment and will meet technical and ethical sustainability requirements and capable of use under different environmental conditions and on crops having many different cycles with excellent agricultural results. Due to its biodegradability in soil MATER-BI film ad does not need to be recovered and disposed of at the end of the cultivation cycle, and left in the soil where it is biodegraded by microorganisms, and helping to reduce plastic waste production and preserve the soil from pollution by plastics.

The mulch films market is segmented:

1) By Product Type: Non-Biodegradable, Biodegradable

2) By Material Type: Polyethylene, Polypropylene, Polyvinyl Chloride, Polylactic Acid /Polyhydroxyalkanoates, Polybutylene Succinate, Ethylene-Vinyl Acetate, Other Bio-Based Material

3) By Application: Agriculture, Horticulture

Asia-Pacific was the largest region in the mulch films market in 2022.

The table of contents in TBRC’s mulch films market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

.

.

.

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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[pearlsmith25]

PVOH Films Market Unleashed: Eco-Friendly Packaging Solutions Galore

The PVOH (Polyvinyl Alcohol) Films market is witnessing significant growth in recent years, driven by its versatile applications across various industries. PVOH films, made from polyvinyl alcohol resins, have gained prominence as a sustainable packaging solution and are gradually replacing traditional plastics due to their eco-friendly characteristics. This article delves into the PVOH films market, exploring its key drivers, applications, challenges, and future prospects.

Understanding PVOH Films

Polyvinyl Alcohol (PVOH) market, a synthetic polymer, serves as the primary material for manufacturing PVOH films. These films are renowned for their exceptional water solubility, biodegradability, and excellent barrier properties. As a result, they find applications in diverse sectors such as packaging, agriculture, textile, and pharmaceuticals.

Market Growth Drivers

1. Sustainable Packaging Solutions: The escalating concern about environmental sustainability has fueled the demand for PVOH films as an eco-friendly alternative to traditional plastics. PVOH films are biodegradable, reducing plastic pollution and contributing to a circular economy.

2. Food Packaging: The food and beverage industry is a major consumer of PVOH films. These films provide an excellent oxygen barrier, extending the shelf life of products. Moreover, they do not impart any taste or odor to the packaged contents, making them ideal for food packaging.

3. Water-Soluble Packaging: PVOH films are used in single-use packaging for detergents, cleaning agents, and other household products. Consumers can simply toss the packaging into the washing machine or dissolve it in water, minimizing plastic waste.

4. Pharmaceutical Applications: PVOH films are utilized for the packaging of pharmaceutical tablets and capsules, ensuring product integrity and protection from external factors.

5. Agricultural Sector: PVOH films are employed in agriculture for mulching purposes, enhancing crop yield and conserving soil moisture.

Challenges in the PVOH Films Market

While the PVOH films market is experiencing robust growth, it also faces several challenges:

1. Cost: PVOH films are relatively more expensive to produce compared to conventional plastics, which can deter some manufacturers from adopting them.

2. Limited Awareness: Despite their eco-friendly advantages, PVOH films are still not widely recognized among consumers and businesses, hindering their widespread adoption.

3. Recycling Infrastructure: The recycling of PVOH films is complex and requires specialized facilities. A lack of such infrastructure can impede the recycling and reusability of these films.

Market Trends

1. Research and Development: Continuous research and development efforts are underway to enhance the properties of PVOH films, making them more cost-effective and adaptable to various applications.

2. Sustainable Initiatives: Governments and regulatory bodies are increasingly promoting sustainable packaging materials, which is likely to boost the adoption of PVOH films.

3. Circular Economy: Companies are exploring ways to establish a circular economy for PVOH films by developing recycling processes and encouraging the return of used packaging materials.

Regional Insights

The PVOH films market is geographically diverse. Asia-Pacific dominates the market due to its vast industrial base and growing awareness of environmental issues. North America and Europe are also significant contributors to the market, driven by stringent environmental regulations and the preference for sustainable packaging solutions.

Future Outlook

The future of the PVOH films market demand looks promising. As consumers and industries become more environmentally conscious, the demand for sustainable packaging materials like PVOH films is expected to rise. With ongoing innovations and investments in recycling infrastructure, PVOH films are likely to become more cost-competitive and widely adopted across various sectors.

Conclusion

The PVOH films market is at the forefront of sustainable packaging solutions, offering a viable alternative to traditional plastics. As environmental concerns intensify, the demand for PVOH films is poised to grow further. While challenges exist, ongoing research and development efforts, coupled with government initiatives, are expected to drive the market's expansion. The PVOH films market is not just a growing trend; it's a significant step towards a more sustainable future.

[delvenservices]

Bioplastics & Biopolymers Market Trends & Revenue Analysis

Bioplastics & Biopolymers Market projected to reach USD 46.1 billion in 2030

Bioplastics & Biopolymers Market, By Type (Biodegradable, Non-Biodegradable, Others), by End-Use Industry (Packaging, Consumer Goods, Automotive and Transportation, Textile, Agriculture, Others), By raw material (Sugar Cane, Potato, Corn Starch, Switchgrass, Vegetable Oil, Cassava, Wheat, Others) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Market Overview

The global Bioplastics & Biopolymers market size was estimated at USD 13.6 billion in 2023 and is projected to reach USD 46.1 billion in 2030 at a CAGR of 19.1% during the forecast period 2023-2030.

Moldable plastic made from chemical compounds derived or synthesized by microbes such as bacteria or genetically modified plants. Bioplastic is a durable plastic made from bio-based materials such as sugar, algae and starch. Biopolymers are a broad class of materials that include, in addition to bioplastics, natural polymers such as silk, chitosan and wool. Examples of biopolymers are natural gums (isoprene polymers), suberin and lignin (complex polyphenolic polymers), cutin and cutan (complex polymers of long-chain fatty acids), and melanin. Bioplastics are made from human and animal waste, plant products and agricultural waste, which are then recycled and used to make new products using the latest technology. Bioplastics and biopolymers are widely used in the packaging industry. Therefore, bio-based raw materials such as starch and plant by-products are used to meet strict government environmental regulations. Therefore, the quality of the products in this industry is worse than in the traditional plastic manufacturing industry. Bioplastics are mostly used for food storage and can be stored for longer periods of time without refrigeration while maintaining their chemical properties.

The main factor driving the growth of the bioplastics-biopolymers market is the widespread use of biopolymers in the automotive and construction industries. In addition, growing consumer preference for eco-friendly plastic products, rising waste management regulations in Europe, and governments' focus on green procurement policies and regulations are also expected to boost the growth of the bioplastics-biopolymers market. However, higher prices and performance issues than traditional bioplastics restrain the bioplastics - biopolymers market, while oil price volatility and limited regulations related to bioplastics in developing countries challenge market growth.

The coronavirus pandemic has had mixed effects on the bio-based sector, with some companies helping to combat the epidemic with technological solutions, while others appear to be seeing increased demand for biodegradable carry-on packaging.

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Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The bioplastics and biopolymers market is primarily driven by increasing demand for plastic convenience and premium foods, increasing urban population leading to food adoption, increasing consumption of processed or stored foods and packaged foods for consumers worldwide, increasing disposable income of eatable food and   versatility of food and packaging. One of the dominant end uses in the bioplastics and biopolymers market is packaging. Bioplastic, especially biodegradable bioplastic, is becoming a substitute for conventional plastic for environmental reasons. Bioplastics are increasingly used in bottles, films, clamshell packaging, waste collection bags, carrier bags, mulch films and serving dishes. In addition, the market is expected to grow due to the increase in demand for packaged foods, innovation and development of bioplastic packaging, increasing healthcare of consumers, and increasing wear-resistant foods by food owners. Changing lifestyles of consumers in developed countries, growing pharmaceutical, food and other industries, and the emergence of new product developments in the field of bioplastic and biopolymer products will create opportunities for manufacturers in the global market during the forecast period. These factors have led to the expansion of the market and increased demand for Bioplastics & Biopolymers solutions.

Key Findings

The type segment is further fragmented into Biodegradable, Non-Biodegradable and Others. The Starch based segment under the biodegradable segment is expected to account for a larger market size during the forecast period. Starch is usually added to conventional plastics to give the resulting compounds some degree of biodegradability. Starch blends are excellent biodegradable fillers due to the poor thermal stability and melting properties of most materials. They can be used to reduce costs and accelerate the biodegradation of composite materials. Low starch content and PP blends increase flexibility and flexibility, making the grade ideal for extrusion applications. The grade's high starch content promotes brittleness, resulting in low tensile strength compared to conventional PP, making it suitable for injection molding applications.

The raw material segment is further bifurcated into sugar cane, potato, corn starch, switchgrass, vegetable oil, cassava, wheat and others. The corn starch is the largest market during the forecast period. Corn starch is obtained from corn kernels, which are used to make polylactic acid (PLA). Corn kernels are the cheapest available and also the most abundant source available. Corn bioplastics made from PLA are a popular alternative to traditional plastics derived from petroleum-based chemicals. Biodegradable packaging materials, food bags and food packaging materials can be made from cornstarch bioplastic. It is also used in medical implants and surgical devices such as sutures, ligatures and mesh. One of the leading manufacturers, NatureWorks LLC, launched Inge's line of bioplastics derived from corn starch for high-value-added applications in rigid and flexible packaging manufacturing.

The end-user industry segment is further bifurcated into packaging, consumer goods, automotive and transportation, textile, agriculture, others. Large enterprises to account for a larger market size during the forecast period. Biopolymers have special advantages such as biodegradability and bio-based content, making them a better choice for agriculture. Farmers used BAT and PBS mulch films to improve crop productivity and soil quality. These polymers are also used in the cultivation, harvesting and processing of agricultural products. Agricultural films can also be used to make pots. Biopolymers such as starch-based plastics, BAT and PBS are used in a wide range of applications, including agricultural mulch films, seed strips, ribbon plantings, planters and cover films. Adding mulch increased biodegradability and water solubility of bioplastic. This has led to an increase in demand for bioplastics in agriculture.  

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Europe is estimated to account for the largest market share during the forecast period owing to the consumer acceptability of bioplastics.

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Regional Analysis

Europe to Dominate the Market

Europe is estimated to account for the largest market share during the forecast period. In Europe, consumers have started accepting bioplastics for their daily uses.  

Moreover, the increasing usage of bioplastics in key end-use industries such as consumer goods, packaging, textiles, automotive & transportation, and medical devices among others.

Competitive Landscape

Arctic Biomaterials

Avantium

BASF SE

Biome Bioplastics Ltd.

Bio-On

Biotec

Braskem SE

Cardia Bioplastics

Corbion

Futerro

Green Dot Bioplasics

Ineos Styrolution

LyondellBasell

Mitsbushi Chemical Group Corporation

Natureworks LLC

Novamont SPA

Plantic Technologies

SABIC

Solvay

Teijin Ltd.

Teknor Apex

Toray Industries

Total Energies

Trinseo S.A.

Recent Developments

In November 2022, Total Energies Corbion announced a long-term collaboration with BGF. Both companies entered into arrangement for application development and the supply of Luminy PLA.  

In October 2022, Braskem announced to expand its I'm greenTM biopolymer production capacity by 30%. The company is investing USD 60 million to expand the capacity. Brakem and SC chemicals are the partners for the project. This partnership helps to double the current capacity for I'm greenTM products.

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Reasons to Acquire

Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.  

Gain authentic and granular data access for the Bioplastics & Biopolymers Market to understand the trends and the factors involved in changing market situations.  

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.  

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope

The Bioplastics & Biopolymers Market is segmented into various segments such as Type, End-user industry, raw material and region:

Based on Type

Biodegradable  

PLA

PBAT

PHA

PBS

Starch Based

Cellulose Films

Others

Non-Biodegradable  

Bio-PE

Bio-PP

Bio-PET

Bio-PA

PTT

PEF

Others

Based on the End-Use Industry

Packaging

Consumer Goods

Automotive and Transportation

Textile

Agriculture

Others

Based on the Raw Material

Sugar Cane

Potato

Corn Starch

Switchgrass

Vegetable Oil

Cassava

Wheat

Others

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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Biodegradable Plastic - Wishtree Insight

There was a time when petroleum-derived plastics were the only option to make products that we use in our day-to-day lives. The time has changed and we moved into an era of plastic with biodegradable qualities.

What is Biodegradable Plastic? 

Biodegradable plastic is a variation of plastic that can be naturally decomposed by microbes, carbon dioxide, and biomass under particular conditions. It refers to an eco-friendly product. It includes renewable raw materials and petroleum-based sources which degrade naturally in base compounds. It consumes less energy during the manufacturing process and results in the reduction of emissions of greenhouse gases (GHGs), carbon footprint, and waste production. After exposure to the microorganism present in the environment, such plastic products disintegrate shortly. 

The biodegradation of plastic is done in a controlled degradation in an inherent environment or by enzyme-assisted mechanisms, as the disposable condition is different worldwide. 

Why Biodegradable Plastic?

High applicability. Reduces waste production.

Easy processing capabilities with conventional machining.

Different fillers (like clay, lime, wood paper, etc), can be added depending on the application.

Co-injection with materials (LDPE, HDPE, and PP) can be done. 

Less energy consumption while manufacturing.

The plastic decomposes quickly and can be discarded using an organic process. It is easy to recycle.

Biodegradable plastic is the key to pollution-free nature as it reduces CO2 levels.

Composting bioplastic products makes the soil fertile. Though it is made using chemicals those are natural sources.

Biodegradable plastics and industrial sectors

The global biodegradable plastic market exhibited moderate growth from the year 2015-2020.

Packaging Sector- Packaging is the largest end-use industry worldwide. And thus, to make the environment eco-friendly these industries are switching to biodegradable plastic which accounted for the share of 53.5%, 2020, of the global biodegradable plastics market. Also, the Changes in the lifestyle of consumers and rising environmental concerns have boosted the demand for biodegradable plastics in the packaging industry.

Agriculture and Horticulture Sector - Due to its biodegradable nature, it is used for manufacturing mulching films and plant pots. This has increased the utilization of agricultural products in the burgeoning food and beverage (F&B) sector. And has become one of the key factors to uplift the market growth.

Global Biodegradable Plastic Market Trends:

The increasing awareness of non-biodegradable plastic products has driven awareness in the global market. Along with this, many countries worldwide are taking initiatives to impose bans on the usage of non-biodegradable plastic products. Thus, biodegradable plastic is getting a positive outlook for the global market. Concerning the environment, people are also demanding and started using eco-friendly alternatives. The various sectors in the market like food and beverages, personal care and cosmetics, and fashion are further driven by the widespread adoption of biodegradable plastic packaging solutions.

Other factors contributing to the market growth include continual technological advancements and rising investments by public and private firms that have introduced improved product variants in the market. 

According to the factors, during 2021 – 2026, the market is anticipated to grow at a CAGR of 8%. In 2021, the global biodegradable plastic market size was estimated at USD 4.1 billion, which is expected to expand at a CAGR of 9.7%. 

Governments worldwide prohibiting the use of single-use plastic have raised awareness among people and have stimulated market growth. The increasing use of biodegradable plastics in packaging and agriculture has played a vital role in the growth of the segment. Non-decomposable plastics have become a global issue due to their hazardous effects. Globally all governments are tackling this problem by banning single-use plastics and promoting the use of biodegradable plastics. Consumers are willing to pay more for biodegradable plastic to save nature and make an eco-friendly environment. 

Market Summary:

The U.S. plastic biodegradable market has been classified into starch-based, PLA, PBS, PBAT, PHA, and others, based on plastic type. Here the market is segregated into packaging, agriculture, consumer goods, and others, based on the end user.

Based on the Biodegradable Plastic market is divided into North America (including the United States and Canada), Asia-Pacific (includes China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (includes Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (includes Brazil, Mexico, and others), and the Middle East and Africa.

Conclusion:

Though Biodegradable plastic has environmental advantages, it also has drawbacks as the segregation of conventional plastics and biodegradable plastic becomes a tough job. 

Not all biodegradable plastics easily decompose in the natural environment, they require a specific environment in terms of moisture and temperature. During the decomposition process, some biodegradable plastics release greenhouse gases. These factors may act as stumbling stones in the upward climb of the market.

Research institutes and governments worldwide have taken necessary steps to make use of biodegradable plastic.

The applications of biodegradable plastics are increasing every day. They are reaching factories globally willing to make the environment eco-friendly and sustainable for everyone.