Market Share of Biodegradable Mulch Film Industry
The biodegradable mulch film market is fragmented, and the major players are using various strategies, such as new product launches and agreements, to increase their footprints in this market. Key players are BASF SE, BioBag International AS, etc. Recent developments in the market are -
- Aug 2019 - BASF announced a certified soil-biodegradable plastic for mulch films known as Ecovio M 2351, which is made from its biodegradable co-polyester known as PBAT (polybutylene adipate terephthalate) Ecoflex and other major biodegradable polymers that are based on renewable raw materials. Mulch films which are made of Ecovio M 2351 can be plowed into soil after its mechanical harvest, as naturally occurring micro-organisms recognize the structure of the film in the soil.
Biodegradable Mulch Film Market Leaders
BASF SE
BioBag International AS
Organix A.G
Armando Alvarez Group
Novamont S.p.A.
*Disclaimer: Major Players sorted in no particular order
