South Korea Biodegradable Mulch Films Market Size & Outlook
South Korea biodegradable mulch films market, 2018-2030 (US$M)
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South Korea biodegradable mulch films market highlights
- The South Korea biodegradable mulch films market generated a revenue of USD 2,727.7 million in 2023 and is expected to reach USD 4,613.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, thermoplastic startch (tps) was the largest revenue generating form in 2023.
- Thermoplastic startch (TPS) is the most lucrative form segment registering the fastest growth during the forecast period.
Biodegradable mulch films market data book summary
| Market revenue in 2023 | USD 2,727.7 million |
| Market revenue in 2030 | USD 4,613.6 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Thermoplastic startch (tps) |
| Fastest growing segment | Thermoplastic startch (TPS) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic startch (TPS), Startch blended with polylactic acid (PLA), Startch blended with polyhydroxyalkanoate (PHA), Aliphatic-aromatic copolyesters (AAC) |
| Key market players worldwide | Basf SE, BioBag International, Kingfa Technology, Kingfa Science & Technology (I, RKW Group, Armando Alvarez Group, Al-Pack, Novamont, Rani Plast |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.7% of the global biodegradable mulch films market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China biodegradable mulch films market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 20,600.5 million by 2030.
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Biodegradable Mulch Films Market Scope
Biodegradable Mulch Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea biodegradable mulch films market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable mulch films market will help companies and investors design strategic landscapes.
Thermoplastic startch (tps) was the largest segment with a revenue share of 61.17% in 2023. Horizon Databook has segmented the South Korea biodegradable mulch films market based on thermoplastic startch (tps), startch blended with polylactic acid (pla), startch blended with polyhydroxyalkanoate (pha), aliphatic-aromatic copolyesters (aac) covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Biodegradable Mulch Films Form Outlook (Revenue, USD Million, 2018-2030)
- Thermoplastic startch (TPS)
- Startch blended with polylactic acid (PLA)
- Startch blended with polyhydroxyalkanoate (PHA)
- Aliphatic-aromatic copolyesters (AAC)
- Others
- South Korea Biodegradable Mulch Films Crop Outlook (Revenue, USD Million, 2018-2030)
- Fruits & Vegetables
- Grains & Oilseeds
- Flowers & Plants
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Our clientele includes a mix of biodegradable mulch films market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea biodegradable mulch films market , including forecasts for subscribers. This country databook contains high-level insights into South Korea biodegradable mulch films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea biodegradable mulch films market size, by form, 2018-2030 (US$M)
South Korea Biodegradable Mulch Films Market Outlook Share, 2023 & 2030 (US$M)
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