Mulch is a layer of material applied on soil surface to improve fertility and health of the soil, retain soil moisture, reduce weed growth, and provide visual appeal. Various types of mulch materials are available in the market. These include rubber, crushed stones, woodchip, wood fiber, peat moss, grass clipping, leaves, pine straw, shredded wood, and arborist wood chips.
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Mulch is applied on existing plants or soil through the year. Flower beds need to be leveled and weeds need to be removed before application of mulch.
Mulch colorant is used to color mulch materials. Mulch colors are produced with the use of iron oxides and carbon. Wide range of mulch colors are available in the market. These include red, yellow, brown, golden, black, and shades of different colors. These colorants are available in liquid and powder forms. Liquid colorants are used with coloring equipment, while powder colorants are employed during the grinding process.
Colored mulch is an excellent decorative aid that is used on various areas. For instance, it is applied around the base of trees, parks, flower beds, golf courses, leisure parks, and landscaped areas of industrial sites. It is also applied on indoor shop window decoration and plant containers.
Much colorants prevent soil erosion and water evaporation. They also restrict the growth of weed, and are used to add nutrients to plants.
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Key Drivers for Mulch Colorants Market
Growth in usage of mulch in commercial and residential spaces is a key factor driving the global mulch colorants market. Demand for mulch colorants has been rising in order to produce unique and durable mulch products.
Innovation in products has boosted the global mulch colorants market. The usage of mulch colorants has been rising in public spaces, as they are high in esthetic value. This is a major factor boosting the global mulch colorants market.
Increase in landscaping activities across the globe and rise in government investment in development of playgrounds are positively impacting the mulch colorants market
Presence of toxic materials and heavy metals in mulch colorants and implementation of stringent environmental regulations are estimated to hamper the market during the forecast period
Iron Oxide Based Dye Segment to Hold Significant Share of Global Mulch Colorants Market
Based on product, the mulch colorants market can be segmented into carbon based dye and iron oxide based dye
The iron oxide based dye segment is anticipated to expand at a faster pace during the forecast period. Mulch colorants are widely used in various public utility spaces such as walkways, public gardens, and building spaces. Increase in commercial construction activities is projected to boost the demand for mulch colorants.
Mulch colorants prevent the growth of weed around mulched areas. They also help retain water and prevent soil erosion.
Gardens & Landscapes Segment to Account for Significant Share of Global Mulch Colorants Market
Based on application, the mulch colorants market can be divided into playgrounds, office buildings, gardens & landscapes, residential, and others
Gardens & landscapes is anticipated to remain the dominant segment of the global mulch colorants market during the forecast period. Mulch colorants are versatile and offer excellent properties such as UV resistance, soil enhancement, and reduction of weed growth.
The residential segment is estimated to expand at a rapid pace during the forecast period. Increase in standard of living and rise in disposable income of consumers are key factors likely to boost the global mulch colorants market in the near future.
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Europe to Offer Lucrative Opportunities
In terms of region, the global mulch colorants market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Europe is anticipated to constitute the major share of the market during the forecast period. Presence of large numbers of gardens and playgrounds is a key factor boosting the market in the region.
North America follows Europe in the global mulch colorant market. The market in Asia Pacific is projected to expand at a pace during the forecast period. It is estimated to be followed by the market in Latin America.
Key Players in Market
The global mulch colorants market was fragmented in 2018. Major players adopt various key strategies such as development of new products and expanding their market reach by increasing their distribution network in emerging markets
Key players operating in the mulch colorants market include:
Applied Minerals Inc.
Sasco Chemical Group, Inc.
CMC Mulch Products
Florida Coastal Colors
T.H, Glennon Co.