Global Bioplastic Textile Market

Bioplastic Textile Market Size, Share, Growth Analysis, By Source(Sugarcane, Beet, Corn Starch, Cassava), By Material(Polylactic Acid, Polyhydroxyalkanoates, Polyhydroxybutyrate, Bio-polyester), By End-user(Home Textiles, Clothing, and Footwear), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25M2054 | Region: Global | Published Date: February, 2024
Pages: 223 | Tables: 93 | Figures: 76

Bioplastic Textile Market Insights

Global Bioplastic Textile Market size was valued at USD 599.67 million in 2021 and is poised to grow from USD 671.03 million in 2022 to USD 1649.62 million by 2030, growing at a CAGR of 11.9% in the forecast period (2023-2030).

The international bioplastic textile market is experiencing sizeable boom as sustainability and eco-awareness turn out to be increasingly essential to clients and corporations alike. Bioplastic textiles, which might be made from renewable and biodegradable sources, offer a greater environmentally friendly alternative to traditional textiles. This shift towards eco-friendly substances is driven with the aid of a growing consciousness of the harmful environmental impacts associated with traditional fabric production and disposal.

Companies inside the bioplastic fabric industry are innovating to create products that meet each environmental and performance requirements, making them appealing to a huge range of industries, consisting of style, automobile, and domestic textiles. Moreover, regulatory projects promoting sustainable practices are further propelling the adoption of bioplastic textiles.

As purchaser demand for sustainable and green products keeps to rise, the bioplastic textile market is poised for persisted expansion. The marketplace's growth is underpinned with the aid of a global push toward a greater sustainable destiny, emphasizing the significance of environmentally responsible production methods and substances in the textile industry.

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Bioplastic Textile Market size was valued at USD 599.67 million in 2021 and is poised to grow from USD 671.03 million in 2022 to USD 1649.62 million by 2030, growing at a CAGR of 11.9% in the forecast period (2023-2030).

The aggressive landscape inside the bioplastic textile enterprise is characterized by a numerous array of companies striving to set up themselves as leaders in sustainable fabric manufacturing. These players are engaged in research and improvement efforts to create innovative bioplastic textile materials that offer enhanced sturdiness, performance, and environmental blessings. 'FuR (US)', 'Ercros S.A. (Spain)', 'NaturePlast (France)', 'Corbion N.V. (Netherlands)', 'Bio-on SpA (Italy)', 'Biome (UK)', 'GALATEA BIO TECH (US)', 'DuPont de Nemours, Inc. (US)', 'Gucci (Italy)', 'BASF SE (Germany)', 'Bioplastics Ltd (UK)', 'TotalEnergies (France)', 'Novamont S.p.A. (Italy)', 'Mitsubishi Chemical Corporation (Japan)', 'PTT Chemical Public Company Limited (Thailand)', 'Arkema S.A. (France)', 'Eastman Chemical Company (US)', 'Cardia Bioplastics (Australia)', 'FKuR Kunststoff GmbH (Germany)', 'Plantic Technologies Limited (Australia)'

Europe is presently dominating the bioplastic textile marketplace. This dominance is attributed to the location's strong emphasis on sustainability and green practices. European countries have been early adopters of bioplastic textiles, pushed by stringent environmental guidelines and developing purchaser attention to the need for sustainable textiles.

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Global Bioplastic Textile Market

Report ID: SQMIG25M2054

$5,300
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