Press release
Bioplastic Textiles Market Projected to Grow at a CAGR of 13.5% by 2026 Globally – Axiom MRC
Bioplastic Textiles Market - Axiom MRC
The report analyses the global bioplastics textiles market based on source, material, application, and geography. Various source studied are segmented into sugarcane, corn starch, beet, cassava. The materials segment includes polyhydroxybutyrate [PHB], bio-polyester [BIO-PES], bio-polyamide [BIO-PA], polyhydroxyalkanoates [PHA], polylactic acid [PLA], Polytrimethylene terephthalate (PTT). Furthermore, the major application considered in the study is home textiles, clothing, and footwear.
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Segmental Highlights :
• Sugarcane is highly preferred source for bioplastics textiles production owing to high availability, low cost and environment friendly properties
• Poly lactic acid holds a maximum share in the material segment due to key properties including superior resistance to abrasion and wrinkle along with high elasticity and similar properties as polyethylene and polystyrene which makes it a suitable substitute for these materials
• Clothing industry accounts for largest share in bioplastic textiles market. Rising concerns regarding textile pollution from clothing industry will drive market growth for this application
• Europe dominates regional segment along with Asia Pacific observed as a fastest growing market for bioplastic textiles.
Browse for More Details: https://www.axiommrc.com/product/10160-bioplastic-textiles-market-report
Key competitor Analysis:
Key industry players operating in the bioplastic textiles market share are Lacoste, Teijin, Gucci, Ercros SA, Corbion, NaturePlast, Patagonia, DuPont de Nemours, Inc., Biome Bioplastics Ltd, GALATEA BIO TECH, and Unitika. Major end use clothing brands are manufacturing bioplastic textile based products to establish competitive edge, thus driving industry growth. Moreover, partnerships, collaboration and product innovation are key business strategies adopted by the key players to strengthen market position.
Our Other Related Reports:
Bioplastics Biopolymers Market Report:
https://axiommrc.com/product/10115-bioplastics-biopolymers-market-report
Flexible Packaging Market Report:
https://axiommrc.com/product/pg1868-flexible-packaging-market-report
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About Us:
Axiom Market Research & Consulting™ is a full-service market research and data analytics company providing key market intelligence to global companies to take informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.
Axiom Market Research & Consulting™ offers market research services such as syndicated market research, custom market research, business consulting, and consumer/end user surveys. Under Business to Consumer (B2C) market research offerings, Axiom MRC assists its clients in finding quantitative information/preferences of its brands and services such as, awareness, usages, satisfaction, tracking, ethnicity etc. Axiom MRC offers data collection services through online surveys, social media, data processing and interpretation.
Axiom MRC with its experienced team of research and data analysts, has delivered more than 700+ Market Research Projects, 2100+ Data Analytics Projects, 260+ Business Support Projects and has a 400+ Global Client Base. Axiom Market Research & Consulting™ aims to become the preferred market research and data analytics company by providing key market intelligence solutions for client’s business growth.
For more information, visit Axiom Market Research & Consulting™ at www.axiommrc.com
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