Bioplastic Textiles Market 2021 - Overview, Growth, Opportunities and Development 2028

Bioplastics materials are prepared from renewable plant-based fibers, which are almost 25% less in weight compared to non-renewable fibers. Some of the commonly utilized feedstock in making bioplastics are tapioca, corn starch, and soybeans. Bioplastic textiles sourced from sugarcane, beet, corn starch, cassava, and others primarily find application in home textiles, clothing, and footwear. The raw materials include Polytrimethylene Terephthalate [PTT], Polyamide [PA], Polyethylene Terephthalate [PET], Polylactic Acid [PLA], and Others.

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The bioplastic textiles market has witnessed significant growth owing to factors such as favorable government policies and ecofriendly raw materials availability in the market. Bioplastics are made from plant-based fibers, it would open new opportunities for the development of the market. However, huge capital cost associated with the production of bioplastics is predicted to hinder the bioplastic textiles market growth.

"Global Bioplastic Textiles Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the bioplastic textiles market with detailed market segmentation by material, source, application. The global bioplastic textiles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bioplastic textiles market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global bioplastic textiles market is segmented into material, source, application. By material, the bioplastic textiles market is classified into Polytrimethylene Terephthalate [PTT], Polyamide [PA], Polyethylene Terephthalate [PET], Polylactic Acid [PLA], and Others. By source, the bioplastic textiles market is classified into Sugarcane, Beet, Corn Starch, Cassava, and Others. By application, the bioplastic textiles market is classified into Home Textiles, Clothing, Footwear, and Others.

Impacts of Covid-19 on the Market

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘bioplastic textiles market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of COVID -19 Situation.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global bioplastic textiles market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Bioplastic textiles market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the bioplastic textiles market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the bioplastic textiles market in these regions.

MARKET PLAYERS

1. Lacoste
2. Teijin
3. Gucci
4. Ercros SA
5. Puma
6. Unitika
7. NatureWorks LLC
8. Patagonia
9. Offset Warehouse
10. ZS Fabrics

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This release was published on openPR.