Press release
Bioplastic Textile Market Revenue to Hit USD 1.5 Billion by 2026
Findings from Facts and Factors report "Bioplastic Textile Market By Material (Polylactic Acid [PLA], Polyhydroxyalkanoates [PHA], Polyhydroxybutyrate [PHB], Bio-polyester [Bio-PES], and Bio-polyamide [Bio-PA]), By Source (Sugarcane, Beet, Corn Starch, and Cassava), By End-Use (Home Textiles, Clothing, and Footwear), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Bioplastic Textile market in 2019 was approximately USD 1.04 Billion. The market is expected to grow at a CAGR of 4.5% and is anticipated to reach around USD 1.5 Billion by 2026.๐๐๐๐ ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/sample/global-bioplastic-textile-market-by-material-polylactic-acid-1020
Some of the major players in the global Bioplastic Textile market include
Ercros SA
Adidas
Teijin
Lacoste
ZS Fabrics
Gucci
Unitika
Puma
Patagonia
NatureWorks LLC
Reebok
Versace, and Offset Warehouse.
Biodegradable plastics including polylactic acid, poly (glycolide), and polyhydroxyalkanoate are extensively used in the textile sector owing to the high demand for eco-friendly materials. The myriad functionalities and biomass utilities are likely to upsurge the bioplastic textile industry. Bioplastics are used in textile products such as medical fabrics, sports bags, etc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/sample/global-bioplastic-textile-market-by-material-polylactic-acid-1020
The changing consumer preferences and inclination toward sustainable products are helping the Bioplastic Textile market gain momentum during the forecast period. Furthermore, favorable government regulations and environment-friendly raw materials will help offer new opportunities for the industry.
The negative impact of synthetic fibers on aquatic life and surrounding is increasing the prominence of bioplastic textiles across the globe. Additionally, the increasing number of microfibers entering the rivers or oceans despite the wastewater treatment is increasing the demand for bioplastic to help prohibit water contamination.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/global-bioplastic-textile-market-by-material-polylactic-acid-1020
The high demand for bio-based products owing to the green credits associated with sustainable product purchase and stringent government policies are likely to generate ample opportunities for the market in the forecast timeline.
Market Segment Dominance:
Corn starch holds the majority of the market share during the forecast period
The acceptance of corn starch as the basic raw material for the production of PLA is projected to propel the growth of the global Bioplastic Textile market. Additionally, its biodegradable nature and use in textile, feedstock, and other industries will further surge the market growth.
๐๐๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/global-bioplastic-textile-market-by-material-polylactic-acid-1020
The low cost, easy accessibility, and eco-friendly properties of corn starch are estimated to increase its use in bioplastic textile products.
ยทPolylactic acid leads the global Bioplastic Textile market
The polylactic acid material is expected to hold the majority of the market share. The dominance of this category is basically due to the polystyrene and polyethylene-like properties that are predicted to help it make its way into the textile industry.
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/global-bioplastic-textile-market-by-material-polylactic-acid-1020
ยทClothing category is anticipated to lead the market during the forecast period
The clothing category is expected to dominate the Bioplastic Textile market during the forecast period owing to the presence of top market players and the development of innovative products.
This report segments the global Bioplastic Textile market as follows:
Global Bioplastic Textile Market: Source Segmentation Analysis
Sugarcane
Beet
Corn Starch
Cassava
Global Bioplastic Textile Market: Material Segmentation Analysis
Polylactic Acid [PLA]
Polyhydroxyalkanoates [PHA]
Polyhydroxybutyrate [PHB]
Bio-polyester [Bio-PES]
Bio-polyamide [Bio-PA]
Global Bioplastic Textile Market: End-Use Segmentation Analysis
Home Textiles
Clothing
Footwear
Global Bioplastic Textile Market: Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
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