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Mycelium Leather Market Will Exhibit an Impressive Expansion by 2024-2031 | Bolt Threads, Ecovative LLC, Modern Meadow, Inc., Mycoworks Inc. and Polybion

07-05-2024 09:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Mycelium Leather Market Will Exhibit an Impressive Expansion

Mycelium leather market is anticipated to grow at a significant CAGR of 9.1% during the forecast period (2024-2031). The market growth is attributed to the growing adoption of mycelium leather in fashion and accessories to furniture and automotive interiors. Using mycelium instead of animal leather in textiles is one of the major successful uses of the material owing to bleaching and dying capacity. In January 2024, MycoWorks announced that its commercial-scale Fine Mycelium plant has successfully harvested over a thousand sheets of the company's revolutionary luxury leather-alternative biomaterial and has already achieved a level of product quality exceeding that of its California pilot plant. This has allowed the company to move to the next phase of its production ramp-up, loading over 10,000 trays to date that have been harvested.

Mycelium leather is receiving a lot of attention among other existing leather alternatives for its various advantages in terms of quality and manufacturing lead-time. The funding project participation is the starting point for market players to continue to identify investment opportunities in the eco-friendly materials field. For instance, in January 2022, SK networks invested $20 million in a US eco-friendly materials company. Mycelium leather is an eco-friendly product that innovatively reduces environment contamination and carbon emissions that were previously observed in processing of animal breed for leather production. SK networks has been collecting information regarding the relevant field continuously such as participating in US bio startup funding and has taken particular note of sustainability and entrepreneurial competitiveness exhibited by MycoWorks.

Market players are testing mycelium materials against the high-performance standards for leather products and their ability to withstand tanning processes. For instance, in November 2022, leather producer ECCO collaborated with Ecovative to pursue new mycelium materials. The first-of-its-kind partnership, between a traditional leather tannery and a mycelium technology company, leverages Ecovative's strengths in developing sustainable materials with mycelium - the fibrous 'root structure' of mushrooms and ECCO's expertise in the development and production of leather for a wide range of consumer products.

To Request a Sample of our Report on Mycelium Leather Market:  https://www.omrglobal.com/request-sample/mycelium-leather-market

Market Coverage

•                 The market number available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

•       By Type

•       By End-User

Regions Covered-

•       North America

•       Europe

•       Asia-Pacific

•       Rest of the World

Competitive Landscape- Bolt Threads, Ecovative LLC, Modern Meadow, Inc., Mycoworks Inc. and Polybion among others.

Mycelium Leather Market Report Segment

By Type

•       Dyed Mycelium Leather

•       Unstained Mycelium Leather

By End-User

•       Fashion and Apparel

•       Automotive

•       Furniture

•       Home Decor

•       Consumer Goods

•       Others (Upholstery)

Mycelium Leather Market Report Segment by Region

A full Report of Mycelium Leather Market is Available @  https://www.omrglobal.com/industry-reports/mycelium-leather-market

Regional Analysis           

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•       Biohm Ltd.

•       CFDA

•       Evolved by Nature

•       Forager Apparel Co.

•       GOZEN BIOWORKS CORP. 

•       Green Projects Group LLC 

•       GROWN bio

•       Magical Mushroom Company Ltd. (Symbiotec Ltd.)

•       mogu 

•       MycoFutures 

•       Mycotech Lab

•       Mykkö 

•       Natural Fiber Welding, Inc.

•       NEFFA 

•       Really Clever

•       UNCAGED Innovations

•       Vegea SRL

Reasons to buy from us -

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/mycelium-leather-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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