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Bioplastic Textile Market Revenue to Hit USD 1.5 Billion by 2026


Bioplastic Textile Market

Bioplastic Textile Market

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.

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @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.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@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.

๐๐ž๐ž๐ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@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.

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@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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This release was published on openPR.



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