{"id":136615,"date":"2024-01-05T07:20:00","date_gmt":"2024-01-05T06:20:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=136615"},"modified":"2023-12-21T12:07:16","modified_gmt":"2023-12-21T11:07:16","slug":"surge-in-bioplastic-textile-market-expected","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/surge-in-bioplastic-textile-market-expected\/","title":{"rendered":"Surge in bioplastic textile market expected"},"content":{"rendered":"\n\n\n

The global market for bioplastic textiles, valued at US$1,046 million in 2022, is projected to expand by 15.5% CAGR, reaching $3,827 million by 2032. This substantial growth is primarily driven by the escalating demand for environmentally friendly and sustainable goods in response to growing consumer awareness and governmental regulations aimed at reducing plastic consumption and waste.\u00a0

Bioplastic textiles, which are derived from eco-friendly materials like maize, algae, or soy, offer a viable alternative towards reducing fashion industry’s carbon emissions and waste production. With consumers becoming increasingly conscious of their ecological footprint, the trend towards these natural-based textiles is gaining momentum.\u00a0

Regulations set by global governments have had a significant impact on market growth. For example, the European Union has outlawed single-use plastics and set a 90% recycling target for all plastic bottles by 2029. These environmental efforts foster demand for recyclable and reusable bioplastic textiles.<\/p>\n\n\n

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Bioplastics (Source: Reports and Data)\u00a0<\/a><\/figcaption><\/figure><\/div>\n\n\n

Technological advancements are also playing a key role in driving the bioplastic textile market by improving the quality, durability, efficiency, and affordability of these textiles. For instance, the integration of 3D printing technology in bioplastic textile manufacturing has opened doors for a multitude of intricate and unique designs which would have been previously unfeasible. <\/p>\n\n\n\n

As per the International Bioplastics Association, bioplastics production capacity worldwide is projected to hit 4.9 million tons by 2025. Europe, accounting for 42% of global demand in 2018, leads the global bioplastics market, as suggested by the association European Bioplastics e.V., Berlin\/Germany. The European Union legislation demands that for a “biodegradable” tag and fee exemption from waste management, at least 50% of a product must be bio-based. Likewise, in the USA, the Department of Agriculture has default requirements for bioplastic production and use under its BioPreferred Program.<\/p>\n\n\n\n

The report \u201cBioplastic Textile Market By Type (Starch-based, Cellulose-based, Protein-based, and Others), By Application (Clothing, Home Textiles, Industrial Textiles, and Others), and By Region Forecast to 2032\u201d has been published by Reports and Data, a brand of Marketysers Global Consulting LLP, New York, NY\/USA.<\/p>\n","protected":false},"excerpt":{"rendered":"

The global market for bioplastic textiles, valued at US$1,046 million in 2022, is projected to expand by 15.5% CAGR, reaching $3,827 million by 2032. This substantial growth is primarily driven by the escalating demand for environmentally friendly and sustainable goods in response to growing consumer awareness and governmental regulations aimed at reducing plastic consumption and […]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Bioplastic textiles, which are derived from eco-friendly materials like maize, algae, or soy, offer a viable alternative towards reducing fashion industry's carbon emissions and waste production","footnotes":""},"categories":[5572],"tags":[11270,5847,16104,11877,10453,12468],"supplier":[435],"class_list":["post-136615","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biodegradability","tag-bioplastics","tag-bottles","tag-naturalfibres","tag-recycling","tag-textiles","supplier-european-bioplastics-ev"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/136615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=136615"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/136615\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=136615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=136615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=136615"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=136615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}