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Bioplastic Textile - Industry Size 2019 | Market Opportunities, Share Analysis up to 2025

A detailed overview of Bioplastic Textile market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Bioplastic Textile market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Robust growth in bioplastic textiles market is expected in all developed geographical markets supported by inclining consumer preferences towards sustainable products. Furthermore, increasing bioplastic adoption by plastic processors coupled with increasing government support in the sector is projected to drive the bioplastic textile market by 2025. Several industry share contributors are taking initiatives to support bioplastic-based materials. For instance, Primaloft launched a biodegradable synthetic textile having the potential to replace polyester. These textiles break down easily and doesn?t contaminate landfills and oceans, thereby making it an environment friendly substitute for conventional plastic material.

Bioplastic Textile will surpass USD 1.4 billion by 2025; according to a new research report.

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Bioplastic textiles raw materials include PLA, PHA, bio-polyester and various other materials. Based on revenue, PLA bioplastic segment is expected to generate approximately USD 430 million in 2025. Synthetic polymers used in clothing and textile industry cause several environmental issues when they are sent to landfills. Therefore, manufacturer in the market are making consistent efforts to switch to sustainable products, thus limiting environment damage. Moreover, government has been forming and implementing policies/laws to encourage PLA use in garments. For instance, FIBFAB project funded by European Union?s Horizon 2020, Fast Track Innovation Pilot program (H2020-FTIPilot-2016-1) aims at industrializing the PLA production based fabrics for application in casual, protective and workwear clothing.

Bioplastic Textile - Industry Size 2019 | Market Opportunities, Share Analysis up to 2025
Bioplastic Textile - Industry Size 2019 | Market Opportunities, Share Analysis up to 2025

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Regardless worldwide acceptance, bioplastic textiles market is facing crucial challenges like high cost associated with bioplastic, which is likely to be a major setback for bioplastic textiles market by 2025. Bioplastics possess almost 50% higher cost as compared to conventional plastics as a result of increased research & development cost. In addition, cost intensive recycling procedure of bioplastics due to special tools and facilities requirement, expected to be a hindrance for the bioplastic textile market growth in the near future. However, strong need to adopt environment friendly and sustainable product will help generate ample opportunities for bioplastic textile market in the forecast timeframe.

Bioplastic textiles are used in a range of industries including home textiles, clothing, footwear, etc. The clothing end-user segment will hold a prominent share of over 45% of the global bioplastic textile market in 2025. Growing need to limit negative environmental impact caused by textile industry has resulted in designers taking initiatives to use textiles attained from renewable raw materials. For instance, Sweden based clothing brand Tierra?s Deterra Jacket, launched their first 100% bio-based outdoor jacket in 2017.

Bioplastics are generally derived from various sources such as corn starch, beet, sugarcane and many others. Corn starch registered itself as the most commonly used material for bioplastic production and is expected to witness gains close to 7% in the coming years. Corn starch based plastic acts as a good alternative for conventional plastic due to easy availability of raw material. Also, another advantage associated with these materials is that it can be easily broken down and discarded in the environment. For instance, Natureworks has defined its own brand of PLA named as Igneo which is derived from corn starch.

Asia pacific and Europe holds the largest market share for bio-based products. Europe is the largest bio-based product consumer, which is driven by strong government support, thus likely to drive the bioplastics textiles demand which is projected to exhibit gains of over 6.5% in the forecast time period. EU?s funding scheme, Horizon 2020, funded Synpol, a project dedicated to synthesizing biopolymers from complex feedstocks. Additionally, bioplastic manufacturers also receive funds from government institutions to promote usage of ecofriendly plastics.

Bioplastic textile research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons & revenue in USD million from 2014 to 2025, for the following segments:

Bioplastic Textile, By Source

o Sugarcane

o Beet

o Corn Starch

o Cassava

o Others

Bioplastic Textile, By Material

o Polylactic acid (PLA)

Home Textiles

Clothing

Footwear

Others (Industrial)

o Polyhydroxyalkanoates (PHA)

Home Textiles

Clothing

Footwear

Others (Industrial)

o Polyhydroxybutyrate (PHB)

Home Textiles

Clothing

Footwear

Others (Industrial)

o Bio-polyester (Bio-PES)

Home Textiles

Clothing

Footwear

Others (Industrial)

o Bio-polyamide (Bio-PA)

Home Textiles

Clothing

Footwear

Others (Industrial)

o Others(polyglycolide)

Home Textiles

Clothing

Footwear

Others (Industrial)

Bioplastic Textile, By End User

o Home Textiles

o Clothing

o Footwear

o Others (Industrial)

Major Highlights from Table of contents are listed below for quick lookup into Bioplastic Textile Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Bioplastic Textile Market
  • Product trends
  • Application trends

Chapter 3. Bioplastic Textile Industry Insights

  • Bioplastic Textile Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Bioplastic Textile industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Bioplastic Textile Market Technology & innovation landscape
  • Industry impact forces
  • Bioplastic Textile Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Bioplastic Textile Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Bioplastic Textile Market
  • SWOT Analysis

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