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Some of the leading companies in the global market include:
These companies are focusing on expanding their production and geographic footprint.
For instance, in August 2022, Emblem Asia (Unitika subsidiary) commenced the operation of a new Bi-axially Oriented Polyamide (BOPA) production line. The new unit will help increase the annual production capacity of bioplastics from 16,500 tons to 26,500 tons.
The global market size for bioplastic textiles was worth USD 900 million in 2022 and is projected to expand at over 3% CAGR (revenue) from 2023-2032.
Europe bioplastic textile market size is estimated to go beyond USD 415 million by 2032 driven by the ongoing modernization of textile production.
Teijinl, Pumal, Unitika, Patagonia, Reebok, Mango Materials, Pond Aps, Genomatica, ZS Fabrics, and Offset Warehouse are some of the key manufacturers of bioplastic textiles.
Bioplastic textiles industry share from the bio-polyester (Bio-PES) material segment is anticipated to reach over USD 605 million by 2032 due to growing demand for biodegradable home textiles.