Report predicts rapid growth for biopolymer market

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HURTH – The global market for biopolymers, which are increasingly seen as a way of helping lower carbon emissions and improve both circularity and transparency in textile supply chains, will grow by 17% over the next five years, according to a new report.

The report, ‘Bio‑based Building Blocks and Polymers – Global Capacities, Production and Trends 2023–2028’, from Germany’s Nova-Institute, also shows positive growth for most commercially available, bio‑based polymers in 2023, with the exception of polyester (PET) which saw production fall by 50% – although it should be noted that it holds only a 1% share of the market.

HURTH – The global market for biopolymers, which are increasingly seen as a way of helping lower carbon emissions and improve both circularity and transparency in textile supply chains, will grow by 17% over the next five years, according to a new report.

The report, ‘Bio‑based Building Blocks and Polymers – Global Capacities, Production and Trends 2023–2028’, from Germany’s Nova-Institute, also shows positive growth for most commercially available, bio‑based polymers in 2023, with the exception of polyester (PET) which saw production fall by 50% – although it should be noted that it holds only a 1% share of the market.

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