The global bio-based polymer market is set to grow at a 13 per cent CAGR through 2029, with increasing applications in textiles, according to the nova-Institute’s latest report, Bio‐based Building Blocks and Polymers - Global Capacities, Production and Trends 2024–2029. The market, led by Asia and North America, is witnessing a surge in bio-based synthetic fibers used in textiles, including polylactic acid (PLA), polyamides (PA), and polytrimethylene terephthalate (PTT).
Bio-based fibers accounted for 27 per cent of total bio-polymer demand in 2024, driven by sustainability initiatives from major brands. PTT, widely used in carpets and apparel, is expanding in North America, while PA, a key component in performance textiles, is growing in Asia. PLA, a fully bio-based and biodegradable polymer, is seeing increased production despite some regional slowdowns.
The total bio-based polymer production reached 4.2 million tonnes in 2024, representing just 1 per cent of global polymer output but growing at a much faster rate than fossil-based alternatives. The demand for bio-based feedstocks remains minimal, with only 0.023 per cent of global biomass needed for production.
While Asia and North America strengthen their market positions, Europe's share is expected to decline due to policy uncertainties. With increasing investment in bio-based fibers, textiles are set to be a key driver of growth in this rapidly expanding sector.
