Investments in next generation materials to replace animal-based products in fashion, and other industries, fell by more than 50 per cent last year, according to a new report from the Material Innovation Initiative (MII). [Investments 'halved' in next gen materials - Ecotextile News]
According to a Comprehensive Research Report by Market Research Future (MRFR), “Automotive Interior Material Market Research Report: Information By Type, By Vehicle Type - Forecast till 2030”, The global automotive interior material market will touch USD 149.6 billion at a 4.50% CAGR by 2030.
The latest Leatherbiz Market Intelligence newsletter went live in the website on January 24. With the Lunar New Year holiday following so closely after Christmas this year, the report suggests that the leather pipeline has still to get going properly in 2023. Though, a lot is riding on a potential recovery in China.
The Chinese-owned electric car brand publishes a Total Life Cycle Assessment (LCA) to calculate the carbon emissions of materials used in the construction of its cars. PVC-based finishes are "the worst of the worst". Leather is more environmentally friendly because it is a by-product of the meat industry. But Polestar does not want to help increase meat production. Buy leather only if its value is less than 1% of the value of the whole cattle. [Polestar slams industry 'greenwashing' - GoAuto]
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