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 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]
The report is "Automotive Interior Materials Market... Global Forecast to 2026" by ResearchAndMarkets.com. The automotive interior materials market will reach $54.8 billion by 2026, at a CAGR of 2.6% compared to $48.1 billion in 2021. Improper disposal of effluents from the tanning industry is hampering the growth of the market in the genuine leather segment
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