The Global Plant-Based Synthetic Fiber Market was valued at approximately USD 5.2 Billion in 2021 and is projected to reach USD 8.1 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of approximately 6.5% during the forecast period (2022–2028). This expansion is primarily driven by increasing consumer demand for sustainable and eco-friendly textiles, stringent environmental regulations, and significant advancements in bio-polymer technologies.

As the textile and consumer goods industries pivot toward sustainable sourcing and circular economy principles, the focus intensifies on the key manufacturers pioneering the development of high-performance fibers derived from renewable resources. In this blog, we profile the Top 10 Companies in the Plant-Based Synthetic Fiber Industry—a dynamic group of chemical giants, material innovators, and biotech firms shaping the future of green materials.

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Bio-based Polyester Fibers, Ecouse® sustainable materials

Toray is a global leader in advanced materials, including a growing portfolio of plant-based synthetic fibers. The company leverages its extensive R&D capabilities to develop bio-based alternatives to conventional polyester, focusing on reducing dependence on fossil fuels throughout the product lifecycle.

Sustainability Initiatives:

• Development of fibers using biomass-derived raw materials
• Commitment to the Toray Group Sustainability Vision for 2050
• Investment in recycling technologies to complement bio-based production

Download FREE Sample Report: Plant-Based Synthetic Fiber Market – View in Detailed Research Report

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9️⃣ 2. Virent, Inc.

Headquarters: Madison, Wisconsin, USA
Key Offering: BioForm® PX (paraxylene) for bio-PET

Virent is a pioneer in catalytic bio-refining technology, producing BioForm® PX, a key renewable chemical used to manufacture 100% plant-based PET (polyethylene terephthalate). Its patented process converts plant-based sugars into a direct replacement for petroleum-based paraxylene, enabling the production of fully recyclable bio-polyester fibers.

Sustainability Initiatives:

• Partnerships with major brands like The Coca-Cola Company for PlantBottle™ technology
• Focus on creating drop-in solutions that are chemically identical to their fossil-based counterparts

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8️⃣ 3. Lenzing AG

Headquarters: Lenzing, Austria
Key Offering: TENCEL™ Lyocell and Modal fibers, LENZING™ ECOVERO™ viscose

Lenzing AG is a world-renowned producer of specialty fibers derived from sustainable wood sources. While primarily known for cellulosic fibers, its technologies represent a cornerstone of the plant-based fiber market, offering closed-loop production processes and exceptional biodegradability.

Sustainability Initiatives:

• Achieved a 50% reduction in CO2 emissions per ton of product since 2014
• Target of 50% of fiber revenue from circular solutions by 2025

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7️⃣ 4. Sateri

Headquarters: Shanghai, China
Key Offering: Viscose staple fiber from sustainably sourced dissolving wood pulp

Sateri is one of the world’s largest producers of viscose rayon, a natural and biodegradable fiber made from wood pulp. The company is committed to sustainable sourcing and has made significant strides in improving the environmental footprint of its manufacturing processes across its operations in China.

Sustainability Initiatives:

• Implementation of the “Stretch Sustainability Targets 2030,” focusing on circularity and climate action
• Partnership with CanopyStyle to ensure no sourcing from ancient and endangered forests

Download FREE Sample Report: Plant-Based Synthetic Fiber Market – View in Detailed Research Report

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6️⃣ 5. Teijin Limited

Headquarters: Osaka, Japan
Key Offering: Bio-frontier™ polyester, PLA (Polylactic Acid) based fibers

Teijin is a diversified chemical company with a strong focus on eco-friendly materials. Its bio-frontier™ brand encompasses polyester fibers made partially or entirely from plant-derived materials, and it is actively involved in developing and commercializing PLA fibers for various textile applications.

Sustainability Initiatives:

• Aiming for 90% of polyester materials to be made from recycled or biomass-derived raw materials by 2030
• Development of chemical recycling technologies for a circular economy

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5️⃣ 6. Natural Fiber Welding, Inc. (NFW)

Headquarters: Peoria, Illinois, USA
Key Offering: MIRUM®, a plastic-free, all-natural material

Natural Fiber Welding is an innovative material science company creating high-performance, plant-based alternatives to leather and synthetic textiles. Its flagship product, MIRUM®, is made from natural materials like cork, coconut fiber, and natural rubber, and is fully circular by design.

Sustainability Initiatives:

• Creation of 100% bio-content and plastic-free materials
• Closed-loop manufacturing process with no toxic chemical crosslinkers

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4️⃣ 7. NatureWorks LLC

Headquarters: Plymouth, Minnesota, USA
Key Offering: Ingeo™ biopolymers (PLA fibers)

NatureWorks is a leading global producer of polylactic acid (PLA) biopolymers, marketed under the Ingeo™ brand. Ingeo fibers are derived from renewable plant sugars (primarily corn) and are used in a wide range of applications from nonwovens and apparel to durable textiles.

Sustainability Initiatives:

• Production process generates 80% fewer greenhouse gas emissions compared to traditional plastics
• Pioneering the development of next-generation feedstocks, including agricultural waste

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3️⃣ 8. DuPont de Nemours, Inc. (DuPont)

Headquarters: Wilmington, Delaware, USA
Key Offering: Sorona® renewably sourced polymer for fibers

DuPont’s Sorona® polymer is a notable example of a high-performance, partially bio-based fiber. It is made using 37% annually renewable plant-based ingredients, offering unique properties like softness, stretch, and recovery for the apparel and carpeting markets.

Sustainability Initiatives:

• Sorona® production reduces greenhouse gas emissions by 63% compared to nylon 6
• Commitment to sustainable innovation as part of DuPont’s 2030 Sustainability Goals

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2️⃣ 9. Cargill

Headquarters: Minnetonka, Minnesota, USA
Key Offering: Bio-industrial intermediates, involvement in bio-PTT (Polytrimethylene terephthalate)

While not a direct fiber producer, Cargill plays a critical role in the plant-based synthetic fiber value chain as a major supplier of bio-based chemical intermediates. Its activities in producing bio-based propane diol (PDO), a key component for Sorona® and other bio-PTT fibers, make it a key enabler for the industry.

Sustainability Initiatives:

• Investment in bio-refineries to scale the production of bio-based chemicals
• Commitment to providing sustainable solutions across its agricultural supply chain

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1️⃣ 10. Indorama Ventures (Potential Major Player)

Headquarters: Bangkok, Thailand
Key Offering: PET resins, including involvement in recycled and bio-based PET

As one of the world’s largest producers of PET, Indorama Ventures is strategically positioned to influence the plant-based synthetic fiber market. The company is investing in recycling and exploring bio-based feedstocks to meet the growing demand for sustainable polyester, which dominates the synthetic fiber market.

Sustainability Initiatives:

• Significant investments in mechanical and chemical recycling facilities
• Long-term goal to recycle a minimum of 50 billion PET bottles annually by 2025

Read Full Report: Plant-Based Synthetic Fiber Market – View in Detailed Research Report

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🌿 Outlook: The Future of Plant-Based Synthetic Fiber Is Growth and Innovation

The plant-based synthetic fiber market is at a pivotal point. While traditional petroleum-based fibers still command the majority of the market share, consumer pressure, brand commitments, and regulatory shifts are accelerating the adoption of renewable alternatives.

📈 Key Trends Shaping the Market:

• R&D into next-generation feedstocks like agricultural waste and non-food biomass
• Increasing brand commitments to using 100% sustainable or recycled materials by 2030
• Advancements in bio-PET and bio-nylon technologies to achieve cost parity
• Growing importance of certifications and transparency in the supply chain

Read Full Report: Plant-Based Synthetic Fiber Market – View in Detailed Research Report

The companies listed above are not only supplying materials for modern textiles—they are fundamentally reshaping the industry’s environmental footprint and spearheading the transition to a bio-based economy.