NEXT GEN MATERIALS TN
9 September 2024

Investment opportunities in next-gen materials

-

By Abigail Turner

?
?
Negative (-1)
Positive (+1)

A report published by Material Innovation Initiative calls on fashion brands and textile manufacturers to invest in next-generation materials.

You do not have the correct permission to access this article. Please login to either view the article or upgrade your account as applicable.

A report published by Material Innovation Initiative calls on fashion brands and textile manufacturers to invest in next-generation materials.

The US-based think tank has identified next-generation materials as a leading, high-growth industry, which is inspiring scientists, designers and consumers. The paper titled “why to invest in next-gen materials” details how these materials could offer an opportunity to reduce the biggest environmental impact of the textile industry.

“Next-gen materials” are a new wave of innovative materials, offering superior properties, sustainability and performance compared to traditional materials. These materials are often derived from renewable resources, bio-based materials or advanced manufacturing techniques.

They offer alternatives to traditional petrochemical and animal-based materials such as silk, down and fur. These traditional materials bring challenges such as having high CO2 emissions, creating biodiversity loss and microplastic pollution, plus widespread forced labour and the slaughter of wild and farmed animals every year.

The report found 65% of a brand’s environmental footprint comes from raw materials, highlighting a key area to implement change and meet sustainable targets. In 2023, despite a global backdrop of falling venture capital investments, the next-gen materials’ sector had a

Sign up today to access your 2 free articles this month although, we know you are keen to explore more.

The good news? We've got the perfect solution for you...

We've been working hard to enrich WTiN.com to ensure it delivers maximum value to our members. Let's take a look at how our full membership features will support you in making informed business decisions:

  • WTiN.com Feature

    What's Included

  • Insight

    check image Limited

  • Reports

    uncheck image

  • Company Analysis

    uncheck image

  • Innovation Briefings

    uncheck image

  • WTiN Digital Journals

    check image

  • News Hub

    check image

  • Watch & Textile Innovation Webinars, Fireside Chats & Podcast Episodes

    check image Limited

  • WTiN Events

    uncheck image

  • Discover
    Digital Textile Hub
    Nonwovens Hub
    Smart Textiles Hub
    Patents Hub
    Digitalisation Hub

    uncheck image

  • AI-powered Insights

    uncheck image

  • Watchlist

    uncheck image

Unlock a bespoke solution-based membership proposal, just for you...