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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Sodium alginate is a chemical obtained from kelp. After the introduction of a high grade sodium alginate, the production method was enhanced over time. Seaweed fabric is created by employing algae from the sea.
Kelp is used in a variety of goods, including toothpastes, shampoos, salad dressings, puddings, cakes, dairy products, frozen foods, and even medications.
Growers can leverage current aquaculture resources in local areas thanks to kelp farms. Algi Knit isolates alginate and mixes it with other renewable biopolymers to create yarn that is robust and flexible enough to be knitted by hand or machine and utilized in textile manufacture. Natural pigments can be used to dye the finished product.
The Global Kelp Yarn market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Algy Knit, a seaweed yarn manufacturer, has opened an innovation Centre in North Carolina to scale production of eco-conscious yarns for global fashion brands.
Algy Knit, a biomaterials leader and creator of eco-conscious yarns derived mostly from seaweed, announced today the inauguration of its innovation base in North Carolina's Research Triangle area.
Algy Knit has spent the last four years creating fresh new technology to commercially create yarns to fulfil the growing need for carbon-neutral, toxic-free textiles.
With the technology in place, Algy Knit's new facility will house the company's R&D, manufacturing, and business development teams under one roof, allowing the company to scale swiftly and help the global fashion sector reduce carbon emissions by half. To commemorate this occasion, Algy Knit offered a first peek.
Algy Knit is reshaping the fashion industry by producing yarns made primarily of kelp, one of the most renewable and regenerating creatures on the earth.
The yarns created by the company are designed with function and accessibility in mind, providing a scalable and sustainable alternative for designers, producers, and consumers seeking materials with a substantially reduced environmental imprint than traditional textiles.
Algy Knit's diverse yarns can be utilized to make footwear, accessories, and apparel across the industry.The rich heritage of textile manufacturing in the Research Triangle area, as well as its proximity to several research and testing institutions, will enable the company to accelerate and sustain its growth by providing access to unrivalled knowledge and cutting-edge technology.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |