Mycelium-based materials are used in packaging, building and for acoustic dampening. Mycelium can be also used in textiles is as an alternative to animal leather. Mycelium-based leather can be dyed and bleached. A composite board from mycelium (Myco-board) can be used instead of MDF which contains formaldehyde and thus may cause health issues when sawn. 

Mycelium-based materials are lightweight and could be folded into various forms.

Mycelium-based materials are renewable, recyclable and biodegradable. Moreover, as they decompose, mycelia-based composites release nutrients into soil.