Global Synthetic Spider Silk Market was worth US$ 1.55 Bn in 2022 and total revenue is expected to grow at a rate of 19.4% CAGR from 2023 to 2029, reaching almost US$ 5.37 Bn in 2029.Synthetic Spider Silk Market Overview:
Gossamer is another name for spider silk. It is a highly desired biomaterial. Spider silk is a protein fiber produced by a spider's glands. This silk is lightweight and stretchy. These fibers are waterproof and have the similar tensile strength to steel. Without breaking, these fibers can be stretched up to 40% of their original length. Because spiders cannot be farmed and are territorial and cannibalistic in close proximity, scientists from all over the world have been attempting to replicate the qualities of spider silk into synthetic silk threads.To know about the Research Methodology :- Request Free Sample Report
Synthetic Spider Silk Market Dynamics:
The market for synthetic spider silk has grown significantly in recent years. The increase in demand for synthetic spider silk in military applications, as well as its widespread use in health care applications, can be attributed to this. As a result, firms are ramping up the manufacture of synthetic spider silk. Moreover, the market is expected to be driven by the cheap availability of raw materials for manufacturing synthetic spider silk throughout the forecast period. Kraig Biocraft Laboratories, Inc. developed a genetically manipulated silkworm strain for the United States Army's protective textile applications. This development enhanced the company's position in terms of end-market performance. In the global synthetic spider silk market, technological breakthroughs are rising. Companies are working to create new and improved ways for producing these fibers. During the forecast period, the worldwide synthetic spider silk market is likely to be propelled by the development of novel manufacturing procedures for synthetic spider silk and an increase in the use of these fibers. The demand for synthetic spider silk is likely to be driven by the rapid development of the textile, healthcare, and military sectors in developing countries across Asia-Pacific, Europe, and LAMEA, which is expected to drive the synthetic spider silk market during the forecast period. Also, as consumers become more conscious of and accept biodegradable products around the world, demand for synthetic spider silk is predicted to rise, propelling the market forward in the forecast period.Synthetic Spider Silk Market Segment Analysis:
Based on Technology, the market is sub-segmented into Genetically Modified E-coli Fermentation, Genetically Modified Silkworm, Genetically Modified Yeast Fermentation, Others. Owing to its advantages associated with genetically modified E. coli bacteria fermentation, such as high-density fermentation and enhanced product quality, the genetically modified e-coli fermentation sector held the biggest synthetic spider silk market share in 2022. In addition, the market is predicted to develop due to increased demand for synthetic spider silk from industries such as healthcare, textiles, and automotive over the forecast period. Based on Application, the market is sub-segmented into Automotive, Defense, Healthcare, and Textile. In 2022, the automotive segment had the largest market share. The growth in demand for synthetic spider silk from car interior applications including seats, coverings, and airbags is to blame. Furthermore, the rapid expansion of the automotive sector in the Asia-Pacific and Europe, as well as a spike in vehicle production and sales, are likely to fuel demand for synthetic spider silk in the creation of car interior components, resulting in the market growth in the near futureRegional Insights:
The region's growing automotive industry, demand for synthetic spider silk is expected to drive in the forecast period in the Asia Pacific. Throughout the projection period, India and China are expected to continue to lead the market. China accounted for more than 35% of global passenger automobile production, In addition, starting in April 2022, the Indian government has proposed that every production car in the country be equipped with airbags. In the next years, these factors are expected to boost demand for synthetic spider silk in the Asia Pacific. Synthetic spider silk is a significant sector in North America. In this market, the United States is the primary driver of growth. With a budget of nearly US$ 600 billion in 2022, the United States is the most expensive country in terms of military spending. Because synthetic spider silk is widely used in the production of bulletproof vests, the demand for synthetic spider silk in bulletproof vests in the defense sector appears to be promising. Synthetic spider silk is also employed in the automotive industry, where it is used to make airbags and seatbelts, among other things. The objective of the report is to present a comprehensive analysis of the Global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.Synthetic Spider Silk Market Scope: Inquire before buying
Synthetic Spider Silk Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.55 Bn Forecast Period 2023 to 2029 CAGR: 19.4% Market Size in 2029: US $ 5.37 Bn Segments Covered: by Technology Genetically Modified E-coli Fermentation Modified Silkworm Genetically Modified Yeast Fermentation Others by Application Consumer & Portable Electronics Electric Vehicles Energy Harvesting Wearable & Medical Devices Others Synthetic Spider Silk Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players are:
1. Kraig Biocraft Laboratories, Inc. 2. AM Silk GmbH 3. Bolt Threads Inc. 4. Spiber Inc. 5. Kraig Biocraft Laboratories, Inc. 6. Inspidere BV 7. Seevix 8. Warwick Mills, Inc. 9. VF Corporation 10.EC Plaza 11.Linder Spruhsysteme 12.Silvano Fashion Group. 13.Groupe Beaumanoir 14.PantaloonsFrequently Asked Questions:
1) What was the market size of Global Synthetic Spider Silk Market markets in 2022? Ans - Global market was worth US$ 1.55 Bn in 2022. 2) What is the market segment of Global Synthetic Spider Silk Market markets? Ans -The market segments are based on Technology and Application 3) What is forecast period consider for Global Synthetic Spider Silk Market? Ans -The forecast period for Global market is 2023 to 2029. 4) Which are the worldwide major key players covered for Global Synthetic Spider Silk Market report? Ans - Kraig Biocraft Laboratories, Inc., AM Silk GmbH, Bolt Threads Inc., Spiber Inc., Kraig Biocraft Laboratories, Inc., Bolt Thread, Inspidere BV, Seevix, Warwick Mills, Inc, VF Corporation 5) Which region is dominated in Global Synthetic Spider Silk Market? Ans -In 2022, Asia pacific region dominated the Global market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Synthetic Spider Silk Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Synthetic Spider Silk Market 3.4. Geographical Snapshot of the Synthetic Spider Silk Market , By Manufacturer share 4. Global Synthetic Spider Silk Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on Synthetic Spider Silk market 5. Supply Side and Demand Side Indicators 6. Global Synthetic Spider Silk Market Analysis and Forecast, 2022-2029 6.1. Global Synthetic Spider Silk Market Size & Y-o-Y Growth Analysis. 7. Global Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.1.1. Genetically Modified E-coli Fermentation 7.1.2. Genetically Modified Silkworm 7.1.3. Genetically Modified Yeast Fermentation 7.1.4. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Consumer & Portable Electronics 7.2.2. Electric Vehicles 7.2.3. Energy Harvesting 7.2.4. Wearable & Medical Devices 7.2.5. Others 8. Global Synthetic Spider Silk Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.1.1. Genetically Modified E-coli Fermentation 9.1.2. Genetically Modified Silkworm 9.1.3. Genetically Modified Yeast Fermentation 9.1.4. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Consumer & Portable Electronics 9.2.2. Electric Vehicles 9.2.3. Energy Harvesting 9.2.4. Wearable & Medical Devices 9.2.5. Others 10. North America Synthetic Spider Silk Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Synthetic Spider Silk Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Synthetic Spider Silk Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Synthetic Spider Silk Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Synthetic Spider Silk Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Synthetic Spider Silk Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Solid state car battery 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Kraig Biocraft Laboratories, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. AM Silk GmbH 45.3.3. Bolt Threads Inc. 45.3.4. Spiber Inc. 45.3.5. Kraig Biocraft Laboratories, Inc. 45.3.6. Inspidere BV 45.3.7. Seevix 45.3.8. Warwick Mills, Inc. 45.3.9. VF Corporation 45.3.10. EC Plaza 45.3.11. Linder Spruhsysteme 45.3.12. Silvano Fashion Group. 45.3.13. Groupe Beaumanoir 45.3.14. Pantaloons 46. Primary Key Insights