Global Synthetic Spider Silk Market Growth 2023-2029

Global Synthetic Spider Silk Market Growth 2023-2029

Spider silk is among the strongest known biomaterials. It is the silk used for the framework of the web and it is used to catch the spider if it falls. As such, it is stronger and much more flexible than KEVLAR©. Due to its incredible mechanical properties, spider silk is being considered for use as a new biomaterial for drug delivery and tendon and ligament replacement/repair, as well as athletic gear, military applications, airbags, and tire cords. However, spiders cannot be farmed for their silk as they are cannibalistic and territorial. The most reasonable alternative for producing spider silk fibers is to utilize genetic engineering to produce the proteins in a foreign host and then spin fibers from the synthetic protein.

LPI (LP Information)' newest research report, the “Synthetic Spider Silk Industry Forecast” looks at past sales and reviews total world Synthetic Spider Silk sales in 2022, providing a comprehensive analysis by region and market sector of projected Synthetic Spider Silk sales for 2023 through 2029. With Synthetic Spider Silk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Synthetic Spider Silk industry.

This Insight Report provides a comprehensive analysis of the global Synthetic Spider Silk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Synthetic Spider Silk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Synthetic Spider Silk market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synthetic Spider Silk and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Synthetic Spider Silk.

The global Synthetic Spider Silk market size is projected to grow from US$ 13 million in 2022 to US$ 97.2 million in 2029; it is expected to grow at a CAGR of 97.2 from 2023 to 2029.

At present, only four companies have realized the commercial production, Bolt Threads, Kraig Biocraft Laboratories, Spiber and AMSilk.

This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Spider Silk market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Genetically Modified Yeast Fermentation

Genetically Modified Silkworm

Genetically Modified E. Coli Fermentation

Others

Segmentation by application

Automobile

Textile

Health Care

Military

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bolt Threads

Kraig Biocraft Laboratories

Spiber

AMSilk

Key Questions Addressed in this Report

What is the 10-year outlook for the global Synthetic Spider Silk market?

What factors are driving Synthetic Spider Silk market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Synthetic Spider Silk market opportunities vary by end market size?

How does Synthetic Spider Silk break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.