Synthetic Spider Silk Market Growth Accelerated by Increased Demand from Textile Industry

 

Synthetic spider silk is a biomaterial synthesized to mimic spider silk fibers produced by spiders. It possesses extraordinary properties such as lightweight, biodegradability, strength, toughness, and durability making it suitable for various applications. Synthetic spider silk fibers are widely used in textiles, surgical materials, bulletproof vests etc. due to their high tensile strength and flexibility. The Global Synthetic Spider Silk Market Size is estimated to be valued at US$ 50 Million in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increased demand from the textile industry is expected to drive the growth of the Synthetic Spider Silk Market over the forecast period. Spider silk fibers are four times stronger than steel and offer breathability making them ideal for clothing. Several textile manufacturers are utilizing synthetic spider silk fibers to manufacture high-performance and lightweight fabrics for apparel, home textiles and medical textiles. They provide advantages like moisture wicking, wrinkle resistance and enhanced durability. The adoption of synthetic spider silk fibers in the textile industry is accelerating as manufacturers recognize their thermal regulating properties along with superior mechanical strength. This rising application of synthetic spider silk in the textile sector will significantly contribute to the market growth in the coming years.

Segment Analysis
The global synthetic spider silk market is segmented by production process into metabolic and recombinant. The recombinant segment dominates the market as it provides sustainable and cost-effective production of spider silk proteins. It helps overcome constraints associated with farming spiders and harvesting natural silk from them.

Key Takeaways
The global synthetic spider silk market is expected to witness high growth over the forecast period.

Regional analysis: The North American region is expected to grow the fastest over the forecast period owing to extensive R&D in the field of synthetic biology and presence of prominent players. Countries like the US and Canada are investing heavily in developing recombinant technologies to mass produce spider silk sustainably.

Key players operating in the synthetic spider silk market are Kraig Biocraft Laboratories, Spiber Inc., AMSilk GmbH, Bolt Threads, and Nexia Biotechnologies. Kraig Biocraft Laboratories is a leading player focused on developing transgenic silkworms capable of producing synthetic spider silk proteins. Spiber Inc. uses microbial fermentation to produce synthetic spider silk fibers having high tensile strength.

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