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Synthetic Spider Silk Market Analysis, Manufacturing Cost Structure, Growth Opportunities, Market Drivers And Restraints To 2028
Synthetic Spider Silk Market Analysis, Manufacturing Cost Structure, Growth Opportunities, Market Drivers And Restraints To 2028
Spider silk is a protein fiber that is spun from spiders.

Although spider silk has been a model material for protein-fiber design, efforts to make artificial versions have not been very successful. Related species of spider, the hake, resembles an eel with a cartilage skeleton, no scales, and soft skin. It has a large number of glands that secrete a slime. This slime contains long, fiber-like microfibers that entrap water. The silk strands, therefore, are highly soluble in aqueous environments. The production of silk is an amazing feat of evolution. Spiders can produce seven different types of silk. Male spiders produce dragline, attachment, and swathing silk while females produce egg sac silk. Each type of silk has a unique characteristic. The strands of silk in each type adhere to one another to form the spider's clingy trap. This process occurs in multiple spider species. However, there are no fossil records of males producing orb webs.  During the assembly process of spider silk, the proteins that make up the filamentous silk are arranged in a specialized pattern called a spidroin. The spidroins are composed of a polyalanine-rich sequence and a glycine-rich sequence. These two sequences are essential for the strength and elasticity of dragline silk. The structure and recombinant spider silk have been incorporated into biomaterials.

Competitive Landscape:

Major players operating in the global synthetic spider silk market include Spiber Inc., Bolt Threads Inc., AMSilk GmbH, and Kraig Biocraft Laboratories, Inc.

Key Market Drivers:

Spider silk is biodegradable and is being recently used for making airbags for cars, hence the increasing sales of cars in the world is expected to augment the growth of the global synthetic spider silk market. For instance, according to Hedges & Company, currently, there are 1.446 billion cars in the world. Although spider silk does not look like a very useful material, it is surprisingly strong. Scientists have described it as being stronger than steel, but this is not entirely accurate. Despite this, the material has amazing mechanical properties, and it can absorb three times as much force as silkworm silk. The process of producing spider silk is complex and takes many hours. Spiders are a cannibalistic species, and therefore cannot produce large quantities of silk in the wild. Increasing usage of spider silk in several sectors is estimated to enhance the growth of the global synthetic spider silk market. 

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Covid-19 Impact Analysis

During the COVID-19 pandemic, the global synthetic spider silk market witnessed several restraints. Research and development witnessed several challenges, as demand and production fell. Moreover, transport restrictions and lockdown measures also affected the market growth.

Key Takeaways:

North America is expected to dominate the growth of the global synthetic spider silk market, owing to the increasing prevalence of cars in the region. For instance, according to the American Automobile Association, in 2021, there were 289.5 million cars in the United States.

The Asia Pacific is estimated to witness high growth in the global synthetic spider silk market, owing to the high production of cars in the region. For instance, according to Carandbike, currently, the sales of vehicles in India was around 1,75,13,596 units.

 

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