Protein fiber made from spiders is known as "spider silk." Silk is a material that is used to make webs and other structures, including nets to trap prey, cocoons to protect the young, and wrappings for its prey. The silk can also be suspended, allowed to float in the air, and used for a variety of additional purposes. Because it is difficult to extract the silk from spiders, a synthetic version of spider silk that might be sold has been developed. The strength, energy-absorbing ability, and suppleness of spider silk have been imitated in a substitute material. Additionally, synthetic spider silk has a water content of almost 98%. In a laboratory, hydrogel—which is made up of 98 percent water and 2 percent cellulose—is used to create spider silk.
Global Synthetic Spider Silk Market was valued at US$ 1059.00 Mn in 2021 in terms of revenue, exhibiting a CAGR of 7.01 % during the forecast period (2022 to 2030).
Key Competitors in the Synthetic Spider Silk Industry:
1. Kraig Biocraft Laboratories
Kraig Biocraft Laboratories founded in 2006 and its headquarters Lansing, Michigan, United States. The company operates in 60 countries.
2. Spiber Inc
Spiber Inc founded in 2007, and its Headquarters located in Tsuruoka, Yamagata, Japan . The company operates in 30 nations. First original Spiber product launched in collaboration with local community development project demonstrates commitment to transparency
3. AMSilk
AMSilk was launch in 2008 and it’s headquarter located Munich, Germany,.it operate over 70 country.
4. Bolt Threads.
Bolt Threads. was launch in 2009 and the company markets its products under the Mylo brand name. Bolt Threads is headquartered in Emeryville, California, the US.it operate over 50 country. In 2018 Bolt Threads recently announced its first ever acquisition when it snapped up Best Made Company, a New York-based outdoor apparel company.
Definition- Spider silk is a protein fiber that is spun from spiders. The silk is used to create webs or other structures such as nets to catch prey, cocoons to protect the offspring, or to wrap up its prey.
