Synthetic Spider Silk Sector: Growth Drivers and Challenges
Growth Drivers
- Rising Demand for Synthetic Spider Silk in the Defense and Healthcare Sectors
- Technological Advancements to Develop Effective Manufacturing Techniques for Spider Silk
Challenges
-
Difficulties Associated with Farming Spiders
-
Lost Cost Effectiveness to Produce Fiber with Exact Required Properties
Synthetic Spider Silk Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
7.2% |
|
Base Year Market Size (2024) |
USD 1.28 billion |
|
Forecast Year Market Size (2037) |
USD 3.16 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of synthetic spider silk is evaluated at USD 1.36 billion.
Synthetic Spider Silk Market size was over USD 1.28 billion in 2024 and is poised to exceed USD 3.16 billion by 2037, growing at over 7.2% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is poised to account for largest revenue share by 2037, on the back of growing demand for synthetic spider silk in the automotive industry in the region for manufacturing airbags, tire cords, seat belts, and other automotive products.
The major players in the market are KISCO LTD., AMSilk GmbH, Kraig Biocraft Laboratories, Inc., Bolt Threads, and others.
