Silk Market Scope
Silk is a natural protein fiber produced by the larvae of several insects and spiders. The rearing of silkworms for commercially producing silk is known as sericulture. Silk has been recognized as a suitable fabric for a variety of garment types due to its low density and high insulation properties. It is used extensively in the textile industry owing to its appearance, strength, lightweight, and feel. Silk is also exploited for developing various beauty and skincare products. Composed of fibroin and sericin proteins, the silk is soft and shiny that is further processed to form silk fiber.
The Silk market study is segmented by Type (Mulberry Silk, Tussar Silk and Eri Silk), by Application (Textile, Cosmetics and Medical) and major geographies with country level break-up.
The global Silk market is growing in a rapid manner and consists of some leading players. In terms of market share, some players presently lead the global market. These players are performing on strategic collaborative initiatives to intensification their market share and escalation their profitability. Research Analyst at AMA estimates that China Vendors will contribute to the maximum growth of Global Silk market throughout the predicted period.
Anhui Silk Co. Ltd. (China), Kraig Biocraft Laboratories, Inc. (United States), Wujiang First Textile Co., Ltd. (China), Wujiang Wanshiyi silk Co., Ltd. (China), Zhejiang Jiaxin Silk Corp., Ltd. (China), Jiangsu Sutong Cocoon & Silk Co. (China), Wensli Group Co. Ltd. (China), China Silk Corporation (China), Wujiang Wanshiyi Silk Co. Ltd. (China) and Jinchengjiang Xinxing Cocoon Silk Co., Ltd. (China) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Silk market by Type, Application and Region.
On the basis of geography, the market of Silk has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Sept 2018, AMSilk announces a partnership with Airbus. The two companies have entered into a joint cooperation agreement to develop the new era of composites for use in the aerospace industry.
The Textile Fiber Rule requires that certain textiles sold in the United States carry labels disclosing the generic names and percentages by weight of the constituent fibers in the product, the manufacturer or marketer name, and the country where the product was processed or manufactured.
- Increasing Innovations and Advancements in the Production Techniques
- Technological Advancement in Sericulture
- Low Funds Requirement for Setting-up the Manufacturing Process
- High Demand from the Indian Textile Industry
- Emerging Spider Silk
- Higher Dependency on China for Raw Material
- High Cost of Material
- Labor Intensive Industry
Key Target AudienceSilk manufacturers, Silk traders, distributors, and suppliers, End-use market participants of different segments of Silk, Government and research organizations, Associations and industrial bodies, Research and consulting firms, R&D institutions, Environment support agencies and Investment banks and private equity firms
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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