Silk Fibroin Market

Silk Fibroin: Introduction

• Silk fibroin is a protein produced by silkworms and spiders. It has exceptional mechanical properties as well as excellent physical and chemical properties such as excellent biocompatibility, tunable degradation, and ease of processing. The material also has the ability to support differentiation of the mesenchymal stem cells along the osteogenic lineage. These properties have made silk fibroin a favorable scaffold material for bone tissue engineering.
• Silk fibroin can be processed into various forms such as fibers, films, and particulate and three-dimensional (3D) porous scaffolds. Silk fibroin can also be synergistically combined with other biomaterials to form various composites. Furthermore, it can be chemically modified for different applications.
• Silk fibroin is widely used in various biomedical applications, due to its superior biocompatibility, tunable degradation, and excellent mechanical properties. Researchers are developing methods to utilize silk fibroin biomaterials for repairing the ocular surface of the cornea on injury, for which the currently available biomaterials are partially effective. This can boost the demand for silk fibroin biomaterials in eye care applications.

Key Drivers and Restraints of Global Silk Fibroin Market

• The global silk fibroin market is driven by the increasing demand for bone tissue engineering in several industries across the globe
• Easy availability of raw materials is anticipated to boost the demand for silk fibroin during the forecast period
• Companies operating in the global silk fibroin market are striving to develop new and better methods to manufacture silk fibroin. Development of new processes to produce silk fibroin is estimated to propel the market in the near future.
• Rise in usage of silk fibroin in biomedical applications is one of the important factors that are estimated to boost the market
• However, volatility in prices of raw materials is projected to hamper the silk fibroin market during the forecast period

Silk Fibroin: Segments

• The silk fibroin market can be segmented based on product and application
• In terms of product, the market can be divided into fibers, films, and particulate
• Based on application, the market can be segregated into bone tissue engineering, drug delivery, eye care, and others

COVID-19 Impact on Silk Fibroin Market

• Emergence of the new COVID strain in many developed and developing countries has adversely affected the health care infrastructure. Hospital staff, medicines, oxygen beds, and ventilators are in short supply. Graveyards and crematoriums have been working continuously to tackle the rise in dead bodies. Supply chains are facing disruptions, leading to disturbances in production activities in many countries.
• On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.

North America and Europe to Dominate Silk Fibroin Market

• In terms of region, the global silk fibroin market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• North America and Europe are anticipated to collectively constitute major share of the global market during the forecast period
• The silk fibroin market in Asia Pacific is likely to expand at a significant pace due to the rise in per capita income in developing countries in the region such as China and India. Rise in per capita income increases spending power of consumers, which boosts the demand for high-quality health care products in the region. This, coupled with increasing prevalence of bone-related diseases, fuels the silk fibroin market in Asia Pacific.
• Middle East & Africa is expected to be an attractive market for silk fibroin during the forecast period, due to rise in demand for silk fibroin in the region for usage in health care applications

Key Manufacturers Operating in Global Silk Fibroin Market

The global silk fibroin markets market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global silk fibroin markets market include:

• Elsevier Ltd.
• WILEY-VCH Verlag GmbH& Co.
• Vaxess Technologies, Inc.
• ActaMaterialia Inc.
• Seidecosa
• CaresilK
• Xi’an ChinWon Biotech
• LANXESS
• Seiren Co.
• Dadilan
• Xinyuan
• HuzhouXintiansi Bio-tech

Global Silk Fibroin Market: Research Scope

Global Silk Fibroin Market, by Product

• Fibers
• Films
• Particulate

Global Silk Fibroin Market, by Application

• Bone Tissue Engineering
• Drug Delivery
• Eye Care
• Others

Global Silk FibroinMarket, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia & CIS
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa