Stringent regulations regarding sustainability, coupled with changing preferences towards more sustainable packaging materials are some of the major factors for growth of the sustainable packaging industry. Degradable packaging is the fastest-growing process in the sustainable packaging market. In the material segment, paper & paperboard packaging is projected to grow at the highest rate. In terms of application, the food & beverage packaging segment is the fastest-growing segment, followed by the personal care packaging segment.
This report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past five years. Also, market drivers, restraints, opportunities, and challenges have been discussed in detail. Leading players of the market, which include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Tetra Laval International S.A. (Switzerland), Mondi plc (South Africa), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products Company (U.S.), Smurfit Kappa Group PLC (U.S.), Sealed Air Corporation (U.S.), and Huhtamaki OYJ (Finland) have been profiled to provide an insight of the competitive scenario in the market. On the basis of material, the sustainable packaging market has been segmented as follows:
Paper & Paperboard
Plastic
Metal
Glass
On the basis of function, the sustainable packaging market has been segmented as follows:
Active packaging
Molded pulp packaging
Alternate fiber packaging
On the basis of application, the sustainable packaging market has been segmented as follows:
Food & Beverage packaging
Healthcare packaging
Personal care packaging
Others (electronic appliances and home care packaging)
Major companies have regional and local distributors to increase their shares in several countries. One of the major developments observed in the sustainable packaging market is mergers and acquisitions. Companies are adopting organic growth strategies such as new product developments to cope with the increasing demand for sustainable packaging solutions in emerging markets. These strategies have aided major companies create a huge customer and partner base in these markets.
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The report aims at estimating the market size and future growth potential of the cutting equipment, accessories, and consumables market across different segments such as equipment type, product, technology, end-use sector, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study the individual growth trends, future prospects, and contribution of various segments to the total market. The study also analyzes opportunities in the market for stakeholders and details of competitive landscape for the market leaders. The study strategically profiles key players and comprehensively analyzes their core competencies.
♦ Leading Key Players -
The global market for the aluminum composite panels market is dominated by players such as, Colfax Corporation. (U.S.), Lincoln Electric Company. (U.S.), Illinois Tool Works Inc. (U.S.), Air Liquide (France), and The Linde Group (Germany). Other players in this market include GCE holding AB (Sweden), Messer group (Germany), Matheson tri-gas Inc. (US), Bug-O (US), Gentec (China), and Muller (Germany), which help the manufacturers in the development and growth of cutting equipment accessories, and consumables and markets.
The cutting equipment, accessories and consumables market has been segmented into accessories and consumables sectors. Rising cutting consumables requirement, owing to growing residential building construction and manufacturing activities is expected to positively impact this market.
Certain factors prevailing in the market hampered the growth of this industry; these factors included high costs of cutting equipment, accessories, and consumables and the difficulty in setting up the cutting equipment.
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The modular construction market was valued at USD 106.15 billion in 2017 and is projected to reach USD 157.19 billion by 2023, at a CAGR of 6.9% during the forecast period. Additionally, the market is expected to reach 1.50 billion square feet by 2023, at a CAGR of 6.37%. The report aims at estimating the market size and growth potential of the market across different segments based on type, material, module, end-use sector, and region. It also provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges.
In July 2018, Bouygues Construction acquired AW Edwards Pty Limited (Australia) to strengthen its position in the construction market. The acquired company will be part of Bouygues Bâtiment International.
In June 2018, KEF Infra entered into a strategic merger with Katerra (US), i.e., a technology company focused on revolutionizing the design and construction industries. The partnership between the companies expanded their manufacturing capacity, geographical reach, and market expertise. The partnership firm was named KEF Katerra.
Modular Construction is an offsite and resource-efficient method to construct code-compliant buildings in a factory-controlled environment. In this innovative construction method, buildings are produced in modules and are assembled on-site to create the desired facility structure. It offers numerous benefits in terms of quality control, faster build times, greater flexibility and reuse, cost savings, and environmental benefits. The various materials generally employed for modular construction include precast concrete, steel, wood, plastic, and others (comprising aluminum, glass, expanded polyurethane foam, and wallboards). Modular construction is widely applicable in housing, commercial, healthcare, educational & institutional buildings, and industrial.
♦ Modular Construction Market by Type (Permanent, Relocatable), Material (Steel Precast Concrete, Wood, Plastic), End-Use Sector (Housing, Commercial, Education, Healthcare, Industrial), and Region - Global Forecast to 2023 ♦ MnM helped a European chemical company to assess its competitors in the construction market. This was done to help the client develop strategies that would enable it to have a stronger presence in the construction industry. ♦ Browse 90 market data Tables and 36 Figures spread through 151 Pages and in-depth TOC on “Modular Construction Market By Module:
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The study involved four major activities to estimate the current market size for thin wall packaging products. Exhaustive secondary research was done to collect information on the market, peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.
In November 2017, RPC Superfos introduced an innovative spoon-in-the-lid solution for yogurts, desserts, and other dairy products. This lid is especially useful for consumers who eat on-the-go.
In June 2017, RPC Group acquired Astrapak (South Africa), a key manufacturer of molded and thermoformed plastic packaging catering to the African market. This acquisition was aimed to increase RPC Group’s presence in the thin wall packaging market.
On the basis of application, the thin wall packaging market has been categorized as follows:
Food
Beverages
Others (pharmaceuticals, cosmetics & personal care, and industrial)
On the basis of product type the thin wall packaging market has been categorized as follows:
Tubs
Cups
Jars
Trays
Pots
Clamshells
Lids
♦ Leading Key Players -
The thin wall packaging market is dominated by large players, such as Amcor (Australia), Berry Global (US), Silgan Holdings (US), PACCOR (Germany), RPC Group (UK), Reynolds Group (New Zealand), ILIP Srl (Italy), Mold-Tek Packaging (India), Greiner Packaging International (Austria), and Double H Plastics (US).
Total 25 major players covered The polypropylene segment is expected to dominate the thin wall packaging market through 2023
The polypropylene segment is projected to account for the largest share of the thin wall packaging market, in terms of value and volume, from 2018 to 2023. This is attributed to various benefits offered by polypropylene thin walled products, such as high stiffness, heat resistance, steam barrier properties (food protection), elasticity (film and fiber applications), enhanced transparency, and strong impact and rigidity balance.
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The luxury vinyl tiles (LVT) flooring market is projected to grow from USD 18.0 billion in 2019 to USD 31.4 billion by 2024, recording a CAGR of 11.7% from 2019 to 2024. The high growth of the construction industry across regions is projected to drive the market growth. Factors such as the increasing residential and non-residential construction, remodeling & maintenance activities, the high durability and enhanced aesthetic appearance of the LVTs are projected to drive the demand for LVT flooring.
Luxury Vinyl Tiles (LVT) Flooring Market by Type (Rigid, Flexible), End-Use Sector (Residential, Non-residential), and Region (North America, Asia Pacific, Europe, Middle East & Africa, and South America) - Global Forecast to 2024 ♦ Browse 137 market data Tables and 32 Figures spread through 146 Pages and in-depth TOC on “Luxury Vinyl Tiles (LVT) Flooring Market
Recent Developments
In January 2019, Genflor launched Creation 30 and Creation 55, a new collection of LVT–Luxury Vinyl Tiles & Planks. The company offers a range of LVTs with more than 35 new colors and designs. It also consists of 10 formats of tiles & planks.
In July 2018, Mohawk Industries acquired Godfrey Hirst Group (Australia), a flooring company in New Zealand and Australia, to expand its global operations. The manufacturing, marketing, and distribution leadership of Godfrey Hirst’s will complement Mohawk’s current hard surface distribution channel and strengthen its product portfolio.
Key Questions Addressed by the Report:
What are the global trends witnessed in the LVT flooring market? Would the market witness a rise or decline in the demand in the coming years?
What is the estimated demand for different materials of vinyl flooring market products?
Where will the strategic developments take the industry in the mid to long-term?
• Key Market Players -
Key players such as Mohawk Industries (US), Tarkett (France), Forbo (Switzerland), Shaw Industries, Inc. (US), and Interface (US) adopted strategies that strengthen their product portfolios, expands their market presence, and enhances their growth prospects in the vinyl flooring market.
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The major driving factors of this market are the emerging economies in the Asia-Pacific region, as it accounts for nearly 30% of the lubricant additive demand. The growing construction, manufacturing, and automobile industries, with no strict environmental regulations, fuels the demand for moderate quality lubricant additives, due to price sensitivity in the region. This has made Asia-Pacific a global manufacturing and commercial hub where several major companies are setting up their new plants to target high growth markets. Cheap labor and easy availability of feedstocks are major factors that attract manufacturers in the region. Europe and North America, on the other hand, have several environmental regulations that drive the market of alternative fuels, which includes compressed natural gas (CNG), liquefied petroleum gas (LPG), and bio lubricants. This is expected to decrease the demand for lubricants, because their life increase with these fuels, resulting in delayed oil change intervals.
The lubricant additives market has been analyzed in terms of both volume (KT) and value ($Million) for the function types and in volume (KT) for the applications for the five regions, namely, North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA).
♦ Major Key Players -
This lubricant additives report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as Lubrizol (U.S.), BASF (Germany), Chevron Oronite (U.S.), Afton (U.S.), Chemtura (U.S.), Infineum (U.K.), Croda (U.K.), Tianhe Chemicals Group (China), Evonik (Germany), and Shamrock Shipping And Trading Limited (Cyprus) have also been profiled in this report.
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Production chemicals are used for enhancing the recovery of hydrocarbons from the well. Various categories of production chemicals include corrosion inhibitors, scale inhibitors, asphaltene inhibitors, biocides, demulsifies, scavengers, surfactants, and others. These chemicals are added in production to achieve the optimum performance and enhance the effectiveness of the oil recovery.
Recent boom in the shale oil and gas industry in North America is driving the demand for production chemicals. The factors driving growth in the production chemicals market are increasing production of crude oil, growing drilling activities, and pursuing production from ageing fields. The market is projected to witness huge growth due to enormous potential offered by these drivers. Many of the oil and gas companies are headquartered in this region which boosts the oil and gas industry of North America and the neighboring Latin American region.
Production Chemicals Market by Type (Demulsifiers, Corrosion Inhibitors, Scale Inhibitors, Asphaltene Inhibitors, Biocides, Scavengers, Surfactants, and others), by Oilfield Type (Onshore and Offshore), and Region - Global Trend. ♦ Major Key Players -
The report covers the global production chemicals market in major regions namely North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America. This report analyzes different marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, and winning imperatives. Major companies such as Akzonobel NV (The Netherlands), BASF SE (Germany), Croda PLC (U.S.), DuPont (U.S.), Baker Hughes (U.S.), Halliburton, and Schlumberger Limited (U.S.) are profiled.
Production chemicals are used in the oilfield operations mainly to improve production maintenance & transport and eventually the recovery from reserves. Increasing oil production, extraction of oils from technologically challenging hydrocarbon geologies, and necessity of better extraction are boosting interest in the market.
This market is driven by increasing production of crude oil, growing drilling activities, and pursuing development and production from established/ageing Fields. The demand for production chemicals is increasing in enhanced oil recovery application as EOR activities are rising globally to enhance crude oil production from mature or declining reserves. The Asia-Pacific region is estimated to be the fastest-growing region as increasing number of oilfields are being explored and turned over in this region. Countries such as China, Malaysia, Thailand, and Indonesia are registering a high growth in the region.
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The high temperature coatings market, along with its applications, witnessed a moderate to high growth in the past few years and is likely to continue so in the in the coming years. This growth is mainly driven by the growing application sectors of power & chemical plants and oil & gas, metal processing, cookware, stoves, and automotive industries in Asia-Pacific. ♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=135158406
Asia-Pacific is the biggest and the fastest-growing market for high temperature coatings. The dominance of the market by Asia-Pacific is attributed to the growing demand for automobiles in India, China, Japan, and South Korea. North America and Europe are mature markets and are expected to register low-to-moderate CAGR compared to Asia-Pacific. ♦ Major Key Players -
Asia-Pacific is the largest market for high temperature coatings, both in terms of volume and value, followed by North America and Western Europe. The key players in this market are AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company (U.S.), PPG Industries Inc. (U.S.), The Valspar Corporation (U.S.), Whitford (U.S.), Weilburger Coatings GmbH (Germany), Axalta Coating Systems (U.S.), Jotun A/S (Norway), Aremco (U.S.), Carboline (U.S.), Hempel (Denmark), Belzona International Ltd. (U.K.), and Chemco International Ltd. (U.K.) among others.
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The global Adhesion Promoter Market was valued at USD 2.51 Billion in 2015, and is projected to reach USD 3.64 Billion by 2021, at a CAGR of 6.4% between 2016 and 2021.
The market is categorized on the basis of application into plastics & composites, paints & coatings, rubber, adhesives, metals, and others. Innovations in advanced composites and multilayer packaging have increased the demand of adhesion promoter in the plastics & composites application. The adhesion promoter market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period, owing to the rising demand of paints & coatings in the automotive and construction sectors. The report on the adhesion promoter market considered 2015 as the base year, and the forecast period from 2016 to 2021.
The research methodology used to estimate and forecast the global adhesion promoter market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were later verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives.
On the basis of Application, the adhesion promoter market is segmented into:
♦ Major Key Players -
The adhesion promoter market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end users, and government organizations. Key players in this market include Momentive Performance Materials Inc. (U.S.), Eastman Chemical Company (U.S.), Dow Corning Corporation (U.S.), BASF SE (Germany), Arkema SA (France), Evonik Industries AG (Germany), ALTANA AG (Germany), Air Products and Chemicals, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), and AkzoNobel NV (Netherlands), among others. The government and research organizations, raw material suppliers and distributors, construction companies, and industry associations are considered as critical stakeholders in this study.
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The report “Conductive Silicone Market by Type (Elastomers, Resins, Gels and Others) Application (Adhesives & Sealants, Thermal Interface Materials, Encapsulants & Potting Compounds, Conformal Coatings and Others), and by Region - Global Trends & Forecast to 2021”, The growth is fueled by the high potential from the power generation & distribution, photovoltaic, and LED industry in Asia-Pacific, Latin America and Middle-East & Africa region.
This research study used extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the conductive silicone market. The primary sources are mainly several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. The bottom-up approach has been used to estimate market size of conductive silicone on the basis of type, application, end-use industry, and region, in terms of value and volume. The top-down approach has been implemented to validate the market size, in terms of value and volume. With the data triangulation procedure and validation of data through primary interviews, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.
The stakeholders include:
Conductive silicone manufacturers
Conductive silicone traders, distributors, and suppliers
End-use market participants of different segments of conductive silicones
Government and research organizations
Associations and industrial bodies, research and consulting firms
♦ Major Key Players -
The conductive silicone market has a few numbers of global players competing for their market share. These companies are actively investing in various strategies such as new product developments, major acquisitions, and expansion projects globally to increase their market share. Major players such as Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Company Ltd (Japan), Evonik Industries AG (Germany), Bluestar Silicones (France), KCC Silicones (South Korea), and others have adopted various organic and inorganic developmental strategies.
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The report “Hexagonal-Boron Nitride Powder (h-BN) Market by Application (Coatings & Mold Release, Electrical Insulation, Lubrication-Industrial, Composites, Personal Care, Paints, Lubricants-Food, Thermal Spray) - Global Forecast to 2021”, The global h-BN powder market is estimated to reach USD 821.0 Million by 2021, at a CAGR of 5.1% from 2016 to 2021. The market is driven by the increased demand in coatings & mold release, electrical insulation, personal care and thermal spray applications.
To define and segment the global h-BN powder market on the basis of application and region
To provide detailed information regarding major factors influencing the growth of the global h-BN powder market (drivers, restraints, opportunities, and challenges)
To analyze and forecast the global market size of h-BN powder, in terms of value
Key Target Audience:
Raw material suppliers
H-BN powder manufacturers
Traders, distributors, and h-BN powder suppliers
Government and regional agencies
Research organizations
Investment research firms
This research report categorizes the global h-BN powder market on the basis of application, and region.
On the basis of Application:
Coatings & mold release
Electrical insulation
Lubrication-industrial
Composites
Personal care
Paints
Lubricants-food
Thermal spray
Others (dental cements, pencil leads and synthesizing of cubic-BN)
♦ Major Key Players -
The raw materials for these products are boric acid, borax, calcium borate, melamine, ammonia, urea, nitrogen gas and other boron and nitrogen containing compounds. Suppliers of these raw materials include U.S. Borax, Inc. (the U.S.), Searles Valley Minerals (the U.S), Yara International (Norway), CF Industries Holdings, Inc. (the U.S.), Ab Etiproducts Oy (Finland), Russian Bor (Russia), Dalian Jinma Boron Technology Group., Inc. (China), and Dashiqiao Huaxin Chemical Co., Ltd. (China). The major manufacturers of h-BN powder include Saint-Gobain S.A. (France), 3M (U.S.), Denka Company ltd. (Japan), Showa Denko K.K. (Japan), Kennametal Inc. (U.S.), Momentive Performance Materials Inc. (U.S.), HC Starck GmbH (Germany), Mizushima Ferroalloy Co., Ltd. (Japan), ZYP Coatings, Inc. (U.S.), and Henze Boron Nitride Products AG (Germany).
H-BN powder products find usage in applications such as, coatings & mold release, electrical insulation, lubrication-industrial, composites, personal care, paints, lubricants-food, thermal spray, others (dental cements, pencil lead and synthesizing of h-BN).
The price of h-BN powder is high as compared to the available alternative substitutes. This is a major restraint in the global h-BN powder market. However, the h-BN powder is preferred over the others due to its superior performance at high temperatures.
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The report “Biodiesel Market by Feedstock Type (Vegetable Oils (Soybean, Rapeseed, Palm), Animal Fats (Lard/White Grease, Poultry, Tallow), Brown Grease/ Trap Grease), Application (Fuel, Power Generation), and Region. Increasing demand for environmentally-friendly fuels that reduce greenhouse gas emissions and ensure complete burning is an important factor driving the biodiesel market. The support of the government for biodiesel production by providing subsidies and imposing mandates indicates a continued growth of the market.
♦ Market Dynamics
• Drivers
Potential to reduce emissions
• Restraints
Performance concerns
• Opportunities
OEM support for biodiesel continues to grow
• Challenges
Easy availability of raw materials in emerging regions leading to overcapacity
The vegetable oils segment is estimated to lead the biodiesel market
Vegetable oils obtained from the feedstock, such as soybean, palm, and rapeseed are used to produce biodiesel. Biodiesel obtained from vegetable oils is preferred across various industries, as it contains less saturated fat that makes it easy to process, thus reducing the overall manufacturing cost. Furthermore, the feedstock required to manufacture vegetable oils is more easily available as compared to animal fats and greases.
The fuel application segment is estimated to lead the biodiesel market
Fuel is estimated to be the leading segment of the biodiesel market, followed by power generation. Biodiesel is preferred as a fuel, as it reduces wear and tear of the engine and ensures complete fuel combustion. Additionally, biodiesel offers better fuel economy over fossil fuels.
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Seamless Pipes Market was estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
To define and segment the seamless pipes market by type, material, production process, end-use industry, and region
To identify the market dynamics, such as drivers, restraints, opportunities, and challenges currently impacting the growth of the seamless pipes market
To analyze and forecast the demand for seamless pipes, in terms of value and volume
To analyze recent developments, such as facility & capacity expansions, partnerships & collaborations, and new product developments of key players operational in the market
To analyze the opportunities in the seamless pipes market for stakeholders and details of the competitive landscape of market leaders
Research Methodology -
The research methodology used to estimate and forecast the seamless pipes market began with capturing data on key vendor revenues through secondary sources, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and private websites and databases. The vendor offerings were taken into consideration to determine the market segmentation.
Based on End-use Industry:
Oil & Gas
Infrastructure & Construction
Power Generation
Automotive
Engineering
Others
Seamless pipes are manufactured using varied materials, such as steel & alloys, copper & alloys, and nickel & alloys, among others. Based on material, the steel & alloys segment is estimated to be the largest segment of the seamless pipes market in 2017. Steel is one of the key materials preferred for the manufacturing of seamless pipes, owing to its high strength and durability of seamless steel pipes.
♦ Major Key Players -
Volatility in raw material prices can restrain the growth of the seamless pipes market. Key players operating in the market include Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain). Key companies in the market adopted strategies, such as expansions and agreements to meet the growing demand for seamless pipes and increase their market shares.
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The report "Silk Market by Type (Mulberry Silk, Tussar Silk, and Eri Silk), Application (Textile, and Cosmetics & Medical), and Region (Asia-Pacific, North America, Europe, Middle East & Africa, and South America) - Global Forecast to 2021", The global silk market is projected to reach USD 16.94 Billion at a CAGR of 7.8%.
Based on type, the mulberry silk segment is projected to lead the silk market during the forecast period
Based on type, the mulberry silk segment is projected to lead the silk market. Owing to its high strength, durability, and flexibility, mulberry silk is used in the production of textile such as apparel, wedding dresses, gowns, blouses, scarves, neckties as well as in interiors such as pillows, wall hangings, draperies, and upholstery. The growing textile industry in the Asia-Pacific region is driving the demand for mulberry silk in the Asia-Pacific region.
Textile is the largest application segment of the silk market
Textile is the largest application segment of the silk market, owing to an increase in demand for silk products from textile industries in Asia-Pacific and Europe. Silk is used in the textile industry as it is lustrous, luxurious, lightweight, resilient, stain-resistant, and strong. Silk Market worth 16.94 Billion USD
What is spider silk, the emerging type in silk market?
Where will all the developments take the industry in the mid to long term?
Major Market Developments:
In March 2017, Bolt Threads Inc. started its first product made of spider silk. It introduced tie made of spider silk.
In September 2016 AMSilk GmbH entered into distribution agreements with Korean-based company Hanjoo C&C for the distribution of its product in the Asian market. It distributes AMSilk products, Silkbeads (microparticles), and Silkgel (hydrogel) in Korea.
In June 2016, AMSilk GmbH entered into an agreement with Zurich based company, RAHN AG, to distribute two ingredients made from AMSilk, Silkgel, and Silkbeads.
