1. DSM Sericin Market Analysis
1.1 DSM Business Overview
DSM is active in the personal care, home care and fine fragrance markets and a leading player in UV filters, vitamins and skin bioactives, aroma ingredients, peptides and polymers. Our suite of services and ingredients are tailored to the changing needs of your customers and the planet – and delivered by a team of experts committed to your success.
With our broad portfolio of UV filters, vitamins, bioactives, polymers and aroma chemicals we serve our customers in a broad range of applications in the home and personal care markets and fine fragrances.
1.2 Product Profiles and Application
Table Product Profiles and Application
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SERICIN |
|
SERICIN is a natural silk bioactive extract produced by the silk worm Bombyx mori. The unique silk protein SERICIN has strong affinity to keratin. It forms a highly substantive, protective anti-wrinkle film on the skin surface, imparting an immediate, long-lasting, smooth, silky feeling that even persists after a showering. Skin water loss and irritation are reduced. SERICIN is a yellowish-brown aqueous solution. |
1.3 DSM Sericin Market Performance Analysis
The sales volume of silk fibroin of DSM company increased from 368.7 tons in 2018 to 444.1 tons in 2023, and the sales price also fluctuated during this period, but overall showed an upward trend, growing from 86.3 thousand US dollars/ton in 2018 to 87.5 thousand US dollars/ton in 2023. In terms of revenue, DSM increased from $31.83 million in 2018 to $38.88 million in 2023, which is consistent with the growth in sales volume and prices. Gross profit also showed growth during this period, increasing from $11.81 million in 2018 to $13.97 million in 2023. However, the gross profit margin decreased from 37.1% in 2018 to 36.5% in 2020, gradually recovering to 36.29% in 2022, but slightly decreasing to 35.92% in 2023.
Table DSM Market Performance Analysis (Sales, Price, Revenue, Gross, Gross Margin)
|
DSM |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Sales (Tons) |
368.7 |
389.6 |
360.3 |
381.4 |
415.7 |
444.1 |
|
Price (K USD/Ton) |
86.3 |
87.3 |
86.3 |
87.8 |
89.2 |
87.5 |
|
Revenue (M USD) |
31.83 |
34.02 |
31.11 |
33.50 |
37.08 |
38.88 |
|
Gross (M USD) |
11.81 |
12.49 |
11.35 |
12.19 |
13.45 |
13.97 |
|
Gross Margin |
37.10% |
36.73% |
36.50% |
36.39% |
36.29% |
35.92% |
In 2019, DSM’s sericin sales reached 389.6 tons, an increase of 5.68% compared to 368.7 tons in 2018. However, the sales volume decreased to 360.3 tons in 2020, with a growth rate of -7.53%. From 2020 to 2021, DSM’s sales volume significantly recovered and increased, reaching 381.4 tons in 2021 with a growth rate of 5.88%. In 2022, the sales volume will further increase to 415.7 tons, with a growth rate of 8.99%, while in 2023, the sales volume will reach 444.1 tons, with a growth rate of 6.82%.
Figure DSM Sales and Growth Rate
2. LANXESS Sericin Market Analysis
2.1 LANXESS Business Overview
LANXESS is a leading specialty chemicals company based in Cologne. With around 13,100 employees in 32 countries, we are an established company on the global market. The core business is the development, manufacturing and marketing of chemical intermediates, additives and consumer protection products.
We manage our operating business through three segments: Advanced Industrial Intermediates, Specialty Additives and Consumer Protection. These include 10 Business Units, through which we work with a broad range of applications and markets.
2.2 Product Profiles and Application
Table Product Profiles and Application
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Lanxess PUROLAN® Sericin Silk Glycoprotein |
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Material Notes: PUROLAN® Sericin is a natural glycoprotein extracted from raw silk. PUROLAN® Sericin has similar characteristics as the keratin proteins in human skin which allows it to bind very effectively to the keratin of skin and hair, to form a multifunctional protective film. Key properties: Moisturizing / hydro-regulation Collagen growth effect Anti-aging and anti-wrinkle Antioxidant effect Gives softness INCI: Sericin CAS No.: 96690-41-4 Application: Skin and hair care products Color cosmetics like make-up, eye shadow, mascara, powder Recommend dosage: 0.5% – 3% Advantages: Provides skin relief Decreases TEWL (Transepidermal Water Loss) Produces a silky touch Smoothing and moisturizing Film forming continues even after washing Hydration of skin by hygroscopic or occlusive effects Influencing endogenic biochemical pathways, for perfectly hydrated skin |
2.3 LANXESS Market Performance Analysis
The sales volume of LANXESS Sericin reached 299.7 tons in 2019, an increase from 288.4 tons in 2018. However, the sales volume decreased to 272.9 tons in 2020. From 2020 to 2021, LANXESS’s sales volume recovered and increased, reaching 287.2 tons in 2021, further increasing to 314.0 tons in 2022, and continuing to grow to 326.4 tons in 2023. In terms of price, LANXESS’s product prices have also fluctuated during this period, dropping from $84.5 thousand per ton in 2018 to $83.2 thousand per ton in 2023. Revenue increased from $24.38 million in 2018 to $27.15 million in 2023, demonstrating the growth potential of the market. Gross profit also showed growth during this period, increasing from $8.72 million in 2018 to $9.55 million in 2023. The gross profit margin decreased from 35.75% in 2018 to 35.17% in 2021, then gradually rebounded to 35.73% in 2022, but decreased to 35.16% in 2023.
Table LANXESS Market Performance Analysis (Sales, Price, Revenue, Gross, Gross Margin)
|
LANXESS |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Sales (Tons) |
288.4 |
299.7 |
272.9 |
287.2 |
314.0 |
326.4 |
|
Price (K USD/Ton) |
84.5 |
83.3 |
82.8 |
83.9 |
85.2 |
83.2 |
|
Revenue (M USD) |
24.38 |
24.98 |
22.59 |
24.10 |
26.76 |
27.15 |
|
Gross (M USD) |
8.72 |
8.89 |
7.99 |
8.47 |
9.56 |
9.55 |
|
Gross Margin |
35.75% |
35.61% |
35.38% |
35.17% |
35.73% |
35.16% |
In 2019, LANXESS’s sales volume increased by 3.91% compared to 2018. However, the sales growth rate in 2020 decreased to -8.95%. From 2020 to 2021, LANXESS’s sales volume significantly recovered and increased, with a growth rate of 5.24% in 2021. The sales growth rate in 2022 will further increase to 9.34%, while the sales growth rate in 2023 will be 3.95%.
Figure LANXESS Sales and Growth Rate
3. Huzhou Aotesi Bio-chemical Sericin Market Analysis
3.1 Huzhou Aotesi Bio-chemical Business Overview
As a scientific and technological innovation enterprise that has passed ISO9001 certification, the company’s products have obtained several national invention patents. Relying on the rich silk resources in Huzhou’s “Silk City”, the company has worked closely with well-known universities and scientific research institutes to develop high-tech processes using biomass control and directional enzyme shearing as the silk industry has become increasingly depressed. The company has independent production capabilities, intellectual property rights functional instant sericin powder, silk mixed amino acids (silk fibroin), silk peptide powder, silkworm pupa amino acids, and other pure natural silk protein series products. The company occupies an area of 9,000 square meters, with a production office space of 5,500 square meters. It has complete water supply, heating, and power supply systems and a complete set of stainless steel production lines. It has also established a strict quality control and monitoring system to meet national food and pharmaceutical grade standards. Carry out large-scale and standardized production.
3.2 Product Profiles and Application
Table Product Profiles and Application
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Sericin powder (96690-41-6) |
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Sericin is a pure natural protein extracted from silkworm cocoons (cocoon shells, cocoon coats) and silk using biotechnology. It contains eighteen kinds of amino acids, among which serine and aspartic acid are high in content. In addition, the eight essential amino acids required by the human body are complete. Since sericin contains about 80% of amino acids with hydrophilic side groups, sericin has excellent moisturizing and moisturizing effects as a cosmetic raw material. Sericin also has special film-forming properties, which can form a silky, smooth, shiny, and elastic film on the attachment. It can form a protective film on the surface of the skin and hair, retain moisture, prevent damage to the cuticle of the skin, and prevent Ultraviolet radiation making the skin smooth and tender, and the hair soft and elastic. The serine content in sericin accounts for nearly 1/3, so it is widely used in coating materials for cotton, linen, underwear and clothing, and chemical fiber fabrics. It can increase the breathability of chemical fiber fabrics and is antibacterial, preventing skin itching, and other health functions. |
3.3 Huzhou Aotesi Bio-chemical Market Performance Analysis
The sales volume of sericin by Huzhou Aotesi Bio-chemical increased from 298.1 tons in 2018 to 343.1 tons in 2023, and the price also fluctuated during this period, decreasing from 76.6 thousand US dollars/ton in 2018 to 75.6 thousand US dollars/ton in 2023. In terms of revenue, Huzhou Aotesi Bio-chemical increased from 22.82 million US dollars in 2018 to 25.94 million US dollars in 2023, and its gross profit also showed growth during this period, from 7.95 million US dollars in 2018 to 8.95 million US dollars in 2023. The gross profit margin reached its lowest point of 34.24% in 2020 and gradually rebounded to 34.50% in 2023.
Table Huzhou Aotesi Bio-chemical Market Performance Analysis (Sales, Price, Revenue, Gross, Gross Margin)
|
Huzhou Aotesi Bio-chemical |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Sales (Tons) |
298.1 |
306.6 |
281.5 |
305.0 |
324.9 |
343.1 |
|
Price (K USD/Ton) |
76.6 |
75.3 |
74.9 |
76.2 |
77.3 |
75.6 |
|
Revenue (M USD) |
22.82 |
23.10 |
21.10 |
23.26 |
25.11 |
25.94 |
|
Gross (M USD) |
7.95 |
8.06 |
7.22 |
8.11 |
8.64 |
8.95 |
|
Gross Margin |
34.85% |
34.90% |
34.24% |
34.89% |
34.42% |
34.50% |
Huzhou Aotesi Bio-chemical’s sales volume increased by 2.88% in 2019 compared to 2018. However, the growth rate dropped to -8.19% in 2020 and 8.35% in 2021. The growth rate in 2022 is 6.53%, while the growth rate in 2023 is 5.60%.
Figure Huzhou Aotesi Bio-chemical Sales and Growth Rate
