Spider Silk: Reshaping the World of Industrial Adhesive and Heat Dissipating Materials


Spider Silk is a cutting-edge company with a mission to revolutionize the market of industrial adhesive and heat dissipating materials. With the advancement of technology and increasing performance of electronic devices, the need for materials that can support this growth has become critical. Spider Silk has set out to meet this demand with its innovative and effective solutions.


The market for industrial adhesive materials has grown exponentially in recent years, with a global market size estimated at $70 billion and a domestic market size of $3 billion as of 2020. Meanwhile, the market for heat dissipating materials has also experienced growth, with a global market size estimated at $15 billion and a domestic market size of 58 billion won as of 2020.


Despite this growth, the conventional manufacturing process of multilayer coating has been plagued by problems such as the diffusion of acrylic monomers in the ultraviolet process, which leads to a change in the composition of the material. The heat dissipating material market also faces challenges, such as the need to import graphite sheets and thermally conductive sheets in their entirety, the generation of foreign materials such as graphite dust during the roll-to-roll process, and the inverse relationship between the price and thermal conductivity and flexibility of thermally conductive pads.


Spider Silk has the solution to these problems. Through the development of multi-layer coating design of composite sheets and particle arrangement technology of heat dissipating materials, the company has created a multifunctional adhesive sheet with functions such as heat dissipation, electromagnetic shielding, and impact resistance. This groundbreaking technology has the potential to transform the industry.


At the helm of Spider Silk is its CEO, a former researcher at 3M, who possesses excellent core technology development capabilities and industrial networking skills. The company is well positioned to succeed in this competitive market, and its innovative solutions are poised to differentiate itself from existing solutions.


While specific details on the financials of Spider Silk are not disclosed, it is evident that the company has received funding and is on track to achieve projected revenue and expenses. With its exceptional team and innovative solutions, Spider Silk is poised to make a significant impact on the world of industrial adhesive and heat dissipating materials. 


p.s. SpiderSilk has been designated as a recipient of the TIPS grant, effective September 2022, following a recommendation from KingoSpring

*Technology Incubator Program for Startups (TIPS) is an initiative established by the government of South Korea to provide grant support for technology startups.

Location: South Korea

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