Kraig Biocraft Laboratories, Inc.’s (KBLB.OB) Target Market
The market Kraig Biocraft Laboratories has targeted is commonly referred to as the “technical textiles” market. This market encompasses a wide range of products that are used for a large number of different types of applications. The products sold into the technical textiles market are either finished products in themselves or are used as components to produce other products. The specific sector of the technical textiles market targeted by Kraig Biocraft is known as the high-performance fibers market and can be broken down into two main areas: Aramid fibers, the best known of these fibers being DuPont’s Kevlar which produces…