Global Metal Fiber market is expected to grow at ~7.9% CAGR during 2016-2023
April 21, 2017 --
Metallic fiber also known as metallic thread or metallic fiber originate from metal, plastic coated metal, metal coated plastic or completely covered by metal. Additionally, they can resist high temperatures, abrasion and resistant to chemicals. In polymers metal fibers minimize breakage and chemical deterioration also metal fibers reduce static electricity and heat. Metallic fibers are used in combination with other fibers in upholstery, clothing, and carpets and static electricity resistance.
Metal fiber has found in various applications such as filtration, ESD/EMI protection, glass manipulation, heating, or other specialties. In filtration, featuring high dirt holding capacity, superior porosity and low pressure drops, useful in application such, Exhaust - GPF & DPF, food and beverage processing, gas filtration, HEPA filtration, Hydraulic fluid filtration, Liquid-solid filtration, Marine fuel and lube oil filtration, polymer filtration. In hot glass manipulation the high quality fibers reduce deformations and scrap, boost production volumes and useful in manufacturing of various industrial glass such as automotive glass and mirrors, ballistic glass, container glass, solar glass. In ESD/EMI protection metal fibers applicable in big bags, brushes, carpets, personal protective clothing and others. Metal fibers heating cables have a huge market share in automotive and textile industry and are recognized by their softness, quality, outstanding lifetime, flexibility and resistance. The other specialties of metal fibers are composite reinforcement, cut resistant gloves, heat pipes, regenerator materials, seals, packing & gaskets, cooking ware forming.
Nickel metal fiber type will continue to lead the metal fibers market in forecasted period, Additionally EMI shielding applications will be the major driver for metal fiber market. Metal fiber take a part a significant role in automotive and textile industries and are also used as in the plastic, glass and other industries.
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Major Key Players
- Bekaert (Europe),
- Toho Tenax America, Inc. (USA),
- Hollingsworth & Vose Company (USA),
- Carlisle Companies Incorporated (US),
- Magnetic Shield Corporation (USA),
- Dexmet Corporation (USA),
- Interstate Specialty Products (USA),
Commenting on this report, an analyst from Market Research Future (MRFR)s team said, ?Global Metal Fiber Market size is expected to grow at CAGR of 7.9% during 2016-2023. The market witnessed a significant growth over the forecasted period owing to growing applications such as into filtration, ESD/EMI protection, hot glass manipulation, heating, or other specialties.
Metal fiber produce in these forms nickel, aluminum, copper, gold, silver, and others. Each type of metal fiber has their different application. Metal fiber is generally used in automotive, textiles, plastic, glass, and others.
The share of automotive and glass industry by end user accounts for the largest share in the market. Growing automotive and glass industry in APAC, Europe and Middle East is expected to drive the market growth. The market is fueled majorly by the demand rising in North America due to major demand in aerospace and defense industry followed by, APAC which comes at the second leading global metal fiber market due to the favorable economic conditions and huge demand in automotive, textiles and glass industry. Europe stands itself on the third position due to the various industrial applications such as glass and textiles industries. Growing population and increase in demand of glass, textile and automotive industries due to development in life style will drive the market of metal fiber.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on ?Global Metal Fiber Market ResearchReport- Forecast to 2023"
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Geographically, North America is a major global market of metal fiber largely due to defense and aerospace industries. Metal fiber market growth is expected in the Asia Pacific region on account of the booming end user industries such as glass industries, automotive industries including the applications such as filtration, ESD/EMI protection, hot glass manipulation, heating, or other specialties. Huge demand in various application such as ESD/EMI protection, Liquid-solid filtration, plastics, solar glass, automotive glass and mirrors, and others likely to drive the metal fiber market growth in other regions like China, Japan, India, and Indonesia has boosted the metal fiber market demand.
The global metal fiber market is majorly segmented on the basis of types, application, end user and region. Based on types market is segmented into nickel, aluminum, copper, gold, silver, and others.
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1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
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