Metal Fiber

Metal Fiber Market Size is Estimated to be US$ 7.01 Bn by 2027

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According to the report, the metal fiber market size is projected to hit around US$ 7.01 billion by 2027, registering a CAGR of 4.8% from 2020 to 2027. The report provides the overall revenue of the global metal fiber market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

Growth Factors

Metals are very crucial elements for the development of any industry. Presently, change in consumer preference for light-weight materials impact significantly towards the growth of metal fiber over the time period and this trend expected to be continued over the coming years because of significant on-going developments in the textile industry.

Apart from textile sector, automotive industry is the other prominent sector that has upended the global market for metal fibers. Alarming rate of rise in the air pollution has compelled governments of various nations to adopt stringent pollution control methods and as transportation contributes prominently towards the increasing pollution, thus strict measure are adopted regarding emission. In the wake of same, auto manufacturers are looking for light-weight materials that reduce the overall weight of the vehicle and enhance the fuel efficiency, thereby reducing the overall per vehicle contribution to the pollution.

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Report Scope of the Metal Fiber Market

Report Highlights Details
Market Size USD 7.01 Billion by 2027
Growth Rate CAGR of 4.8% from 2021 to 2027
Largest Market Asia Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2021 to 2027
Segments Covered Product, End User, Region
Companies Mentioned IntraMicron, Inc., N.V. Bekaert S.A., PPG Industries Ohio Inc., Fiberguide Industries Limited, Fibrometals SRL, Green Steel Group, MBC Metal Limited, Nippon Seisen Co., Ltd, Stanford Advanced Materials, Addas Group, Guven Metal

Regional Snapshots

The Asia Pacific is the most prominent market for metal fiber and accounted for the highest value share of nearly 32% in the year 2019. The growth of the region is mainly attributed to the significant demand of metallic products from developing countries such as India, China, and South Korea. These nations witness an emerging growth in the textile, automotive, and various other industries that further propels the market growth in the region. Furthermore, several manufacturers are expanding their production facilities in the region that further anticipated to drives the market growth over the analysis timeframe.

Besides this, Europe and North America are the other significant markets in the metal fiber owing to high demand from automotive and aerospace & defense industries. North America followed by Europe invests prominently in the research & development sector of defense and aerospace to strengthen their research arena and military base. Apart from this factor, rapid changing lifestyle along with their clothing greatly influences the market growth for metal fiber industry in the regions.

Report Highlights

  • The Asia Pacific is the front-runner in the global market accounting for a revenue share of nearly 32% in 2019 due to prominent demand from India, China, and other countries
  • The metal fiber market in Europe is majorly driven by its significant demand from automotive industry
  • The market in North America generated around 1.1 Billion in 2019 and projected to register a substantial growth over the forthcoming years owing to high demand for lightweight fibers
  • Steel fiber emerged as a leading product segment in 2019 with a revenue share of around 35% because of high demand for steel fibers in non-structural applications
  • Aluminum is the other important product segment that follows steel fiber in terms of revenue and estimated to expand at a rate of nearly 5% over the forecast timeframe
  • The automotive industry dominated the global market with more than 25% of total revenue in the year 2019 because of diverse applications in body parts, chassis, and car seats
  • The aerospace &defense industry emerged as a second largest end-use industry in the year 2019 owing to large application in sound attenuation and hydraulic fluid filter media

Related Reports

  • Metal Fiber Market – The global market was valued at USD 4.82 billion in 2019 and expected to reach USD 7.01 billion by 2027, with at a compound annual growth rate (CAGR) of 4.8% during the forecast period 2020 to 2027.
  • Thermal Interface Materials Market – The global market was valued at US$ 1.88 billion in 2019 and projected to reach US$ 4.31 billion by 2027, with at a compound annual growth rate (CAGR) of 10.9% during the prediction period 2020 to 2027.
  • Textile Chemicals Market – The global market is expected to garner revenue USD 35.4 billion by 2027, with a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2020 to 2027.

Key Players & Strategies

The prominent market players in the metal fiber market face intense competition among them because of rapid investment in the Research & Development (R&D) activity to offer a differentiated product and grab major consumer base through the same on the global scale. These industry participants are also significantly adopting various inorganic growth strategies such as merger & acquisition, partnership, collaboration, and regional expansion to gain competitive advantage in the global market.

Some of the key players operating in the market are IntraMicron, Inc., N.V. Bekaert S.A., PPG Industries Ohio Inc., Fiberguide Industries Limited, Fibrometals SRL, Green Steel Group, MBC Metal Limited, Nippon Seisen Co., Ltd, Stanford Advanced Materials, Addas Group, Guven Metal, and BinNova Metal Fiber Technology GmbH among others.

Segments Covered in the Report

By Product

  • Nickel
  • Steel
  • Aluminum
  • Copper
  • Others

By End-use Industry

  • Power & Electronics
  • Automotive
  • Chemical & Materials
  • Textile
  • Aerospace & Defense
  • Others

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Metal Fiber Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Metal Fiber Market

5.1. Covid-19: Metal Fiber Industry Impact
5.2. Metal Fiber Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Metal Fiber Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Metal Fiber Manufacturers to deal with Covid-19 Pandemic Scenario

Chapter 6. Metal Fiber Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increase in Demand for Metal Fiber across Various Industries
6.1.2. Market Restraints
6.1.2.1. High Cost of Manufacturing and Maintenance
6.1.3. Market Opportunities
6.1.3.1. High Demand for Light Weight Vehicles
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Global Metal Fiber Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Metal Fiber Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Metal Fiber Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Metal Fiber Market Production by Manufacturer (2015-2020)
7.1.1.4. Metal Fiber Market Production Market Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Manufacturers Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Metal Fiber Market, By Product

8.1. Metal Fiber Market, by Product, 2016-2027
8.1.1. Nickel
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Production and Forecast (2016-2027)
8.1.2. Steel
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Production and Forecast (2016-2027)
8.1.3. Aluminum
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Production and Forecast (2016-2027)
8.1.4. Copper
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.4.2. Market Production and Forecast (2016-2027)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.5.2. Market Production and Forecast (2016-2027)

Chapter 9. Global Metal Fiber Market, By End-use Industry

9.1. Metal Fiber Market, by End-use Industry, 2016-2027
9.1.1. Power & Electronics
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Consumption and Forecast (2016-2027)
9.1.2. Automotive
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Consumption and Forecast (2016-2027)
9.1.3. Chemical & Materials
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.3.2. Market Consumption and Forecast (2016-2027)
9.1.4. Textile
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.4.2. Market Consumption and Forecast (2016-2027)
9.1.5. Aerospace & Defense
9.1.5.1. Market Revenue and Forecast (2016-2027)
9.1.5.2. Market Consumption and Forecast (2016-2027)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2016-2027)
9.1.6.2. Market Consumption and Forecast (2016-2027)

Chapter 10. Global Metal Fiber Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Production Forecast by Product (2016-2027)
10.1.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast (2016-2027)
10.1.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast (2016-2027)
10.1.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product (2016-2027)
10.2.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast (2016-2027)
10.2.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast (2016-2027)
10.2.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast (2016-2027)
10.2.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast (2016-2027)
10.2.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product (2016-2027)
10.3.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast (2016-2027)
10.3.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast (2016-2027)
10.3.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast (2016-2027)
10.3.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast (2016-2027)
10.3.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product (2016-2027)
10.4.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast (2016-2027)
10.4.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast (2016-2027)
10.4.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product (2016-2027)
10.5.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast (2016-2027)
10.5.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast (2016-2027)
10.5.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast (2016-2027)
10.5.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast (2016-2027)
10.5.6.2. Market Revenue and Consumption Forecast (2016-2027)

Chapter 11. Company Profiles

11.1. IntraMicron, Inc.
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.1.4. Recent Developments and Strategies
11.2. N.V. Bekaert S.A.
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.2.4. Recent Developments and Strategies
11.3. PPG Industries Ohio Inc.
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.3.4. Recent Developments and Strategies
11.4. Fiberguide Industries Limited
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.4.4. Recent Developments and Strategies
11.5. Fibrometals SRL
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.5.4. Recent Developments and Strategies
11.6. Green Steel Group
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.6.4. Recent Developments and Strategies
11.7. MBC Metal Limited
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.7.4. Recent Developments and Strategies
11.8. Nippon Seisen Co., Ltd
11.8.1. Company Overview, Business Information, Regional Presence
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.8.4. Recent Developments and Strategies
11.9. Stanford Advanced Materials
11.9.1. Company Overview, Business Information, Regional Presence
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.9.4. Recent Developments and Strategies
11.10. Addas Group
11.10.1. Company Overview, Business Information, Regional Presence
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.10.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. Email: sales@flairinsight.com

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