Metal Fiber Market is set for a potential growth and is expected to grow at 7.9% CAGR reach by 2023

Metal Fiber Market
Global Metal Fiber Market Information- by type (Nickel, Aluminum, Copper, Gold, Silver, and Others) by Application (Filtration, ESD/EMI Protection, Hot Glass Manipulation, Heating, or Other Specialties) by End User (Automotive, Textiles, Plastic, Glass, and Others) and by Region – Forecast till 2023

Market Highlights:

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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Regional Analysis:

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.

Global Metal Fiber Market Players:

Key players of the Global Metal Fiber Market are 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), and Others.

Segmentation:

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.

Based on application market is segmented into filtration, ESD/EMI protection, hot glass manipulation, heating, or other specialties, based on end user market is segmented into automotive, textiles, plastic, glass, and others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.

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