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Metal Fiber Market Research Report Information by Type (Nickel, Aluminum, Copper, Iron, Silver, and Others), by Application (Filtration, ESD/EMI Protection, Hot Glass Manipulation, Heating, Specialties, and Others), by Technology (Bundle Drawing, Foil Shaving, Melt Spinning, and Machining), by End User (Automotive, Textiles, Plastic, Glass, and Others), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)‚ÄĒForecast till 2030


ID: MRFR/CnM/1960-HCR | 135 Pages | Author: Anshula Mandaokar| May 2024

Global Metal Fiber Market Overview


The Metal Fiber Market was valued at around USD 4.5 billion in 2030 and is expected to register a CAGR of approximately 9.30% during the forecast period, 2022-2030. Metal fiber is a manufactured fiber made from different type of coating processes such as plastic coated with metal, metal coated with plastic, moreover any fiber can be considered as a metal fiber if it has one of its composition is a metal although they can be differentiated from metal filaments on the basis of there diameter, usually the diameter for metal fibers lies in the range of 1¬Ķm to 100¬Ķm anything larger could be considered as a filament. Due to their properties such as high porosity, durability and cleanability they have a high contribution in filtration segment, and because of the features such as lightweight, high thermal and corrosion resistance, and good electric conductivity there is a surge in demand for the metal fiber in multiple industries. Lack of flexibility, rigidity, and high manufacturing cost can hamper market growth during the reviewed period.

Segmentation 

The global metal fiber market has been segmented into type, application, technology, end user, and region.By type, the global metal fiber market has been classified as nickel, aluminum, copper, iron, silver, and others. Aluminum held the largest market share in 2018, due to its high conductivity, thermal resistance, and being light weighted.By application, the global metal fiber market has been divided into filtration, ESD/EMI protection, hot glass manipulation, heating, or other specialties.Based on technology, the global metal fiber market has been split into bundle drawing, foil shaving, melt spinning, and machining. Bundle drawing is the most widely used process to produce metal fiber.Based on end user, the global metal fiber market has been segregated into automotive, textiles, plastic, glass, and others. The textile industry holds the largest market share of global metal fiber due to the use of metal fibers in different applications such as ESD/ EMI protection, heating, hot glass manipulation to produce handbags, footwear, home décor, etc. 

 

Regional Analysis 

North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are the region analyzed under the scope of the market.North America held the largest share of the global metal fiber market in 2018 and is expected to dominate the market during the reviewed period as there is the high consumption of textile products such as carpets & upholstery fabrics, protective clothing, plastic compounds are leading to the increase in demand for metal fibers. Moreover, a developed automotive industry of the region producing metal fiber embedded brake pads, clutches, and car seat heating seat and hence increasing the overall demand for metal fiber in the regional market.The Europe region had the second-largest share in the global metal fiber market in 2018 and is expected to show a promising growth during the forecast period because metal fiber being used in thermal clothing for production of protective personal equipment‚Äôs (PPEs) which are majorly used in F&B and construction & mining sectors. Furthermore, the substantial presence of following sectors has fueled the overall growth of metal fiber in the regional market.The main drivers for the growth of metal fiber in the Asia-Pacific region are the growing industrialization in the countries such as India, China, and Japan, leading to the high demand for the metal fiber. Moreover, programs such as ‚ÄėMake in India‚Äô which encourages policies like Foreign Direct Investments (FDI) has boosted the manufacturing and production segment of the region contributing to the overall growth of metal fiber in the regional market.The high manufacturing cost was accounted for the slow growth of metal fiber in Latin America. However, the region is relied upon to observe moderate development during the forecast period because of the rising industrialization in nations, for example, Brazil, Mexico, and Chile.The Middle East & Africa is expected to have a composed growth in the metal fiber market during the reviewed period attributed to the growing infrastructure and construction sector of the regional market. ¬†

 

Key Players

Some of the key players operating in the global metal fiber market Bekaert (Europe), Hollingsworth & Vose Company (US), Carlisle Companies Inc. (US), Magnetic Shield Corporation (US), Dexmet Corporation (US), Interstate Specialty Products (US), Stanford Advanced Materials (US), Sarda Industrial Enterprises (India), Addas Group (Egypt), Freudenberg Group (Germany), Fibre Technology Ltd (UK), Green Steel Group (Italy), American Metal Fibers, Inc. (US), Hunan Huitong New Materials Co., Ltd. (China), and Fujikura Europe Ltd. (UK).  

 


Intended Audience:

  • Metal fiber manufactures

  • Production process industries

  • Traders and distributors of metal fiber

  • Raw material suppliers

  • Potential investors

  • R&D laboratories



Report Attribute/Metric Details
  Market Size   USD 4.5 billion
  CAGR   9.30%
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors and Trends
  Segments Covered   Type, application, technology, end user, and region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Bekaert (Europe), Hollingsworth & Vose Company (US), Carlisle Companies Inc. (US), Magnetic Shield Corporation (US), Dexmet Corporation (US), Interstate Specialty Products (US), Stanford Advanced Materials (US), Sarda Industrial Enterprises (India), Addas Group (Egypt), Freudenberg Group (Germany), Fibre Technology Ltd (UK), Green Steel Group (Italy), American Metal Fibers, Inc. (US), Hunan Huitong New Materials Co., Ltd. (China), and Fujikura Europe Ltd. (UK).
  Key Market Opportunities   Multiple industries Manufacturing and production segment  
  Key Market Drivers   Rising industrialization in nations Increasing Demand of High consumption of textile products


Frequently Asked Questions (FAQ) :

The valuation was USD 4.5 billion.

The market could achieve 9.30% CAGR during the forecast period of 2022-2030.

The metal fiber market has restraints like rigidity, lack of flexibility, and high manufacturing cost.

The metal fiber market has end users like textiles, automotive, glass, plastic, and others.

North America would dominate the global metal fiber market.

Metal Fiber Market

Metal Fiber Market is projected to be worth USD 4.5 billion by 2030, registering a CAGR of 9.30% during the forecast period (2022-2030).

Segmentation
By Type Nickel Aluminum Copper Iron Silver Others
By Application Filtration ESD/EMI Protection Hot Glass Manipulation Heating Specialties Others
By Technology Bundle Drawing Foil Shaving Melt Spinning and Machining
By End User Automotive Textiles Plastic Glass and Others
Key Players
Companies Profiled   Bekaert (Europe)    Hollingsworth & Vose Company (US)    Carlisle Companies Inc. (US)    Magnetic Shield Corporation (US)    Dexmet Corporation (US)    Interstate Specialty Products (US)    Stanford Advanced Materials (US)    Sarda Industrial Enterprises (India)    Addas Group (Egypt)    Freudenberg Group (Germany)    Fibre Technology Ltd (UK)    Green Steel Group (Italy)    American Metal Fibers Inc. (US)    Hunan Huitong New Materials Co Ltd. (China)    Fujikura Europe Ltd. (UK).
Drivers
Market Driving Forces   Rising industrialization in nations   Increasing Demand of High consumption of textile products
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