Industry Background:
Metal fibres are manufactured fibres composed of metal, plastic-coated metal or metal-coated plastic. These fibres are used for decorative and functional purposes as well. Metal fibre has a wide variety of applications includes the production of fibre metal alloys for filter elements, manufacture of hybrid composites, airframe structure, automobile body, and electrical insulation. Growing demand for materials with better corrosion resistance, enhanced durability, and cost-effective has created huge growth for metal fibres in the market
According to AMA Research, the market for Metal Fiber is expected to register a CAGR of 4.4% during the forecast period to 2027. This growth is primarily driven by The Growth in the Demand of Metal Fiber in the Fashion Industry Globally
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | Tonnes |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Materials sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as BASF SE (Germany), Huntsman Corporation (United States), Dupont (United States), Hyosung (South Korea), PPG Industries, Inc. (United States), Ahlstrom-Munksjö Oyj (Finland), Honeywell (United States), American Metal Fibers (United States), IntraMicron Inc. (United States), Teijin Limited (Japan), Magnetic Shield Corporation (United States) and Dexmet Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2021, Concrete specimens inspired by the Bouligand hierarchical design used in 3D concrete printing. According to recent discoveries in additive manufacturing. Common steel reinforcements are very difficult to incorporate into the process, and steel fibers have been introduced into the printing process. and In 2020, The Covid 19 pandemic has become a huge obstacle to industrial activity and has significantly reduced demand for metal fibers. Supply chains were also affected by the collapse of the chemical industry.
Regulatory Insights:
The Textile Fiber Products Identification Act (Textile Act) and Rules require marketers to, among other things, attach a label to each covered textile product disclosing: The generic names and percentages by weight of the constituent fibres in the product.
Metal Fiber Market Dynamics:
Attributes | Details |
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Growth Drivers | - The Growth in the Demand of Metal Fiber in the Fashion Industry Globally
- Increasing Investment in the Infrastructure Development Coupled with Various Countries Government
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Influencing Trends | - Innovative Developments in Counter top Metal Fiber
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Restraints | - Increasing Adoption of Synthetic Fibers in Certain Applications
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Road Blocks / Challenges | - Manufacturers are Facing Difficulties in Processing
- High Operating Cost
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Gaps & Opportunities | - The Manufacturers are Focusing on the Development of Light Weight and High Strength Materials
- The Growth in the Demand from Automotive, Aerospace, among Others Industry
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Metal Fiber Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Metal Fiber Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Metal Fiber players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Metal Fiber Study Sheds Light on
The Metal Fiber Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Metal Fiber industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Metal Fiber industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.