Global Metal Coated Fibers Market Projected to Surpass Valuation of US$ 79 Mn by 2026-End

Market Research Hub (MRH) has freshly publicized a new study titled “Metal Coated Fibers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” to its massive collection of research database. This 224-page study offers a holistic outlook on the market covering market trends, factors along with industry growth prospects from 2012 to 2017, and forecast to 2026. The report also presents opportunities in the metal coated fibers market at the global and regional level. Prime regions emphasized in the study are North America, Japan, Europe, the Asia Pacific, Middle East & Africa (MEA), and Latin America; these are analyzed in terms of market revenue.

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According to the research projections, the global metal-coated fibers market is projected to expand above CAGR of 9.0% during the forecast period of 2018-2026. At this pace, the market will reach a valuation of US$ 79 Mn by 2026. The above findings are based on primary and secondary research. In order to provide a comprehensive view of the global metal coated fiber market, a detailed qualitative analysis of factors responsible for driving and restraining market growth and future opportunities have been provided in the market overview section. The market overview section of the study includes market snapshot that provides overall information of various segments and sub-segments.

Factors Fueling Market Growth

The geographical scenario of the market has been offered to the readers in which the report has computed its market size forecasts in terms of revenue in US$ Mn. It has been clearly mentioned in the study that the metal-coated fibers market in the Asia Pacific is anticipated to expand at a CAGR of above 9.5% due to increase in focus on extensive research and expansion in the oil & gas, power generation, nuclear reactors, health care, and defense & aerospace sectors.

It is also a fact that the market is expected to be boosted by high demand for these fibers due to their properties such as high corrosion resistance and high mechanical strength. There has been increasing research and development activities out there regarding metal-coated fibers and their applications in high-temperature sensing and cryo sensing, which as a result prompting market growth.

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Moreover, the research has been analyzed on the basis of material, fiber and coating method. By material, metal-coated fibers market has been sub-segmented into aluminum, copper, nickel, gold, silver, and others. Based on fiber, it covers single mode, multimode, and other. On the other hand, freezing method, electroplating, electroless plating and others are the major coating method presented in the study. In terms of end-use, the study finds that the oil & gas segment holds a major share of the metal-coated fibers market, followed by the research & development segment.

At last, the concluding section of the report deals with the company market share analysis of key players operating in this industry including Fiberguide Industries, Inc., Technical Fiber Products Limited, IVG Fiber Ltd, Art Photonics GmbH, Oz Optics Limited, Conductive Composites Co. LLC, Engineered Fibers Technology, LLC., and LEONI.

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This release was published on openPR.