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Metal Fibre Market is anticipated to record a CAGR of 4.3% over the forecast period and top key players are E. I. du Pont de Nemours and CompanyBASF SE,Huntsman International LLC,HYOSUNG,Celanese Corporation,PPG Industries Ohio, Inc.,Ahlstrom Corporation,

03-20-2019 01:31 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Metal Fibre Market is anticipated to record a CAGR of 4.3% over

Metallic fibres, also known as synthetic fibres, are composed of metals, metals coated by plastics, or the core completely made up of metals. Metal fibres can be drawn from wires of larger diameters, shaved from thicker wire or grown around carbon seeds. Silver and gold were traditionally used in the textile industry for luxury clothing decoration purposes. The primary use of metal fibres lies in upholstery fabric and textiles such as lamé and brocade. Metal fibers are also used by consumers in weaving. Metal fibres can be knit, braided and woven into fashionable trims and fabrics. Metallic fibres are at times twisted with other variety of textiles such as nylon, wools, cotton and more to give a luxury finish to the produced yarns.

Metal fibres are produced using two basic processes namely, laminating process and metalizing process. The laminating process involves the sealing of two layers of acetate or polyester film between a layer of aluminum whereas metalizing process involves heating the metal until it vaporizes then depositing at a high pressure onto the polyester film. The uses of metallic fibres are not just limited to textile industry. These fibers are also used in communication lines such as cable television lines and phone lines. The uses of metal fibres have further propelled in the recent past on account of their use in tire cord, space suits, missile nose cones and much more. The increasing uses of metal fibres in various end user industries are estimated to propel the market at a sturdy rate during the forecast period.

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Market Size & Forecast

Metal Fibre Market is anticipated to record a CAGR of 4.3% over the forecast period. Many multi-national companies are dealing in new product advances using metal fibre. Moreover, the many advantageous properties of metal fibres are exploited in the field of aviation and electronic communication every now and then. New uses for metal fibres are discovered on regular basis which is expected to drive the metal fibre market rapidly.

Currently the global metal fibre market is observing vibrant growth owing to increasing demand of luxury carpets and textiles in the market. Advance in aerospace and aviation industry in the past few years and growing space explorations is projected to drive metal fibre market besides the wide range of functions of metal fibre in an immense range of products such as luxury carpets, military armors, airframe structures and electronic communications during the forecast period.

On the basis of regional platform, global metal Fibre market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

As a precursor to luxury decorating in textile industry, North America is panned to observe substantial metal fibre market growth due to rising metal fibre usage. North America is predicted to be followed by Europe in terms of consumption due to expanding metal fibre requirements in aerospace and military usage.

Asia Pacific is expected to drive demand and positively impact metal fibre market growth over the forecast period owing to increasing metal fibre application in textile industries on account of rising demand for luxury ethnic carpets across the region. Due to multiplying metal fibre uses in growing end-use industries such as textile, military, automotive industries, Asia Pacific is budding as a regional metal Fibre and its derivatives consumption market.

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Market Segmentation

Our-in depth analysis of the global metal Fibre market includes the following segments:

By Material Type

Nickel
Copper
Aluminum
Gold
Silver
Bronze
Others
By Fibre Coating

Vacuum deposition
Sputter coating
Electroless coating
Coating metal powder with binders
By End-User Industries

Textile
Construction
Automotive
Electrical
Others
By Region

Global Metal Fibre Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.
Growth Drivers & Challenges

The rising demand for metal fibre in textile industries for luxury clothing and home interior decorations on account of rising disposable income of populations in developed as well as developing countries is estimated to increase the growth rate of metal fibers market over the forecast period. The increasing applications of metal fibres in automotive industry along with electronic communication industry, the metallic fibres market is anticipated to drive at a decent rate during the forecast period. Factors such as lightweight and strong tensile strength of these materials have resulted in an increased demand for metal fibres in aviation, automotive and arms industry in the recent past. Additionally, the good insulation properties of metal fibers call up for increased demand in electronic communication line paving as well. Moreover, the application of metal fibres in manufacturing of hybrid composites and cut resistant gloves and suits is expected to expand the market in heavy duty machine industries across the globe.

However, poor stability features in raw material costs and supply for metal fibres manufacturing is anticipated to restrain the metal fibres market during the forecast period.

Key Players

Fibrometals
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
E. I. du Pont de Nemours and Company
BASF SE
Huntsman International LLC
HYOSUNG
Celanese Corporation
PPG Industries Ohio, Inc.
Ahlstrom Corporation
IntraMicron, Inc.
PPG Industries Ohio Inc.

Read More- https://www.kennethresearch.com/report-details/metal-fibres-market/10076198

About Us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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