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Global Metal Fiber Market to reach USD 5.7 billion by 2027.

Global Metal Fiber Market Size study, by Type (Steel, Copper, Nickel, Aluminum and Others), End-Use Industry (Automotive, Textile, Aerospace, Construction, Power and Electronics and Others) and Regional Forecasts 2020-2027

Product Code: CAMGCAN_45011791
Publish Date: 8-11-2020
Page: 200

Global Metal Fiber Market is valued approximately USD 4.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2020-2027. Metal Fiber is a fiber that is produced using metal. It is a fiber having either a metal, core covered by a metal, plastic coated metal, or a metal coated plastic. Metals such as stainless steel and aluminum are used as metallic fibers in applications such as textile decoration. Metal fibres are used in homes consisting of desirable warmth resistance, electrical conductivity, and excessive electricity and filtration applications. Moreover, metal fiber-based filters are reusable without a decrease in efficiency. This recyclability permits steel fibers to assist the round economic system. The use of metallic fibers in textiles for antistatic fibers and digital industries for weaving, circuit forums utilized in mobiles and computer systems, and others trigger the marketgrowth. Characteristics supplied via metallic fibers inclusive of chemical resistance, corrosion resistance, and excessive tensile electricity are boosting the call for metal fibers and that is anticipated to retain in numerous end-use industries over the forecast period. For instance, according to the World Steel Association, in 2020, steel demand will contract by 6.4%, dropping to 1,654 Mt due to the COVID-19 crisis. In 2021 steel demand is expected to recover to 1,717 Mt, an increase of 3.8 % over 2020. Total crude steel output across 64 major producer countries was 150.2 million tons in February 2021, down by 8% month on month but up by 4% from February 2020. Global crude steel output increased by 4.8% year on year to 162.9 million tons in January 2021, the World Steel Association (Worldsteel) said, marking the third monthly consecutive increase. However, high manufacturing and maintenance costs, lack of flexibility, and availability of substitutes, such as carbon fibers impedes the growth of the market over the forecast period of 2020-2027. Also, development of metal fibers due to stringent government regulations for increasing the fuel efficiency of the vehicles by reducing the overall weight of the vehicle, is likely to increase the market growth during the forecast duration.

The regional analysis of global Metal Fiber market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to significant demand from China, India, and other countries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as huge consumer base and presence of key players in the metal fiber market and the major multinational companies extend their offerings and manufacturing facilities in the developing countries would create lucrative growth prospects for the Metal Fiber market across Asia-Pacific region.

Major market player included in this report are:
Addas Group
NV Bekaert SA
Kosteel. CO., Ltd.
Yutian Zhitai Steel Fiber Manufacturing Co., Ltd
Nippon Seisen Co., Ltd.
Fibrezone India
Stanford Advanced Materials
Sarda Industrial Enterprises
Green Steel Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
By End-Use Industry:
Power and Electronics
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Metal Fiber Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Metal Fiber Market, by Region, 2018-2027 (USD Billion)
1.2.2. Metal Fiber Market, by Type, 2018-2027 (USD Billion)
1.2.3. Metal Fiber Market, by End-Use Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Metal Fiber Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Metal Fiber Market Dynamics
3.1. Metal Fiber Market Impact Analysis (2018-2027)
3.1.1. Market Drivers metal fiber-based filters are reusable without a decrease in efficiency.
3.1.2. Market Challenges high manufacturing and maintenance costs, lack of flexibility, and availability of substitutes
3.1.3. Market Opportunities Metal fibre are used to lower the weight of vehicle increasing its efficiency
Chapter 4. Global Metal Fiber Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Metal Fiber Market, by Type
5.1. Market Snapshot
5.2. Global Metal Fiber Market by Type, Performance – Potential Analysis
5.3. Global Metal Fiber Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Metal Fiber Market, Sub Segment Analysis
5.4.1. Steel
5.4.2. Copper
5.4.3. Nickel
5.4.4. Aluminium
5.4.5. Others
Chapter 6. Global Metal Fiber Market, by End-Use Industry
6.1. Market Snapshot
6.2. Global Metal Fiber Market by End-Use Industry, Performance – Potential Analysis
6.3. Global Metal Fiber Market Estimates & Forecasts by End-Use Industry 2017-2027 (USD Billion)
6.4. Metal Fiber Market, Sub Segment Analysis
6.4.1. Automotive
6.4.2. Textile
6.4.3. Aerospace
6.4.4. Construction
6.4.5. Power and Electronics
6.4.6. Others
Chapter 7. Global Metal Fiber Market, Regional Analysis
7.1. Metal Fiber Market, Regional Market Snapshot
7.2. North America Metal Fiber Market
7.2.1. U.S. Metal Fiber Market Type breakdown estimates & forecasts, 2017-2027 End-Use Industry breakdown estimates & forecasts, 2017-2027 Form breakdown estimates & forecasts, 2017-2027 Farm Type breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Metal Fiber Market
7.3. Europe Metal Fiber Market Snapshot
7.3.1. U.K. Metal Fiber Market
7.3.2. Germany Metal Fiber Market
7.3.3. France Metal Fiber Market
7.3.4. Spain Metal Fiber Market
7.3.5. Italy Metal Fiber Market
7.3.6. Rest of Europe Metal Fiber Market
7.4. Asia-Pacific Metal Fiber Market Snapshot
7.4.1. China Metal Fiber Market
7.4.2. India Metal Fiber Market
7.4.3. Japan Metal Fiber Market
7.4.4. Australia Metal Fiber Market
7.4.5. South Korea Metal Fiber Market
7.4.6. Rest of Asia Pacific Metal Fiber Market
7.5. Latin America Metal Fiber Market Snapshot
7.5.1. Brazil Metal Fiber Market
7.5.2. Mexico Metal Fiber Market
7.6. Rest of The World Metal Fiber Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. ArcelorMittal Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Addas Group
8.2.3. NV Bekaert SA
8.2.4. Kosteel. CO., Ltd.
8.2.5. Yutian Zhitai Steel Fiber Manufacturing Co., Ltd
8.2.6. Nippon Seisen Co., Ltd.
8.2.7. Fibrezone India
8.2.8. Stanford Advanced Materials
8.2.9. Sarda Industrial Enterprises
8.2.10. Green Steel Group

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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