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Metal Fibers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Metal Fibers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

 

Sarasota, FL -- (SBWIRE) -- 06/26/2017 -- Zion Market Research, the market research group announced the analysis report titled 'Metal Fibers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'

Metal Fibers Market: Overview

Metal fibers are made of metal or plastic coated with metal or metal coated with plastic. Demand for materials with better corrosion resistance, enhanced durability, and cost-effective has created a huge demand for metal fibers in the market. Metal fibers can be warped with other fibers such as wool fibers, cotton fibers, nylon, and synthetic fibers which make the end product attractive. Metal fibers are used for both decorative and functional purposes. They are used in a wide variety of applications, such as for the production of fiber metal alloys for filter elements, manufacture of hybrid composites, airframe structure, automobile body, and electrical insulation.

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Metal Fibers Market: Segmentation

The global metal fibers market is segmented into its fiber coating method, application, end-users, and geography. On the basis of fiber coating method, the market is divided into an electroless coating, sputter coating, coating metal powder with binders, and vacuum deposition. Based on application, the market is segregated into airframe structure, military armor, fiber metal alloy, space suits, automotive textiles, cut resistant garments, and decorative and interior items such as sofa covers and carpets. On the basis of end-users, the market is categorized into the aviation industry, home furnishing industry, arms industry, electrical industry, aerospace industry, and textile industry. Based on geography, the market is diversified into Latin America, Europe, North America, Asia-Pacific, and the Middle East and Africa.

Metal Fibers Market: Growth Factors

Metal fibers are lightweight and high strength materials. These features make them an ideal product to be used in the aerospace, aviation, automotive, and arms industry which will create a huge demand in the metal fibers market. Also, demand will be escalated in the electrical industries and textile industry due to the insulation abilities and perfect finish of the metal fibers. However, high prices of the raw materials and volatility in the product prices may cause a hindrance in the metal fibers market in the long run.

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Metal Fibers Market: Regional Analysis

Asia Pacific dominates the metal fibers market across the globe. Growth can be attributed to the presence of a large number of manufacturers in China and the rapid growth witnessed in the end-user industries such as aerospace, automotive, and electrical and electronics industry. Countries such as India, Australia, Japan, and New Zealand are also contributing a significant share to the market growth. Following Asia Pacific in its growth is Europe and North America. Rising demand for metal fibers from the aerospace and automotive as well as military equipment end-user industries are some of the driving factors that are contributing towards market growth in both these regions. Latin America and the Middle East and Africa will also be contributing a considerable market share in the coming years mainly due to the developing economic conditions in these regions.

Metal Fibers Market: Competitive Players

Some of the prominent players in the metal fibers market include E. I. du Pont de Nemours and Company, Huntsman International LLC, BASF SE, Celanese Corporation, HYOSUNG, Ahlstrom Corporation, and PPG Industries Ohio Inc.

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Global Metal Fibers Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa

Our value reports provide full, in-depth analysis of the parent market including most significant changes in market dynamics; the report also presents a detailed overview on segmentation of this market. We managed to present as many important information in essential form – thanks to our report You will learn more about former, on-going, and projected market analysis in terms of volume and value, assessment of niche industry developments and Market share analysis. We have not forgotten to present key strategies for major players, emerging segments and regional markets and last but not least, testimonials to companies in order to fortify their foothold in the market.

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