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Metal Fiber Market by Type (Steel, Copper, Nickel, Aluminum, and Others), and End-use Industry (Automotive, Textile, Aerospace, Construction, Power & Electronics, and Others): Global Opportunity Analysis and Industry Forecast 2020-2027
| A08009 | Pages: NA | Dec 2020 | 516 Views | | |
| Author(s) : Amit Narune , Eswara Prasad | Tables: NA | Charts: 55 | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
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Request Now !Metal Fiber Market Outlook - 2027
The global metal fiber market was valued at $4.5 billion in 2019, and is projected to reach $5.7 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027.
The outbreak of COVID-19 has disrupted many industrial activities such as construction, automotive, textiles which consequently decreased the demand for metal fiber.
Metal fiber simply implies a fiber that is produced using metal. Most of the applications of metal fibers are based on the properties such as good heat resistance, electrical conductivity, and high strength. It is also highly adopted in filtration application owing to its advantages such as high porosity for low pressure drops, corrosion resistance, flexible for tailor made small products, and others. Moreover, metal fiber-based filters are reusable with no decrease in efficiency. This recyclability allows metal fibers to support the circular economy.
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Factors that contribute toward the metal fiber market include rise in demand for steel fiber from construction industry, use of metal fiber in smart textiles, surge in demand for metal fibers for filtration applications, and others. However, high manufacturing cost and availability of the alternatives are some of the factors expected to hinder the metal fiber market growth. In addition, volatility in raw material prices is also one of the factors expected to hinder the market growth. On the contrary, rise in consumer base in developing regions such as Asia-Pacific and LAMEA is expected to offer lucrative opportunities for the industry participants during the forecast period. Aerospace, automobile, and construction are some of the fastest growing consumer base for metal fibers in the developing regions.
The metal fiber market is segmented on the basis of type, end-use industry, and region. By type, the market is divided into steel, copper, nickel, aluminum, others. On the basis of end-use industry, the market is categorized into automotive, textile, aerospace, construction, power & electronics, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The metal fiber market share is analyzed for all regions and segments.
The metal fiber market analysis covers in-depth information of the major industry participants. Some of the major players in the market include Arcelor Mittal, Addas Group, Bekaert S.A, Kosteel Co. Ltd., Yutian Zhitai Steel Fiber Manufacturing Co., Ltd, Nippon Seisen Co., Ltd, Fibrezone India, Stanford Advanced Materials, Sarda Industrial Enterprises, and Green Steel Group.
Other players in the value chain of the metal fiber market include Freudenberg Group, Fibre Technology Ltd, Sarda Industrial Enterprises, Carlisle Companies Inc., Guven Metal, Sunny Metal, Remix Steel Fiber, Hollingsworth & Vose Company, etc.
The key players adopt numerous strategies, such as product launch, business expansion, acquisition, partnership, collaboration, joint venture, and agreement, to stay competitive in the metal fiber market.
For instance, in July 2020, Bekaert is shifting its U.S. manufacturing activities to a modern and larger site in Wilkes-Barre, Pennsylvania. Its aim is to manufacture Dramix steel fibers so that it can offer U.S. made steel fibers for underground concrete applications and all surface.
Metal Fiber Market, by Type
By type, the steel segment garnered 33.4% share in terms of revenue in 2019 and expected to grow at CAGR of 4.6% during the forecast period. This is attributed to its dominant application in end-use industries such as construction, textiles, and others. In addition, development of infrastructure in emerging economies with supportive government policies boosts the demand for steel fiber. Steel fiber is mainly used in numerous applications such as refractories, composite reinforcement, and concrete reinforcement.
Metal Fiber Market
By Type
Steel is projected as the most lucrative segment.
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Metal Fiber Market, by End-Use Industry
By end-use industry, the textile segment garnered 18.7% share in 2019, in terms of revenue. Gold and silver fibers are extensively used in the fashion industry to improve the look and quality of the fabric. In addition, construction garnered 13.5% share in 2019 this is attributed to the development of infrastructure in the developed and emerging countries, the construction of commercial buildings, river banking projects, and roads have witnessed significant investments. These civil construction projects surged the adoption of metal fibers. Some of the construction projects were halted in early 2020 owing to outbreak of COVID-19. Moreover, participation of developing countries in the aerospace sector is expected to boost the growth of the metal fiber market during the forecast period.
Metal Fiber Market
By End-Use Industry
Aerospace is projected as the most lucrative segment.
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Metal Fiber Market, by Region
Region-wise, Asia-Pacific is expected to grow at a CAGR of 4.6% during the forecast period. This is attributed to presence of emerging economies such as India, China, South Korea, and Thailand. These emerging economies has rapidly growing consumer base such as aerospace, automotive, construction, textile, and others. China is one of the major contributors to the market owing to huge consumer base and presence of key players in the metal fiber market.
Metal Fiber Market
By Region
Asia-Pacific holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.
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Key benefits for stakeholders
- The report outlines the current market trends and future scenario of the metal fiber market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
- The metal fiber market size is provided in terms of revenue.
- The report provides in-depth analysis of the market along with the current and future metal fiber market trends.
- This report highlights the key drivers, opportunities, and restraints of market along with the impact analysis during the forecast period.
- Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- The study provides a comprehensive analysis of the factors that drive and restrain the market growth.
Impact of COVID-19 on the metal fiber market
- The outbreak of COVID-19 has affected the demand as well as manufacturing in supply regions.
- The manufacturing activities of industries such as automotive, construction, and textiles were disrupted owing to spread of COVID-19 around many countries around the globe, which has resulted in decrease in demand for metal fibers.
- The COVID-19 crisis has affected the chemical industry supply chain to a major extent. Therefore, this led to a major impact on raw material procurement.
Key market segments
By Type
- Steel
- Copper
- Nickel
- Aluminum
- Others
By End-Use Industry
- Automotive
- Textile
- Aerospace
- Power & Electronics
- Others
By Region
- North America
- Europe
- Asia-Pacific
- LAMEA
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.Key findings
2.2.1.Top investment pockets
2.3.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key forces shaping metal fiber market
3.2.1.Bargaining power of the supplier
3.2.2.Bargaining power of the buyer
3.2.3.Threat of Substitutes
3.2.4.Threat of new entrant
3.2.5.Competitive rivalry
3.3.Market Dynamics
3.3.1.Drivers
3.3.1.1.Increasing usage of steel fiber in construction industry
3.3.1.2.High demand for metal fibers in filtration application
3.3.2.Restraint
3.3.2.1.Volatile prices of raw materials
3.3.3.Opportunity
3.3.3.1.Developing consumer base in emerging economies
3.4.Value Chain
3.5.Patent analysis, By Country (2014 to 2019)
3.6.Impact of COVID-19 outbreak on the market
CHAPTER 4:METAL FIBER MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Steel
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Copper
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Nickel
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
4.5.Aluminum
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country
4.6.Others
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country
CHAPTER 5:METAL FIBER MARKET, BY END-USE INDUSTRY
5.1.Overview
5.1.1.Market size and forecast
5.2.Automotive
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Textile
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Aerospace
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
5.5.Construction
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country
5.6.Power & electronics
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country
5.7.Others
5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis, by country
CHAPTER 6:METAL FIBER MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by end-use industry
6.2.4.Market size and forecast, by country
6.2.5.U.S.
6.2.5.1.Market size and forecast, by type
6.2.5.2.Market size and forecast, by end-use industry
6.2.6.Canada
6.2.6.1.Market size and forecast, by type
6.2.6.2.Market size and forecast, by end-use industry
6.2.7.Mexico
6.2.7.1.Market size and forecast, by type
6.2.7.2.Market size and forecast, by end-use industry
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by end-use industry
6.3.4.Market size and forecast, by country
6.3.5.Germany
6.3.5.1.Market size and forecast, by type
6.3.5.2.Market size and forecast, by end-use industry
6.3.6.France
6.3.6.1.Market size and forecast, by type
6.3.6.2.Market size and forecast, by end-use industry
6.3.7.Italy
6.3.7.1.Market size and forecast, by type
6.3.7.2.Market size and forecast, by end-use industry
6.3.8.Spain
6.3.8.1.Market size and forecast, by type
6.3.8.2.Market size and forecast, by end-use industry
6.3.9.UK
6.3.9.1.Market size and forecast, by type
6.3.9.2.Market size and forecast, by end-use industry
6.3.10.Rest of Europe
6.3.10.1.Market size and forecast, by type
6.3.10.2.Market size and forecast, by end-use industry
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by end-use industry
6.4.4.Market size and forecast, by country
6.4.5.China
6.4.5.1.Market size and forecast, by type
6.4.5.2.Market size and forecast, by end-use industry
6.4.6.Japan
6.4.6.1.Market size and forecast, by type
6.4.6.2.Market size and forecast, by end-use industry
6.4.7.India
6.4.7.1.Market size and forecast, by type
6.4.7.2.Market size and forecast, by end-use industry
6.4.8.Australia
6.4.8.1.Market size and forecast, by type
6.4.8.2.Market size and forecast, by end-use industry
6.4.9.South Korea
6.4.9.1.Market size and forecast, by type
6.4.9.2.Market size and forecast, by end-use industry
6.4.10.Rest of Asia-Pacific
6.4.10.1.Market size and forecast, by type
6.4.10.2.Market size and forecast, by end-use industry
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by end-use industry
6.5.4.Market size and forecast, by country
6.5.5.Brazil
6.5.5.1.Market size and forecast, by type
6.5.5.2.Market size and forecast, by end-use industry
6.5.6.Saudi Arabia
6.5.6.1.Market size and forecast, by type
6.5.6.2.Market size and forecast, by end-use industry
6.5.7.South Africa
6.5.7.1.Market size and forecast, by type
6.5.7.2.Market size and forecast, by end-use industry
6.5.8.Rest of LAMEA
6.5.8.1.Market size and forecast, by type
6.5.8.2.Market size and forecast, by end-use industry
CHAPTER 7:COMPETITIVE LANDSCAPE
7.1.Introduction
7.1.1.Market player positioning, 2019
7.2.Product mapping of Key Industry Participants
CHAPTER 8:COMPANY PROFILES
8.1.ARCELORMITTAL
8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.R&D expenditure
8.1.6.Business performance
8.2.Addas Group
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.3.NV Bekaert SA
8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.4.Kosteel. CO., Ltd.
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.5.Yutian Zhitai Steel Fiber Manufacturing Co., Ltd
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.6.Nippon Seisen Co., Ltd.
8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.6.4.Business performance
8.7.Fibrezone India
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.8.Stanford Advanced Materials
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio
8.9.Sarda Industrial Enterprises
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio
8.10.Green Steel Group
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio
LIST OF TABLES
TABLE 01.GLOBAL METAL FIBER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.STEEL FIBER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 03.COPPER FIBER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 04.NICKEL FIBER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 05.ALUMINUM FIBER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 06.OTHERS FIBER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 07.GLOBAL METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 08.METAL FIBER MARKET,FOR AUTOMOTIVE, BY REGION, 2019-2027 ($MILLION)
TABLE 09.METAL FIBER MARKET,FOR TEXTILE, BY REGION, 2019-2027 ($MILLION)
TABLE 10.METAL FIBER MARKET,FOR AEROSPACE, BY REGION, 2019-2027 ($MILLION)
TABLE 11.METAL FIBER MARKET,FOR CONSTRUCTION, BY REGION, 2019-2027 ($MILLION)
TABLE 12.METAL FIBER MARKET,FOR POWER & ELECTRONICS, BY REGION, 2019-2027 ($MILLION)
TABLE 13.METAL FIBER MARKET,FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 14.METAL FIBER MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 15.NORTH AMERICA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 16.NORTH AMERICA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 17.NORTH AMERICA METAL FIBER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 18.U.S. METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 19.U.S. METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 20.CANADA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 21.CANADA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 22.MEXICO METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 23.MEXICO METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 24.EUROPE METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 25.EUROPE METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 26.EUROPE METAL FIBER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 27.GERMANY METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 28.GERMANY METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 29.FRANCE METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 30.FRANCE METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 31.ITALY METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 32.ITALY METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 33.SPAIN METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 34.SPAIN METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 35.UK METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 36.UK METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 37.REST OF EUROPE METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 38.REST OF EUROPE METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 39.ASIA-PACIFIC METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 40.ASIA-PACIFIC METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 41.ASIA-PACIFIC METAL FIBER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 42.CHINA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 43.CHINA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 44.JAPAN METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 45.JAPAN METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 46.INDIA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 47.INDIA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 48.AUSTRALIA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 49.AUSTRALIA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 50.SOUTH KOREA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 51.SOUTH KOREA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 52.REST OF ASIA-PACIFIC METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 53.REST OF ASIA-PACIFIC METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 54.LAMEA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 55.LAMEA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 56.LAMEA METAL FIBER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 57.BRAZIL METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 58.BRAZIL METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 59.SAUDI ARABIA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 60.SAUDI ARABIA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 61.SOUTH AFRICA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 62.SOUTH AFRICA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 63.REST OF LAMEA METAL FIBER MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 64.REST OF LAMEA METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027($MILLION)
TABLE 65.ARCELORMITTAL: COMPANY SNAPSHOT
TABLE 66.ARCELORMITTAL: OPERATING SEGMENTS
TABLE 67.ARCELORMITTAL: PRODUCT PORTFOLIO
TABLE 68.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 69.AG: COMPANY SNAPSHOT
TABLE 70.AG: PRODUCT PORTFOLIO
TABLE 71.BEKAERT: COMPANY SNAPSHOT
TABLE 72.BEKAERT: OPERATING SEGMENTS
TABLE 73.BEKAERT: PRODUCT PORTFOLIO
TABLE 74.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 75.KOSTEEL: COMPANY SNAPSHOT
TABLE 76.KOSTEEL: PRODUCT PORTFOLIO
TABLE 77.YUTIAN ZHITAI: COMPANY SNAPSHOT
TABLE 78.YUTIAN ZHITAI: PRODUCT PORTFOLIO
TABLE 79.NIPPON SEISEN: COMPANY SNAPSHOT
TABLE 80.NIPPON SEISEN: PRODUCT PORTFOLIO
TABLE 81.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 82.FIBREZONE: COMPANY SNAPSHOT
TABLE 83.FIBREZONE: PRODUCT PORTFOLIO
TABLE 84.SAM: COMPANY SNAPSHOT
TABLE 85.SAM: PRODUCT PORTFOLIO
TABLE 86.SARDA ENTERPRISES: COMPANY SNAPSHOT
TABLE 87.SARDA ENTERPRISES: PRODUCT PORTFOLIO
TABLE 88.GREEN STEEL: COMPANY SNAPSHOT
TABLE 89.GREEN STEEL: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTS
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.HIGH BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.LOW THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.GLOBAL METAL FIBER MARKET DYNAMICS
FIGURE 11.METAL FIBER MARKET: VALUE CHAIN
FIGURE 12.PATENT ANALYSIS, BY COUNTRY (2014 TO 2019)
FIGURE 13.GLOBAL METAL FIBER MARKET, BY TYPE, 2019–2027 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF STEEL FIBER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF COPPER FIBER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF NICKEL FIBER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF ALUMINUM FIBER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF OTHERS FIBER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.GLOBAL METAL FIBER MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF METAL FIBER MARKET, FOR AUTOMOTIVE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF METAL FIBER MARKET, FOR TEXTILE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF METAL FIBER MARKET, FOR AEROSPACE, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF METAL FIBER MARKET, FOR CONSTRUCTION, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 24.COMPARATIVE ANALYSIS OF METAL FIBER MARKET, FOR POWER & ELECTRONICS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 25.COMPARATIVE ANALYSIS OF METAL FIBER MARKET, FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 26.U.S. METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.CANADA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.MEXICO METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.GERMANY METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.FRANCE METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.ITALY METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.SPAIN METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.UK METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.REST OF EUROPE METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.CHINA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.JAPAN METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.INDIA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.AUSTRALIA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.SOUTH KOREA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 41.BRAZIL METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 42.SAUDI ARABIA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 43.SOUTH AFRICA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 44.REST OF LAMEA METAL FIBER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 45.MARKET PLAYER POSITIONING, 2019
FIGURE 46.RODUCT MAPPING OF KEY INDUSTRY PARTICIPANTS
FIGURE 47.R&D EXPENDITURE, 2017 –2019 ($MILLION)
FIGURE 48.ARCELORMITTAL: REVENUE, 2017–2019 ($MILLION)
FIGURE 49.ARCELORMITTAL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50.ARCELORMITTAL: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 51.BEKAERT: REVENUE, 2017– 2019 ($MILLION)
FIGURE 52.BEKAERT: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 53.BEKAERT: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 54.NIPPON SEISEN: REVENUE, 2017 – 2019 ($MILLION)
FIGURE 55.NIPPON SEISEN: REVENUE SHARE BY SEGMENT, 2019 (%)
According to CXOs of the industry participant active in the market the demand for metal fiber is witnessing significant growth, owing to factors such as presence of developed consumer base in North America and Europe regions, rise in applications in various end-use industries, and others.
In addition, surge in consumer bases such as automotive, aerospace,and textile sector in developing countries is expected to boost the demand for metal fibers during the forecast period. However, high manufacturing cost of metal fibers and volatility in prices of the raw material are some of the factors that hinder the metal fiber market growth. In addition, presence of alternative in the market is also one of the factors expected to hamper the market growth during the forecast period. For instance, synthetic fibers are a substitute for steel fibers.
Q1. What are the key factors boosting the metal fiber market growth?
A. The rising usage of steel fiber in construction sector, high demand for metal fiber in gas filtration application, and others.
Q2. What will be the market value of metal fiber in the forecast period 2019 to 2027?
A. The metal fiber market was valued at $4.5 billion in 2019, and is projected to reach $5.7 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027.
Q3. Which are the top companies in the metal fiber industry?
A. Arcelor Mittal, Addas Group, Bekaert S.A, Nippon Seisen Co., Ltd, Fibrezone India, Stanford Advanced Materials, and Green Steel Group are some of the major companies in the metal fiber industry.
Q4. Which industry is projected to increase the demand for metal fiber Market?
A. Aerospace industry is expected to increase the demand for metal fiber during the forecast period.
Q5. Which segment accounted for the largest metal fiber market share?
A. On the basis of type, steel segment accounted for the largest share in the metal fiber market in 2019.
Q6. What is the major driver of the global metal fiber market?
A. Increased contribution of emerging economies in aerospace sector is one of the major drivers of the metal fiber market.
Q7. What is the estimated factor enhancing the global metal fiber market?
A. Rising construction sector in developing regions such as LAMEA and Asia-Pacific is one of the factors enhancing the global metal fiber market.
Q8. How will the COVID-19 pandemic impact the metal fiber market in 2020?
A. The outbreak of COVID-19 has decreased automobiles sales and hampered worker dense sector such as construction industry which has impacted the demand for metal fibers in 2020.
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