Metal Fibres Market

Metal Fiber Market Analysis by Material Type (Nickel, Copper, Aluminum, Gold, Silver, Bronze, and Others); and by End User (Textile, Construction, Automotive, Electrical, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2033

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Report ID: 1058 | Published On: Nov 05, 2022

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Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.


In The News

  • Bekaert S.A. – As part of expnasion strategy, Bekaert announced an equity investment in TFI Marine (Technology from Ideas), a leading mooring innovator, which has responded to the market needs with essential, patent-protected load reduction devices for floating offshore wind and offshore fish farm mooring systems.
  • PPG Industries UK Ltd – PPG Industries UK Ltd achieved record sales in the third quarter driven by continued selling price realization, resulting in more than a 12% rise in selling prices versus the third quarter 2021 and an 18% increase on a two-year stacked basis.

Global Metal Fiber Market Size, Forecast, and Trend Highlights Over 2023 – 2033




Metal-Fiber-Market-Analysis
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Key Questions Answered in the Report

1) What are the major factors driving the growth of the metal fiber market?

Ans: Expansion of the chemical industry worldwide, growing automotive industry, and rising governmental support are some major factors driving the growth of the market.

2) What would be the CAGR of metal fiber market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2033.

3) What are the challenges affecting the metal fiber market growth?

Ans: Lack of expert professionals, and high cost of production are estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of metal fiber market in future?

Ans: The market in North America region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

5) Who are the major players dominating the metal fiber market?

Ans: The major players in the market are IntraMicron, Inc., N.V. Bekaert S.A., PPG Industries Ohio Inc., Fiberguide Industries Limited, Fibrometals SRL, Green Steel Group, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the metal fiber market?

Ans: The market is segmented by material type, by end user, and by region.

8) Which segment captures the largest market size in the end user segment in the metal fiber market?

Ans: The automotive is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

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