Metal Fiber Market

Metal fiber is a type of novel metal material that has been developed in the last decade. It is made up of fine metal fibers that are twisted together to form a fabric-like material. Metal fiber can be used in different industrial applications, such as aerospace, automotive, and energy storage. Metallic fibers, in textiles, are synthetic fibers known generically as "metallic," including manufactured fibers composed of metal, metal-coated plastic, or a core covered by metal (usually aluminum). Trademarked names include Chromeflex, Lurex, and Melora.

Metallic fibers can also be made by using the metalizing process. This process involves heating the metal until it vaporizes, then depositing it at high pressure onto the polyester filmrizes, then depositing it at high pressure onto the polyester film. This process produces thinner, more flexible, more durable, and more comfortable fibers.

The major drivers of this growth are increasing demand from the automotive, defense, and aerospace industries owing to rising awareness about environmental sustainability as well as increasing acceptance of metal composites in various applications, including wind and solar energy generation, aircraft, and armored vehicles.

The metal fiber market is expected to grow at a CAGR of **% during the forecast period of 2018–2031. The growth is attributed to increasing demand for advanced composites, owing to the rising automotive and aerospace sectors. The players in the market are profiled in this article.

Some of the key players in the metal fiber market include Arcel Orbital, Addas Group, NV Bekaert SA, Kosteel Co., Ltd., Yutian Zhitai Steel Fiber Manufacturing Co., Ltd., Nippon Seisen Co., Ltd., Fiberzone India, Stanford Advanced Materials, and Sarda Industrial Enterprises.