The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Metal Coated Fiber Market.
It was estimated prior to this unanticipated outbreak that the Metal Coated Fiber Market was expected to grow at 7.7% CAGR by 2022. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
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Metal coated fibers use pure metals of nickel, copper, aluminum, and gold to have higher temperature resistance, better conductivity, and higher strength than polymer coated fibers. Polymer coated fibers can operate at temperatures of up to 300 degrees Celsius, whereas metal coated fibers can withstand temperatures of up to 700 degrees Celsius for short periods or 500 degrees Celsius for longer periods.
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In terms of applications, EMI shielding is expected to drive the metal coated fiber market during the forecast period. North America is expected to remain the largest market for metal coated fibers during the forecast period.
Key Players:
Key metal coated fiber manufacturers globally are Technical Fibre Products, Toho Tenax, Hollingsworth & Vose Company, and Carlisle Interconnect Technologies. New product development, collaboration with customers, and long term contacts are the key strategies adopted by the major players to gain a competitive edge in the market.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Metal Coated Fiber Market analysis report discusses the following heads in great detail:
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