Metal Coated Fiber Market Revenue to Reach USD 83.43 Million by 2028

Rising demand from harsh environment related applications to accelerate the growth of metal coated fiber market

NEW YORK, USA, Jan. 20, 2022 / — According to our latest market research on “Metal Coated Fibers Market Forecast to 2028 – Impact of COVID-19 and Global Analysis – by Material (aluminum, copper, nickel, and others), coating method (freezing method, electroplating, electroless plating and others) and end use (oil and gas, defense and aerospace, medical, telecommunications and data centers, research and development and others)”, the Metal Coated Fibers market size was valued at US$ 47.99 Million in 2021 and is projected to reach US$ 83.43 Million by 2028; it is expected to register a CAGR of 8.2% from 2021 to 2028. The report highlights the key factors driving the growth of the market and the major players along with their developments in the market.

Strategic insights

Market size value in – 47.99 million US$ in 2021
Market size value of – USD 83.43 million by 2028
Growth rate – CAGR of 8.2% from 2021 to 2028.
Forecast Period – 2021-2028
Base year – 2021
Number of pages – 153
Number of tables – 83
Number of graphs and figures – 81
Historical data available – Yes
Segments Covered – Material, Coating Method and End Use
Regional scope – North America; Europe; Asia Pacific; Latin America; AEM
National reach – United States, United Kingdom, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report Coverage – Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors and Trends

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The metal coated and metal coated fibers market is driven by the growing demand for metal coated and metal coated fibers from harsh environment related applications. The continuous growth and expansion of defense, aerospace, and medical industries in various countries around the world are also contributing to the growth of the market. In addition, the players in the metallized metallized fibers market are committed to offering innovative products in response to an ever-increasing demand for metallized metallized fibers from various applications.

Growing demand for high temperature applications to influence the global market

There is a great demand for metal coated fibers from harsh environment applications. Additionally, the growing telecommunications industry in the Middle East and Africa will provide more opportunities for market players in the metal coated fiber market.

In 2020, North America held the largest revenue share of the global metal coated fiber market. Due to the booming economic conditions in the region, there has been a boost in industrial activities in the region. The exponential growth of the industrial sector, including aerospace, oil & gas, and medical, has influenced the demand for metal coated fibers in the region.

Impact of the COVID-19 Pandemic on the Metal Coated Fibers Market

The unprecedented rise in the number of COVID-19 cases and the subsequent lockdown of numerous manufacturing facilities in various countries has impacted the growth of various markets. The significant disruption in manufacturing has impacted the demand for metal coated metal clad fibers. In Europe, demand for fiber optic cables has increased during the pandemic due to increased demand for broadband capacity spurred by the COVID-19 pandemic.

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Metal Coated Fiber Market: By Material

On the basis of material, the global metal coated fiber market is segmented into aluminum, copper, nickel and others. The aluminum segment held the largest share of the global metal coated metal coated fiber market in 2020. Aluminum coated fibers are suitable for many unique applications. They provide excellent protection at prolonged stress levels. Aluminum coated fibers are resistant to gases, radiation and other harsh environments in various applications.

Metal Coated Fiber Market: Competitive Landscape and Key Developments

Some of the key players operating in the global metal coated fiber market are AFL; AMS Technologies; Arts Photonics Gmbh; Heracle Gmbh; Limited abortion fibre; Molex LLC; Electronic Force; Thorlabs, Inc.; Optical OZ; and technical fiber products.

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Samir Joshi
Insight Partners
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