The Global Metal Coated Fiber Market: Highlights
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.
The global metal coated fiber market is projected to grow at an impressive CAGR of 7.7% over the next five years to reach US$ 50.1 million in 2022. Nickel coated and copper-nickel coated fiber types will continue to dominate the market over the next five years.
Metal Coated Fiber- Insights by Application Type
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 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
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