PUBLISHER: IMARC | PRODUCT CODE: 1831957
PUBLISHER: IMARC | PRODUCT CODE: 1831957
Metal Fiber Market Report by Type, Technology, End Use Industry, and Region 2025-2033
The global metal fiber market size reached USD 5.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 7.2 Billion by 2033, exhibiting a growth rate (CAGR) of 3.32% during 2025-2033. The market is primarily being driven by significant technological advancements in manufacturing, rising focus on environmental sustainability and regulatory compliance, rapidly increasing product demand in automotive and aerospace industries, and increasing collaborations and research and development (R&D) activities by key players.
Metal Fiber Market Trends:
Significant Technological Advancements in Manufacturing
Technological developments in production methods have had a major impact on the metal fiber business. The production of metal fibers is now more cost-effective, efficient, and of higher quality due to advancements in production procedures. For instance, 3D printing of metal fibers can cut material waste 90%. Thermoplastic materials are utilized in 3D printers such as the Nexa3D QLS 230 and QLS 236. These materials can be melted and reused. This reduces resource consumption and keeps waste out of landfills by enabling material recycling and reusability.
Growing Demand in Automotive and Aerospace Industries
The growing product demand in automotive and aerospace industries is propelling the market growth. These industries have stringent demands for high-strength, lightweight materials to improve the performance and fuel efficiency. Metal fibers used in exhaust filtering systems and battery electrodes are being used more frequently in the automobile industry due to the increased demand for electric cars (EVs) and stricter emissions restrictions. For instance, according to the IMARC GROUP, the worldwide EV industry is predicted to expand at a compound annual growth rate (CAGR) of 34% during 2024-2032, which will significantly raise the need for metal fibers in battery applications.
Environmental and Regulatory Pressures
Environmental and regulatory pressures is positively driving the metal fiber outlook. Metal fibers have the leave a reduced environmental impact than conventional fibers and are more recyclable. Regulations which demand a decrease in waste and emissions, especially in the automotive and industrial sectors, are driving the use of metal fibers in filtering and emission control applications. For instance, the implementation of stringent environmental regulations such as the Euro 6 standards for vehicle emissions in Europe has made advanced filtration solutions necessary, increasing the utilization of metal fibers in automotive exhaust systems.
Metal Fiber Market Segmentation:
Breakup by Type:
- Steel
- Copper
- Nickel
- Aluminium
- Others
Steel accounts for the majority of the market share
Steel holds the maximum number of shares in the metal fiber market due to its combination of affordability, availability, and durability. It is an essential material for a wide range of industrial applications, including textiles, filtration systems, automotive and aerospace components. Steel alloys with elements like carbon to produce stainless steel fibers. This adaptability and specialization of steel fibers find resonance in the global stainless-steel market, which is demonstrating a robust growth trajectory. According to the IMARC GROUP, the stainless-steel market is exhibiting a CAGR of 5.34% during 2024 to 2032.
Breakup by Technology:
- Bundle Drawing
- Foil Shaving
- Machining
- Melt Spinning
Bundle drawing holds the largest share of the industry
Bundle drawing represents the largest segment due to its scalability and efficiency in creating high-quality fibers from a variety of metals. By bringing several strands together, this technique produces a large number of fibers that are same in thickness and strength. The popularity of bundle drawing can be attributed to its capacity to preserve the qualities and integrity of metal fibers during the manufacturing process. This technique is vital for industries requiring high-performance materials, such as filtration, driving demand for metal fiber bundle drawing. The growth of these industries is leading to an increased adoption of bundle drawing technique.
Breakup by End Use Industry:
- Automotive
- Textile
- Aerospace
- Construction
- Power and Electronics
- Others
Automotive represents the leading market segment
The automotive industry requires materials that offer durability, strength, and lightweight qualities. The high adoption rate of metal fibers in the automotive industry can be attributed to their mechanical capabilities and heat-resistance. These fibers are used to produce exhaust systems, brake pads, and sophisticated filtration units. They enhance vehicle safety, fuel efficiency, and vehicle performance. According to GITNUX, more than 26.3 million automobiles were sold globally, representing a 5% rise from 2020, thus driving the product adoption.
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Asia Pacific leads the market, accounting for the largest metal fiber market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for metal fiber.
On account of its substantial infrastructure investments, strong industrial growth, and growing automotive and aerospace industries, Asia Pacific leads the global metal fiber market. countries such as China, Japan, India, and South Korea, are making significant investments in technological developments and industrial expansion, thus acting as the main drivers of the dense concentration of manufacturing and technology enterprises of the region. The need for metal fibers in components and filtration systems is fueled by the rapid growth of the automotive industry, with Asia Pacific serving as a significant hub for automobile production and innovation. This growth can be attributed to the increasing development of EVs by key companies across the region. For instance, in December 2022, Tata Motors entered into a contract with Everest Fleet Pvt. Ltd. for the delivery of 5,000 XPRES-T EVs.
Competitive Landscape:
- The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the metal fiber industry include Addas Group, ArcelorMittal S.A., BinNova GmbH & Co KG, Fibrometals SRL, Green Steel Group, Guven Metal, IntraMicron Inc., MBC Metal Limited, N.V. Bekaert S.A., Nikko Techno Ltd., Nippon Seisen Co. Ltd and Stanford Advanced Materials.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
- In order to improve their market position and satisfy the changing needs of different industries, major players in the metal fiber sector are actively pursuing strategic initiatives. Investing in R&D to innovate and improve the quality, performance, and variety of applications of metal fibers is one of these activities. Additionally, industry leaders use mergers and acquisitions (M&As) to increase their capabilities. Key firms can gain access to new technology, broaden their product offerings, and penetrate new geographic markets by purchasing or merging with other businesses. This strengthens their competitive advantage and also aids in giving diversification to satisfy the particular needs of many sectors. For instance, Bekaert shifted its U.S. manufacturing activities to a modern and larger site in Wilkes-Baree, Pennsylvania. It primarily aims to produce Dramix steel fibers so that is able to offer U.S. made steel fibers for underground concrete applications and all surfaces.
Key Questions Answered in This Report
- 1.How big is the global metal fiber market?
- 2.What is the expected growth rate of the global metal fiber market during 2025-2033?
- 3.What are the key factors driving the global metal fiber market?
- 4.What has been the impact of COVID-19 on the global metal fiber market?
- 5.What is the breakup of the global metal fiber market based on the type?
- 6.What is the breakup of the global metal fiber market based on the technology?
- 7.What is the breakup of the global metal fiber market based on the end use industry?
- 8.What are the key regions in the global metal fiber market?
- 9.Who are the key players/companies in the global metal fiber market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Metal Fiber Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Steel
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Copper
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Nickel
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Aluminium
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Bundle Drawing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Foil Shaving
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Machining
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Melt Spinning
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Automotive
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Textile
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Aerospace
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Construction
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Power and Electronics
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Addas Group
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 ArcelorMittal S.A.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 BinNova GmbH & Co KG
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Fibrometals SRL
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Green Steel Group
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Guven Metal
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 IntraMicron Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 MBC Metal Limited
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 N.V. Bekaert S.A.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Nikko Techno Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Nippon Seisen Co. Ltd
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.12 Stanford Advanced Materials
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.1 Addas Group
List of Figures
- Figure 1: Global: Metal Fiber Market: Major Drivers and Challenges
- Figure 2: Global: Metal Fiber Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Metal Fiber Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Metal Fiber Market: Breakup by Type (in %), 2024
- Figure 5: Global: Metal Fiber Market: Breakup by Technology (in %), 2024
- Figure 6: Global: Metal Fiber Market: Breakup by End Use Industry (in %), 2024
- Figure 7: Global: Metal Fiber Market: Breakup by Region (in %), 2024
- Figure 8: Global: Metal Fiber (Steel) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Metal Fiber (Steel) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Metal Fiber (Copper) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Metal Fiber (Copper) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Metal Fiber (Nickel) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Metal Fiber (Nickel) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Metal Fiber (Aluminium) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Metal Fiber (Aluminium) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Metal Fiber (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Metal Fiber (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Metal Fiber (Bundle Drawing) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Metal Fiber (Bundle Drawing) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Metal Fiber (Foil Shaving) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Metal Fiber (Foil Shaving) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Metal Fiber (Machining) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Metal Fiber (Machining) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Metal Fiber (Melt Spinning) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Metal Fiber (Melt Spinning) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Metal Fiber (Automotive) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Metal Fiber (Automotive) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: Global: Metal Fiber (Textile) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: Global: Metal Fiber (Textile) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Global: Metal Fiber (Aerospace) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Global: Metal Fiber (Aerospace) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Global: Metal Fiber (Construction) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Global: Metal Fiber (Construction) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: Global: Metal Fiber (Power and Electronics) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: Global: Metal Fiber (Power and Electronics) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Global: Metal Fiber (Other End Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Global: Metal Fiber (Other End Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: North America: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: North America: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: United States: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: United States: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Canada: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Canada: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Asia-Pacific: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Asia-Pacific: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: China: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: China: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Japan: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Japan: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: India: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: India: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: South Korea: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: South Korea: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: Australia: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: Australia: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Indonesia: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Indonesia: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Others: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Others: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Europe: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Europe: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Germany: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Germany: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: France: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: France: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: United Kingdom: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: United Kingdom: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Italy: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Italy: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Spain: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Spain: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Russia: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Russia: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Others: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 75: Others: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 76: Latin America: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 77: Latin America: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 78: Brazil: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 79: Brazil: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 80: Mexico: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 81: Mexico: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 82: Others: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 83: Others: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 84: Middle East and Africa: Metal Fiber Market: Sales Value (in Million USD), 2019 & 2024
- Figure 85: Middle East and Africa: Metal Fiber Market: Breakup by Country (in %), 2024
- Figure 86: Middle East and Africa: Metal Fiber Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 87: Global: Metal Fiber Industry: SWOT Analysis
- Figure 88: Global: Metal Fiber Industry: Value Chain Analysis
- Figure 89: Global: Metal Fiber Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Metal Fiber Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Metal Fiber Market Forecast: Breakup by Type (in Million USD), 2025-2033
- Table 3: Global: Metal Fiber Market Forecast: Breakup by Technology (in Million USD), 2025-2033
- Table 4: Global: Metal Fiber Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
- Table 5: Global: Metal Fiber Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Metal Fiber Market: Competitive Structure
- Table 7: Global: Metal Fiber Market: Key Players
