Market Overview:
The global metal fiber felt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for metal fiber felt in various applications, such as the petrochemical industry, automobile industry, and manufacturing industry. In addition, the growing demand for metal fiber felt in regions such as North America, Latin America, Europe Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market during the forecast period.
Product Definition:
Metal fiber felt is a non-woven fabric made from short, thin metal fibers. It is used as a filtering medium to remove solids from liquids or gases. The importance of metal fiber felt is that it can be used to filter out very small particles, making it an ideal choice for applications where purity is critical.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and strong magnetic properties. It also has good electrical conductivity, malleability, and ductility. The cost of stainless steel is based on the value of its primary alloy or base material i.e., ferritic iron (FeCr) or martensitic stainless (SS), which determines the quality for use in various applications such as cookware, kitchen appliances, building & construction equipment etc.
Inconel:
Inconel is a nickel-based alloy and is produced by mixing nickel, iron, and other metals at high temperatures. The resulting product has properties such as low thermal expansion, high hardness, corrosion resistance along with electrical conductivity. These properties make it suitable for use in heat exchangers & coolers of nuclear power plants; turbine blades of gas & steam turbines; chemical processing equipment; automotive parts including exhaust systems piping & turbocharger tubing among others.
Application Insights:
The manufacturing industry accounted for a major market share in terms of application and was valued at USD 5.9 billion in 2017. The product is widely used in the manufacturing industry owing to its properties such as high wear resistance, excellent dimensional stability, low friction coefficient and low thermal conductivity which make it ideal for use as lining material in heavy industrial machinery & equipment.
Metal fiber felt finds applications other than automobile interiors where it is used to line furnaces, fireplaces, chimneys and radiation protection shields among others on account of its superior characteristics such as flame resistance, heat resistant up to 800°C along with good tensile strength & flexibility which makes them suitable for these applications.
Regional Analysis:
Asia Pacific dominated the global metal fiber felt market in 2016 and is expected to continue its dominance over the next eight years. The region accounted for a share of more than 60% in 2016 owing to high product demand from various end-use industries, such as manufacturing, automotive, and others. China led the Asia Pacific regional market with a production of nearly 30% of all products globally.
The growth can also be attributed to increasing investments by foreign players in this region along with favorable government policies promoting FDI flow for manufacturing facilities setting up by domestic companies.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and aerospace due to its superior properties such as heat resistance, insulation, and acoustic damping.
- Growing popularity of metal fiber felt in filtration applications owing to its high porosity and excellent mechanical strength.
- Rising demand for lightweight materials in the automotive industry to improve fuel efficiency is expected to boost the market growth over the forecast period.
- Growing investments in research and development activities by key players to develop new applications for metal fiber felt is anticipated to propel the market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Fiber Felt Market Research Report
By Type
Stainless Steel, Inconel, Others
By Application
Petrochemical Industry, Automobile, Manufacturing Industry, Others
By Companies
Beious Company, FAFS, Rajfilters, Anping Tori Wire Mesh, Xi'an Filter Metal Materials, Eworldtradefair, Fuji Filter, Xiamenjl-Fiber Science&Technology, Filmedia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Metal Fiber Felt Market Report Segments:
The global Metal Fiber Felt market is segmented on the basis of:
Types
Stainless Steel, Inconel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petrochemical Industry, Automobile, Manufacturing Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Beious Company
- FAFS
- Rajfilters
- Anping Tori Wire Mesh
- Xi'an Filter Metal Materials
- Eworldtradefair
- Fuji Filter
- Xiamenjl-Fiber Science&Technology
- Filmedia
Highlights of The Metal Fiber Felt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel
- Inconel
- Others
- By Application:
- Petrochemical Industry
- Automobile
- Manufacturing Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Metal Fiber Felt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Metal fiber felt is a type of felt made from metal fibers. It is often used in the manufacturing of clothing and other items.
Some of the major players in the metal fiber felt market are Beious Company, FAFS, Rajfilters, Anping Tori Wire Mesh, Xi'an Filter Metal Materials, Eworldtradefair, Fuji Filter, Xiamenjl-Fiber Science&Technology, Filmedia.
The metal fiber felt market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Fiber Felt Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Metal Fiber Felt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Fiber Felt Market - Supply Chain
4.5. Global Metal Fiber Felt Market Forecast
4.5.1. Metal Fiber Felt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Fiber Felt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Metal Fiber Felt Market Absolute $ Opportunity
5. Global Metal Fiber Felt Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Metal Fiber Felt Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Inconel
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Metal Fiber Felt Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Metal Fiber Felt Market Size and Volume Forecast by Application
6.3.1. Petrochemical Industry
6.3.2. Automobile
6.3.3. Manufacturing Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Metal Fiber Felt Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Metal Fiber Felt Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Metal Fiber Felt Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Metal Fiber Felt Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Metal Fiber Felt Demand Share Forecast, 2019-2026
9. North America Metal Fiber Felt Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Metal Fiber Felt Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Metal Fiber Felt Market Size and Volume Forecast by Application
9.4.1. Petrochemical Industry
9.4.2. Automobile
9.4.3. Manufacturing Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Metal Fiber Felt Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Inconel
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Metal Fiber Felt Demand Share Forecast, 2019-2026
10. Latin America Metal Fiber Felt Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Metal Fiber Felt Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Metal Fiber Felt Market Size and Volume Forecast by Application
10.4.1. Petrochemical Industry
10.4.2. Automobile
10.4.3. Manufacturing Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Metal Fiber Felt Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Inconel
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Metal Fiber Felt Demand Share Forecast, 2019-2026
11. Europe Metal Fiber Felt Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Metal Fiber Felt Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Metal Fiber Felt Market Size and Volume Forecast by Application
11.4.1. Petrochemical Industry
11.4.2. Automobile
11.4.3. Manufacturing Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Metal Fiber Felt Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Inconel
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Metal Fiber Felt Demand Share, 2019-2026
12. Asia Pacific Metal Fiber Felt Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Metal Fiber Felt Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Metal Fiber Felt Market Size and Volume Forecast by Application
12.4.1. Petrochemical Industry
12.4.2. Automobile
12.4.3. Manufacturing Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Metal Fiber Felt Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Inconel
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Metal Fiber Felt Demand Share, 2019-2026
13. Middle East & Africa Metal Fiber Felt Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Metal Fiber Felt Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Metal Fiber Felt Market Size and Volume Forecast by Application
13.4.1. Petrochemical Industry
13.4.2. Automobile
13.4.3. Manufacturing Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Metal Fiber Felt Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Inconel
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Metal Fiber Felt Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Metal Fiber Felt Market: Market Share Analysis
14.2. Metal Fiber Felt Distributors and Customers
14.3. Metal Fiber Felt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Beious Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FAFS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rajfilters
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Anping Tori Wire Mesh
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xi'an Filter Metal Materials
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eworldtradefair
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fuji Filter
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Xiamenjl-Fiber Science&Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Filmedia
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
