According to recently released data on the global nickel coated fibers market, the industry will generate US$ 14.3 million by the end of 2021, an increase of 7.2% year over year (YoY). Demand for carbon fibre as a fundamental fibre increased 7.6% to $10,3 million in 2021. The use of nickel-coated fibers in the electronics and telecommunications industry increased by 8.3% by the end of 2021.
Global demand for nickel-coated fiber is anticipated to grow at a rate of roughly 9% until 2032. According to the most recent forecast, the global market for nickel coated fibers is expected to reach $36.7 million by the end of 2032.
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Key Takeaways from Nickel Coated Fibres Market Study
- By base fiber, the carbon fiber segment is anticipated to create an absolute $ opportunity of US$ 17.6 million over the forecast period (2022-2032).
- By application type, EMI / EDS shielding accounted for 63% market share in 2022.
- Among the end uses, demand from the electronics & telecommunications sector is forecasted to expand 2.7X in market value by 2032.
- Europe is poised to hold around 28% of the global nickel-coated fibers market share by 2032.
- East Asia is expected to create an absolute dollar opportunity of US$ 4.9 million by 2032.
Why are Sales of Nickel Coated Fibers Set to Surge Going Forward?
There is a sizable demand for nickel-coated fibres because they are increasingly favoured over polymer-coated fibres for EMI shielding and sensing at higher temperatures.
Polymer-coated fibres are difficult to use in high temperatures. They can thermally degrade when the temperature hits 350 degrees Celsius. In these cases, metal-coated fibres are recommended. High-powered laser radiation is one hazardous environment that metal plating can tolerate. Nickel coatings are more effective than polymer coatings for preventing damage, enhancing sensing, and protecting fibre surfaces.
Key Companies Profiled
- Stanford Advanced Materials
- James Cropper PLC
- Conductive Composites
- Teijin (Toho Tenax Co. Ltd.)
Nickel Coated Fibers market global study goal is to offer trustworthy and practical industry information and statistics on the domestic and global markets, assisting market leaders, investors, small businesses, and others in gaining global market intelligence.
The study gives market participants the knowledge they need to decide critically important things like market expansion and investment in foreign markets. The research projects future economic, business, and political trends and events that could affect how they perform on a regional and global scale.
What are the key benefits of this Nickel Coated Fibers market research report?
- The report does a CAGR computation and covering regulatory updates, best market practices, and new trends in the market.
- The report does international Nickel Coated Fibers market analysis providing economic forecasts and country wise intelligence, risks forecast, and more.
- The report provides domestic as well as international planning in terms of business expansion and investments.
- The report suggests strategies to the key participants that to enable them expand in their business in existing or new international markets.
- The report is the overall outlook of the global industry economy.
- The report covers all the topics in the Nickel Coated Fibers market to accurately predict the changes political, economic, and business issues and trends that may drive the market in future.
The study covers every market-related problem, market, and idea. The report discusses issues pertaining to the chosen markets as well as the multinational corporations that have recently dominated the Nickel Coated Fibers industry.
The analysis includes statistical information that is graphed and shows the state of the market on both home and foreign marketplaces. The research’s findings are supported by market hazards and opportunities as well as experts and analysts from across the globe in the sector.
In recent years, the importance of Nickel Coated Fibers research—which use a number of data collection techniques and aims to understand customer preferences, geographic markets, and segmentation that may provide an organisation an advantage over rivals—has grown. The data and information obtained throughout the research are frequently extensive and complicated.
However, these intricate business insights are clarified for the market study’s intended audience by using tried-and-true methodology and techniques. Estimates of CAGR values, market drivers, and market limitations enable businesses to select from a range of options. After consulting an expert, a market report is created utilising a few steps or a mix of several strategies.
Market Structure
- by Base Fiber :
- Carbon Fiber
- Aramid
- Biomid
- by Application :
- EMI / EDS Shielding
- Radio Frequency Interference
- by Coating Method :
- Electroplating
- Electroless Plating
- Others
- by End Use :
- Aerospace & Defense
- Electronics & Telecommunication
- Automotive Industry
- Medical Industry
- Others
- by Region :
- North America
- Latin America
- Europe
- East Asia
- South East Asia & Oceania
- Middle East & Africa
The key business strategies discussed in this market research revolve around-
- Which are the key business segments in the global industry?
- What are the important elements used to study the business intelligence of the market?
- What is the market value of the dominant firms operating in the Nickel Coated Fibers industry?
- What are the distribution networks, domestic & international traders, vendors, sellers of the individual segments in the industry?
- What are the entry barriers and expansion barriers globally in the business?
- What are the trends in the market, growth possibilities, investment risks in the worldwide Nickel Coated Fibers market?
- What are the prospect opportunities and industry investment chances in the market?
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