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Metal fiber market is anticipated to surpass USD 5.7 billion by 2027 and registering a CAGR of 4.2% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.Based on geography, Asia-Pacific held the major share in 2019, holding nearly one-third of the global metal fiber market. The same region would also manifest the fastest CAGR of 4.6% during the forecast period. The other regions covered in the report include Europe, LAMEA, and North America.
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The global metal fiber market is analyzed across type, end-use industry, and region. Based on type, the steel segment contributed to around one-third of the total market in 2019, and is anticipated to retain its dominance by 2027. The same segment would also showcase the fastest CAGR of 4.6% from 2020 to 2027.
Based on end-use industry, the automotive segment accounted for nearly one-fourth of the total market share in 2019, and is projected to lead the trail by the end of 2027. Simultaneously, the aerospace segment would grow at the fastest CAGR of 4.8% throughout the forecast period.
The key market players analyzed in the global metal fiber market report include Arcelor Mittal, Addas Group, Bekaert S.A, Kosteel Co. Ltd., Yutian Zhitai Steel Fiber Manufacturing Co., Ltd, Nippon Seisen Co., Ltd, Fibrezone India, Stanford Advanced Materials, Sarda Industrial Enterprises, and Green Steel Group. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.
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Key offerings of the report:
• Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
• Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
• Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
• Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
• Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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