Home Advanced Materials Metal Fiber Market Size, Global Trend, Insights, Growth Forecast to 2025-2033

Metal Fiber Market Size, Share & Trends Analysis Report By Type (Steel, Copper, Nickel, Aluminum, Others), By End-Use Industry (Automotive, Textile, Aerospace, Construction, Power & Electronics, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRAM2435DR
Last Updated : Nov 05, 2024
Author : Straits Research
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Metal Fiber Market Size

The global Metal Fiber Market Size was valued at USD 5.78 billion in 2024 and is projected to reach from USD 6.09 billion in 2025 to USD 9.27 billion by 2033, growing at a CAGR of 5.4% during the forecast period (2025-2033).

Metallic fibers, also called metal fibers, are manufactured fibers composed of metal, metallic alloys, plastic-coated metal, metal-coated plastic, or a core completely covered by metal. Producing metal fiber requires the use of metallic alloys and pure metals. Once built, metal fiber can be transformed into porous media, textile products, and others. Its properties include corrosion resistance, superior mechanical strength, thermal resistance, high permeability, conductivity, and flexibility. Metallic fibers are a desirable class of fibers for composite applications due to their excellent mechanical properties; however, the specific strength or strength-to-weight ratio of metallic fibers is inferior to that of high-performance carbon, polymer, or ceramic fibers due to their greater density.

The diameter differentiates a metal fiber from a metal filament. There is a substantial increase in demand for metal fiber in various construction applications, including industrial flooring, tunnel construction, and highway pavement. This is due to its properties, which include high mechanical strength and resistance to corrosion, among others. The popularity of metal fiber has increased due to increased demand for filtration applications, steel fiber usage in the construction industry, and other factors. However, alternatives, high manufacturing costs, and volatile raw material prices are expected to impede the metal fiber market growth over the forecast period.

Metal Fiber Market

Metal Fiber Market Growth Factors

High demand in construction industry and filtration application

The construction industry is a massive end-user of steel, making it one of the most important contributors to the steel sector. Steel fibers are used in various applications in the construction domain, including tunnel concreting, foundation slabs, concrete flooring, slope stabilization, precast tunnel linings, factory and warehouse flooring, and others. The widespread use of steel fiber in the construction industry can be attributed to the material's significant benefits, which include improved resistance to abrasion, impact, and corrosion, amongst other things. The demand in the metal fiber market is expected to increase as a result.

Metal fibers are also utilized in filtration applications, including nanofiltration, amongst other uses. It is also resistant to high temperatures, corrosion, and porosity and possesses excellent mechanical strength. In addition to this, it contains a high degree of conductivity. Filtration media made of metal fibers are perfect for surface and deep filtration applications. The filtration media made of metal fibers have a high percentage of void space and a porosity of 90%, which leads to a high flow rate, high permeability, and a low-pressure drop. In addition, because metal fibers are flexible, they can be molded into various designs, and it is easy to tailor them to meet the requirements of smaller products. In addition, the efficiency of metal fiber filters is not diminished in any way, even after they have been recycled. The ability of metal fibers to be recycled is a factor that contributes to the development of a sustainable society. In this manner, it contributes to expanding the market for metal fibers.

Metal Fiber Market Restraining Factors

Fluctuations in the prices of raw materials

The price of metal is directly determined by demand and supply drivers, which are influenced by political, social, and economic conditions, the cost of alternatives, and even seasonal shifts. Copper is primarily utilized in the automotive and electrical industries and residential construction, another factor affecting copper's price. Because of this, the copper market is influenced by the state of the economy. Copper prices tend to climb whenever favorable economic conditions stimulate consumer spending on durable goods like automobiles and housing construction. On the other side, when the country's economy is in a weak state, demand for copper decreases, which in turn brings about lower prices. If copper prices reach unsustainable heights, end-use industries will focus more on alternative options like plastic, aluminum, fiber optics, and steel. This will assist in keeping costs under control during times of peak demand.

Metal Fiber Market Opportunities

The growing consumer base in emerging economies

Developing markets in nations like India, China, Brazil, Argentina, South Korea, and Indonesia are home to industries with the fastest growth rates. These industries include construction, aerospace, textile, power & electronics, and automotive. Developing markets are home to over a billion people. The sectors of the economy that are expanding at the fastest rates are the most significant consumers of metal fibers. The growth of these industries in emerging economies creates lucrative opportunities for manufacturers of metal fibers to expand their businesses. The expansion of these industries is a direct result of desirable overseas investment initiatives and government regulations that contribute to the growth of these industries.

Study Period 2021-2033 CAGR 5.4%
Historical Period 2021-2023 Forecast Period 2025-2033
Base Year 2024 Base Year Market Size USD 5.78 Billion
Forecast Year 2033 Forecast Year Market Size USD 9.27 Billion
Largest Market Asia Pacific Fastest Growing Market Europe
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Regional Insights

Asia pacific: dominant region with 4.91% market share

The Asia Pacific will command the market with the largest share while growing at the highest CAGR of 4.91% throughout the forecast period. High investments in infrastructure projects and an increase in the population contribute to developing the metal fiber market in developing countries of the region like India. There will likely be a rise in metal fiber market demand due to an increase in the amount invested in constructing new infrastructure. Additionally, the acquisition of raw materials will not be complex in China and India because these countries rank first and second in terms of metal production globally; this is one of the positive factors that will encourage participants in the industry to expand their geographical reach. 

In addition, the region has one of the cheapest workforces in the world. Moreover, India's automotive and textile sectors are forecasted to account for a significant portion of demand. Many of the world's largest multinational corporations, such as NV Bekaert SA, are expanding their product lines and the number of factories they operate in less developed nations. This factor will likely boost the market growth in the Asia Pacific market for metal fibers throughout the forecast period.

Europe: fastest growing region with the 4.15% cagr

Europe will hold a share of USD 1,805 million while growing at a CAGR of 4.15% during the forecast period. Established textile, automotive, and aerospace sectors in Germany, France, Italy, and Spain are among the factors contributing to the growth of the European market. As a result of the pandemic that broke out, many industrial activities in European countries such as the United Kingdom and France were hampered, which led to a reduction in the demand for metal fibers. Demand for metal fibers is anticipated to increase during the forecast period due to an increase in collaboration between developed countries such as France and the UK and developing countries such as India in the aerospace sector.

Demand for metal fibers from various industries, such as the automotive sector, aerospace and defense, and the textile sector, is anticipated to be the primary driver of market growth in the European region throughout the forecast period. It is expected that an increase in the amount of product used in the automotive industry will positively impact the industry's overall growth. The demand for metal fibers in the region is being driven higher by a combination of factors, including strict government regulations for increasing the fuel efficiency of vehicles by reducing the overall weight of the vehicle and the rising popularity of lightweight vehicles.

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Segmental Analysis

By type

The steel segment is expected to hold the most significant market proportion while growing at a CAGR of 4.81% throughout the forecast period. Steel fiber is utilized in various contexts, including slope stabilization, concrete flooring, mine roof support, linings, roads, runways, bridges, precast walls, concrete pipes, textiles, hydraulic fluid filter media, and other uses. It has excellent electrical conductivity, resistance to corrosion, heat conductivity, and high durability. The segment's growth is the result of an increase in commercial and residential construction and the construction of buildings in developing markets such as India and China, which are anticipated to drive market expansion. However, alternatives such as synthetic fibers are expected to inhibit the metal fiber market's development.

The other segment will hold the second-largest share. These include zinc, iron, bronze, brass, titanium, and gold metal fibers. Brake pads, linings, and other components use bronze and brass extensively. Gold fibers have a long history of use in textiles, particularly in India. The segment's revenue share can be attributed to the expansion of the textile industry in developing regions such as Asia-Pacific, Latin America, and the Caribbean. However, the saturated automotive sector in developed areas is one of the factors restraining market growth. This reduces demand for brake pads and linings and brass and bronze fibers.

By end-use industry

The automotive se++gment will most likely hold the largest share during the forecast period while growing at a CAGR of 4.5%. Metal fibers have a variety of applications, including the filtration of diesel and gasoline particulate matter, the production of brake pads and friction material for brake linings, heating cables for selective catalytic reduction, crankcase ventilation filter media, and others. The pandemic outbreak severely impacted the automotive sector of various nations due to the sales decline brought on by the implemented lockdowns. The lockdown greatly affected the revenue and cash flow of automobile manufacturers. As a result of poor performance during the lockdown period, most automotive industry participants have reduced their research and development activities and redirected the funds to their core operations or activities.

The other segment will hold the second-largest share. Other end-use sectors include industrial manufacturing, the marine industry, the petrochemical industry, and others. Industrial production provides inkjet filtration, polymer melt filtration, and heat-resistant material for manipulating hollow glass. Metal fibers are used as filtration media for marine fuel and lubricating oil. During the forecast period, the growth of the marine industry in emerging economies is anticipated to increase the use of metal fiber for marine fuel filtration.

Market Size By Type

Market Size By Type
  • Steel
  • Copper
  • Nickel
  • Aluminum
  • Others


  • List of key players in Metal Fiber Market

    1. Arcelor Mittal
    2. Addas Group
    3. Bekaert S.A
    4. Kosteel Co. Ltd.
    5. Yutian Zhitai Steel Fiber Manufacturing Co., Ltd
    6. Nippon Seisen Co., Ltd
    7. Fibrezone India
    8. Stanford Advanced Materials
    9. Sarda Industrial Enterprises
    10. Green Steel Group.
    Metal Fiber Market Share of Key Players

    • In 2022- Bekaert SA partnered with Schaeffler, JM, and TNO to work together for step-change efficiency to be used within electrolysis. 
    • In 2022- Bekaert SA installed a solar park on the factory grounds of its Spanish plant, which is a significant step in progressing the company's sustainability ambition to reach Carbon Net-Zero by 2050.

    Metal Fiber Market Segmentations

    By Type (2021-2033)

    • Steel
    • Copper
    • Nickel
    • Aluminum
    • Others

    By End-Use Industry (2021-2033)

    • Automotive
    • Textile
    • Aerospace
    • Construction
    • Power & Electronics
    • Others

    Frequently Asked Questions (FAQs)

    What is the growth rate for the Metal Fiber Market?
    Metal Fiber Market size will grow at approx. CAGR of 5.4% during the forecast period.
    Some of the top industry players in Metal Fiber Market are, 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, Green Steel Group., etc.
    Asia Pacific has been dominating the Metal Fiber Market, accounting for the largest share of the market.
    The Metal Fiber Market has seen the most substantial growth rate in Europe.
    The global Metal Fiber Market report is segmented as follows: By Type, By End-Use Industry


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