[Start of Market Research Report Handling] Metal Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunities, Forecast 2023-2028

■Overview
The global metal fiber market reached USD 4.9 billion in 2022. The IMARC Group forecasts that the market will reach USD 6.2 billion by 2028, with a growth rate (CAGR) of 4.0% from 2022 to 2028.
Currently, there is an increasing demand for lightweight vehicles worldwide. This is one of the key factors driving market growth, alongside the stringent regulations imposed by government agencies in various countries to improve fuel efficiency in automobiles. Furthermore, metal fibers assist in the filtration of diesel and gasoline particulates, achieving optimal filter performance and durability. Metal fibers are pleated and welded to fit a compact design that minimizes the installation area of filter systems, providing various functions such as high permeability and low filter ratings. They are also increasingly being used in the global marine industry to remove contaminants from fuels and lubricants, reduce wear on engine components, and minimize fuel consumption and pollutant emissions from engines.
■Key Questions Addressed in This Report
- What are the key regions in the market?
- Who are the major players/companies in the market?
■Published by
IMARC

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