Nickel-Coated Fiber Market

Nickel-Coated Fiber Market Outlook (2024 to 2034)

The global nickel-coated fiber market size is estimated at a valuation of US$ 17.9 million in 2024, as revealed in the recently published study by Fact.MR. Revenue from worldwide sales of nickel-coated fiber is forecasted to increase at a CAGR of 9% and reach US$ 42.3 million by the end of 2034.

Increasing worldwide demand for electronic devices along with the growing need for EMI shielding solutions are key factors contributing to the rising sales of nickel-coated fibers. In addition, the superior shielding capacity and handling properties of nickel-coated fibers are contributing to their increased demand for packaging solutions, such as flexible packaging. Reclosable pouches and stand-up pouches are popular options available in flexible packaging. There is an increase in the popularity of nickel-coated fibers in packaging due to the easy handling and attractive look.

There is a growing preference for nickel-coated fibers for coating purposes. Their resistance to corrosive environments and initial wear properties in wet and dry applications are contributing to increased demand. Moreover, the growing use of nickel-coated fibers in antennas and various other electronic components with the 5G technology rollout is opening gates for market players. The excellent electrical conductivity of nickel-coated fiber is contributing to its increased consumption.

Some challenges are encountered by the market players, such as the high prices of nickel-coated fibers, which is limiting their adoption among users with monetary constraints. In addition, volatility in the prices of raw materials such as metals, oxides, and fluorides is also resulting in the increased cost of end products, which is adversely impacting overall nickel-coated fiber market growth.

• Global demand for electroless platings is evaluated to accelerate at a CAGR of 9.9% and reach a market value of US$ 9.1 million by the end of 2034.
• North America is analyzed to capture a 25.2% share of the global market by 2034.
• The market in South Korea has been projected to climb at a CAGR of 10.8% from 2024 to 2034.

Report Attribute	Detail
Nickel-Coated Fiber Market Size (2024E)	US$ 17.9 Million
Forecasted Market Value (2034F)	US$ 42.3 Million
Global Market Growth Rate (2024 to 2034)	9% CAGR
Market Share of EMI/EDS Shieldings (2034F)	55.1%
East Asia Market Share (2034F)	27.4%
Japan Market Growth Rate (2024 to 2034)	8.1% CAGR
Key Companies Profiled	Stanford Advanced Materials; Conductive Composites; James Cropper PLC; Teijin (Toho Tenax Co. Ltd.); Nippon Graphite; Skaland Graphite AG; Hexcel Corporation; Imerya SA; Tokai Carbon Company; Mitsubishi Chemical; Mersen.

What is Responsible for Rising Sales of Nickel-Coated Fiber Solutions?

“Increasing Demand for Metal Coated Fibers”

There is increasing demand for nickel-coated fibers due to the rising preference for metal-coated fibers compared to polymer-coated fibers for EMI sensing and shielding at higher temperatures. It is comparatively difficult to use polymer-coated fibers at high temperatures as they get thermally degraded at higher degrees. Thereby, in such conditions, fibers with metal coatings are desired more. Metal coatings help in resisting high-power laser radiation and harsh environments. The suitability of nickel-coated fibers compared to polymer coatings ensures the protection of fiber surfaces, improving sensing ability, and avoiding damage.

“High Requirements for Medical Fiber Optics”

High precision and efficiency are required for various procedures, such as robotic surgery, precision biopsy, biosensing, vascular procedures and detection, and endoscopic placement in the medical industry. Increasing interest in cost-efficient invasive procedures is creating demand for nickel-coated fibers for use in medical optics, which is subsequently driving demand for metal-coated fibers. Tumor destruction, photodynamic therapy, and laser ablation of the prostate are some other treatments, which are driving demand for nickel-coated fibers

What Issues are Pulling Back Demand Growth for Nickel-Coated Fiber?

“Complicated Nature of Producing Nickel-Coated Fiber”

Production of nickel-coated fibers is time-consuming and challenging. Some specialized equipment and experience are required for its production. Thereby, smaller manufacturers sometimes find it difficult to manufacture nickel-coated fibers, which decreases their supply and increases their cost.

Which Nickel-Coated Fiber Market Trends are Turning Out to Be Rewarding for Startups?

“Popularity of Materials with Electrical Conductivity for Use in Wearables Opening New Doors for Startups”

In recent years, demand for materials offering corrosion resistance and dependable electrical conductivity has been rising with the growing popularity of wearable technology such as medical gadgets, smartwatches, and fitness trackers. Increased demand for nickel-coated fibers is attributed to their biocompatibility and electric conductivity. Startups are leveraging these opportunities created by the rising demand for wearables and increasing their production capacities.

Country-wise Insights

Fact.MR, a market research and competitive intelligence provider, through its updated report mentioned that East Asia is approximated to hold 27.4% of the nickel-coated fiber market share by the end of 2034. Increasing demand for nickel-coated fibers in the aerospace industry for use in military aviation and commercial aviation is pushing manufacturers to expand their production facilities. High strength and low density of nickel-coated fibers make them ideal for use in these industries.

Why are Nickel-Coated Fiber Producers Targeting the United States?

“Increasing Industrial Operations Driving Demand for Nickel-coated Fibers”

Attribute	United States
Market Value (2024E)	US$ 2.5 Million
Growth Rate (2024 to 2034)	9.2% CAGR
Projected Value (2034F)	US$ 5.9 Million

The United States is calculated to capture 55.6% of the North American market share by 2034. An increase in industrial operations is generating demand for nickel-coated fibers. Medical, oil & gas, and aerospace are some application areas of nickel-coated fibers in the industrial sector.

Why are There Adequate Opportunities for Market Players in China?

“Rising Demand for Nickel-Coated Fibers in Aerospace Industry”

Attribute	China
Market Value (2024E)	US$ 2.8 Million
Growth Rate (2024 to 2034)	9% CAGR
Projected Value (2034F)	US$ 6.6 Million

China is evaluated to occupy 57.3% share of the market in East Asia by 2034-end. The growing demand for nickel-coated fibers in the country is owing to the expanding aerospace industry with rising demand for military aviation and commercial aircraft. The high strength and low-density characteristics of nickel-coated fibers are leading to their growing use in aircraft. These materials decrease the overall price of aviation fuel, subsequently contributing to the expanding nickel-coated fiber market size.

What is the Market Scope for Nickel-Coated Fiber Companies in Japan?

“Large-scale Production of Electronic Devices Leading to Increased Need for Nickel-Coated Fibers”

Attribute	Japan
Market Value (2024E)	US$ 1.5 Million
Growth Rate (2024 to 2034)	8.1% CAGR
Projected Value (2034F)	US$ 3.3 Million

Japan is analyzed to possess a share of 28.8% of the East Asian market revenue by the end of 2034. Surging demand for electronic devices along with the growing need for EMI shieldings are prominent factors increasing sales of nickel-coated fibers. In addition, flourishing automotive and aerospace industries are generating demand for nickel-coated fibers for use in sensors and similar electrical components.

Category-wise Insights

Fact.MR, in its updated analysis, asserts that a significant portion of the demand for nickel-coated fibers is coming from the automotive sector. Implementation of stringent regulations and policies is compelling automotive manufacturers to choose lightweight materials in the manufacturing of vehicles and increase fuel efficiency. The use of nickel-coated fibers in automotive parts helps in reducing the weight of vehicle parts.

Why are EMI/EDS Shielding Solutions Highly Demanded?

“Growing Consumption of EMI/EDS Shieldings for Making Fiber More Resistant against Radiation and Temperature”

Attribute	EMI/EDS Shieldings
Segment Value (2024E)	US$ 9.8 Million
Growth Rate (2024 to 2034)	9.1% CAGR
Projected Value (2034F)	US$ 23.3 Million

EMI/EDS shieldings are projected to contribute 55.1% share of global market revenue by 2034-end. In recent years, there has been a noteworthy increase in the demand for shielding products. EMI/EDS shieldings help absorb electromagnetic radiation owing to the utilization of materials in the interference path. Further, the growing adoption of electric vehicles (EVs) is generating demand for shielding agents, including plastics and capacitors. These coatings are consumed for offering protection against EDS (electrostatic discharge), EMI (electrostatic discharge), and radiofrequency interference. They make fiber more resistant to outside radiation and high temperatures.

Which Type of Nickel-Coated Fiber is Becoming More Popular?

“Surging Popularity of Electroless Platings for Their Customizable Finish and Cost Efficiency”

Attribute	Electroless Platings
Segment Value (2024E)	US$ 3.5 Million
Growth Rate (2024 to 2034)	9.9% CAGR
Projected Value (2034F)	US$ 9.1 Million

Electroless platings are forecasted to account for a share of 21.5% of the global market by the end of 2034. These platings are ideal for use for irregularly shaped objects, such as complex industrial equipment. Effective corrosion resistance of electroless platings owing to coating consistency is driving their demand. In addition, the customizable finish and cost-efficiency of electroless platings compared to other options are stimulating their demand.

Competitive Landscape

Key players in the nickel-coated fiber market are employing various initiatives such collaborations and new product development. Fast-tracking the development of advanced products is key in this competitive business space.

• In 2021, Novamet unveiled a new nickel-coated fiber line for multiple electronic components such as antennas, heating elements, and sensors. These new products are believed to provide improved corrosion resistance and electrical conductivity.

Fact.MR provides detailed information about the price points of key manufacturers of nickel-coated fibers positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.

Segmentation of Nickel-Coated Fiber Market Research

• By Base Fiber :

  • Carbon Fibers
  • Aramid
  • Biomid

• By Application :

  • EMI/EDS Shieldings
  • Radio Frequency Interferences

• By Coating Method :

  • Electroplatings
  • Electroless Platings
  • Others

• By End Use :

  • Aerospace & Defense
  • Electronics & Telecommunication
  • Automotive Industry
  • Medical Industry
  • Others

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • MEA