Vulcanised Fibre Market Size, Share & Industry Analysis, By Grade (Commercial grade, Electrical grade, Trunk grade, Bone grade, Abrasive grade, Flexible grade), By Application (Electrical, Abrasive, Textile, Automotive, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103085 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Vulcanized fiber is an unique tool of engineering composed of paperboard insulating material. Due of its outstanding electrochemical thermal insulation it is mainly used as insualtion materials and provides high mechanical strength, cold resistance, excellent heat, strong arc resistance, as well as high tensile and compressive power. Moreover, it can be implemented easily and shaped in a variety of ways such as sheet, rod, coil, tube, and rolls. The high demand for vulcanized fiber is attributed to its toughness, resilience, strength, and lightweight

Vulcaninzed fiber high have high demand in electronics and electrical industry and it is the primary material used. Thus the raise in electric cars in automotive sector is expected to propel the market for valcanized fiber. However, the high price associated with the material many hinder the market.

Key Market Driver -

The high demand for electrical & electronics devices drive the market.

Key Market Restraint -

High maintenance price confines the industry growth.

Market Segmentation:

Based on product type, the market for vulcanised fibre is further segmented into commercial grade, electrical grade, trunk grade, bone grade, abrasive grade, flexible grade. Based on application, the market for vulcanised fibre is further segmented into electrical, abrasive, textile, automotive, others.From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global vulcanised fibre market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the vulcanised fibre market includes Dass & Company, Sam Associates, New Process Fibre Company, Inc., MAMTA INSULATION, Atlantic Gasket Corporation, Hokuetsu Toyo Fibre Co., Ltd., Dante Bertoni Srl, Sachsenröder, and SPE Manufacturing Co.

Key Insights

New Advancements in Production Technologies

Key Trends in the vulcanised fibre market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Market

Regional Analysis:

In terms of Geography, the vulcanised fibre market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of both consumption and output the Asia-Pacific region dominates the vulcanised fibre market. The increasing manufacture and consumption of electronic devices due to consumers' high levels of disposable income. North America holds the prominent market share in the global vulcanised fiber market. The marekt for valcansies fiber in Europe is projected to increase due to it’s high R&D investments and the more number of European textile control machines present in this region. The Middle East and Africa are expected to face consistent growth due to increasing population and rise in the automotive sector. Latin America is seeing considerably slower growth as a result of the less number of producers present in this region and demand growth due to the impact of strict restrictions by the policymakers.

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Segmentation

ATTRIBUTE	DETAILS
By Grade	Commercial grade Electrical grade Trunk grade Bone grade Abrasive grade Flexible grade
By Application	Electrical Abrasive Textile Automotive Others
By Geography	North America (USA, Canada) Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe) Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific) Latin America (Brazil, Mexico, Rest of Latin America) Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Vulcanised Fibre Industry Developments

On 29^th October, 2018, JSW Steel, one of India's largest steel manufacturing companies, has announced its intention to introduce value-added goods linked to booming industries and segments, such as cars and home appliances. This was done to build sales and revenue through expansion of customer base.

On 5^th September, 2018, India-based Jindal Stainless Ltd (JSL) announced that they are focusing on the automotive industry's growing demand for steel. It has developed and tested stainless steel fuel lines for passenger cars, providing 60 percent of domestic demand produced. The intension behind the plan was to build awareness and credibility for the new product and the company.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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