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Metal Coated Fibers Market Global Analysis, Industry Size, Current Status by Major Key vendors
Posted: May 09, 2022
TO INFLUENCE THE MARKET GLOBALLY
Metal coated fibers are coated with metal on the surface. Metal coated fiber shows strong abilities to satisfy requirements in many specific applications, such as aerospace, chemical industry, deep-well oil-field industry, etc.
Over the past decade, the use of optical fiber sensors by the oil & gas, nuclear, and chemical processing industries has grown dramatically. Hence, the demand for optical fibers capable of delivering their performance reliably in these challenging environments is also increasing. Typical telecommunications fiber starts degrading optically when used outside a specific temperature range and in certain environments with hydrogen, chemicals, or radiation. This creates a demand for metal coated fibers to address a greater temperature range and handle certain chemical environments.
Few applications require the use of optical fiber specially coated with metal. For example, the oil & gas industry uses downhole optical fiber in wells where temperatures can reach over 300°Celsius. Against such high temperatures, polymer-coated fibers do not keep their original mechanical properties. Therefore, metal coated fiber is used for high-temperature environments instead of polymer-coated fibers. Moreover, there are various applications where optical fiber may get exposed to ionizing radiation. Compared with polymer coatings, metal coated optical fibers are sustainable in harsh environments. Hence, the growing demand from harsh environment-related applications is driving the metal coated fibers market.
Some of the key players operating in the global metal coated fibers market include AFL; AMS Technologies; Arts photonics Gmbh; Heracle Gmbh; IVG fiber limited; Molex LLC; Forc Photonics; Thorlabs, Inc.; OZ Optics; Technical Fiber Products; among others.
Know More- https://www.theinsightpartners.com/reports/metal-coated-fibers-market
The coating plays an important role in protecting the fiber from various damages such as pressure and chemical effect. Metal coated fiber shows strong abilities to satisfy requirements in industries such as aerospace, chemical industry, and deep-well oil-field. In North America, the emerging countries are witnessing a surge in industrialization, offering ample opportunities for the key market players in the metal coated fibers market. The massive market growth in North America can be attributed to the increasing investments in technology and the fast-growing end-user industries such as oil & gas, aerospace & defense, and medical. This enabled the region to hold the largest portion of the global metal coated fibers market share.
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The acetonitrile market was valued at US$ 236.18 million in 2018 and is expected to grow at a Cagr of 5.1% from 2019 to 2027 to reach US$ 368.60 million by 2027.
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