Conductive fibers recorded a volume sale of approximately 42 thousand tons, equating to a value of US$ 1.2 billion in 2022. As per the insights culled by the latest report of Future Market Insights (FMI), the global conductive fibers market is likely to spectate high growth throughout the forecast period, driven by a plethora of factors.

The growth in sales can be attributed to the increasing use of conductive fibers in electromagnetic shielding, in light of growing electromagnetic pollution with the near-ubiquitous use of smartphones, smartwatches, and similar electronic devices.

“Adoption of conductive fibers continues to face technical and commercial challenges w.r.t the sensor size on the technical front and limited awareness on the commercial front. Manufacturers prioritizing their investments in industry-specific development of conductive fiber are likely to add new application dimensions and revenue channels to the market, finds FMI’s report”.

Copper over Silver – The Base Material Shift to Look Out for

Future Market Insights study identifies that the conductive fibers market is anticipated to grow at a CAGR of approximately 11% through 2031. Manufacturers are shifting away from cotton and wool towards nylon and polyester materials, owing to the growing consumers’ proclivity for synthetic fibers.

The study finds that as the conductive fibers market operates within the inner circle of environmental norms, graphene has been emerging as a cost-effective, compatible, and environmental-benign coating for the development of e-textiles.

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Conductive Fibers Market by Category

By Reinforced Material:

• Copper
• Carbon
• Nickel
• Lead
• Silver
• Others

By Application:

• Non-Woven
• Woven
• Knitted

By Base Material:

• Cotton
• Nylon
• Polyester
• Wool
• Polyamide
• Others

By End Use

• Military Defense
• Aerospace Aviation
• Sports Fitness
• Consumer Electronics
• Protection Safety
• Fashion Entertainment
• Transportation
• Architecture
• Industrial Belts

Conductive Fibers Market – Vendor Insights

Some of the leading players in the conductive fibers market encompass Toray Industries, Kuraray Co. Ltd., NV Bekaert SA, Seiren Co. Ltd., William Barnet Son LLC, Ascend Performance Materials LLC, Perlon Group, Ronda Industrial Belts Technology Ltd., Swicofil, and Syscom Advanced Materials.

These players are focusing on expanding their business by marking their presence in overseas territories. In addition, manufacturers are seen working towards the expansion of their product portfolios by introducing feature-rich conductive fibers. As the study finds, the global conductive fibers market operates under a degree of fragmentation with a large number of players striving to acquire a high market share.