Global Vulcanized Fiber Market Information by Type (Commercial, Electrical, Trunk, Bone, Abrasive, Flexible), Application (Electrical, Abrasive, Textile, Automotive), and Region (North America, Europe, Asia-Pacific, Latin America)-Forecast till 2023
Vulcanized fiber is an adaptable designing material comprising of cellulose paperboard protection. It is essentially utilized because of its magnificent electrical protecting properties and offers high mechanical quality, fantastic protection from the warmth and cool, great circular segment opposition, just as high malleable and compressive quality. The intense interest for electrical and hardware gadgets, for example, home machines, cell phones, PCs, and gaming gadgets is anticipated to fuel the interest for vulcanized fiber in the electrical and gadgets applications. The intense interest for vulcanized fiber is credited to its durability, flexibility, quality, and lightweight. The rising creation and closeout of gadgets inferable from the high extra cash of the customers and changing way of life pattern is a central point expected to impel the interest for vulcanized fiber during the forecast time frame. The global vulcanized fiber market is anticipated to register a growth rate of CAGR 4.62% to reach the valuation of USD 1795.9 million by the year 2023.
The Global Vulcanized Fiber Market is segmented on the basis of its type, application, and regional demand. Based on its type, the market is bifurcated into Electrical grade, Commercial grade, Bone grade, Flexible grade, Trunk grade, Abrasive grade, Others. On the basis of its application, the market is Abrasive, Electrical, Automotive, Textile, Others.
Geographically, the Global Vulcanized Fiber Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Sachsenroder (Germany), Hokuetsu Toyo Fibre Co., Ltd. (Japan), Thrust Industries (US), Oliner Fibre Co., Inc (US), and Dante Bertoni Srl (Italy), Emco Industrial Plastics (US), Dynos GmbH (Germany), Iten Industries, Inc (US), ESPE Manufacturing Co., Inc (US), Franklin Fibre Lamitex Corporation (US), among others are some of the major players in the Global Vulcanized Fiber Market.
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Ankur Gupta, Head Marketing & Communications