Los Angeles, December 17, 2019 – QY Research has added a new report in its Chemical & Material archive titled, “Global Woven Wire Mesh Market Insights, Forecast to 2025,” for the forecasted period of 6-years. The global Woven Wire Mesh market is predicted to attain the value of US$ 3 Bn by 2025 from little more than US$ 2.4 Bn in 2018. The market is anticipated to exhibit a sluggish CAGR of 3.5% from 2019 to 2025.
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Filtration & Separation – Boosting Factors for the Growth of the Woven Wire Mesh Market
Usage of Woven Wire Mesh for filtration or separation in pavements, buildings, and construction is likely to boost the growth of the market. Increasing usage of steel and aluminum wires in the industrial sector, agriculture, and food industry for welding, kitchenware, and power transmission are expected to foster the growth of the market. However, carbon steel wire mesh is vulnerable to rust, which is likely to impede the growth of the market.
Increasing Usage in Industrial and Commercial Sector To Fuel the Type Segment Growth
The type segment is divided into Galvanized Steel, Carbon Steel, Aluminium, Stainless Steel, and Others. Galvanized steel is coated with protective zinc to keep it from rusting, which has amplified its usage in various applications such as windows, fences, infill panels, buildings, high-security applications, construction sites, gardens, agriculture, and general industrial use. This is likely to fuel the growth of the type segment. The application segment is bifurcated into Agriculture, Architectural & Artistic, Industrial, and Others.
House-hold and Industrial Sector to Expand the Growth of the Asia-Pacific Market
The rapid development of infrastructure in the Asia-Pacific region along with an increasing requirement to upgrade and seal drainage and water systems has led to a high demand for Woven Wire Mesh. Increasing concern regarding plumbing, water supply, drainage system, which has extensive usage of corrosion-resistant Woven Wire Mesh is anticipated to witness the growth. High demand for stainless steel wire mesh in the household, food industry, and oil and gas industry is leading to the growth of the market.
Providing Versatility and Adaptability: A Primary Goal of the Key Players
Some of the key players operating in the market are IWM international, Wirecrafters, Boedon Industrial Limited, Aqseptence Group, Costacurta S.p.A., GKD, Boegger Industrial, BOPP, McNICHOLS, Fars Wirmesh, Anping Runtech Metal Mesh, Fratelli Mariani, Metal Mesh, Banker Wire, YKM Group, TWP Inc, Locker Weaver Limited, and Hebei Anjia Wire Net Weaving. Leading companies are involved in research and development to provide innovative products offering various designs with greater versatility and adaptability.
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