Market Snapshot:
A metal foam is a cellular structure consisting of a solid metal (frequently aluminum) with gas-filled pores comprising an outsized portion of the degree. The pores are often sealed (closed-cell foam) or interconnected (open-cell foam).
Highlights from Metals Foam Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.7% |
The key Vendors profiled in the report are ERG Aerospace Corporation (United States), CYMAT Technologies Ltd. (Canada), Alantum (South Korea), Mott Corporation (United States), Liaoning Rontec Advanced Material Technology Co., Ltd. (China), Shanxi Putai Aluminum Foam Manufacturing Co., Ltd. (China), Mayser GmbH & Co. KG (Germany), Ultramet (United States), Aluminum King Co., Ltd (China) and Pohltec Metalfoam GmbH (Germany). Additionally, other players that are part of this comprehensive study are Admatis Corp. (United States).
Geographic Breakdown and Segment Analysis
The Global Metals Foam market presents a comprehensive analysis of the Metals Foam market by product type (Closed Cell Metal Foam, Open Cell Metal Foam and Stochastic Metal Foam), by end-user/application (Anti-intrusion Bars, Heat Exchangers, Sound Insulation and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Metals Foam industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Metals Foam market
Analyst at AMA have segmented the market study of Global Metals Foam market by Type, Application and Region.
Influencing Trend:
Enhancement and Experimentation with Metal and Alloy for Different Properties for Aerospace and Automotive Sector
Market Growth Drivers:
Rise in Demand of Water Resistance and High-Temperature Resistance Product and Rise in Demand of Sound Damping, Weight Reduction in Automobile Sector
Challenges:
Soldering, Welding and Bonding Complications with Metal Foam and Energy-Intensive and Complex Manufacturing Procedure
Restraints:
Fluctuating Cost of Raw material
Opportunities:
Escalating Use of Metal Foams in Aerospace Industry
Market Developments Activities:
In November 2019, ERG Aerospace is developing research and development facility at the Tahoe Reno Industrial center in Nevada.
In 2020, Cymat Technologies Ltd. Launched its new alloy foam with new raw material. The allot foam panels of new raw material are specifically designed to withstand the rigors of commercial-scale brazing.
The global market for Metal foam is fragmented by the global players owing to need in automotive and other sectors for electrical proficiency, thermal management, and shock-absorption properties in order to make sustainable products. The emerging players should work upon the R&D and material development with alloy foams to make the enhancements and grab the Market share by catering to growing sectors.
Key Target Audience
Metal Foam Manufacturer, Raw Material Manufacturer, Research Institutes, End User Industry and Others