About Ceramic Foam
Ceramic foam is a type of highly porous materials that are used for wide range of technological applications, such as absorbents and membrane for wastewater treatment process. It consists of cellular structures composed of a three-dimensional network of struts. Further, ceramic foam comes with closed, fully open, or partially interconnected porosity. It is made up of a broad range of ceramic materials, specifically both oxide and non-oxide, which includes metallic oxides, silicates, carbides, and aluminosilicates, that are being considered for the wide area of potential applications
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Ceramic Foam market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ultramet (United States), Vesuvius Plc (United Kingdom), SELEE Corporation (United States), ERG Aerospace (United States), Saint-Gobain High-Performance Refractories (United States), Pyrotek (United States), Induceramic (Canada), LANIK S.R.O. (Czech Republic), Drache GmbH (Germany) and Boading Ningxin Cast Material Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Ferro-Term Sp. Z O.O. (Poland), FCRI Group (China), Vertix Co. (United Arab Emirates) and Dynocast (United States).
Segmentation Overview
AMA Research has segmented the market of Global Ceramic Foam market by Type (Silicon Carbide, Aluminum Oxide, Zirconium Oxide and Others), Application (Molten Metal Filtration, Furnace Lining, Thermal & Acoustic Insulation, Automotive Exhaust Filters, Catalyst Support and Others) and Region.
On the basis of Type, Silicon Carbide are dominating the market in the year 2023 where as Aluminum Oxide stood as second largest market share.
On the basis of application, Molten Metal Filtration segment is dominating the market in the year 2023 where as Furnace Lining segment stood as second largest market .On the basis of geography, the market of Ceramic Foam has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Techniques, the sub-segment i.e. Polymeric sponge method will boost the Ceramic Foam market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user, the sub-segment i.e. Foundry will boost the Ceramic Foam market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancements in the production of ceramic foams
Market Growth Drivers:
Rising use of ceramic foams in metal casting and Strict pollution control regulations
Challenges:
Rising threat of substitutes
Restraints:
Capital-intensive production techniques
Opportunities:
Increasing preference for energy-efficient substitutes for high-temperature applications
Market Leaders and their expansionary development strategies
In Jun 2023, Carpenter acquires Recticel NV’s Engineered Foams Division. The acquisition allows Carpenter to expand its geographic footprint, explore new product lines and add new capabilities to the industry leader.
In September 2023, SEFU alumina ceramic foam filter is a high porosity material with a unique three-dimensional structure that enables it to efficiently filter out impurities from molten aluminium, thereby improving the quality of the final product. With its excellent properties, including high-temperature resistance of up to 1100 degrees Celsius, the alumina ceramic foam filter has been widely adopted in the aluminium industry.
Key Target Audience
Manufacturers of ceramic foam, Suppliers of ceramic foam materials, Wholesalers, distributers and retailers of ceramic foam, Automotive industry, Governmental bodies, Regional manufacturers’ associations and Raw material manufacturers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.