The global metal foam market size reached USD 93.3 Million in 2021 and is expected to register a revenue CAGR of 4.3% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for metal foams in heat exchangers and anti-intrusion bars due to superior quality compared to polymer foams is driving market revenue growth.
Metal foams are increasingly being used in vehicles, and rising demand for cars and Electric Vehicles (EVs) is expected to drive market revenue growth during the forecast period. Metal foams enable manufacturing of more lightweight vehicles. Besides, various characteristics such as shock-absorption ability, thermal management, and electrical efficiency are expected to drive demand for metal foams during the forecast period.
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However, concerns regarding high cost of metal foams are hampering market revenue growth. Gas-filled pores in metal foams reduce weight, but during manufacturing process, maintaining form and size of pores is a difficult task. This is expected to hamper market growth to some extent during the forecast period.
The report covers the analysis of the factors anticipated to drive the Global Metal Foam Market growth over the forecast period of 2022-2030. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2021 as the base year and 2019-2020 as the historical years. It puts examines the drivers and restraints of the Metal Foam Market and analyzes their impact on the industry throughout the forecast period.
Some of the key participants in this industry include:
ERG Aerospace, CYMAT Technologies Ltd., Mott, Ultramet, Alantum, Havel Metal Foam GmbH, Mayser GmbH & Co KG, Pohltec Metalfoam GmbH, Liaoning Rontec Advanced Material Technology Co., and American Elements.
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Emergen Research has segmented the global metal foam market on the basis of material, product, application, end-use, and region:
Material Outlook (Revenue, USD Million; 2019–2030)
Aluminum
Copper
Titanium
Zinc
Nickel
Product Environment Outlook (Revenue, USD Million; 2019–2030)
Open Cell
Closed Cell
Application Outlook (Revenue, USD Million; 2019–2030)
Heat Exchangers
Anti-intrusion Bars
Energy Absorbers
Others
End-use Outlook (Revenue, USD Million; 2019–2030)
Automotive
Aerospace
Bio-medical
Industrial
Others
Key regions covered in the report:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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