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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Competitive Outlook:
The global Metal Foam market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Metal Foam market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
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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The global Metal Foam market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Metal Foam market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Metal Foam market.
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)
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Metal Foam Market in the near future?
What is the regulatory framework governing the application of Metal Foam Market in the food industry?
Which manufacturing processes are utilized for the production of Metal Foam Market?
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