NEW YORK, Oct. 3, 2023 /PRNewswire/ -- The Metal Foam Market size is projected to increase by USD 23.63 billion, accelerating at a CAGR of 4.5% during the forecast period, according to Technavio. Increase in sales of lightweight vehicles in automotive industries is notably driving the metal foam market. However, factors such as soldering, welding, and bonding complications in metal foam may impede market growth. We provide a detailed analysis of 20 companies operating in the metal foam market incluidng Alantum Corp., Aluinvent Zrt, American Elements, CYMAT Technologies Ltd., ERG Aerospace Corp., Exxentis Ltd., Havel metal foam GmbH, Hollomet GmbH, LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO LTD, Mayser GmbH and Co. KG, Nanoshel LLC, Pohltec metalfoam GmbH, Recemat BV, and Ultramet. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Free Sample Report
Metal Foam Market 2023-2027: Company Analysis
Recemat BV: The company offers metal foam such as Recemat metal foam that has a very low density compared to solid material.
This report provides a full list of key companies, their strategies, and latest developments. Buy Now for detailed company information
Metal Foam Market 2023-2027: Segmentation
Product
- Open cell
- Closed cell
Material
- Aluminum
- Nickel
- Copper
- Others
Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The open-cell segment is expected to experience substantial growth during the forecast period. Open-cell metal foam possesses unique characteristics that render it well-suited for a wide range of industrial applications. Thanks to its porous structure and extensive surface area, open-cell metal foam has become the preferred material for heat exchangers across diverse industries, including HVAC, automotive, and industrial processes. Additionally, open-cell metal foams serve as a structured foundation for enhancing chemical reactions, leading to improved yields and efficiencies in various catalytic processes.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report
Metal Foam Market 2023-2027: Market Dynamics
- Driver - The growing sales of lightweight vehicles in the automotive industry is a key driver for the global metal foam market. Lighter vehicles are more fuel-efficient, a crucial factor for automakers facing strict fuel economy and emissions regulations worldwide. The use of lightweight materials, such as foam metal, offers a competitive advantage by improving vehicle economy and performance. As a result, the rise in lightweight vehicle adoption is expected to fuel the growth of the metal foam market
- Trend - Growing interest in energy management
- Challenge - Soldering, welding, and bonding complications in metal foam
Metal Foam Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist metal foam market growth during the next five years
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the metal foam market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of metal foam market companies
Related Reports:
Polyurethane (PU) Foam Market: The Polyurethane (PU) Foam Market size is estimated to grow at a CAGR of 7.63% between 2022 and 2027. The size of the market is forecast to increase by 6.84 million tons.
Low Foam Surfactants Market: The low foam surfactants market is estimated to grow at a CAGR of 6.21% between 2022 and 2027. The size of the market is forecast to increase by USD 5,844.49 million.
Metal Foam Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
Market growth 2023-2027 |
USD 23.63 billion |
Market structure |
Concentrated |
YoY growth 2022-2023 (%) |
4.22 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 39% |
Key countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alantum Corp., Aluinvent Zrt, American Elements, CYMAT Technologies Ltd., ERG Aerospace Corp., Exxentis Ltd., Havel metal foam GmbH, Hollomet GmbH, LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO LTD, Mayser GmbH and Co. KG, Nanoshel LLC, Pohltec metalfoam GmbH, Recemat BV, and Ultramet |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
TOC:
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Sizes
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by Material
- Market Segmentation by Geography
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, & Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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