Metal Foam Market - Key Players Profile, Industry Analysis and Forecast 2023

Posted by Avinash on February 23rd, 2021

Competitive Analysis:

Some of the key players operating in the Global Metal Foam Market are Havel metal foam (Germany), Alantum Corporation (South Korea), Admatis Ltd. (Hungary), Shanxi Putai Aluminum Foam Manufacturing Co., Ltd. (China), Hunan Ted New Material Co., Ltd. (China), Shanghai Zhonghui Foam Aluminum Co. Ltd. (China), American Elements (US), ERG Aerospace Corp. (US), Cymat Technologies Ltd. (Canada), Aluinvent Zrt. (Hungary), and Mayser GmbH & Co. KG (Germany).

Market Overview:

Metal foams are lightweight materials with structured cellular composition and are manufactured by bubbling air in molten metal’s, such as aluminum and magnesium. They are non-toxic in nature and can be easily recycled. The product offers high stiffness, excellent thermal properties, high compression strength, and superior performance to respective metals.~

Market Segmentation:

Global Metal Foam Market has been classified based on Material, Product, Application, End-Use Industry and Region.

By Material, Global Metal Foam Market is segmented into aluminum, nickel, copper, magnesium, zinc, steel, and others. The aluminum segment dominated the Global Metal Foam Market and is expected to grow at a robust CAGR owing to its superior thermal and electrical conductivity, easy availability and recyclability, low cost, and corrosion resistance. It finds widespread application in automotive and transportation industries.

Based on Product, Global Metal Foam Market has been categorized into closed cell metal foam, open cell metal foam, composites, stochastic and regular foams, and others. Under these segments, the closed cell metal foams segment accounted for the largest Market share in 2017 owing to the superior impact-absorption, easily recyclable, and high resistance to fire of closed cell metal foams. They are used in load-bearing structures in construction industries. The open cell metal foams segment is expected to register a high CAGR during the forecast period due to its superior sound and vibration absorption characteristics.

On the Basis of Application, Global Metal Foam Market has been divided into heat exchangers, sound absorbers, anti-intrusion bars, energy absorbers, side impact bars, and others. The energy absorbers segment held the largest Market share in 2017 and is projected grow at the highest CAGR owing to excellent heat, sound, and impact absorption properties. Additionally, it has widespread applications in crash absorption and blast mitigation in the automotive industry.

Browse Key Industry Insights spread across 140 pages with 59 market data tables &  14 figures & charts from the report, “Metal Foam Market Information: By Material (Aluminum, Copper, Nickel, Zinc), Product (Closed Cell Metal Foam), Application (Heat Exchangers, Energy Absorbers), End-use Industry (Automotive, Bio-Medical, Marine) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contentshttps://www.marketresearchfuture.com/reports/metal-foam-market-7051 

By End-Use Industry, Global Metal Foam Market has been segmented into automotive, construction and infrastructure, aerospace and defense, marine, bio-medical, railway, consumer goods, and others. The automotive industry segment accounted for the largest share in 2017 and is expected to grow at a significant CAGR during the assessment period owing to the widespread applications in manufacturing lightweight components, such as anti-intrusion bars and bumpers. The aerospace and defense industry held substantial Market share owing to lightweight aluminum foam components, which exhibit design flexibility and increased efficiency.

Regional Analysis:

Global Metal Foam Market is studied for five major regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The Asia-Pacific Market accounted for the largest share in 2017 owing to the increasing demand for product in passenger cars, the growing automotive industry, and rapid infrastructure development. In 2017, China was the leading country in the region owing to rising urbanization and surging demand for the product in passenger vehicles and energy absorbers. Japan, South Korea, India, and Australia & New Zealand are other prominent countries contributing to the regional Market growth. The North American Market is expected to be the fastest growing in the following years owing to the increasing government investments, rising focus on research and development facilities, and growing customer preference for electric powered vehicles. The US is the leading country in the region due to the key manufacturing company in the region such as American Elements and ERG Aerospace Corp.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com


Avinash

About the Author

Avinash
Joined: November 22nd, 2017
Articles Posted: 1,240

The ONLY Vital Credit Card
Earn 5% Cash Back on all of your purchases plus additional cashback for sharing the offer with your friends and family! This is the ONLY credit card you need! Competitive APR's, No annual fee, Elegant Metal Card Design!
BitKong: Fairest and most thrilling Bitcoin casino on the market
Win serious funds fast when you stack the BitKong bonus combo, cash in on the referral program, or hit the massive jackpot then walk away with your life changed.
Claim 1 FREE Stock! No Purchase Necessary!
You have a 100% chance of receiving one free stock! Click to claim and have a chance to get one share of Facebook, Visa, Microsoft and others for free!
FREE App - Earn up to 25˘/gal cash back on gas!
Download this FREE app and earn cash-back when you buy gas, groceries and food! 100% FREE to join and FREE to earn cash back on your everyday purchases!
Quality Office Furniture USA Shipped Direct - Madison Liquidators
Nationwide vendor of quality office furnishings including Desks, Office Chairs, Conference Tables, Cubicles and more!
Earn HNT Tokens with a Helium Hotspot!
Pre-Order a Helium hotspot and earn HNT tokens that are redeemable for USD. Set it and forget it!