The Global Metal Foam Market research report is a detailed document outlining the recent advancements and developments in the Metal Foam business sphere considering 2019 as the base year and 2021-2030 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
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.
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.
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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Metal Foam market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Metal Foam market landscape.
One of the report’s central components is the broad Metal Foam market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Metal Foam market players.
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.
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Some major companies in the global market report 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.
Some Key Highlights from the Report
- Aluminum segment accounted for significantly robust revenue share in 2021 due to increasing demand from automotive and transportation industries. Additionally, recyclability and lightweight features are driving adoption of aluminum foam.
- Anti-intrusion bars segment revenue is expected to register a steady growth rate during the forecast period. Anti-intrusion bars are widely used in automotive industries due to ability to absorb kinetic energy of colliding bodies. Metal foams have capability to absorb energy and are lightweight, and these factors are expected to increase application in anti-intrusion bars.
- Open cell segment revenue is expected to register a steady growth rate during the forecast period. Various characteristics such as heat and fluid absorption, increased mechanical strength, sound absorption, and variability make open-cell metal foams ideal for applications across various industries.
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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)
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
End-use Outlook (Revenue, USD Million; 2019–2030)
Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- South Africa
- Rest of MEA
Radical Highlights of the Metal Foam Market Report:
- Comprehensive overview of the Metal Foam market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Metal Foam market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
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