Metal Foam Market - By Product (Open-cell, Closed-cell), By Material (Aluminum, Copper, Zinc, Titanium), By End-use Sector (Automotive, Aerospace, Building & Construction, Healthcare, Energy), By Region & Global Forecast, 2023 – 2032

Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Construction | Format: Report available in PDF / Excel Format

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Metal Foam Market - By Product (Open-cell, Closed-cell), By Material (Aluminum, Copper, Zinc, Titanium), By End-use Sector (Automotive, Aerospace, Building & Construction, Healthcare, Energy), By Region & Global Forecast, 2023 – 2032

Metal Foam Market Size

Metal Foam Market size valued at USD 75 million in 2022 and is projected to observe over 4.5% CAGR between 2023 to 2032. Higher product use in the aerospace and automotive sector is expected to drive industry trends.

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Get ready to see more cars featuring a lightweight helpermetal foams! These foams are making waves in the automotive industry because they're super lightweight, which means they help cars sip less gas. And it's not just about saving fuel. Metal foams make cars safer too, with their ability to absorb shocks and protect both the vehicle and its passengers. But wait, there's more! Metal foams are strong, stiff, and can handle anything from heat to corrosion. And they can even keep electromagnetic waves at bay. So, with all these amazing qualities, it's no wonder people are increasingly choosing lightweight vehicles made with metal foams. But it's not all sunshine and rainbows. The future of metal foams in the automotive sector depends on how easy and eco-friendly it is to make them, and how well they hold up to fire. But if these challenges can be overcome, metal foams are poised to play a major role in the future of transportation, building safer and more fuel-efficient cars.

Metal Foam Market Report Attributes
Report Attribute Details
Base Year 2022
Metal Foam Market Size in 2022 75 Million (USD)
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 4.7%
2032 Value Projection 120 Million (USD)
Historical Data for 2018 to 2022
No. of Pages 350
Tables, Charts & Figures 920
Segments covered Application, Material, End-Use Sector, and Region
Growth Drivers
  • Increasing sales of lightweight vehicles in automotive industry
  • Strong government initiatives in building and construction industry
  • Escalating use of metal foams in aerospace industry
Pitfalls & Challenges
  • Soldering, welding, and bonding complications with metal foam
  • Energy-intensive and complex manufacturing procedure

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Challenges Hinder Metal Foam Market Growth Working with metal foams can be tricky. Their bumpy surface makes it tough to stick them together or weld them to other metals without issues. Plus, they can crack easily when you put too much force on them, unlike regular metals that just get dented. This makes them a no-go for things like screws or bolts. Demand Still Soaring Despite these challenges, the metal foam market is growing like crazy. That's because they have some really useful properties, like being waterproof and heatproof. They're also good at conducting electricity, handling heat, and absorbing shocks. Aluminum foams on the Rise Aluminum foams are particularly popular in industries like car making and shipping because they're strong, lightweight, and can take a beating.

Metal Foam Market Analysis

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Metal foam market value from the open cell segment is set to surpass USD 56 million by 2032. Open-cell metal foams exhibit high mechanical strength, sound absorption, variability, and heat & fluid adsorption characteristics. These features make use of these materials seamless in heat insulation, catalytic converter substrates, and vibration & sound absorption applications across various industries. Open-cell metal foams are also widely used for catalysis and filtration in heat exchangers.

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Metal foam market revenue from the copper foam material segment is slated to reach USD 13 million by 2032. Copper foam is known for its high energy resistance, strength, anti-corrosion qualities, and good conductivity. Due to its electromagnetic shielding and noise absorption, there is a wide range of applications for this material. It is largely used as a buffering material in pressure-reducing device that utilizes pressure gauges. It is also helpful in vibration absorption, thermal insulation, and other functional materials. These features are expected to accelerate copper foam material demand.

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Metal foam market from the aerospace sector is forecasted to exhibit 4% growth rate between 2023 to 2032. Characteristics of metal foam like lightweight, heat resistance, and cost-effectiveness are fuelling material demand in the aerospace sector. As per a study by the North Carolina State University (NC State), composite metal foam (CMF) aircraft wing leading-edge materials can repel insects and water much better than aluminum. Infused CMF is nearly the same weight as conventional aluminum but has other appealing characteristics that make it efficient for use in aircraft.

Asia-Pacific metal foam market is anticipated to record more than 5% CAGR from 2023 to 2032. This growth can be attributed to rising automotive production and sales in the region. Factors like expanding urbanization, changing consumer habits, and a growing population in emerging economies will influence automotive sales. According to reports, in July 2022, Maruti Suzuki was stated as one of the biggest car sellers in India with nearly 98,318 units sold. Growing demand for fuel-efficient vehicles in the region should accelerate the use of metal foams in the automotive sector of APAC

Impact of the COVID-19 pandemic

The COVID-19 pandemic impacted the metal foam industry negatively as trade cycle and supply chain disruptions hampered the raw material availability during the first few months of the outbreak. Manufacturing delays and material shortages were some of the major factors that affected the industry. However, as the restrictions have eased, the sales of automobiles are increasing demand for metal foams materials.

Metal Foam Market Share

Some of the leading players in the global metal foam industry include

  • Nanoshel
  • AlCarbon
  • Raede International Corp
  • Cymat
  • Spectra-Mat Inc
  • Bauer Cases
  • Cnem Corporation
  • Aluntam Corp
  • Shanxi Putai Aluminum Foam Manufacturing Co Ltd
  • American Elements
  • Ultramet
  • Erg Aerospace Corporation.

These firms are expanding their product portfolio by means of setting up new research and production facilities.

This metal foam market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in Thousand Square Meters and revenue in USD Thousand from 2018 to 2032 for the following segments

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By Product

  • Open Cell
  • Closed Cell

By Material

  • Aluminum
  • Copper
  • Zinc
  • Titanium

By End-use Sector

  • Automotive
  • Aerospace
  • Building & Construction
  • Healthcare
  • Energy
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

 

 

Table of Content

Report Content

Chapter 1   Methodology and Scope

1.1    Methodology

1.2    Market definition

1.3    Market estimation & forecast parameters

1.3.1    Covid-19 impact on industry forecast

1.4    Data sources

1.4.1    Secondary

1.4.1.1   Paid sources

1.4.1.2   Public sources36

1.4.2    Primary

Chapter 2   Executive Summary

2.1    Metal foam market 360° synopsis, 2018 - 2032

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Material by end-use sector trends

2.1.4    End-use sector trends

2.1.5    Regional trends

Chapter 3   Metal Foam Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2018 - 2032

3.2.1    Impact of Covid-19 outbreak

3.3    Industry ecosystem analysis

3.3.1    Value addition

3.3.2    Distribution channel analysis

3.3.3    Value chain disruption analysis (Covid-19 impact)

3.3.4    Vendor matrix

3.3.4.1   List of key manufacturers/suppliers

3.3.4.2   List of key/potential customers

3.4    Innovation & sustainability

3.4.1    Patent analysis

3.4.2    Production process

3.4.3    Future trends

3.5    Life cycle analysis

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1   Increasing sales of lightweight vehicles in automotive industry

3.6.1.2   Strong government initiatives in building and construction industry

3.6.1.3   Escalating use of metal foams in aerospace industry

3.6.2    Industry pitfalls and challenges

3.6.2.1   Soldering, welding, and bonding complications with metal foam

3.6.2.2   Energy-intensive and complex manufacturing procedure

3.7    Regulatory landscape

3.7.1    U.S.

3.7.2    Europe

3.7.3    Asia Pacific

3.8    Growth potential analysis

3.9    Industry megatrends

3.10    Competitive landscape

3.10.1    Market share analysis, 2022

3.10.2    Strategic dashboard

3.11    Porter's analysis

3.11.1    Supplier power

3.11.2    Buyer power

3.11.3    Threat of new entrants

3.11.4    Threat of substitute

3.11.5    Industry rivalry

3.12    Price trends

3.12.1    Regional price trends

3.12.2    Material price trends

3.12.3    Cost structure analysis

3.12.3.1    R&D cost

3.12.3.2    Manufacturing & equipment cost

3.12.3.3    Raw material cost

3.12.3.4    Distribution cost

3.12.3.5    Operating cost

3.12.3.6    Miscellaneous cost

3.13    PESTEL analysis

3.14    Covid-19 impact on Metal foam market, by application

3.14.1    Automotive

3.14.2    Aerospace

3.14.3    Building & construction

3.14.4    Healthcare

3.14.5    Energy

3.14.6    Others

Chapter 4   Metal Foam Market, By Product

4.1    Metal foam market share, by product, 2022 & 2032

4.2    Open-cell

4.2.1    Market estimates and forecast, 2018 – 2032

4.2.2    Market estimates and forecast, by region, 2018 - 2032

4.3    Closed-cell

4.3.1    Market estimates and forecast, 2018 – 2032

4.3.2    Market estimates and forecast, by region, 2018 - 2032

Chapter 5   Metal Foam Market, Material By End-use Sector

5.1    Metal foam market share, by material by end-use sector, 2022 & 2032

5.2    Aluminum

5.2.1    Market estimates and forecast, by end-use sector, 2018 – 2032

  •    Automotive
  •    Aerospace
  •    Building & construction
  •    Healthcare
  •    Energy
  •    Others

5.2.2    Market estimates and forecast, by region, 2018 – 2032

5.3    Copper

5.3.1    Market estimates and forecast, by end-use sector, 2018 – 2032

  •    Automotive
  •    Aerospace
  •    Building & construction
  •    Healthcare
  •    Energy
  •    Others

5.3.2    Market estimates and forecast, by region, 2018 - 2032

5.4    Zinc

5.4.1    Market estimates and forecast, by end-use sector, 2018 – 2032

  •    Automotive
  •    Aerospace
  •    Building & construction
  •    Healthcare
  •    Energy
  •    Others

5.4.2    Market estimates and forecast, by region, 2018 - 2032

5.5    Titanium

5.5.1    Market estimates and forecast, by end-use sector, 2018 – 2032

  •    Automotive
  •    Aerospace
  •    Building & construction
  •    Healthcare
  •    Energy
  •    Others

5.5.2    Market estimates and forecast, by region, 2018 - 2032

5.6    Others

5.6.1    Market estimates and forecast, by end-use sector, 2018 – 2032

  •    Automotive
  •    Aerospace
  •    Building & construction
  •    Healthcare
  •    Energy
  •    Others

5.6.2    Market estimates and forecast, by region, 2018 - 2032

Chapter 6   Metal Foam Market, By End-use Sector

6.1    Metal foam market share, by end-use sector, 2022 & 2032

6.2    Automotive

6.2.1    Market estimates and forecast, 2018 - 2032

6.2.2    Market estimates and forecast, by region, 2018 - 2032

6.3    Aerospace

6.3.1    Market estimates and forecast, 2018 - 2032

6.3.2    Market estimates and forecast, by region, 2018 - 2032

6.4    Building & construction

6.4.1    Market estimates and forecast, 2018 - 2032

6.4.2    Market estimates and forecast, by region, 2018 - 2032

6.5    Healthcare

6.5.1    Market estimates and forecast, 2018 - 2032

6.5.2    Market estimates and forecast, by region, 2018 - 2032

6.6    Energy

6.6.1    Market estimates and forecast, 2018 - 2032

6.6.2    Market estimates and forecast, by region, 2018 - 2032

6.7    Others (railway, marine, etc.)

6.7.1    Market estimates and forecast, 2018 - 2032

6.7.2    Market estimates and forecast, by region, 2018 - 2032

Chapter 7   Metal Foam Market, By Region

7.1    Metal foam market share, by region, 2022 & 2032

7.2    North America

7.2.1    Market estimates and forecast, 2018 - 2032

7.2.2    Market estimates and forecast, product, 2018 – 2032

7.2.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.2.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.2.5    U.S.

7.2.5.1   Market estimates and forecast, 2018 - 2032

7.2.5.2   Market estimates and forecast, by product, 2018 - 2032

7.2.5.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.2.5.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.2.6    Canada

7.2.6.1   Market estimates and forecast, 2018 - 2032

7.2.6.2   Market estimates and forecast, by product, 2018 - 2032

7.2.6.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.2.6.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.3    Europe

7.3.1    Market estimates and forecast, 2018 - 2032

7.3.2    Market estimates and forecast, product, 2018 – 2032

7.3.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.3.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.3.5    Germany

7.3.5.1   Market estimates and forecast, 2018 - 2032

7.3.5.2   Market estimates and forecast, by product, 2018 - 2032

7.3.5.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.3.5.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.3.6    UK

7.3.6.1   Market estimates and forecast, 2018 - 2032

7.3.6.2   Market estimates and forecast, by product, 2018 - 2032

7.3.6.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.3.6.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.3.7    France

7.3.7.1   Market estimates and forecast, 2018 - 2032

7.3.7.2   Market estimates and forecast, by product, 2018 - 2032

7.3.7.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.3.7.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.3.8    Spain

7.3.8.1   Market estimates and forecast, 2018 - 2032

7.3.8.2   Market estimates and forecast, by product, 2018 - 2032

7.3.8.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.3.8.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.3.9    Italy

7.3.9.1   Market estimates and forecast, 2018 - 2032

7.3.9.2   Market estimates and forecast, by product, 2018 - 2032

7.3.9.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.3.9.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.3.10    Netherland

7.3.10.1    Market estimates and forecast, 2018 - 2032

7.3.10.2    Market estimates and forecast, by product, 2018 - 2032

7.3.10.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.3.10.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.4    Asia Pacific

7.4.1    Market estimates and forecast, 2018 - 2032

7.4.2    Market estimates and forecast, product, 2018 – 2032

7.4.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.4.5    China

7.4.5.1   Market estimates and forecast, 2018 - 2032

7.4.5.2   Market estimates and forecast, by product, 2018 - 2032

7.4.5.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.5.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.4.6    India

7.4.6.1   Market estimates and forecast, 2018 - 2032

7.4.6.2   Market estimates and forecast, by product, 2018 - 2032

7.4.6.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.6.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.4.7    Japan

7.4.7.1   Market estimates and forecast, 2018 - 2032

7.4.7.2   Market estimates and forecast, by product, 2018 - 2032

7.4.7.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.7.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.4.8    Australia

7.4.8.1   Market estimates and forecast, 2018 - 2032

7.4.8.2   Market estimates and forecast, by product, 2018 - 2032

7.4.8.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.8.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.4.9    Indonesia

7.4.9.1   Market estimates and forecast, 2018 - 2032

7.4.9.2   Market estimates and forecast, by product, 2018 - 2032

7.4.9.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.9.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.4.10    Malaysia

7.4.10.1    Market estimates and forecast, 2018 - 2032

7.4.10.2    Market estimates and forecast, by product, 2018 - 2032

7.4.10.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.10.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.4.11    South Korea

7.4.11.1    Market estimates and forecast, 2018 - 2032

7.4.11.2    Market estimates and forecast, by product, 2018 - 2032

7.4.11.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.4.11.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.5    Latin America

7.5.1    Market estimates and forecast, 2018 - 2032

7.5.2    Market estimates and forecast, product, 2018 – 2032

7.5.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.5.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.5.5    Brazil

7.5.5.1   Market estimates and forecast, 2018 - 2032

7.5.5.2   Market estimates and forecast, by product, 2018 - 2032

7.5.5.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.5.5.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.5.6    Mexico

7.5.6.1   Market estimates and forecast, 2018 - 2032

7.5.6.2   Market estimates and forecast, by product, 2018 - 2032

7.5.6.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.5.6.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.6    Middle East & Africa

7.6.1    Market estimates and forecast, 2018 - 2032

7.6.2    Market estimates and forecast, product, 2018 – 2032

7.6.3    Market estimates and forecast, material by end-use sector, 2018 – 2032

7.6.4    Market estimates and forecast, by end-use sector, 2018 – 2032

7.6.5    Saudi Arabia

7.6.5.1   Market estimates and forecast, 2018 - 2032

7.6.5.2   Market estimates and forecast, by product, 2018 - 2032

7.6.5.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.6.5.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.6.6    UAE

7.6.6.1   Market estimates and forecast, 2018 - 2032

7.6.6.2   Market estimates and forecast, by product, 2018 - 2032

7.6.6.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.6.6.4   Market estimates and forecast, by end-use sector, 2018 – 2032

7.6.7    Kuwait

7.6.7.1   Market estimates and forecast, 2018 - 2032

7.6.7.2   Market estimates and forecast, by product, 2018 - 2032

7.6.7.3   Market estimates and forecast, material by end-use sector, 2018 – 2032

7.6.7.4   Market estimates and forecast, by end-use sector, 2018 – 2032

Chapter 8   Company Profiles

8.1    Cymat

8.1.1    Business overview

8.1.2    Financial data

8.1.3    Product landscape

8.1.4    Strategic outlook

8.1.5    SWOT analysis

8.2    Spectra-Mat, Inc

8.2.1    Business overview

8.2.2    Financial data

8.2.3    Product landscape

8.2.4    Strategic outlook

8.2.5    SWOT analysis

8.3    Bauer Cases

8.3.1    Business overview

8.3.2    Financial data

8.3.3    Product landscape

8.3.4    Strategic outlook

8.3.5    SWOT analysis

8.4    Aluntam Corp.

8.4.1    Business overview

8.4.2    Financial data

8.4.3    Product landscape

8.4.4    Strategic outlook

8.4.5    SWOT analysis

8.5    Erg Aerospace Corporation

8.5.1    Business overview

8.5.2    Financial data

8.5.3    Product landscape

8.5.4    Strategic outlook

8.5.5    SWOT analysis

8.6    Reade International Corp.

8.6.1    Business overview

8.6.2    Financial data

8.6.3    Product landscape

8.6.4    Strategic outlook

8.6.5    SWOT analysis

8.7    Shanxi Putai Aluminum Foam Manufacturing Co., Ltd.

8.7.1    Business overview

8.7.2    Financial data

8.7.3    Product landscape

8.7.4    Strategic outlook

8.7.5    SWOT analysis

8.8    American Elements

8.8.1    Business overview

8.8.2    Financial data

8.8.3    Product landscape

8.8.4    Strategic outlook

8.8.5    SWOT analysis

8.9    Nanoshel

8.9.1    Business overview

8.9.2    Financial data

8.9.3    Product landscape

8.9.4    Strategic outlook

8.9.5    SWOT analysis

8.10    Cnem Corporation

8.10.1    Business overview

8.10.2    Financial data

8.10.3    Product landscape

8.10.4    Strategic outlook

8.10.5    SWOT analysis

8.11    AlCarbon

8.11.1    Business overview

8.11.2    Financial data

8.11.3    Product landscape

8.11.4    Strategic outl

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