The Global Metal Foam Market Size is valued at 100.17 million in 2023 and is predicted to reach 155.15 million by the year 2031 at an 5.79% CAGR during the forecast period for 2024-2031.
Metal foams are solid metal cellular structures with many gas-filled pores. Open-cell foam is produced when these pores are interconnected rather than being sealed up, as in closed-cell foam. While closed-cell foam is called metal foam, open-cell foam is known as porous metal.
Many industries use metal foam, particularly those related to transportation, building, and infrastructure. It is predicted that the increasing use of metal foams across a range of end-user industries, including the expanding automotive and building and infrastructure sectors, will pave the way for metal foam market expansion.
Additionally, expanding industries, including those in construction, aviation, and defense, contribute to increased market demand. The market for metal foam will continue to expand rapidly because of the rising need for products that are resistant to water and high temperatures. The market for metal foam is anticipated to be driven by the materials' standout qualities, including electrical proficiency, thermal management, and shock absorption capabilities.
Aluminum foams are predicted to rise in popularity due to their high strength, lightweight, and toughness in the automotive and transportation sectors. The environmental restrictions that demand using lightweight automotive parts to reduce vehicular contamination give industry participants even more lucrative prospects. The expansion of research and development centers to create new technologies and lower the price of products will also contribute to the metal foam market demand.
The metal foam market is segmented on the material, product, application and end-use. Based on material, the market is segmented into aluminum, copper, titanium, zinc and nickel. Based on product, the market is segmented into open cell and closed cell. Based on application, the market is segmented into heat exhchangers, anti-intrusion bars, energy absorbers and others. Based on end-use, the market is segmented into automotive, aerospace, bio-medical, industrial and others.
The water-soluble fertilizers category grabbed the highest revenue share, and it is anticipated that they will continue to hold that position during the anticipated time due to its qualities, which include highly developed repair and maintenance technology, recycling compatibility, the ability to reform during the manufacturing and service lifecycle stages, simplicity in assembly, a wide range of hardening abilities, high impact resistance, high formability, easy availability, low cost, versatility, etc. Additionally, aluminum is a lightweight metal, which makes it a great material for creating foams with a high fatigue resistance and an extraordinary strength-to-weight ratio. Aluminum foam is perfect for usage in automotive applications like car bumpers, vehicle exteriors, and engine surrounds because to its distinctive combination of qualities (grilles).
The automotive category is anticipated to grow significantly over the forecast period. Metal foams are becoming more popular because of their high performance and low weight in the production of lightweight automobiles. Another reason for the widespread use of metal foams in the automotive industry is concern over greenhouse gas (GHG) emissions. Transportation, particularly personal vehicles, is a major source of carbon dioxide emissions. Vehicle weight reduction has become more popular in producing both large and small cars since it significantly cuts carbon dioxide emissions.
The Asia Pacific metal foam market is expected to register the highest market share in revenue in the near future. Some of the fastest-growing metal industries and successful firms in the APAC area can be found there. Additionally, the APAC area has the world's fastest growth rate. The market is also experiencing a high level of urbanization and industrialization, propelling the industry toward expansion. In addition, North America is projected to grow rapidly in the global metal foam Industry because governments are investing more money, and the car industry is expanding, especially in developed nations like the US and Canada. Metal foam is mostly used in this region's automotive, aerospace, and military industries. The rising need for lightweight materials in these industries is driving the growth of the metal foam market development in North America.
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Report Attribute |
Specifications |
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Market size value in 2023 |
USD 100.17 Mn |
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Revenue forecast in 2031 |
USD 155.15 Mn |
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Growth rate CAGR |
CAGR of 5.79% from 2024 to 2031 |
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Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Material, Product, Application, End-Use |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
ERG Aerospace, CYMAT Technologies Ltd., Mott, Ultramet, Alantum, Havel Metal Foam GmbH, Mayser GmbH & Co.KG, Pohltech Metalfoam GmbH, Liaoning Rontec Advanced Material Technology Co and American Elements. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Metal Foam Market Snapshot
Chapter 4. Global Metal Foam Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Material Estimates & Trend Analysis
5.1. by Material & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Material:
5.2.1. Aluminum
5.2.2. Copper
5.2.3. Titanium
5.2.4. Zinc
5.2.5. Nickel
Chapter 6. Market Segmentation 2: by Product Estimates & Trend Analysis
6.1. by Product & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product:
6.2.1. Open Cell
6.2.2. Closed Cell
Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis
7.1. by Application & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
7.2.1. Heat Exchangers
7.2.2. Anti-intrusion Bars
7.2.3. Energy Absorbers
7.2.4. Others
Chapter 8. Market Segmentation 4: by End-use Estimates & Trend Analysis
8.1. by End-use & Market Share, 2019 & 2031
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-use:
8.2.1. Automotive
8.2.2. Aerospace
8.2.3. Bio-medical
8.2.4. Industrial
8.2.5. Others
Chapter 9. Metal Foam Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Material, 2024-2031
9.1.2. North America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
9.1.3. North America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
9.1.4. North America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2024-2031
9.1.5. North America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
9.2. Europe
9.2.1. Europe Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Material, 2024-2031
9.2.2. Europe Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
9.2.3. Europe Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
9.2.4. Europe Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2024-2031
9.2.5. Europe Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
9.3. Asia Pacific
9.3.1. Asia Pacific Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Material, 2024-2031
9.3.2. Asia Pacific Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
9.3.3. Asia-Pacific Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
9.3.4. Asia-Pacific Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2024-2031
9.3.5. Asia Pacific Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
9.4. Latin America
9.4.1. Latin America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Material, 2024-2031
9.4.2. Latin America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
9.4.3. Latin America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
9.4.4. Latin America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2024-2031
9.4.5. Latin America Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
9.5. Middle East & Africa
9.5.1. Middle East & Africa Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Material, 2024-2031
9.5.2. Middle East & Africa Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Product, 2024-2031
9.5.3. Middle East & Africa Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
9.5.4. Middle East & Africa Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2024-2031
9.5.5. Middle East & Africa Metal Foam Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. ERG Aerospace
10.2.2. CYMAT Technologies Ltd.
10.2.3. Mott
10.2.4. Ultramet
10.2.5. Alantum
10.2.6. Havel Metal Foam GmbH
10.2.7. Mayser GmbH & Co.KG
10.2.8. Pohltech Metalfoam GmbH
10.2.9. Liaoning Rontec Advanced Material Technology Co.
10.2.10. American Elements
10.2.11. Other Prominent Players
Metal Foam Market By Material
Metal Foam Market By Product
Metal Foam Market By Application
Metal Foam Market By End-use
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
