Metal Foam Market is set for a Rapid Growth and is Expected to Reach USD 86 Million by 2026

06-Jan-2020 | Zion Market Research

Zion Market Research has published a new report titled “Metal Foam by Product (Open Cell and Closed Cell), By Material (Aluminum, Copper, Zinc, Titanium, and Others), By End-Use Sector (Automotive, Aerospace, Building & Construction, Healthcare, Energy, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2026.” According to the report, the Metal Foam market is expected to reach USD 86 Million by 2026, growing at a CAGR of around 4% between 2019 and 2026.

Browse the full “Metal Foam Market: by Product (Open Cell and Closed Cell), By Material (Aluminum, Copper, Zinc, Titanium, and Others), and by End-Use Sector (Automotive, Aerospace, Building & Construction, Healthcare, Energy, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026” Report at https://www.zionmarketresearch.com/report/metal-foam-market 

The global metal foam market is anticipated to show tremendous opportunities over the horizon. Since the development of the first aluminum foams in the middle of the 20th century, advancements have been made in the processing and fundamental understanding of metallic foams. As a result of these advances, metallic foams are now penetrating a number of applications where their unique suite of properties makes them superior to solid materials, such as lightweight structures, packaging and impact protection, and filtration and catalysis. The purpose of this work is to extend the use of metallic foams in such applications by expanding their processing to include more sophisticated base alloys and architectures. Metal foams are lightweight cellular materials inspired by nature. Bones, woods and sea sponges are some well-known examples of these types of structures. In fact, solid metallic foams are the conserved image of the corresponding liquid metallic foam. Scienti?c attempts have been made to improve foam quality of any type of foam concentrate on foam physics, i.e., bubble formation, foam nucleation, growth, stability, development of gas diffusion in the liquid state, where the foam structure is evolving. 

Based on the type of material, the metal foam market has been classified into aluminum, copper, zinc, titanium, and others. Aluminum segment is expected to dominate the market share over the forecast timeline. Aluminum foam is a lightweight material with high sound insulation, high energy absorption, and high thermal conductivity. Therefore, Aluminum (Al) foam has been used in a wide range of applications, such as railway components, automotive components, and building materials. One of the promising processes for fabricating Al foam involves the use of a foamable precursor. Aluminum metal foam has wide applications for lightweight construction and has become an interesting topic for an attractive research field. According to the state of matter, the different production processes are classified into three ways solid, liquid and gaseous. Metal foams such as aluminum have a unique property such as lightweight in combination with higher compression strength, lower specific weight, high stiffness and better energy absorption quality.

In terms of end-use, the global metal foam market has been segmented into automotive, aerospace, building & construction, healthcare, energy, and others. The automotive segment is anticipated to hold maximum market share over the horizon. With the growing industrial development and dependency on fossil fuels, greenhouse gas emission has become a major issue. Transportation plays a massive role in producing CO2 gas emission with personal vehicles producing the largest share. The lightweight of components is a possible solution to reducing the CO2 gas emissions. Some lightweight materials are already being used in the automobile sector such as aluminum, magnesium, their alloys, composite materials, etc. A novel category is metal foams, which are one of the metal matrix composites, having uniformly distributed gaseous pores as reinforcement embedded in the metal matrix. A high porosity in metal foams makes them potential candidates to absorb a large amount of mechanical energy, damping vibrations and ability of sound absorption which can be well exploited in the automotive industry.

Some key players in operating in the metal foam market are Nanoshel, American Elements, Ultramet, AlCarbon, Shanxi Putai Aluminum Foam Manufacturing Co., Ltd., Reade International Corp., Spectra-Mat, Erg Aerospace Corporation, Aluntam Corp., Bauer Cases, Inc., and Cymat.

This report segments the global metal foam market as follows:

Global Metal Foam Market: Product Segment Analysis

  • Open Cell
  • Closed Cell

Global Metal Foam Market: Material Segment Analysis

  • Aluminum
  • Copper
  • Zinc
  • Titanium
  • Others

Global Metal Foam Market: End-Use Sector Segment Analysis

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

Global Metal Foam Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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