Metal foam Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

The metal foam market is growing at a CAGR of 4% from 2021 to 2027 and is expected to reach USD 113,633.66 thousand by 2027. The growing demand for lightweight materials for automobiles is the driving force of the market growth.

The growing demand for water and heat resistant products will increase the consumption of market-leading metal foam products. Meanwhile, fluctuations in the price of aluminum, which is used as a raw material for product production, also increases production costs, thereby acting as a constraint on the global metal foam market.

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Key Market Players

Some of the key players in the metal foam market are ERG Aerospace Corporation (US), CYMAT Technologies Ltd. (Canada), Alantum (South Korea), Mott Corporation (US), Liaoning Rontec Advanced Material Technology Co., Ltd. (China), Shanxi Putai Aluminum Foam Manufacturing Co., Ltd. (China), Mayser GmbH & Co. KG (Germany), Ultramet (US), Aluminum King Co., Ltd (China), and Pohltec Metalfoam GmbH (Germany). The key strategies adopted by the major players for enhancing their business revenue are expansions and joint ventures.

Metal foam Market Segmentation

By Product

• Open cell
• Closed cell

By Material

• Aluminum
• Copper
• Zinc
• Titanium

By End-use Sector

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

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Metal foam Market Report

• What was the Metal foam Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Metal foam Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Metal foam Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.