Metal Foam Market by Application (Energy Absorption, Energy Management, Thermal Management, Exhaust System, Low-Pressure Exhaust Gas Recirculation For Gasoline Engines (LP EGR), Compact Exhaust Heat Recovery System (EHRS), Others)

The global metal foam market is expected to maintain steady growth due to the exceptional properties these materials offer, including effective thermal management, shock absorption, and electrical conductivity. Aluminum metal foams, in particular, are gaining traction in the manufacturing of lightweight vehicles due to their advantages, such as reduced weight, enhanced strength, and prolonged durability. Consequently, the market is poised for sustained growth throughout the projected period of 2023 to 2030.

Data Bridge Market Research analyses that the global metal foam market which was USD 95.03 billion in 2022, is expected to reach USD 132.07 billion by 2030, and is expected to undergo a CAGR of 4.20% during the forecast period of 2023 to 2030. "Closed Cell Metal Foam" dominates the type segment of the global metal foam market due to its widespread applications and structural versatility. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

View Detailed Report:

https://www.databridgemarketresearch.com/reports/global-metal-foam-market 

Market Definition

Metal foams are structured materials consisting of solid metal containing numerous gas-filled voids. These voids can either be sealed, forming closed-cell foam, or interlinked, creating open-cell foam. Open-cell foam is often referred to as porous metal, while closed-cell foam is termed metal foam. Metal foam finds applications across diverse industries such as automotive, construction, and infrastructure.

Opportunities

Growth in the Automotive Industry

The automotive sector offers a substantial growth opportunity for the global metal foam market. Metal foams are increasingly recognized for their potential to revolutionize vehicle design and safety. They can absorb kinetic energy during collisions, enhancing occupant protection. In addition, their lightweight nature contributes to lower vehicle weight, which, in turn, improves fuel economy and reduces greenhouse gas emissions. With the automotive industry's evolving focus on safety, fuel efficiency, and emissions reduction, metal foams are well-positioned to play a pivotal role in the development of next-generation vehicles.

Some of the major players operating in the global metal foam market are:

Cymat Technologies Ltd. (Canada)
ERG Aerospace Corporation (U.S.)
Alantum Corporation (South Korea)
Admatis Ltd. (Hungary)
Shanxi Putai Aluminum Foam Manufacturing Co., Ltd. (China)
SMC Metal (Thailand) Co., Ltd. (Thailand)
Reade Advanced Materials (U.S.)
Aluinvent Zrt (Hungary)
Alveotec (France)
American Elements (U.S.)
ERG Materials and Aerospace Corp. (U.S.)
Ultramet (U.S.)
Nanoshell Company (Russia)
Ressource Metal Groupe (France)
AlFoam Technologies Ltd. (Canada)
Global Metal Foam Market Scope

The global metal foam market is segmented on the basis of type, material, production technology, metal form, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Closed Cell Metal Foam
Open Cell Metal Foam
Stochastic Metal Foam

Material

Aluminum
Copper
Zinc
Titanium
Fecral
NiCr
Others

Production Technology

Blowing Agents
Gas Injection
Solid-Gas Eutectic Solidification
Powder Compact
Ingots Containing Blowing Agent
Space Holder
Others

Metal Form

Melt
Powder

Application

Energy Absorption
Energy Management
Thermal Management
Exhaust System
Low-Pressure Exhaust Gas Recirculation For Gasoline Engines (LP EGR)
Compact Exhaust Heat Recovery System (EHRS)
Others

End-User

Automotive
Aerospace
Marine
Energy
Consumer Goods
Others

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