Press release
Metal Foams Market Will Exhibit an Impressive Expansion by 2024-2031 | American Elements, Alantum Corp., Aluinvent Zrt
Moreover, rising urbanization as well as enhancements in construction industry utilizing metal foams has also been motivating the market. Cohesive government policies such as the US government funding on usage of magnesium materials in automotives are driving the market growth. However, several factors such as high costs of these foams affect its usage in emerging economies such as China, India and Korea. Additionally, lack of awareness in emerging economies will also affect the market growth. However, rising applications of metal foams in emerging economies will be driving the market in future. Moreover, technological advancements in these foams will motivate the market in future.
Automotive applications due to cohesive government policies in the region motivate the market. Moreover, APAC region has been predicted as the fastest growing region due to rising end-user industries in the region. Furthermore, enhanced applications of metal foams in construction and automotives in countries such as China, Japan and China are motivating the market in the region. Major players contributing into the growth of the global metal foams market includes American Elements, Alantum Corp., BASF SE, Evonik Industries, K.R. Reynolds Company, SELEE Corp., Stylepark AG and so forth. R&D, partnership, product launch and collaboration are the key winning strategies adopted by market players across the globe.
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Metal Foams Market- Segmentation
By Product Type
Closed Cell Metal Foams
Open Cell Metal Foams
Stochastic Metal Foam
By Material Type
Aluminium Foams
Magnesium Foams
Nickel Foams
Copper Foams
Others
By Application
Anti-Intrusion Bars
Heat Exchangers
Sound Absorbers
Electro-Chemical Application
Medical Laser Application
By End-Users
Transportation
Construction Industry
Biomedical Industry
Consumer Goods Industry
Others (Military)
A full report of Metal Foams Market is available at: https://www.omrglobal.com/industry-reports/metal-foam-market
Metal Foams Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
American Elements
Alantum Corp.
Aluinvent Zrt
Alveotec
Armacell International SA
BASF SE
CVMR Corp.
Erg Aerospace Corp.
Evonik Industries AG
Freund GmbH
Granta Design
R. Reynolds Company
Liaoning Rontec Advanced Material Technology Co., Ltd
Mitshubshi Materials Corp.
Nanoshel LLC
Recemat BV
Rogers Corp.
Sabic Innovative Plastics
SELEE Corp.
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