Press release
Metal foam market is expected to witness significant gains during 2020 - 2025
Extensive product utilization in automotive sector for the production of components such as engine hoods, structural parts, trunk lids, vehicle body sheets, etc. will positively impact metal foam market growth. Prolific growth of the automotive industry is likely to translate into increased metal foam market demand. For the record, automotive production reached 95 million units in 2018 from about 77 million units in 2010. In terms of revenue, metal foam market size is touted to surpass USD 100 million by 2025.
Metal foam is highly resistant to thermal shocks and noise. Hence, it is used in myriad applications, including biomedical devices, rocket engines, filters, tools armors, energy storage devices, etc. Expansive product application range is expected to boost industry size over the coming years.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/3723
Speaking in terms of product type, open cell metal foam is likely to witness major demand owing to utilization in various applications, such as energy absorption, lightweight optics, flow diffusion, heat exchangers, etc. Open cell is a type of metal foam, which has a cellular structure comprising of aluminum along with large volume of gas filled pores in an interconnected network. It is a permeable material with excellent mechanical properties.
By material, metal foam industry has been segmented into aluminum, copper, zinc, and titanium. Among these, the titanium segment is forecast to hold a major share in global metal foam industry owing to its wide application in aerospace industry. The product offers superior characteristics such as excellent strength, biocompatibility, and corrosion resistance, etc., which makes it ideal for high-end applications. Properties of titanium can be altered through variations in the production process. Such feasibility in the alteration of product properties as per requirement will fuel product adoption over the analysis period.
Considering the end-use backdrop of the market, aerospace industry is expected to contribute significantly to the global metal foam industry share. Metal foam is widely used as a substitute for other super alloys to produce lightweight structures. The product are showcases excellent strength at high temperatures as well. Metal foam used in aerospace applications are almost about 90% porous. Such superior functional properties along with wide acceptance of the product will supplement industry share through 2025.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3723
Asia Pacific metal foam market is estimated to showcase a notable growth rate of more than 6.5% over the projected timeframe. Increasing infrastructural development in countries such as China, Indonesia, India etc., may fuel product demand due to its extensive usage in structural applications. In addition, rising building & construction activities, along with initiation of a number of government-funded smart city projects is likely to support industry expansion in the region.
Elaborating further on the regional landscape, Europe is also anticipated to offer lucrative opportunities for metal foam industry growth. The region had attained a commendable share of the global market on account of the expanding aerospace and automotive industries in the region.
Leading Key Players are
Major players participating in metal foam industry include Aluntam Corp, Ultramet, Bauer Cases, Spectra-Mat, Inc., Reade International Corp. Shanxi Putai Aluminum Foam Manufacturing, etc. These players are focusing on strategic acquisitions, technology advancement, and product differentiation to gain a competitive edge over other players and achieve profitability.
Read More: https://www.gminsights.com/industry-analysis/metal-foam-market
Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Metal foam is highly resistant to thermal shocks and noise. Hence, it is used in myriad applications, including biomedical devices, rocket engines, filters, tools armors, energy storage devices, etc. Expansive product application range is expected to boost industry size over the coming years.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/3723
Speaking in terms of product type, open cell metal foam is likely to witness major demand owing to utilization in various applications, such as energy absorption, lightweight optics, flow diffusion, heat exchangers, etc. Open cell is a type of metal foam, which has a cellular structure comprising of aluminum along with large volume of gas filled pores in an interconnected network. It is a permeable material with excellent mechanical properties.
By material, metal foam industry has been segmented into aluminum, copper, zinc, and titanium. Among these, the titanium segment is forecast to hold a major share in global metal foam industry owing to its wide application in aerospace industry. The product offers superior characteristics such as excellent strength, biocompatibility, and corrosion resistance, etc., which makes it ideal for high-end applications. Properties of titanium can be altered through variations in the production process. Such feasibility in the alteration of product properties as per requirement will fuel product adoption over the analysis period.
Considering the end-use backdrop of the market, aerospace industry is expected to contribute significantly to the global metal foam industry share. Metal foam is widely used as a substitute for other super alloys to produce lightweight structures. The product are showcases excellent strength at high temperatures as well. Metal foam used in aerospace applications are almost about 90% porous. Such superior functional properties along with wide acceptance of the product will supplement industry share through 2025.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3723
Asia Pacific metal foam market is estimated to showcase a notable growth rate of more than 6.5% over the projected timeframe. Increasing infrastructural development in countries such as China, Indonesia, India etc., may fuel product demand due to its extensive usage in structural applications. In addition, rising building & construction activities, along with initiation of a number of government-funded smart city projects is likely to support industry expansion in the region.
Elaborating further on the regional landscape, Europe is also anticipated to offer lucrative opportunities for metal foam industry growth. The region had attained a commendable share of the global market on account of the expanding aerospace and automotive industries in the region.
Leading Key Players are
Major players participating in metal foam industry include Aluntam Corp, Ultramet, Bauer Cases, Spectra-Mat, Inc., Reade International Corp. Shanxi Putai Aluminum Foam Manufacturing, etc. These players are focusing on strategic acquisitions, technology advancement, and product differentiation to gain a competitive edge over other players and achieve profitability.
Read More: https://www.gminsights.com/industry-analysis/metal-foam-market
Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
