Asia-Pacific Metal Foam Market, By Type (Closed Cell Metal Foams, Open Cell Metal Foams and Stochastic Metal Foams), Material (Aluminium, Nickle, Copper, Zinc, Tool Steel, Titanium, Fecral, Nickle Chromium and Others), Production Technology (Gas Injection, Solid-Gas Eutectic Solidification, Blowing Agents, Powder Compact, Ingots Containing Blowing Agent, Space Holder and Others), Metal Form (Melt and Powder), Application (Structural Application, Functional Application, Energy Absorption, Side Impact Bars, Energy Management, Sound Absorption, Thermal Management, Exhaust System, Low-Pressure Exhaust Gas Recirculation for Gasoline Engines (LP EGR), Compact Exhaust Heat Recovery System (EHRS), Anti-Intrusion Bars, Damping Structure, Filtration, Solid Insulation, Industrial Machines, Others), End-User (Automotive, Aerospace, Marine, Energy, Car, Building and Infrastructure, Construction, Aerospace and Defence, Consumer Goods, Nickle Chromium and Others) – Industry Trends and Forecast to 2030.
Asia-Pacific Metal Foam Market Analysis and Size
Metal foams, like aluminum foams, are cellular structures with gas-filled pores within a solid metal matrix. In vehicles, they play crucial roles by enhancing sound damping, reducing weight, and improving energy absorption during crashes. In military applications, metal foams are employed to counteract the concussive force generated by IEDs. The foam's ability to absorb energy helps mitigate the impact and minimize the damage caused by these explosive devices, increasing the safety and protection of personnel.
Data Bridge Market Research analyses that the metal foam market which was USD 17,879.46 million in 2022, would rocket up to USD 86,035.76 million by 2030, and is expected to undergo a CAGR of 4.4% during the forecast period. 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.
Asia-Pacific Metal Foam Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Closed Cell Metal Foams, Open Cell Metal Foams and Stochastic Metal Foams), Material (Aluminium, Nickle, Copper, Zinc, Tool Steel, Titanium, Fecral, Nickle Chromium and Others), Production Technology (Gas Injection, Solid-Gas Eutectic Solidification, Blowing Agents, Powder Compact, Ingots Containing Blowing Agent, Space Holder and Others), Metal Form (Melt and Powder), Application (Structural Application, Functional Application, Energy Absorption, Side Impact Bars, Energy Management, Sound Absorption, Thermal Management, Exhaust System, Low-Pressure Exhaust Gas Recirculation for Gasoline Engines (LP EGR), Compact Exhaust Heat Recovery System (EHRS), Anti-Intrusion Bars, Damping Structure, Filtration, Solid Insulation, Industrial Machines, Others), End-User (Automotive, Aerospace, Marine, Energy, Car, Building and Infrastructure, Construction, Aerospace and Defence, Consumer Goods, Healthcare and Others)
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Countries Covered
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China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
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Market Players Covered
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ERG Aerospace Corporation (U.S.), CYMAT Technologies Ltd. (Canada), Alantum (U.S.), Mott. (U.S.), LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO., LTD. (China), Mayser GmbH & Co. KG (Germany), Ultramet (U.S.), American Elements (U.S.), ANSYS, Inc (U.K.), SELEE (U.S.), Exxentis – Porous Aluminium (Switzerland), Aluinvent Zrt. (Hungary), CVMR (Canada), Nanoshel LLC (U.S.), Shape Change Technologies LLC (U.S.), BASF SE (Germany), Havel metal foam GmbH (Germany), Spectra-Mat, Inc. (U.S.), VIM Technologies, Inc. (U.S.)
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Market Opportunities
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Market Definition
Metal foam is widely used in the automotive, construction, and infrastructure industries. Closed-cell foam refers to metal foam with wrapped pores, while open-cell foam has interconnected pores and is known as porous metal. Metal foam offers advantages like durability and cost-effectiveness, making it a preferred choice in various applications.
Asia-Pacific Metal Foam Market Dynamics
Drivers
- Growing demand in automotive industries
High demand and sales of lightweight vehicles are growing the utilization of metal foam supplies. Vehicles which are made using metal foams are lighter in weight and more fuel efficient. Metal foam material also provides safety with its high shock-absorption capabilities to both vehicle and passengers. It owns absolute properties such as high specific strength, stiffness, energy absorption, corrosion resistance, and high-temperature resistance, which is driving the growth of the Asia-Pacific metal foam market.
- Extensive use of metal foam as copper foam
Metal foam, specifically copper foam, offers exceptional qualities such as high energy resistance, strength, anti-corrosion properties, and excellent conductivity. With its electromagnetic shielding and noise absorption capabilities, metal foam finds diverse applications. It serves as a shielding material in pressure-reducing devices that utilize pressure gauges and is compatible with vibration absorption, thermal insulation, and other functional materials. These extensive features contribute to the growth and demand for metal foam in the market.
Opportunities
- Rising use in aerospace industries
Properties of metal foam such as lightweight, heat resistance, and cost-effectiveness are growing the material demand in the aerospace region. Composite metal foam, aircraft wing leading-edge materials can deter insects and water much-improved way than aluminium. Pervaded CMF is closely the same weight as conventional aluminium but has other attractive features that make it efficient for utilization in aircraft, which creates an opportunity for the metal foam market to grow.
- Growing usage of metal foams in different industries
Urbanization and globalization, which lead to the development of different industries. In maximum industries, metals and alloys are utilized for manufacturing components. Metal foams have many unique properties, which make them widely applicable for components in machines, vessels, and vehicles, which create an opportunity for the Asia-pacific metal foam market to grow
Restraints/Challenges
- Problems with soldering, welding, and bonding
Metal foams have an irregular pore structure that makes it problematic to bond and weld with other metal materials which have a proper surface finish. When metal foam material is treated under high ductile load and impact force is also prone to brittle breaks. This might lead to a complete material breakdown rather than damage to a specific portion, which can restrain the market growth of metal foams.
- High production cost and fluctuating raw material cost
Metal foam is high in cost because of its production cost, where maximum labor is required in the manufacturing of metal foam and high energy is also needed in this process. Furthermore, the variable or fluctuation of raw material price also affects the rate of production which makes the production cost high which ultimately affect the cost of the product, which will restrain the market growth of metal foam.
This metal foam market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the metal foam market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In April 2022, Alvotech and STADA announced a collaboration to launch HUKYNDRA (AVT02) which is a citrate-free, high-concentration biosimilar. Its partnership includes a variety of biosimilars to treat autoimmunity and oncology conditions.
- In November 2019, ERG Aerospace announced its new Industrial Centre for research and development facility in Nevada. The product of the company which includes aluminum metal foam is useful in the Aerospace industry.
Asia-Pacific Metal Foam Market Scope
The 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 analyze 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 Foams
- Open Cell Metal Foams
- Stochastic Metal Foams
Material
Production Technology
- Gas Injection
- Hydro
- Alcan
- Solid-Gas Eutectic Solidification
- Gasar
- Blowing Agents
- Alparos
- Powder Compact
- Foaminal
- Alulight
- Ingots Containing Blowing Agent
- Formgrip
- Foamcast
- Space Holder and Others
Metal Form
- Melt
- Powder
Application
- Structural Application
- Automotive Industry
- Railway
- Military
- Ship Building
- Bio Medical
- Functional application
- Sound Absorption
- Medical LASER Application
- Heat Exchanger
- Electro-Chemical Application
- Architectural 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)
- Anti-intrusion Bars
- Others
- Buffers
End-User
- Automotive
- Aerospace
- Marine
- Energy
- Consumer Goods
- Industrial
- Construction and Infrastructure
- Others
- Defence
- Medical
Metal Foam Market Regional Analysis/Insights
The metal foam market is analysed and market size insights and trends are provided by type, material, production technology, metal form, application, and end-user r as referenced above.
The countries covered in metal foam market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
China is dominating the Asia-Pacific market because of the high population and number of manufacturing industries that are available in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Metal Foam Market Share Analysis
The metal foam market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metal foam market.
Some of the major players operating in the metal foam market are:
- ERG Aerospace Corporation (U.S.)
- CYMAT Technologies Ltd. (Canada)
- Alantum (U.S.)
- Mott. (U.S.)
- LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO., LTD. (China)
- Mayser GmbH & Co. KG (Germany)
- Ultramet (U.S.)
- American Elements (U.S.)
- ANSYS, Inc (U.K.)
- SELEE (U.S.)
- Exxentis – Porous Aluminium (Switzerland)
- Aluinvent Zrt. (Hungary)
- CVMR (Canada)
- Nanoshel LLC (U.S.)
- Shape Change Technologies LLC (U.S.)
- BASF SE (Germany)
- Havel metal foam GmbH (Germany)
- Spectra-Mat, Inc. (U.S.)
- VIM Technologies, Inc. (U.S.)
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