North America 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.
North America Metal Foam Market Analysis and Size
Metal foams, including aluminum foams, are cellular structures consisting of gas-filled pores within a solid metal matrix. They have vital functions in vehicles, such as enhancing sound damping, reducing weight, and improving energy absorption during crashes. In military applications, metal foams effectively combat the concussive force of IEDs by absorbing energy, thereby mitigating the impact and minimizing damage. This enhances the safety and protection of personnel in such situations.
Data Bridge Market Research analyses that the metal foam market which was USD 32,837.35 thousand in 2022, would rocket up to USD 50,395.04 million by 2030, and is expected to undergo a CAGR of 5.5% 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.
North America 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 Thousand, 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, Nickle Chromium, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America
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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
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 vehicles 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 North America metal foam market.
North America Metal Foam Market Dynamics
Drivers
- Growing demand in automotive industries
The rising demand for lightweight vehicles is driving the increased utilization of metal foam materials. Vehicles manufactured using metal foams are lighter in weight, leading to improved fuel efficiency. Metal foams also offer enhanced safety due to their excellent shock absorption capabilities, benefiting both the vehicle and its occupants. Moreover, metal foam possesses desirable properties such as high specific strength, stiffness, energy absorption, corrosion resistance, and high-temperature resistance. These factors contribute to the growth of the metal foam market in North America.
- Extensive use of metal foam as copper foam
Copper foam, a type of metal foam, exhibits outstanding attributes including high energy resistance, strength, anti-corrosion properties, and excellent conductivity. Its electromagnetic shielding and noise absorption capabilities make it versatile for various applications. Copper foam is commonly used as a shielding material in pressure-reducing devices with pressure gauges, and it seamlessly integrates with vibration absorption, thermal insulation, and other functional materials. These extensive features drive the growth and demand for metal foam in the market.
Opportunities
- Rising use in aerospace industries
The aerospace industry is witnessing an increasing demand for metal foam due to its desirable properties such as lightweight construction, heat resistance, and cost-effectiveness. Composite metal foam (CMF), in particular, offers advantages in aircraft wing leading-edge materials by effectively deterring insects and water compared to traditional aluminum. Pervaded CMF, while similar in weight to conventional aluminum, possesses other attractive features that make it highly efficient for aircraft applications. This creates opportunities for the growth of the metal foam market in the aerospace sector.
- Growing usage of metal foams in different industries
The phenomenon of urbanization and globalization has spurred the development of various industries, many of which rely on metals and alloys for manufacturing components. Metal foams, with their unique properties, have found wide-ranging applications in machines, vessels, and vehicles. This presents a significant opportunity for the growth of the metal foam market in North America as industries seek innovative and efficient materials to meet their component requirements.
Restraints/Challenges
- Problems with soldering, welding, and bonding
The irregular pore structure of metal foams poses challenges when it comes to bonding and welding with other metal materials that have a smooth surface finish. Additionally, when subjected to high ductile load and impact force, metal foam materials can be susceptible to brittle fractures. This inherent brittleness can lead to a complete breakdown of the material rather than localized damage, which could potentially limit the growth of the metal foam market.
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High production cost and fluctuating raw material cost
The production cost of metal foam is relatively high due to several factors. The manufacturing process of metal foam requires significant labor and substantial energy input, contributing to its higher production cost. Additionally, fluctuations in raw material prices impact the overall production cost, further influencing the final cost of the metal foam product. These cost factors can act as constraints to the market growth of metal foam, making it a potentially more expensive option for certain applications.
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.
North America 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, end-user as referenced above.
The countries covered in metal foam market report U.S., Canada and Mexico in North America
North America metal foam market is dominated by U.S. and Canada due to the increasing use of aluminium metal foam for aerospace manufacturing which has boosted the demand of aluminium in the market.
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 North America 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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