According to the most recent analysis by Emergen Research, the worldwide metal foam market reached USD 93.3 Million in 2021 and is anticipated to grow at a revenue CAGR of 4.3% during the projected period.
In essence, metal foam is a solid metal that has been filled with gas and made to improve the performance characteristics of metals. A significant amount of the volume of the metal foam is made up of gas or voids, and depending on the application and manufacturing process, these foams can have either an open cell structure or a closed cell structure. Metal foam is lightweight and nonetheless has the characteristics of raw metal. Although there are numerous uses for these foams, the majority of them are still in the experimental stage, and there are currently very few commercial uses.
Weight reduction, sound absorption, anti-intrusion bars, and other uses for metal foam are found throughout the vehicle. In general, it is a material of choice in automotive applications because to its recyclable nature, fire resistance, energy absorption, etc. Metal foam is more durable and energy-absorbent than its polymer counterparts. In automobile exhaust systems, as well However, compared to polymeric foams, metal foam is more expensive, non-insulating, and relatively heavy, which limits its use in a variety of end-use industries.
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Some Key Highlights from the Report :
In 2020, aluminium foams have a market share of more than 50%, dominating the product category. These sections are made of metal and are framed by carefully injecting air into the liquid metal to give it the desired surface finish. By increasing a material’s solidity to weight ratio, this helps to increase its durability.Aluminum foam is a lightweight, recyclable substance that absorbs vibrations and stuns. It is also non-toxic. Different applications exploit aluminium foams’ characteristics. By 2030, the widespread use of aluminium foam in many industries, such as aerospace, automotive, construction, and other industrial applications, may boost market revenue.
Revenue from the anti-intrusion bars category is anticipated to expand steadily throughout the anticipated period. The ability of anti-intrusion bars to absorb the kinetic energy of colliding bodies makes them a common fixture in the automotive industry. Due to their capacity to absorb energy and their light weight, metal foams are anticipated to see a rise in use in anti-intrusion bars.
Due to the presence of several prominent companies like Alantum and Liaoning Rontec Advanced Material Technology Co. in the region, the market in Asia Pacific is predicted to rise steadily over the course of the projected period. The market is expanding as a result of the rising use of metal foams in the automotive industries of Asia Pacific nations, particularly China.
Some major companies in the global market report include ERG Aerospace, CYMAT Technologies Ltd., Mott, Ultramet, Alantum, Havel Metal Foam GmbH, Mayser GmbH & Co KG, Pohltec Metalfoam GmbH, Liaoning Rontec Advanced Material Technology Co., and American Elements.
Emergen Research has segmented the global metal foam market on the basis of material, product, application, end-use, and region:
Material Outlook (Revenue, USD Million; 2019–2030)
Product Environment Outlook (Revenue, USD Million; 2019–2030)
- Open Cell
- Closed Cell
Application Outlook (Revenue, USD Million; 2019–2030)
- Heat Exchangers
- Anti-intrusion Bars
- Energy Absorbers
End-use Outlook (Revenue, USD Million; 2019–2030)
Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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