Metal Foam Market to offer a healthy CAGR of 5.2% during 2020-25
February 11, 2020
Metal Foam Market Overview:
Metal Foam Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Metal foam offers various useful properties, such as high porosity, high strength, high energy absorption, and impact resistance, among a host of others which are the major factors driving the metal foam market.
Report Overview:
This new report from Stratview Research analyses the Metal Foam Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Metal Foam Market Segment Insights:
Material Type: Aluminum, Nickel, Copper and Others
Based on the material type, the market is segmented as aluminum, nickel, copper, and others. The aluminum foam segment captured the largest share of the market in 2018, and is estimated to maintain this trend during the forecast period. Aluminum foam proposes various significantly useful properties, such as thermal conductivity, electrical conductivity, high porosity, and corrosion resistance, which are driving the growth of this segment.
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Application Type: Anti-Intrusion Bars, Heat Exchangers, Sound Absorbers and Others
Based on the application type, the market is segmented as anti-intrusion bars, heat exchangers, sound absorbers, and others. The anti-intrusion bars segment held the largest share of the market in 2018, in terms of both value and volume, and is expected to carry on its legacy during the forecast period. Anti-intrusion bars are preferably used in ground vehicles and passenger cars to secure passengers from side impacts. They play a crucial role in absorbing the kinetic energy of colliding vehicles. The high energy absorption property of metal foams enables them to be the ideal claimant for use in anti-intrusion bars.
A highly/moderately/fragment consolidated Market
Some of the major players in the metal foam market are Admatis Ltd., Alantum Corporation, ERG Aerospace Corporation, Canada New Energy Materials Corporation, Hunan Ted New Material Co. Ltd., Shanghai Zhonghui Foam Aluminum Co. Ltd., Dalian Thrive Mining Co., Ltd., Nanoshell LLC, ECKA Granules GmbH, and Spectra Mat Inc.
Regional: Asia-Pacific is depicting significant growth, in terms of both value and volume
In terms of regions, the metal foam market in Asia-Pacific is depicting significant growth, in terms of both value and volume. The end-user industries in this region are incessantly being attentive on the usage of metal foams owing to their advantageous properties, such as high porosity, low weight, energy absorption, high impact strength, and good thermal conductivity, among a host of others. China and India are the growth engines of the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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