Metal Foam Market Share & Size | Industry Forecast, 2024-2032

The global metal foam market size was worth around USD 86.21 million in 2023 and is predicted to grow to around USD 128.01 million by 2032 with a compound annual growth rate (CAGR) of roughly 4.49% between 2024 and 2032.

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The research paper on the global metal foam market includes regional and international evaluations and analyses. The report provides a comprehensive analysis of the market, including its competitors, opportunities, emerging trends, and industry-recognized market statistics. The research report contains significant data for 2019, 2020, and 2021, as well as revenue projections (in millions of US dollars) for the years 2024 to 2032.

Metal foam is a foam whose cellular structure is composed primarily of solid metal, typically aluminum, with pores filled with gas; these pores make up a significant fraction of the foam’s volume. Foams of metal are frequently produced through the process of gas injection or foaming agent mixture into molten metal. As a class of lightweight cellular materials, metal foams offer insulation, vibration attenuation, and a cushioning effect.

Metal foam is utilized in the aerospace, automotive, infrastructure & communication, and industrial sectors, among others. The market for metal foam is anticipated to expand at a rapid rate during the period of forecast due to the expansion of industry in every sector. Rapid urbanization and a surge in construction activities are contributing to the expansion of the market.

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The Global Metal Foam Market is segmented based on product, application and region

Global Metal Foam Market: Product Segment Analysis

● Open Cell
● Closed Cell

Global Metal Foam Market: Application Segment Analysis

● Automotive
● Aerospace
● Building & Construction
● Healthcare
● Energy
● Others

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The global Metal Foam market profiles key players such as:

● Nanoshel
● American Elements
● Ultramet
● AlCarbon
● Shanxi Putai Aluminum Foam Manufacturing Co Ltd
● Reade International Corp
● Spectra-Mat
● Erg Aerospace Corporation
● Aluntam Corp
● Bauer Cases, Inc
● Cymat

Market for Metal Foam: Regional Perspectives

In 2018, the Asia-Pacific region held the largest revenue market share among all regions. This can be ascribed to the region’s expanding disposable income, accelerated urbanization, and improving economic conditions. During the coming years, the market is anticipated to acquire additional momentum due to the expansion of construction projects in the region, particularly in China and India. Automobile industry expansion in Europe has contributed to the expansion of the metal foam market.

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