Stratview Research in its recent report has offered an overlook of the current Metal Foam Market scenarios and has also estimated the market size to reach grow at CAGR of 5.2%. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.
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Metal Foam is a structure of metal that has pores filled with gas. These pores can be either sealed or can be also interconnected. Porosity is the major characteristics of the metal foam.
Metal Foam can be made up of aluminum, nickel, copper, and others. Automotive, construction, industrial, and others are some of the application areas where metal foam is being used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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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.
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.
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.
Check out the Table of Contents here:
https://www.stratviewresearch.com/toc/797/metal-foam-market.html
Highlights of the Report:
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.
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.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Metal Foam Market analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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