Skip to main content

Metal Foam Market - Gained considerable importance in recent years!!

A metal foam is a cellular-like structure consisting of solid metal with gas-filled pores, and comprising a significant portion of the material’s volume. The frequently used solid metal is aluminum. Metal foams have high porosity, typically containing 5% to 25% volume of the base metal, which makes these materials ultra-light. The metal foam materials are of high strength due to the square-cube law.

Metal foams have gained considerable importance in recent years due to their increasing adoption across various end-user industry verticals. Metal foams offer various useful properties such as high strength and porosity, energy absorption, and high impact resistance. These features enable metal foams to be employed in different applications. Some places where meal foams are utilized include heat exchangers, anti-intrusion bars, and sound absorbers.
Metal Foam Market: Dynamics and Trends
The metal foam market is estimated to expand due to its increasing applications in various industry verticals due to the superior properties of metal foam over conventional materials. Metal foams offer more strength and lower weight than standard metals. They are frequently employed in the manufacturing of low-weight automotive parts, as metal foams are lightweight. Furthermore, metal foams exhibit greater thermal conductivity; hence, they are utilized in heat exchangers for uniform heat transfer. Metal foams also exhibit exceptional ability to absorb energy at almost constant pressures. Moreover, open-cell metal foams have the potential to absorb sound. All the properties mentioned above of metal foams are superior to ordinary metals, and these features are estimated to drive the market in the near future.
Rising usage of metal foams in the automotive industry is projected to significant opportunities for new entrants into the market in the near future. Increasing demand for lightweight vehicles is anticipated to accelerate the demand for metal foams and provide considerable opportunities for new entrants in the near future.
Metal Foam Market: Segmentation
In terms of type, the metal foam market has been segmented into open cell metal foam and closed cell metal foams. The open cell metal foam segment is estimated to account for a considerable share of the market due to the increasing applications in the automotive industry.
In terms of material, the market can be segmented into aluminum, nickel, copper, titanium, and others. The aluminum segment is projected to hold a major share of the market. Aluminum is capable of offering various useful properties such as thermal and electrical conductivity, corrosion resistance, and high porosity as compared to other materials.
Fill the form to gain deeper insights on this market @ https://goo.gl/jr34PR
In terms of end-user industry, the metal foam market can be segmented into automotive, manufacturing, construction, healthcare, and others. The automotive industry segment is anticipated to have the highest market size, during the forecast period. Rising demand for metal foams to reduce the weight of automobiles is estimated to drive the segment in the near future.
Metal Foam Market: Regional Outlook
Geographically, Asia Pacific is estimated to hold a major share of the metal foam market by the end of forecast period. Rising disposable income of the people in the region and increased interest toward purchasing automobiles is likely to contribute significantly to the expansion of the automotive industry in the region. This, in turn, is estimated to boost the metal foam market in the near future. Moreover, this demand for metal foam is projected to present significant opportunities, and thereby encourage new entrants from the region into the market.
Metal Foam Market: Key Players
Key players operating in the metal foam market include American Elements, ERG Aerospace Corporation, Shanxi Putai Aluminum Foam Manufacturing Co., Ltd., and Admatis Ltd.

Comments

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players. Acco