A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Metal
Foams
Market. The
study, titled “Metal
Foams Market - Global Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
A
metal foam is a cellular structure consisting of a solid metal with
gas-filled pores present over a large portion of the volume. The
pores are sealed or interconnected depending on the method of
production. The metals that are used to make metal foams include
aluminum, titanium, and tantalum. Metal foams have many unique
properties that make them an attractive material for components in
machines, vessels, and other vehicles, mass products found primarily
in cars – car body elements absorbing impact energy, increasing
stiffness, and improving the comfort of usage by reducing vibration
and noise.
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Market Research Report @
In
terms of method, the metal foams market can be divided into powder
metallurgy, electro chemical deposition, vacuum vaporization, and
casting method. In 2016, the powder metallurgy segment accounted for
a significant share in the global metal foams market due to high
yield and superior quality of the end product. The low production
cost is estimated to drive the powder metallurgy segment of the metal
foams market during the forecast period. Increasing demand for metal
foams in end-use industries such as automotive, aerospace,
construction, etc., is anticipated to boost the demand for metal
foams.
In
terms of end-use, the metal foams market can be segmented into
automotive, aerospace, construction, Industrial, and consumer goods.
In 2016, the automotive end-use industry segment held a significant
share in the global metal foams market due to rising application of
metal foams in the automotive industry. The major application of
metal foams in the automotive industry is to reduce vibration and
noise. In the construction industry, metal foams are employed to
absorb sound.
In
terms of region, the global metal foams market can be segmented into
Asia Pacific, North America, Europe, Middle East & Africa, and
Latin America. Asia Pacific was a major market for metal foams in
2016. It is estimated to expand due to the rising number of end-use
industries in the region. Increasing demand for metal foams in the
automotive sector is also likely to drive the market in Asia Pacific
during the forecast period. The U.S. and China are likely to account
for major shares in the metal foams market in North America and Asia
Pacific, respectively, due to the evolution in fabrication in these
countries. The global market is anticipated to witness a shift from
developed countries to the developing economies of Asia due to
expansion in the construction sector in the region. China and India
are projected to register a high growth rate in the metal foams
market due to the advancements in the end-use sectors, technological
developments, and wide expansion in application range in these
countries. This, in turn, is anticipated to create a significant
demand for metal foams in Asia Pacific during the forecast period.
The
global demand for metal foams is anticipated to rise significantly in
the near future, offering immense growth opportunities for the
market. The rapid rise in demand for this product in end-use
applications, its competitive manufacturing costs, and the high
economic growth rates are key factors propelling the metal foams
market in Asia Pacific and attracting companies to adopt expansion
and R&D strategies in the region. Market players are focusing on
Asia Pacific to gain substantial market share. Producers of metal
foams have been compelled to adopt expansion and acquisition
strategies to meet the global demand. Several producers are shifting
their plants to China and India due to the high demand and low raw
material & labor costs in these countries. The developments in
various end-use sectors in the region are predicted to fuel the need
for metal foams during the forecast period.
Get
accurate market forecast and analysis on the Metal Foams market.
Request a sample to stay abreast on the key trends impacting this
market@
Key
players operating in the global market include BASF SE, Evonik
Industries, Rogers Corporation, SABIC Innovative Plastics, Armacell
International, Stylepark AG, and Alantum.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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