The report [119 Pages] "Metal Foam Market by Application (Anti-intrusion Bars, Heat Exchangers, Sound Absorbers), End-Use Industry (Automotive, Construction & Infrastructure, Industrial), Material (Aluminum, Nickel, Copper), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the metal foam market is projected to reach USD 99.8 Million by 2022, at a CAGR of 4.05% from 2017 to 2022.
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Objectives of the Study
The automotive industry is the largest consumer of metal foams globally, both in terms of value and volume. Metallic foams are increasingly used in anti-intrusion bars and bumpers in vehicles. These foams are light in weight and provide strength and stiffness. The metal foams' low weight also helps in reducing the weight of vehicles, which, in turn, leads to better fuel consumption.
Aluminum foam segment accounts for the largest share of the metal foam market
By material, the aluminum foam segment accounts for the largest share of the metal foam market. Aluminum is the most widely used material in the metal foam market. It offers various useful properties, such as thermal conductivity, electrical conductivity, high porosity, and corrosion resistance.
Asia-Pacific is estimated to account for the major share of the metal foam market during the forecast period
The metal foam market is expected to witness the highest growth in the Asia-Pacific region during the forecast period. Several key market players, such as Hunan Ted New Material Company Ltd. (China), Alantum Corporation (South Korea), and Shanghai Zhonghui Foam Aluminum Co. Ltd. (China), are present in this region. The growth of the metal foam market in the region can be attributed to the presence of these prominent players.
Drivers & Opportunities in global industry:
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About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Get PDF brochure of report : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49262868
Objectives of the Study
- To define, describe, and forecast the metal foam market size, in terms of value and volume
- To identify and segment the metal foam market on the basis of application, material, end-use industry, and region
- To analyze significant region-specific market trends in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa (MEA)
- To provide detailed information regarding major factors influencing the growth of the metal foam market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically profile and analyze key market players and their core competencies
- To analyze recent market developments, such as agreements/partnerships, mergers & acquisitions, new product launches, and expansions in the metal foam market
The automotive industry is the largest consumer of metal foams globally, both in terms of value and volume. Metallic foams are increasingly used in anti-intrusion bars and bumpers in vehicles. These foams are light in weight and provide strength and stiffness. The metal foams' low weight also helps in reducing the weight of vehicles, which, in turn, leads to better fuel consumption.
Aluminum foam segment accounts for the largest share of the metal foam market
By material, the aluminum foam segment accounts for the largest share of the metal foam market. Aluminum is the most widely used material in the metal foam market. It offers various useful properties, such as thermal conductivity, electrical conductivity, high porosity, and corrosion resistance.
Asia-Pacific is estimated to account for the major share of the metal foam market during the forecast period
The metal foam market is expected to witness the highest growth in the Asia-Pacific region during the forecast period. Several key market players, such as Hunan Ted New Material Company Ltd. (China), Alantum Corporation (South Korea), and Shanghai Zhonghui Foam Aluminum Co. Ltd. (China), are present in this region. The growth of the metal foam market in the region can be attributed to the presence of these prominent players.
Drivers & Opportunities in global industry:
- Superior Properties Offered By Metal Foam
- Increasing Usage of Metal Foam in Various Applications
- Increasing Usage of Metal Foam in Automotive Industry
Early buyers will receive 10% customization on this report.
Don't miss out on business opportunities in Metal Foam Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=49262868
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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