Global Metal Foam Market Size, Share, Trends, Industry Growth by Material (Aluminum, Copper, Nickel, Others), by Type (Open-Cell, Closed-Cell), by Application, by End-Use, by Region, and Forecast to 2027

Price: 3600/- USD | Last Updated: June 25th, 2023

The global metal foam market size is anticipated to witness a significant CAGR of over 4% over the forecast period 2021 to 2027. The increasing demands for metal foam in various end-use industries such as automotive and construction is a primary factor to drive the market growth. Furthermore, the properties associated with the product such as thermal management, shock-absorption, and electrical efficiency are further expected to increase the demand for metal foam in various industries. Moreover, the advantages featured by the product such as lightweight, high strength, toughness, and cost-effectiveness are expected to increase the demand for metal foam in the transportation industry, which is driving the market growth.

Market Drivers:

Lightweighting and Fuel Efficiency: Metal foams offer a high strength-to-weight ratio, making them attractive for industries seeking lightweight materials. The automotive and aerospace industries, in particular, are driving the demand for metal foams as they seek to reduce vehicle weight and improve fuel efficiency.

Impact Absorption and Safety Applications: Metal foams have excellent energy absorption properties, making them ideal for applications where impact protection and safety are critical. These foams are used in areas such as automotive crash pads, sports protective gear, military and defense equipment, and blast mitigation systems.

Thermal Management and Heat Transfer: Metal foams possess superior thermal conductivity, making them effective in thermal management applications. They are used for heat sinks, electronic cooling, heat exchangers, and insulation in industries such as electronics, power generation, and HVAC systems.

Acoustic Insulation and Noise Reduction: Metal foams exhibit excellent sound absorption properties due to their porous structure. They are used for acoustic insulation and noise reduction in applications such as automotive mufflers, building construction, and industrial equipment.

Increased Awareness of Sustainable Materials: The demand for sustainable materials is growing across industries. Metal foams, particularly those made from recycled materials, offer environmental benefits by reducing material consumption, improving energy efficiency, and supporting circular economy practices.

Growing Interest in Additive Manufacturing: Metal foams can be produced through additive manufacturing (3D printing) techniques, enabling the production of complex shapes and customized designs. The advancements in additive manufacturing technologies have expanded the potential applications and possibilities for metal foams.

Enhanced Mechanical Properties: Metal foams can exhibit enhanced mechanical properties, such as high strength, impact resistance, and stiffness. These properties make them suitable for structural applications in industries like construction, transportation, and defense.

Thermal and Electrical Conductivity: Metal foams with high thermal and electrical conductivity are in demand for applications such as heat sinks, electromagnetic shielding, and electrodes. They provide efficient heat dissipation and electromagnetic interference (EMI) shielding capabilities.

Advances in Manufacturing Technologies: Technological advancements in metal foam production, such as powder metallurgy, casting, and chemical vapor deposition (CVD), have improved the manufacturing process, reduced production costs, and increased the scalability of metal foams.

Research and Development Efforts: Ongoing research and development activities in the field of metal foams are driving innovation and expanding the potential applications of these materials. Efforts are being made to improve the properties, optimize manufacturing processes, and develop new metal foam compositions for specific industrial needs.

Market Snapshot:

Benchmark Year 2022
Market Size lock
Market Growth (CAGR) > 4% (2023-2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players ERG Aerospace Corporation, Admatis Ltd., Cymat Technologies Ltd., Mott Corporation, and Armacell

Market Insights:

The global metal foam market is bifurcated into the material, type, application, end-use, and geography. On the basis of material, the market is further segmented into aluminum, copper, nickel, and others. The aluminum segment dominated the global market in 2020 and accounted to hold the largest revenue share of over half of the market by the end of the analysis period. The increasing demand for aluminum foam in the automotive industry to reduce vehicle weight is a prominent factor to drive the segment growth. Furthermore, the widespread use of aluminum foam in various applications such as construction, aerospace, automotive, and other industrial applications is expected to fuel the segment growth over the forecast period.

Based on the end-user, the market is segmented into automotive, construction & infrastructure, industrial, and others. The automotive segment dominated the global metal foam market in 2020 and accounted to hold the largest market share of over one-third of the market. The segment is also expected to register the fastest growth rate over the forecast period. The increasing demand for fuel efficiency, high performance, and lightweight vehicles are some of the major factor to drive the segment growth. Furthermore, the increasing sale of automobiles in developing economies and the stringent government regulations regarding CO2 emission are further expected to drive the segment growth over the forecast period.

Metal Foam Market Growth

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The metal foam comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The metal foam market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Market Segmentation:

By Material:

  • Aluminum
  • Copper
  • Nickel
  • Others

By Type:

  • Open-Cell Foam
  • Closed-Cell Foam

By Application:

  • Anti-intrusion Bars
  • Heat Exchangers
  • Sound Insulation
  • Others

By End-Use Industry:

  • Automotive
  • Construction & infrastructure
  • Industrial
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the Asia Pacific dominated the global metal foam market in 2020 and accounted to hold the largest revenue share of over one-third of the market by the end of the analysis period. The rapid growth automotive industry in developing economies is a major factor to drive the market growth in the region. The growing population and the increasing disposable income per capita are further expected to drive the automotive industry. Furthermore, the presence of some major players such as ERG Aerospace Corp, Admatis Ltd, and Alantum Crop. is further expected to fuel the market in the Asia Pacific.

Competitive Assessment:

Some of the major market players operating in the global metal foam market are ERG Aerospace Corporation, Admatis Ltd., Cymat Technologies Ltd., Mott Corporation, and Armacell. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • ERG Aerospace Corporation
  • Admatis Ltd.
  • Cymat Technologies Ltd.
  • Mott Corporation
  • Armacell
  • Havel Metal Foam GmbH
  • Mayser GmbH & Co. KG
  • Pohltec Metalfoam GmbH
  • Ultramet, Inc.
  • Aluntum Corp.

Key Questions Answered by Metal Foam Market Report

  • Global metal foam market forecasts from 2021-2027
  • Regional metal foam market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
  • Metal foam submarket forecasts from 2021-2027 covering the market by material, by type, by application, by end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about metal foam market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level metal foam markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the metal foam market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Metal Foam Market Portraiture
2.2. Global Metal Foam Market, by Material, 2020 (USD Mn)
2.3. Global Metal Foam Market, by Type, 2020 (USD Mn)
2.4. Global Metal Foam Market, by Application, 2020 (USD Mn)
2.5. Global Metal Foam Market, by End-Use, 2020 (USD Mn)
2.6. Global Metal Foam Market, by Geography, 2020 (USD Mn)

 

3. Global Metal Foam Market Analysis


3.1. Metal Foam Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Metal Foam Market By Material, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Aluminum
4.3. Copper
4.4. Nickel
4.5. Others

 

5. Global Metal Foam Market By Type, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Open-Cell Foam
5.3. Closed-Cell Foam

 

6. Global Metal Foam Market By Application, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Anti-intrusion Bars
6.3. Heat Exchangers
6.4. Sound Insulation
6.5. Others

 

7. Global Metal Foam Market By End-Use, 2018 – 2027 (USD Mn)


7.1. Overview
7.2. Automotive
7.3. Construction & infrastructure
7.4. Industrial
7.5. Others (Aerospace, Defense, Medical)

 

8. North America Metal Foam Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. North America Metal Foam Market by Material (2018-2027 USD Mn)
8.1.3. North America Metal Foam Market by Type (2018-2027 USD Mn)
8.1.4. North America Metal Foam Market by Application (2018-2027 USD Mn)
8.1.5. North America Metal Foam Market by End-Use (2018-2027 USD Mn)
8.1.6. North America Metal Foam Market by Country (2018-2027 USD Mn)
8.1.6.1. U.S.
8.1.6.1.1. U.S. Metal Foam Market by Material (2018-2027 USD Mn)
8.1.6.1.2. U.S. Metal Foam Market by Type (2018-2027 USD Mn)
8.1.6.1.3. U.S. Metal Foam Market by Application (2018-2027 USD Mn)
8.1.6.1.4. U.S. Metal Foam Market by End-Use (2018-2027 USD Mn)
8.1.6.2. Canada
8.1.6.2.1. Canada Metal Foam Market by Material (2018-2027 USD Mn)
8.1.6.2.2. Canada Metal Foam Market by Type (2018-2027 USD Mn)
8.1.6.2.3. Canada Metal Foam Market by Application (2018-2027 USD Mn)
8.1.6.2.4. Canada Metal Foam Market by End-Use (2018-2027 USD Mn)

 

9. Europe Metal Foam Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Europe Metal Foam Market by Material (2018-2027 USD Mn)
9.1.3. Europe Metal Foam Market by Type (2018-2027 USD Mn)
9.1.4. Europe Metal Foam Market by Application (2018-2027 USD Mn)
9.1.5. Europe Metal Foam Market by End-Use (2018-2027 USD Mn)
9.1.6. Europe Metal Foam Market by Country (2018-2027 USD Mn)
9.1.6.1. Germany
9.1.6.1.1. Germany Metal Foam Market by Material (2018-2027 USD Mn)
9.1.6.1.2. Germany Metal Foam Market by Type (2018-2027 USD Mn)
9.1.6.1.3. Germany Metal Foam Market by Application (2018-2027 USD Mn)
9.1.6.1.4. Germany Metal Foam Market by End-Use (2018-2027 USD Mn)
9.1.6.2. U.K.
9.1.6.2.1. U.K. Metal Foam Market by Material (2018-2027 USD Mn)
9.1.6.2.2. U.K. Metal Foam Market by Type (2018-2027 USD Mn)
9.1.6.2.3. U.K. Metal Foam Market by Application (2018-2027 USD Mn)
9.1.6.2.4. U.K. Metal Foam Market by End-Use (2018-2027 USD Mn)
9.1.6.3. France
9.1.6.3.1. France Metal Foam Market by Material (2018-2027 USD Mn)
9.1.6.3.2. France Metal Foam Market by Type (2018-2027 USD Mn)
9.1.6.3.3. France Metal Foam Market by Application (2018-2027 USD Mn)
9.1.6.3.4. France Metal Foam Market by End-Use (2018-2027 USD Mn)
9.1.6.4. Italy
9.1.6.4.1. Italy Metal Foam Market by Material (2018-2027 USD Mn)
9.1.6.4.2. Italy Metal Foam Market by Type (2018-2027 USD Mn)
9.1.6.4.3. Italy Metal Foam Market by Application (2018-2027 USD Mn)
9.1.6.4.4. Italy Metal Foam Market by End-Use (2018-2027 USD Mn)
9.1.6.5. Rest of Europe
9.1.6.5.1. Rest of Europe Metal Foam Market by Material (2018-2027 USD Mn)
9.1.6.5.2. Rest of Europe Metal Foam Market by Type (2018-2027 USD Mn)
9.1.6.5.3. Rest of Europe Metal Foam Market by Application (2018-2027 USD Mn)
9.1.6.5.4. Rest of Europe Metal Foam Market by End-Use (2018-2027 USD Mn)

 

10. Asia Pacific Metal Foam Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Asia Pacific Metal Foam Market by Material (2018-2027 USD Mn)
10.1.3. Asia Pacific Metal Foam Market by Type (2018-2027 USD Mn)
10.1.4. Asia Pacific Metal Foam Market by Application (2018-2027 USD Mn)
10.1.5. Asia Pacific Metal Foam Market by End-Use (2018-2027 USD Mn)
10.1.6. Asia Pacific Metal Foam Market by Country (2018-2027 USD Mn)
10.1.6.1. China
10.1.6.1.1. China Metal Foam Market by Material (2018-2027 USD Mn)
10.1.6.1.2. China Metal Foam Market by Type (2018-2027 USD Mn)
10.1.6.1.3. China Metal Foam Market by Application (2018-2027 USD Mn)
10.1.6.1.4. China Metal Foam Market by End-Use (2018-2027 USD Mn)
10.1.6.2. Japan
10.1.6.2.1. Japan Metal Foam Market by Material (2018-2027 USD Mn)
10.1.6.2.2. Japan Metal Foam Market by Type (2018-2027 USD Mn)
10.1.6.2.3. Japan Metal Foam Market by Application (2018-2027 USD Mn)
10.1.6.2.4. Japan Metal Foam Market by End-Use (2018-2027 USD Mn)
10.1.6.3. Rest of Asia Pacific
10.1.6.3.1. Rest of Asia Pacific Metal Foam Market by Material (2018-2027 USD Mn)
10.1.6.3.2. Rest of Asia Pacific Metal Foam Market by Type (2018-2027 USD Mn)
10.1.6.3.3. Rest of Asia Pacific Metal Foam Market by Application (2018-2027 USD Mn)
10.1.6.3.4. Rest of Asia Pacific Metal Foam Market by End-Use (2018-2027 USD Mn)

 

11. Latin America (LATAM) Metal Foam Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. Latin America Metal Foam Market by Material (2018-2027 USD Mn)
11.1.3. Latin America Metal Foam Market by Type (2018-2027 USD Mn)
11.1.4. Latin America Metal Foam Market by Application (2018-2027 USD Mn)
11.1.5. Latin America Metal Foam Market by End-Use (2018-2027 USD Mn)
11.1.6. Latin America Metal Foam Market by Country (2018-2027 USD Mn)
11.1.6.1. Brazil
11.1.6.1.1. Brazil Metal Foam Market by Material (2018-2027 USD Mn)
11.1.6.1.2. Brazil Metal Foam Market by Type (2018-2027 USD Mn)
11.1.6.1.3. Brazil Metal Foam Market by Application (2018-2027 USD Mn)
11.1.6.1.4. Brazil Metal Foam Market by End-Use (2018-2027 USD Mn)
11.1.6.2. Mexico
11.1.6.2.1. Mexico Metal Foam Market by Material (2018-2027 USD Mn)
11.1.6.2.2. Mexico Metal Foam Market by Type (2018-2027 USD Mn)
11.1.6.2.3. Mexico Metal Foam Market by Application (2018-2027 USD Mn)
11.1.6.2.4. Mexico Metal Foam Market by End-Use (2018-2027 USD Mn)
11.1.6.3. Rest of Latin America
11.1.6.3.1. Rest of Latin America Metal Foam Market by Material (2018-2027 USD Mn)
11.1.6.3.2. Rest of Latin America Metal Foam Market by Type (2018-2027 USD Mn)
11.1.6.3.3. Rest of Latin America Metal Foam Market by Application (2018-2027 USD Mn)
11.1.6.3.4. Rest of Latin America Metal Foam Market by End-Use (2018-2027 USD Mn)

 

12. Middle East and Africa Metal Foam Market Analysis and Forecast, 2018 – 2027 (USD Mn)


12.1.1. Overview
12.1.2. MEA Metal Foam Market by Material (2018-2027 USD Mn)
12.1.3. MEA Metal Foam Market by Type (2018-2027 USD Mn)
12.1.4. MEA Metal Foam Market by Application (2018-2027 USD Mn)
12.1.5. MEA Metal Foam Market by End-Use (2018-2027 USD Mn)
12.1.6. Middle East and Africa Metal Foam Market, by Country (2018-2027 USD Mn)
12.1.6.1. GCC
12.1.6.1.1. GCC Metal Foam Market by Material (2018-2027 USD Mn)
12.1.6.1.2. GCC Metal Foam Market by Type (2018-2027 USD Mn)
12.1.6.1.3. GCC Metal Foam Market by Application (2018-2027 USD Mn)
12.1.6.1.4. GCC Metal Foam Market by End-Use (2018-2027 USD Mn)
12.1.6.2. South Africa
12.1.6.2.1. South Africa Metal Foam Market by Material (2018-2027 USD Mn)
12.1.6.2.2. South Africa Metal Foam Market by Type (2018-2027 USD Mn)
12.1.6.2.3. South Africa Metal Foam Market by Application (2018-2027 USD Mn)
12.1.6.2.4. South Africa Metal Foam Market by End-Use (2018-2027 USD Mn)
12.1.6.3. Rest of MEA
12.1.6.3.1. Rest of MEA Metal Foam Market by Material (2018-2027 USD Mn)
12.1.6.3.2. Rest of MEA Metal Foam Market by Type (2018-2027 USD Mn)
12.1.6.3.3. Rest of MEA Metal Foam Market by Application (2018-2027 USD Mn)
12.1.6.3.4. Rest of MEA Metal Foam Market by End-Use (2018-2027 USD Mn)

 

13. Company Profiles


13.1. ERG Aerospace Corporation
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Admatis Ltd.
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Cymat Technologies Ltd.
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Mott Corporation
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Armacell
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Havel Metal Foam GmbH
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Mayser GmbH & Co. KG
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Pohltec Metalfoam GmbH
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. Ultramet, Inc.
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Aluntum Corp.
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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