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Oct 7, 2019 6:30 PM ET

Worldwide Comprehensive Review of Metal Foam Market Trends and Its Development


iCrowd Newswire - Oct 7, 2019

The metal foam market is anticipated to grow in the forecast period owing to driving factors such as high demands from the automotive sectors where the product is used in manufacturing parts to reduce vibration, improve stiffness, and absorbing impact energy and ensuring passenger safety during collision. Light-weight attribute of the product resulting in reduced vehicle weight and improving fuel economy is another major factor boosting the growth of the metal foam market. However, high material costs hinder the market growth. Nonetheless, rapid growth in the aerospace industry offers significant growth opportunity for the players involved in the metal foam market during the forecast period.

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Metal foams are cellular structures made out of metals with high strength to weight ratio. These are mostly made from aluminum, nickel, and copper. Metal foams are used for sound-proofing and crash protection application. In electronics, metal foams can be used as heat sinks. Metal foams are characterized by very high porosity with around 70-95% of volume constituting of void spaces. These are ultra-light materials with high compression strength and good energy absorption properties. Owing to these properties the metal foams are used in variety of applications including heat-exchangers, bio-chemical implants, light-weight structures, mechanical damping devices, sound absorbers among others.

Some of the key players influencing the market are:

 

The report also includes the profiles of key metal foam companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

MARKET SCOPE:

The “Global Metal Foam Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of metal foam market with detailed market segmentation by material, application, end-use industry, and geography. The global metal foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal foam market players and offers key trends and opportunities in the market.

 

 

MARKET SEGMENTATION:

 

 

REGIONAL FRAMEWORK:

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global metal foam market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The metal foam market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

 

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Keywords:    Metal Foam Market

Tags:    Research Newswire, English