Metal Foam Market Analysis

End-Use (Automotive, Construction, Healthcare, Industrial, Aerospace)

Automotive segment is set to capture metal foam market share of over 35% by 2037. A foam metal is a type of cell structure made of a robust metal, such aluminum, with a large volume of gas-filled pores.

Metallic foams are mostly used in automobiles to reduce weight, improve energy absorption during collisions, boost sound dampening, and, in military applications, lessen the impact of IEDs. In April 2022 to March 2023, the industry produced 2,59,31,867 vehicles, including passenger cars, commercial vehicles, three-wheelers, two-wheelers, and quadricycles, compared to 2,30,40,066 units in April 2021 to March 2022.

Because it usually retains some of the physical characteristics of its base material, foam formed from non-flammable metal stays non-flammable and can be recycled as the basis material.
In Asia-Pacific automobile sector will increase dramatically due to the region's massive population growth, rising per capita income, and economic progress in nations like China, India, and other ASEAN countries.

Material (Aluminium, Nickel, Magnesium, Zinc, Titanium, Copper)

Copper segment in the metal foam market is estimated to witness substantial CAGR till 2037. Copper foam has great anti-corrosion properties, high energy resistance, and good conductivity. This material's electromagnetic shielding and noise absorption properties make it useful in a variety of applications.

With a porosity of 85%, the produced open-cell copper foam has over 90% energy absorption efficiency. It is mostly used as a buffering material in pressure-reducing systems that use pressure gauges. It also aids in the absorption of vibrations, thermal insulation, and other beneficial components. The need for copper foam material ought to rise as a result of these qualities.

Our in-depth analysis of the global market includes the following segments: