Global Aluminum Foam Market, Trends & Growth Opportunity, By Type (Closed-Cell Foam, Open-Cell Foam, Others), By Application (Heat Exchange, Sound Absorption, Filtration, Others), By End Use (Construction, Automotive, Defense, Others), By Region and Forecast till 2030.
Global Aluminum Foam Market
The Global Aluminum Foam Market was valued at USD 44.62 Mn in 2022 and is expected to expand to USD 64.14 Mn by 2030 at a CAGR of 4.53% during the forecast period of 2023-2030.
Aluminum foam is a material or structure that consists of solid aluminum with gas-filled pores that make up a large portion of the volume. The pores can be sealed (closed-cell foam) or interconnected (open-cell foam). Metal foams are distinguished by their high porosity. Typically, the base metal accounts for only 5-25% of the total volume. These materials are commonly used for heat exchange, sound absorption, filtration, etc.
Market Drivers
The global aluminum foam market is driven by the attractive properties of the material. Aluminum foams are commonly utilized for sound and energy absorption. They have low specific weight, high stiffness, as well as high compression strength, high porosity, and low thermal conductivity. Even when deformed, they are capable of withstanding a large amount of mechanical energy. Aluminum foams are also more resistant to collapse than polymer-based foams.
The expansion of the automotive industry worldwide is another leading factor driving the growth of the aluminum foam market. A lightweight material, aluminum foams have the potential to significantly decrease vehicle weight.
Market Restraints
The aluminum foam market may be restrained by the difficulty in welding, bonding, and soldering aluminum foam. The cellular structure of aluminum foams makes cutting and bonding difficult. Due to the non-uniform fusion of the aluminum foam's thin-walled skeletal structure and its varying pore size, welding aluminum foam is also quite challenging. Moreover, its irregular pore shape makes soldering difficult. The soldering process is made more difficult by the foams’ properties such as low melting point, large shrinkage, high thermal conductivity, and expansion.
Market Segmentation
The global aluminum foam market is segmented by types, such as closed-cell foam, open-cell foam, and others. Based on application, the market is segmented into heat exchange, sound absorption, filtration, and others. Further, the market is segmented based on end use, such as construction, automotive, defense, and others.
Regional Analysis
The aluminum foam market share is likely to be led by the Asia Pacific region during the forecast period. This is due to the expanding automotive and construction industries in the region. The presence of several manufacturers in these regions is expected to drive the demand for aluminum foams.
Key Players
Cymat Technologies Ltd, Nanoshel LLC, Alantum, Aluinvent Ltd., ERG Aerospace Corporation, Pohltec Metalfoam GmbH, Shanxi Putai Aluminum Foam Manufacturing Co Ltd, Hollomet GmbH, American Elements Corporation, Liaoning Rontec Advanced Material Technology Co Ltd, VIM Technology Ltd, Beihai Composite Materials Co Ltd, Havel Metal Foam GmbH, Composite Materials Ltd, Aluminum King Co Ltd, Mayser GmbH & Co. KG.
Market Taxonomy
By Type
• Closed-Cell Foam
• Open-Cell Foam
• Others
By Application
• Heat Exchange
• Sound Absorption
• Filtration
• Others
By End Use
• Construction
• Automotive
• Defense
• Others
By Region
• North America (USA, Canada, Mexico)
• Europe (Germany, France, UK, Rest of Europe)
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)
Global Aluminum Foam Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aluminum Foam Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aluminum Foam Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Aluminum Foam Market Share Analysis, By Type
5.3 Global Aluminum Foam Market Size and Forecast, By Type
5.3.1 Closed-Cell Foam
5.3.2 Open-Cell Foam
5.3.3 Others
6 Global Aluminum Foam Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Aluminum Foam Market Share Analysis, By Application
6.3 Global Aluminum Foam Market Size and Forecast, By Application
6.3.1 Heat Exchange
6.3.2 Sound Absorption
6.3.3 Filtration
6.3.4 Others
7 Global Aluminum Foam Market, By End Use
7.1 Y-o-Y Growth Comparison, By End Use
7.2 Global Aluminum Foam Market Share Analysis, By End Use
7.3 Global Aluminum Foam Market Size and Forecast, By End Use
7.3.1 Construction
7.3.2 Automotive
7.3.3 Defense
7.3.4 Others
8 Global Aluminum Foam Market, By Region
8.1 Global Aluminum Foam Market Share Analysis, By Region
8.2 Global Aluminum Foam Market Size and Forecast, By Region
9 North America Aluminum Foam Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Aluminum Foam Market Share Analysis, By Type
9.3 North America Aluminum Foam Market Size and Forecast, By Application
9.4 North America Aluminum Foam Market Size and Forecast, By End Use
9.5 North America Aluminum Foam Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Aluminum Foam Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Aluminum Foam Market Share Analysis, By Type
10.3 Europe Aluminum Foam Market Size and Forecast, By Application
10.4 Europe Aluminum Foam Market Size and Forecast, By End Use
10.5 Europe Aluminum Foam Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Aluminum Foam Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Aluminum Foam Market Share Analysis, By Type
11.3 Asia Pacific Aluminum Foam Market Size and Forecast, By Application
11.4 Asia Pacific Aluminum Foam Market Size and Forecast, By End Use
11.5 Asia Pacific Aluminum Foam Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia
12 Latin America Aluminum Foam Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Aluminum Foam Market Share Analysis, By Type
12.3 Latin America Aluminum Foam Market Size and Forecast, By Application
12.4 Latin America Aluminum Foam Market Size and Forecast, By End Use
12.5 Latin America Aluminum Foam Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Aluminum Foam Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Aluminum Foam Market Share Analysis, By Type
13.3 Middle East Aluminum Foam Market Size and Forecast, By Application
13.4 Middle East Aluminum Foam Market Size and Forecast, By End Use
13.5 Middle East Aluminum Foam Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Cymat Technologies Ltd
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Nanoshel LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Alantum
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Aluinvent Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 ERG Aerospace Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Pohltec Metalfoam GmbH
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Shanxi Putai Aluminum Foam Manufacturing Co Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Hollomet GmbH
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 American Elements Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Liaoning Rontec Advanced Material Technology Co Ltd
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 VIM Technology Ltd
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 Beihai Composite Materials Co Ltd
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies
15.13 Havel Metal Foam GmbH
15.13.1 Overview
15.13.2 Offerings
15.13.3 Key Financials
15.13.4 Business Segment & Geographic Overview
15.13.5 Key Market Developments
15.13.6 Key Strategies
15.14 Composite Materials Ltd
15.14.1 Overview
15.14.2 Offerings
15.14.3 Key Financials
15.14.4 Business Segment & Geographic Overview
15.14.5 Key Market Developments
15.14.6 Key Strategies
15.15 Aluminum King Co Ltd
15.15.1 Overview
15.15.2 Offerings
15.15.3 Key Financials
15.15.4 Business Segment & Geographic Overview
15.15.5 Key Market Developments
15.15.6 Key Strategies
15.16 Mayser GmbH & Co. KG
15.16.1 Overview
15.16.2 Offerings
15.16.3 Key Financials
15.16.4 Business Segment & Geographic Overview
15.16.5 Key Market Developments
15.16.6 Key Strategies
