PUBLISHER: Allied Market Research | PRODUCT CODE: 1179527
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179527
The global ceramic foam market was valued at $419.4 million in 2021, and is projected to reach $797.6 million by 2031, growing at a CAGR of 6.7% from 2022 to 2031.
Ceramic foams are tough foams made up from the ceramics and processed foam of ceramics. It has a high permeability, porosity, thermally stable, and good source of acoustic insulation. It finds application in various industries such as, automotive constriction, aerospace, electronics, and others. Silicone oxide, aluminum oxide, zirconium oxide, and others are the types of ceramic foams available in the market.
Sustainable economic growth coupled with increase in demand for consumer goods has led the automotive & electronics sector to witness a significant increase in demand for ceramic foams, where ceramic foams are widely used as a coolant, and automotive exhaust filtration applications. In addition, it is extensively used in the manufacturing process of batteries, electrodes, scaffolds, and among others. Furthermore, increase in investments in building infrastructure in countries such as the U.S., China, Japan, Mexico, and India, have led the building & construction sector to witness a significant growth where ceramic foams are used for decorative, interior and exterior walls, ceiling, and thermal & acoustic insulation purposes. These factors may drive the growth of the ceramic foam market during the forecast period.
However, high technological and production cost may hamper the growth of the market. In addition, manufacturing process of ceramic foam is complicated, and requires huge expenditure for establishing manufacturing plants. These factors are expected to restrain the market growth during the forecast period. On the contrary, the increasing adoption of ceramic foams in the dental industry for restoration, implantation, crowns, dental prostheses and others is anticipated to increase the demand for ceramic foam; thus, creating lucrative opportunities for the market.
The ceramic foam market is segmented on the basis of type, application, end-use, and region. On the basis of type, the market is categorized into aluminum oxide, zirconium oxide, silicon carbide, and other. On the basis of application, it is divided into automotive exhaust filter, thermal and acoustic insulation, molten metal filtration, catalyst support, furnace lining, and other. On the basis of end-use, the market is classified into foundry, construction, automotive, pollution control and chemical synthesis, and other. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The global ceramic foam market profiles leading players that include AdTech Metallurgical Materials Co., Ltd., Advanced Ceramic Materials, Altech Alloys India Pvt. Ltd., Drache Umwelttechnik GmbH, ERG Aerospace Corporation, FCRI Ceramics Testing & Technology Service Co., LTD, Galaxy Enterprise, LANIK s.r.o., Patronage, Pyrotek, Saint Gobain, SELEE Corporation, Tec Ceramic Solutions, Ultramet, and Wunder-Mold, Inc. The global ceramic foam market report provides in-depth competitive analysis as well as profiles of these major players.
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