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Metal Foam Market

Metal Foam Market

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Metal Foam Market

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  1. Metal Foam Market: Insights, Top Manufacturers Analysis, Trend And Demand 2027 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Metal Foam Industry • As per Global Market Insights, Inc. estimates, the global metal foam market size is expected to surpass $96.5 million by 2027 • Robust demand for lightweight and high-strength machinery in the aerospace industry will give the global metal foam market size a significant boost over the forecast spell. Rapid urbanization and rising spending power of consumers across the globe have resulted in an increased demand for air travel, owing to high convenience and minimum travel time. This has, in turn, boosted the adoption of energy absorbers and heat exchangers that use metal foams sandwich to produce heat exchangers. • As compared to other types of metal foams as well as traditional fin heat exchangers, aluminum metal foam heat exchangers can provide highly effective cooling. The product has also been gaining widespread adoption in multiple aerospace components including cryogenic tank, flame arrester, filter, acoustics, CO2 scrubber, baffle, and air oil separate. These escalating metal foam applications in the aerospace sector will contribute to the rising product popularity in years ahead. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • How will low stiffness of titanium foams contribute to the growth of metal foam industry? • In terms of segmentation by product, the global metal foam market is classified into open-cell and closed-cell segments. Of these, the open-cell segment accounted for a major volume share in 2020 and is poised to depict a CAGR of more than 5% through 2027. The open-cell foam is used as a porous metal, while the closed-cell foam is adopted as a metal foam. The holes of the open-cell foam vary in size as per the desired application. • On the basis of material, the aluminum and titanium segments collectively held a volume share of over 60% in 2020. The cellular porous structure of metal foam is fabricated from aluminum, copper, titanium, zinc, and other sold metals, along with a large part of gas-filled pores. Furthermore, the titanium segment is slated to exhibit a CAGR of more than 4.5% through 2027, owing to its myriad benefits such as low stiffness, thereby avoiding bone resorption and subsequent loosening of the implant. It is a low-density, permeable material with a high porosity, with 75%-95% of its volume typically consisting of void spaces. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/3723 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • Will high foam usage in aerospace applications bolster the metal foam industry forecast? • With regards to the application spectrum, the global metal foam market from the aerospace segment accounted for a market share of above 10% in 2020 and is projected to amass hefty profits over the foreseeable future. The rapid product adoption in the aerospace industry can also be credited to its capability to protect the material against vibration, noise, heat, and radiation, alongside its good energy absorption characteristics. Furthermore, the product shows widespread application potential in building & construction, automotive, energy, healthcare, as well as other end-use sectors including railway, marine, and goods, among others. • However, high prices associated with the production of metal foams may create hindrance in the industry expansion in years to come, as they need several chemicals, machines, and other accessories, along with trained professionals. Request for customization:https://www.gminsights.com/roc/3723 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • Nanoshel, American Elements, Cnem Corporation, Bauer Cases, AlCarbon, Aluntam Corp, IWE Greifswald, Spectra-Mat, Inc., Erg Aerospace Corporation, Ultramet are some of the key players operating in the Metal Foam Market . © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Metal Foam Market @ https://www.gminsights.com/industry-analysis/metal-foam-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/3723 Request for customization: https://www.gminsights.com/roc/3723 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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