The global ceramic foams market was valued at US $ 34255 Mn in 2017 and is expected to reach US $ 517 M by 2026, with a CAGR of 528% during a forecast period
The objective of the report is to present a comprehensive assessment of the market and contains information, facts, historical data, industry validated market data, and projections with an appropriate set of assumptions and methodology The report also helps in understanding the dynamics and structure of the Ceramic Foam market by identifying and analyzing market segments by end user, types, application, and region and projecting the size of the global market.In addition, the report also focuses on Competitive analysis of major players by materials, price, financial position, materials portfolio, growth strategies and regional presence The report also provides PEST analysis, PORTER analysis and SWOT analysis to address the issue of shareholders to prioritize efforts and investments in the near future in a particular market segment
Ceramic foam is usually made from aluminum oxide, where oxide and non-oxide aluminum oxide is used to make ceramic foam.Open cell polymer foam is saturated with ceramic paste and then fired in an oven, leaving only the ceramic material forming the ceramic foam This ceramic foam is resistant and can be used at very high temperatures
Ceramic foam insulation has low density, high strength and excellent thermal shock resistance, playing an important role in high temperature insulation Ceramic foam insulation is an excellent substitute for ceramic fiber mullite and alumina and aluminosilicate They are widely used in metallurgical industry filters, & thermal sound insulating material and automobile exhaust gas purification due to its attractive features such as low thermal conductivity, improved filtering capabilities and high temperature resistance
The increase in the use of ceramic foams in different industries is an important market driver In addition, the use of ceramic foams in pollution control has fueled the demand for ceramic foams during the period of forecast Nevertheless, the production cost of ceramic foam is high due to the high price of raw material and production technique which hamper the growth of the market. Advances in production technique to develop better quality ceramic foams are expected stimulate opportunities in the market
On the basis of type, silicon carbide was the largest type segment of the ceramic foams market in 2017 and is also expected to dominate throughout the forecast period Silicon carbide has properties such as high strength, low thermal expansion, excellent thermal shock resistance, high wear resistance and high chemical resistance, which makes it a material for ceramic foams in iron casting application Ceramic foams based on silicon carbide were the largest type of ceramic foams consumed in 2017
In terms of application, molten metal filtration holds the largest application segment of ceramic foams market in 2017 The growth in production of cast iron, steel and aluminum, due to their demand across all industrial verticals, is expected to drive the global market for ceramic foams for molten metal filtration
The foundry was the largest end-use industry segment of the global ceramic foams market The increase in production of consumer electronics and automotive products resulting from the rapidly changing economies across the world is expected to drive the growth of foundry industry, thereby propelling the growth of the ceramic foams market
Geographically, Asia-Pacific was the largest market for ceramic foams in 2017 and this market in APAC region is expected to grow at the highest CAGR during the forecast period Growth in production of metal castings, particularly in India and China, has boosted demand for ceramic foams in the region
The report study analyzed the revenue impact of the covid-19 pandemic on the sales revenue of market leaders, market followers and disruptors in the report and this is reflected in our analysis
Scope of the global ceramic foams market:
• Filtration of molten metals
• Thermal acoustic insulation &
• Automotive exhaust filters
• Others
Global Ceramic Foam Market, By End User:
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• South America
Key players operating in the global ceramic foams market:
• Ultramet
• Vesuvius Plc
• SELEE Corporation
• ERG Aerospace Corp
• Saint-Gobain high performance refractories
• Pyrotek
• Induceramics
• LANIKro
• Drache GmbH
• Baoding Ningxin New Material Co, Ltd
• Ferro-Term Sp z oo
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World News – GB – Global Ceramic Foam Market: Industry Analysis and Forecast (2018- 2026) – By type, end-user, application and region – re: Jerusalem
