The global ceramic foams market size was USD 407.33 Million in 2020 and is expected to register a revenue CAGR of 5.3% during the forecast period. increasing application of ceramic foams as filters in metal casting industry, shifting preference towards thermally insulated and soundproof residential and commercial infrastructure, and increasing usage of ceramic foams in controlling environmental pollution are some major factors driving market revenue growth. Ceramic foam is hardened foam created from different types of oxidized or non-oxidized ceramics such as titanium oxide, silicon carbide, and aluminum oxide. It has multiple properties including low thermal conductivity, extreme filtration capabilities, and high temperature resistance. Ceramic foams are widely used in different industrial applications such as pollutant absorption, acoustic and thermal insulation, and molten alloy filtering.
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Top Players in the Global Ceramic Foams Market:
Ultramet, Vesuvius Plc, SELEE Corporation, ERG Aerospace Corp, Saint-Gobain High-Performance Refractories, Pyrotek, Induceramics, Drache GmbH, Pingxiang Yingchao Chemical Packing Co Ltd., and Baoding Ningxin New Material Co., Ltd.
Some of the widely used materials that are used in the production of ceramic foams are silicon carbide, aluminum oxide, zirconium oxide, and others. Silicon carbide-based ceramic foam is a low density permeable material. It offers high porosity, mechanical strength, thermal conductivity, oxidation resistance, and corrosion resistance. Aluminum oxide offers low thermal conductivity, high corrosion resistance, excellent vibration, and noise absorption properties. It is primarily used in manufacturing chemical beds and scrubbers, heat exchangers, filters and mist eliminators, and battery plates. Zirconium oxide or zirconia is a white colored crystalline oxide of zirconium. It has high thermal conductivity, and mechanical resistance properties. It is used in the molten steel filtration process to prevent corrosion.
Increasing industrialization, rising disposable income, increasing demand for consumer electronics and vehicles in developing countries are some key factors expected to continue to drive revenue growth of the global ceramic foams market over the forecast period.
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Market segmentation based on Type Outlook:
- Silicon Carbide
- Aluminum Oxide
- Zirconium Oxide
- Others
Application Outlook:
- Molten Metal Filtration
- Thermal & Acoustic Insulation
- Automotive exhaust Filters
End-Use Outlook:
- Foundry
- Chemical Synthesis & Pollution Control
- Building & Construction
- Automotive
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Ceramic Foams market over the forecast period?
- What are the major factors driving the global market revenue growth?
- Which are the leading manufacturers and suppliers in the global Ceramic Foams market?
- Which regional market is expected to lead in terms of revenue share in the global Ceramic Foams market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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