Market Overview:
The global aluminum foam market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and energy-efficient materials in automotive, aerospace, construction, and other applications. Aluminum foam is a lightweight material that offers excellent thermal insulation and acoustic properties. It is also corrosion-resistant and has good fire-resistance properties. These features make it an ideal material for use in various end-use applications. The compressed foam segment is expected to account for the majority of the market share during the forecast period owing to its high usage in automotive and aerospace applications. Special foams are used in niche applications such as medical implants, filters, gaskets, etc.
Product Definition:
Aluminum foam is a lightweight, porous material that is made from aluminum. It has a wide variety of applications, including insulation, fireproofing, and soundproofing.
Compressed Foam:
Compressed foam is a type of insulation material that is produced using a foaming process. In this process, the raw materials are mixed and then forced under high pressure through a channel at an extremely high speed. The end products have uniform thickness, good thermal properties, and low density. Compressed foam can be used in various industries including building & construction, automotive & transportation and consumer goods among others.
Special Foam:
Special foam is a type of polyurethane that is manufactured for various end-use industries such as insulation, soundproofing, and cushioning. It has several unique properties which make it suitable for use in these applications. Some of the key features include high thermal efficiency, excellent mechanical strength & durability along with superior acoustical properties making it ideal to be used in commercial & residential construction projects as well as automotive industry.
Application Insights:
The automotive application segment led the global aluminum foam market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The product is widely used in automotive applications, such as body structure, panels, hoods andbonnet closures, door panels (frames & doors), underbody floors/bases for vehicles with open or closed bodies, headliners and seat backs on sports cars and luxury vehicles among others.
Aluminum foams are lightweight compared to other materials used for vehicle manufacturing; this helps reduce overall vehicle weight which improves fuel efficiency thus reducing greenhouse gas emissions leading to lower carbon footprint. In additionfoam-based components can be designed lighter than their metal counterparts while maintaining strength requirements; this factor is expected to drive its demand from automobile manufacturers over the coming years. Howeverinvolving political issues related to tariffs imposed between Chinaand U.S.
Regional Analysis:
Asia Pacific aluminum foam market led the global industry and accounted for over 45% of the total volume in 2016. The region is expected to continue its dominance over the forecast period owing to growing automotive production, coupled with increasing investments in construction and aerospace industries.
The demand for aluminum foams from Europe was valued at USD X million in 2016, which was followed by North America with a share of 22%. Growing demand from end-use industries such as automotive & transportation, aerospace & defense has positively influenced product sales across this region.
North America is projected to witness significant growth during the forecast period on account of rising consumer spending on high-quality vehicles equipped with enhanced safety systems and lightweight components manufactured using advanced technologies such as hybrid electric vehicles (HEVs) and electric Vehicles (EVs). This trend is anticipated to drive product demand across this region during the forecast period.
Growth Factors:
- Increasing demand from the construction and automotive industries for lightweight and energy-efficient materials is expected to drive the growth of aluminum foam market over the forecast period.
- Rising awareness about the benefits of aluminum foam such as thermal insulation, noise reduction, and fire resistance is projected to propel its demand in various end-use industries.
- Growing use of aluminum foam in aircrafts for soundproofing and heat insulation is anticipated to create new opportunities for the market players over the next few years.
- Technological advancements in manufacturing processes are likely to boost growth of global aluminum foam market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Foam Market Research Report
By Type
Compressed Foam, Special Foam, Other
By Application
Automotive, Aerospace, Construction, Other
By Companies
Reade, Cymat Technologies, ECKA Granules (Kymera), Aluinvent, ERG Aerospace, Havel Metal Foam, American Elements, Aluminum King Company, Reade
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Foam Market Report Segments:
The global Aluminum Foam market is segmented on the basis of:
Types
Compressed Foam, Special Foam, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Construction, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Reade
- Cymat Technologies
- ECKA Granules (Kymera)
- Aluinvent
- ERG Aerospace
- Havel Metal Foam
- American Elements
- Aluminum King Company
- Reade
Highlights of The Aluminum Foam Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compressed Foam
- Special Foam
- Other
- By Application:
- Automotive
- Aerospace
- Construction
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Foam Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum foam is a type of insulation that is made from aluminum powder and water. It is often used in place of traditional insulation such as fiberglass, cellulose, or wool. Aluminum foam can be heat-sealed and cut to fit specific needs, making it an ideal choice for retrofitting existing structures.
Some of the major companies in the aluminum foam market are Reade, Cymat Technologies, ECKA Granules (Kymera), Aluinvent, ERG Aerospace, Havel Metal Foam, American Elements, Aluminum King Company, Reade.
The aluminum foam market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Foam Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Foam Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Foam Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Foam Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Foam Market Size & Forecast, 2018-2028
4.5.1 Aluminum Foam Market Size and Y-o-Y Growth
4.5.2 Aluminum Foam Market Absolute $ Opportunity
Chapter 5 Global Aluminum Foam Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminum Foam Market Size Forecast by Type
5.2.1 Compressed Foam
5.2.2 Special Foam
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Foam Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminum Foam Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Construction
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Foam Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Foam Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminum Foam Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Foam Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminum Foam Market Size Forecast by Type
9.6.1 Compressed Foam
9.6.2 Special Foam
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminum Foam Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Construction
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminum Foam Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Foam Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminum Foam Market Size Forecast by Type
10.6.1 Compressed Foam
10.6.2 Special Foam
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminum Foam Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Construction
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminum Foam Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Foam Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminum Foam Market Size Forecast by Type
11.6.1 Compressed Foam
11.6.2 Special Foam
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminum Foam Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Construction
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminum Foam Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Foam Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminum Foam Market Size Forecast by Type
12.6.1 Compressed Foam
12.6.2 Special Foam
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminum Foam Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Construction
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminum Foam Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Foam Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminum Foam Market Size Forecast by Type
13.6.1 Compressed Foam
13.6.2 Special Foam
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminum Foam Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Construction
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Foam Market: Competitive Dashboard
14.2 Global Aluminum Foam Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Reade
14.3.2 Cymat Technologies
14.3.3 ECKA Granules (Kymera)
14.3.4 Aluinvent
14.3.5 ERG Aerospace
14.3.6 Havel Metal Foam
14.3.7 American Elements
14.3.8 Aluminum King Company
14.3.9 Reade
