Global Ceramic Foams Market 2018-2022

Below are some of the key findings from the ceramic foams market research report

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Global ceramic foams industry overview

The increasing use of ceramic foams in metal castings is one of the key factors expected to trigger the market’s growth in the forthcoming years. Metal casting is a manufacturing process wherein molten or liquid metal is poured into a mold made of ceramic, metal, or sand containing a cavity which holds molten metal and forms complex shapes. All the major metal such as iron, zinc, aluminum, steel, magnesium, and copper-based alloys, can be made into castings. These metal castings find application in many markets like cars, mining, trucks, planes, pipes, oil wells, toys, space shuttles, wind turbines, and nuclear plants. Rapid urbanization in developing economies like India and Indonesia will lead to a rise in infrastructure development and housing construction, which will increase the demand for metal casting. Consequently, the ceramic foams market will register a CAGR of over 5% during the forecast period.

The increasing demand for ceramic foams from emerging economies is one of the key trends expected to gain traction in the market. Factors including the availability of cost-effective workforce, low transportation costs, relaxed government norms in the emerging economies have led to the shifting of many manufacturing facilities across the globe. The rapid increase in industrialization and economic developments in China, India, and Japan will further boost the ceramic foams market in the coming years. Also, ceramic foams offer high-performance acoustic insulation, catalytic support, and pollution control. Furthermore, the growth in the building and construction, chemical industries, and the electronics industry in emerging economies will further boost the ceramic foams market during the forecast period.

Top ceramic foams companies covered in this market research report

The ceramic foams market is moderately fragmented with companies focusing on leveraging technological advances to produce innovative ceramic foam products. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, the ceramic foams industry analysis report will aid clients to identify new growth opportunities and design innovative strategies for strengthening their position in the market.

The report offers a complete analysis of various companies including:

• Drache
• LANIK
• Porvair
• Saint-Gobain
• Vesuvius

Ceramic foams market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the Americas will account for the highest ceramic foams market revenue throughout the forecast period due to the increasing number of building restoration activities in the US and Canada. The APAC region, however, will contribute the fastest growth in the market due to the supporting government initiatives for protecting the environment coupled with the shift of manufacturing facilities to the region.

Ceramic foams market segmentation based on the type

• Silicon carbide
• Aluminum oxide
• Zirconium oxide
• Others

The silicon carbide type segment will contribute to the highest ceramic foams market revenue during the forecast period as it removes extra inclusions, ensures smooth laminar flow, and reduced tapped gases in liquid metal during the filtration process. Additionally, the report also provides an accurate prediction of the contribution of the various type segments to the growth of the ceramic foams market size.

Key highlights of the global ceramic foams market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the ceramic foams market during the next five years
• Precise estimation of the global ceramic foams market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the ceramic foams industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of ceramic foams companies

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