Ceramic Foams - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Ceramic Foams Market is accounted for $344.33 million in 2018 and is expected to reach $643.76 million by 2027 growing at a CAGR of 7.2% during the forecast period. Increasing use of ceramic foams in the metal casting application, demand for thermally insulated and soundproof materials in building & construction and Strict pollution control regulations are some of the factors fuelling the market growth. However, high cost associated with production of ceramic foams is one of the restraining factors for the market.
Ceramic foam is a type of foam made from ceramics. Ceramic foams are porous brittle materials with closed, fully open, or partially interconnected porosity. Ceramic foams consist of a wide range of ceramic materials, both oxide and monoxide. Ceramic foams are used in hot gas filters, interpenetrating composites, and biomedical applications as well as in thermal insulation, kiln furniture, and catalysts.
Based on End User, Foundry segment is likely to have a huge demand. The high demand for metal cast products from the foundry industry can be attributed to the increasing demand for consumer electronics, owing to technological advancements and changing needs of consumers that is expected to fuel the demand for efficient metal cast products for electronics production. These metal cast products are produced in the foundry industry, which utilizes ceramic foams for purification and filtration of metals.
By Geography, Asia Pacific is going to have a lucrative growth during the forecast period. Building & construction activities have increased exponentially in the past decade due to favorable demographics and a wide-scale manufacturing base in the region. The growth in metal casting production, especially in India and China, has propelled the demand for ceramic foams in the region.
Some of the key players profiled in the Ceramic Foams market include Vesuvius Plc (Foseco), Ultramet, SELEE Corporation, Saint-Gobain High-Performance Refractories, Pyrotek, LANIK S.R.O., Induceramic, ERG Aerospace, Drache GmbH, Boading Ningxin Cast Material Co., Ltd. and Filtec Precision Ceramics Co., Ltd.
• Zirconium Oxide
• Silicon Carbide
• Aluminum Oxide
• Titanium Oxide
• Others Types
• Thermal & Acoustic Insulation
• Molten Metal Filtration
• Furnace Lining
• Catalyst Support
• Automotive Exhaust Filters
• Other Applications
End User Covered:
• Food Industry
• Chemical Synthesis & Pollution Control
• Building & Construction
• Biological Materials
• Other End-Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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