The metal foam market is growing at a CAGR of 4% from 2021 to 2027 and is expected to reach USD 113,633.66 thousand by 2027. The growing demand for lightweight materials for automobiles is the driving force of the market growth.
The growing demand for water and heat resistant products will increase the consumption of market-leading metal foam products. Meanwhile, fluctuations in the price of aluminum, which is used as a raw material for product production, also increases production costs, thereby acting as a constraint on the global metal foam market.
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Metal foam Market Segmentation
By Product
• Open cell
• Closed cell
By Material
• Aluminum
• Copper
• Zinc
• Titanium
By End-use Sector
• Automotive
• Aerospace
• Building & construction
• Healthcare
• Energy
• Others
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