Aluminum Foam Market Report

Aluminum Foam Market Report

Aluminum Foam Market Report
Report code - SR3493 Delivery - 2 Weeks
Aluminum Foam Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opport See more...

Market Insights

“The aluminum foam market value was US$ 42.58 million in 2024 and is likely to grow at CAGR of 4.7% in the long run to reach US$ 56.1 million in 2030.”

Market Dynamics

Introduction

Aluminum foam, aluminum porous is the product formed by introducing gas into the molten aluminum or aluminum alloy to form a cellular structure material. The peculiarity of the material is that it has metallic properties but has a porous structure, which provides high stiffness-to-weigh ratios as well as high ability of energy absorption. Its low density ensures it find usage in aerospace, Automobile and construction industries where weight provides a key factor in determining the efficiency of the end product. Also, it is unique for high thermal conductivity, sound absorption, and fire resistance as compared to other available materials. It is also recyclable; this makes it to be among the green products on the market that should be encouraged by customers. Generally, the aluminium foam is classified into two based on the production process, which is the open cell foam and the closed cell foam, used for various uses. This is versatility has been the story of its expansion in function, from simply as an impact shield to in structures.

Recent Market JVs and Acquisitions:

A huge number of strategic alliances including M&As, JVs, etc. have been performed over the past few years:

  • In April 2022, CYMAT Technologies disclosed plans to raise plant output capacity, to step up to USD 75m, incrementally, and to introduce mechanisms to optimise cost policies, automation and new technology.

Recent Product Development:

  • In March 2023, CYMAT Technologies Ltd., has redesigned the product specifications of its Alusion™ aluminum foam to include architectural application-specific custom dimension panels in order to enhance design freedom.
  • In February 2023, ERG Aerospace Corporation creating a new high porosity Duocel® aluminum foam especially for high-performance heat exchange in aerospace industry.
  • In January 2023, the Mayser GmbH & Co. KG released new aluminum foam soundproofing panels that are ideal for industrial applications.

Segments Analysis

Segmentations

List of Sub-Segments

Segments with High Growth Opportunity

Type Analysis

Open-Cell Aluminum Foam and Closed-Cell Aluminum Foam.

Open-Cell Aluminum Foam is said to be dominating by Type of the market.

Application Analysis

Anti-Intrusion Bars, Heat Exchangers, Sound Absorbers, Filters and Others (Railway Buffers and Medical Implants).

Anti-Intrusion Bars is said to be dominating by Application of the aluminum foam market.

End-Use Industry Analysis

Automotive Industry, Construction & Infrastructure, Industrial and Others (Aerospace, Defense and Medical).

Automotive Industry is said to be dominating by End Use Industry of the aluminum foam market.

Region Analysis

Asia-Pacific, Europe, North America, and The Rest of the World.

Asia-Pacific is the largest and the fastest region for aluminum foam market.

By Type

Open-Cell Aluminum Foam is said to be dominating by Type of the market during the forecast period”.

  • The market is segmented into Open-Cell Aluminum Foam and Closed-Cell Aluminum Foam.
  • Aluminum foam is particularly open-celled because the continuous pockets of air and interconnecting pore channels provide optimal fluid and air permeability. This makes it suitable for uses where it is needed for heat dissipation, heat exchangers or as an acoustic insulation material in noisy industries. Their high area and energy dissipation characteristics make them highly functional in more challenging and stressful conditions.
  • Due to its physical characteristics, open cell aluminum foam is a more suitable material than a closed cell aluminum foam in areas such as vibration isolation and energy management in cases of impacts. These properties are especially useful in various application areas such as automotive due to necessities of safety and resilience. The properties of light weight but strong also makes open-cell foam the best material for a variety of uses.
  • Also, the design of the open cell aluminum foam is cheap to make as opposed to the closed cell foams. This affordability makes it suitable for use in large-scale industrial as well as consumer markets, which in a way supports its continued dominance in the aluminum foam market.

By Shape Type

Anti-Intrusion Bars is said to be dominating by Application of the market during the forecast period”.

  • The market is segmented into Anti-Intrusion Bars, Heat Exchangers, Sound Absorbers, Filters and Others (Railway Buffers, Medical Implants).
  • Anti-intrusion bars prevail because that corresponds to the paramount importance of improving vehicle safety during impacts. Crash forces are absorbed by the energy absorbing characteristics of aluminum foam, thus reducing impacts on passengers. This makes it a standard material in car safety systems.
  • Aluminum foam incorporated in the making of anti-intrusion bars is light in weight which is their advantages of adopting in automotive industry in production, efficiency, and optimal performance to meet fuel efficiency goals. In that regard, it addresses regulatory and market calls for downsized and more efficient vehicles by shaving off the overall weight of vehicles.
  • Other overriding safety measures and policies that require vehicles to be manufactured with good crash performance have also boosted the usage of anti-intrusions bars at the global stage. That aluminum foam is able to meet these demands has made it the most suitable material for this all-important use.

By End Use Industry Type

Automotive Industry is said to be dominating by End Use Industry of the market during the forecast period”.

  • The market is segmented into Automotive Industry, Construction & Infrastructure, Industrial and Others (Aerospace, Defense, Medical).
  • Automotive industry is the largest consumer of aluminum foam due to stringencies of global carbon foot printing that tends to push automakers looking for lighter materials in their vehicles. Such uses call for Aluminum foam, a material that is selected for new-age vehicles due to its properties that include strength and light weight.
  • Another factor is security which is another reason behind demand in this industry since aluminum foam is used in systems like anti-burglary bars and auto body parts. The energy absorption and shock damping also enhances the safety of the passengers during incidents which cause high stress.
  • The suitability of aluminum foam for the different automobile uses including thermal as well as sound insulation, enhances the significance of this material. As the largest user of aluminum foam, the automobile industry continues to demonstrate large volume production despite slight fluctuations.

 

Regional Analysis

Asia-Pacific is the largest and the fastest region for aluminum foam during the forecast period”.

  • Asian-Pacific dominates the market for aluminum foam because automotive, construction, and numerous industrial sectors are growing in countries such as China, India and Japan. These escalating sectors call for light, slender materials, which have aluminum foam as an indispensable component in production and construction.
  • The cardinal competitiveness of the region embracing cost advantage for production and availability of raw materials. This cuts production costs and in turn attracts investment and the simultaneous promotion of aluminum foam for different purposes.
  • Major infrastructural developments in Asia-Pacific countries also have added to the usage of aluminum foam in construction projects. Its application in sound insulation, thermal and light structuring foams makes it have a great future in this rapidly growing market.

Key Players

The market is partially fragmented across the region. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the aluminum foam market:

Here is the list of the Top Players (Based on Dominance)

  • ERG Aerospace Corporation
  • CYMAT Technologies Ltd.
  • Alantum
  • Liaoning Rontec Advanced Material Technology Co., Ltd.
  • Shanxi Putai Aluminum Foam Manufacturing Co., Ltd
  • Mayser GmbH & Co. KG
  • Aluminum King Co., Lt
  • Pohltec Metalfoam GmbH

Note: The above list does not necessarily include all the top players of the market.

Are you the leading player in this market? We would love to include your name. Write to us at [email protected]

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

The global aluminum foam market is segmented into the following categories. 

Aluminum Foam Market, by Type

  • Open-Cell Aluminum Foam (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Closed-Cell Aluminum Foam (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)

Aluminum Foam Market, by Application Type

  • Anti-Intrusion Bars (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Heat Exchangers (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Sound Absorbers (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Filters (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
    • Railway Buffers (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
    • Medical Implants (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)

Aluminum Foam Market, by End Use Industry Type

  • Automotive Industry (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Construction & Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
    • Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
    • Defense (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)
    • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and The Rest of the World)

Aluminum Foam Market, by Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

  • This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aluminum foam market realities and future market possibilities for the forecast period. 
  • The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
  • The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
  • This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
  • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
  • We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]

Aluminum foam is a newly developed metal material which has properties of light weight and full of pore, it is produced by means of injecting gas into the molten aluminum or its alloy. This development forms a cellular structure that integrates the mechanical properties of metal as well as the benefits of lower density and greater surface area. Aluminum foam is highly energy absorbent, thermally insulating as well as possess substantial sound attenuation characteristics, whereupon it can be applied widely in industrial and commercial uses. It can be used in business sectors of automobile, aerospace, construction, and medical fields. Besides, aluminum foam is reusable which will address environment and sustainability agendas.

The forecasted value of the Aluminum Foam market is expected to reach US$ 50.1 Million by 2030.

The aluminum foam market is estimated to grow at a CAGR of 4.8% by 2030, aluminum foam is positively welcomed by the automotive industry for it meets both safety and efficiency needs, such as lightweight and crash absorption. Likewise, in the constructing industry it is utilized for its thermal and acoustic insulation nature while in the aerospace industry for its light weight nature to save fuel. They make anvil for durability, increasing acceptability when there is a growing global emphasis on sustainability and energy efficiency across multiple industries.

The main market drivers are the global push for lightweight and sustainable materials. The automotive and aerospace industries are major contributors, as they require materials that improve safety while reducing weight. Stricter safety and environmental regulations are encouraging the adoption of aluminum foam for crash protection and energy efficiency. Furthermore, the material’s exceptional properties, such as energy absorption and sound insulation, drive its use in construction and industrial applications, broadening its market potential.

Asia-Pacific is the largest consumer of aluminum foam due to its a strong industrial platform and growing automotive as well as construction industries. Thus, the major automakers such as China, India and Japan have higher vehicle production and infrastructural development requirements which need lightweight and efficient segments. Together with that the true services of the buyers and well accessibility of ingot and stamped parts resources, further cement the region’s advantage of the biggest market. Also, the economic development across Asia-Pacific together with an increased investment on sectors that is relevant to the aluminum foam’s demand will continue to have strong demand on the product.

Asia-Pacific is the highest growing region in the aluminum foam market due to the need for new construction materials and for lightweight electric cars push the development of the market in Asian nations, particularly China and India. This growth is compounded by what Governments across the world are doing by investing more in infrastructures and Transport systems. The focus to implement sustainable and energy saved products in this region is in sync with the global environment objective to support the growth of aluminum foam market more than other regions.

ERG Aerospace Corporation, CYMAT Technologies Ltd., Alantum, Liaoning Rontec Advanced Material Technology Co., Ltd., Shanxi Putai Aluminum Foam Manufacturing Co., Ltd., Mayser GmbH & Co. KG, Aluminum King Co., Ltd., Pohltec Metalfoam GmbH are the leading players in the aluminum foam market based on dominance.

Open-cell aluminum foam is the leading segment by type of the market share because of the interconnected pores which improve energy absorption, heat transfer, and noise reduction. This makes it essential to uses such as heat exchangers, sound barriers, and filters, where those characteristics are important. This feature when combined with high surface area and low density explains why the material is widely used. Economic suitability in relation to closed-cell foam is another factor that also contributes to its increased appreciation, especially in civil industrial uses.