BASF SE, Goodfellow and Spectra-Mat, Inc. are Dominating the Global Metal Foam Market in 2019

Global Metal Foam Market is expected to grow with the CAGR of 4.3% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global metal foam market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global metal foam market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in March 2020, CYMAT Technologies Ltd. was informed of having concluded a non-brokered private investment fund of 561,538 units for gross proceeds of USD 182,500.00 at a price of USD 0.325 per unit subjected to TSX venture exchange acceptance. The benefits of the financing shall be used for the procurement of manufacturing facilities and general purposes of working capital. This funding funds our latest Alusion Plus architectural foam and the implementation of Alucoil's sandwich panel project in Spain.

BASF SE is the dominating player in global metal foam market. The other key players existing in the market includes CYMAT Technologies Ltd., Havel metal foam GmbH, Alantum Corporation, ERG Aerospace Corp., Hunan Ted New Material Co.,Ltd., BEIHAI COMPOSITE MATERIALS CO.,LTD., American Elements, EncocamLtd., hollomet GmbH, Freund GmbH, RVC Foams, Mayser GmbH & Co. KG, Exxentis, Spectra-Mat, Inc., Ultramet, Cnem Corporation, SELEE CORPORATION, Goodfellow, Liaoning ZhongSe New Materials Technology Co.,Ltd., and among others.

Metal Foam MarketBASF SE:

BASF SE headquartered in Ludwigshafen, Germany was founded in 1873. The company is engaged in the manufacturing of chemicals, plastics, performance products, and crop protection products, oil and gas for different industries. The company deals in various business segments such as surface technologies, materials, chemicals, industrial solutions, agriculture solution, nutrition & care, other out of which market focused segment is materials. The company deals in products under the categories as agriculture, automotive & transportation, chemicals, construction, electronics & electric, energy & resources, furniture & wood, home care and industrial & institutional cleaning solutions, nutrition, packaging & print, paints & coatings, personal care & hygiene, pharmaceuticals, plastics & rubber, pulp & paper, textile, leather & footwear out of which market focused category is automotive & transportation.

The company has wide global presence across the globe such as in Americas, Asia-Pacific, Middle East and Africa and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as BASF Agricultural Solutions GmbH (Germany), BASF Agricultural Solutions Seed GmbH (Germany), BASF Agro Trademarks GmbH (Germany), BASF Akquisitions GmbH (Germany) and among others.

Goodfellow:

Goodfellow headquartered in Huntingdon, U.K. and was founded in the year 1946. The company is engaged in the custom manufacturing and supplier of metals, alloys, ceramics, glasses, polymers, compounds, composites and other materials. The company offers wide range of product categories such as ceramics, polymers, metals, alloys, custom manufacturing under which metals is the market focused category. The company has its presence in the U.K., the U.S., France, Germany, and China.

Spectra-Mat, Inc.:

Spectra-Mat, Inc. is headquartered in California, U.S. The company is focused on manufacturing of products for electron emission and controlled expansion, thermal management material solutions. The company provides its products under the product categories such as thermal management, dispenser cathodes, radiation shielding parts, porous materials among which porous materials is the market focused category. The company has wide global presence in the U.S, China, Korea, Taiwan, Japan, India, and Italy.