Europe Metal Foam Market – Industry Trends and Forecast to 2030

Europe Metal Foam Market, By Type (Closed Cell Metal Foams, Open Cell Metal Foams and Stochastic Metal Foams), Material (Aluminium, Nickle, Copper, Zinc, Tool Steel, Titanium, Fecral, Nickle Chromium  and Others), Production Technology (Gas Injection, Solid-Gas Eutectic Solidification, Blowing Agents, Powder Compact, Ingots Containing Blowing Agent, Space Holder and Others), Metal Form (Melt and Powder), Application (Structural Application, Functional Application, Energy Absorption, Side Impact Bars, Energy Management, Sound Absorption, Thermal Management, Exhaust System, Low-Pressure Exhaust Gas Recirculation for Gasoline Engines (LP EGR), Compact Exhaust Heat Recovery System (EHRS), Anti-Intrusion Bars, Damping Structure, Filtration, Solid Insulation, Industrial Machines, Others), End-User (Automotive, Aerospace, Marine, Energy, Car, Building and Infrastructure, Construction, Aerospace and Defence, Consumer Goods, Nickle Chromium  and Others) - Industry Trends and Forecast to 2023 to 2030.

Europe Metal Foam Market Analysis and Size

Some essential factors contributing to the growth of the metal foam market in the forecast period of 2023 to 2030 include the rising metal foam demand from various application sectors such as automotive and construction, aerospace and defense, and other sectors. Along with this, metal foam offers numerous advantages, such as they are low weight, cost-benefit, and possess thermal conductivity which is significantly increasing the adoption of metal foams in Europe further driving the market’s growth.

Data Bridge Market Research analyses that the metal foam market which was USD 23,113.04 thousand in 2022, is expected to reach USD 33,121.55 thousand by 2030, growing at a CAGR of 4.6% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.22096.6

Europe Metal Foam Market Scope and Segmentation

Market Definition

Metal Foam is a gas-filled solid metal mass-produced for augmenting the performance properties of metals. Gas or space in the metal foam accounts for a huge share of the volume and metal foams can have open-cell, closed-cell structures, and stochastic metal foams which depend on the application and manufacturing procedure. Metal foam recollects the characteristics of base metal and is lightweight. Metal foams are widely used foams but they are majorly used in the nascent phase and few commercial applications.

Europe Metal Foam Market Dynamics

Drivers

• Increasing industrial use of metal foam

Metal foams are widely used in many different products in various industries. Metal foams have sponge-like interconnected pores which are highly used for absorption in various industries. Various features make them suitable materials for a number of applications such as heat exchangers, sound absorbers, catalysts, hydrogen storage, and filter elements, therefore, increasing the industrial use of metal foams which contributes to the market’s growth.

• Growing demand for lightweight vehicles

There is a growing demand for lightweight vehicles in the Europe region. The cars which are made using metal foams are lighter in weight and consequently are extra fuel efficient due to which it is widely preferred by people. Metal foams also ensure better vehicle and passenger safety due to the presence of damping and high shock-absorbing abilities in it. In addition, the material possesses outstanding properties such as great specific strength, stiffness, energy captivation, high-temperature resistance, and others. Therefore, the increasing inclination for lightweight vehicles is driving the market’s growth.

Opportunities

• Growing use of closed-cell foam metal foams

Closed-cell metal foams are mostly used in the automotive and aerospace sector as they are impactful, acoustic, and vibration absorbers. Closed cell metal foams help reduce the vehicle mass as the number of portions needed in the car frame is lesser. Along with this, people are shifting towards electric vehicles which use closed-cell metal foams widely. Along with this, the increased use of closed-cell foam owing to great rigidity and low density, and higher resistance to heat flow is driving the market’s growth.

• Metal foams are used as a potential substitute for bone implants

Metal foams are widely used as a potential substitute for bone implants as magnesium foams have displayed favorable applications in the biomedical sector. Metal foams hold higher biocompatibility as well as they are biodegradable. This property of magnesium makes magnesium foams beneficial in the improvement of bone implants that do not require surgical involvement for removal. Therefore, significantly contributing to the market’s growth.

Restraints/Challenges

• Issues in current production methods

There are several issues in the current production methods of metal foams. One of the major issues with current production methods of metal foams is they generate hollow cells with walls as thin as 10 micrometers (0.000393701 inches) thick and this further leads to several difficulties equally during the manufacturing process and after the completion of the manufacturing process, majorly when trying any type of repair. Thus, issues in the current production method are restraining the market’s growth.

• High generation of metal waste

The increasing demand for metal foams is continuously generating a lot of metal waste, which is worsening the environmental condition. The metals used in manufacturing are non-recyclable as well as are not treated particularly to decrease and avoid the spread of pollution. The waste from the metal foams manufacturing is dumped into fields and water bodies which further kills the water organisms and micro-organisms. Therefore, high generation of metal waste is a major challenge hindering the market’s growth.

This metal foam market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the metal foam market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In April 2022, Alvotech and STADA announced a collaboration to launch HUKYNDRA (AVT02) which is a citrate-free, high-concentration biosimilar. Its partnership includes a variety of biosimilars to treat autoimmunity and oncology conditions.
• In November 2019, ERG Aerospace announced its new Industrial Centre for research and development facility in Nevada. The product of the company which includes aluminum metal foam is useful in the Aerospace industry.

Europe Metal Foam Market Scope

The metal foam market is segmented on the basis of type, material, production technology, metal form, application, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Closed Cell Metal Foams
• Open Cell Metal Foams
• Stochastic Metal Foams

Material

• Aluminium
• Nickle
• Copper
• Zinc
• Tool Steel
• Titanium
• Fecral
• Nickle Chromium  
• Others
• Tantalum
• Tungsten

Production Technology

• Gas Injection
• Hydro/Alcan
• Solid-Gas Eutectic Solidification
• Gasar
• Blowing Agents
• Alporas
• Powder Compact
• Foaminal/Alulight
• Ingots Containing Blowing Agent
• Foam Grip/Foam Cast
• Space Holder
• Others

Metal Form

• Melt
• Powder

Application

• Structural Application
• Automotive Industry
• Railway
• Military
• Ship Building
• Bio-Medical
• Functional Application
• Sound Absorption
• Medical Laser Application
• Heat Exchanger
• Electro Chemical Application
• Architectural Application
• Energy Absorption
• Side Impact Bars
• Energy Management
• Sound Absorption
• Thermal Management
• Exhaust System
• Low-Pressure Exhaust Gas Recirculation For Gasoline Engines (LP EGR)
• Compact Exhaust Heat Recovery System (EHRS)
• Anti-Intrusion Bars
• Damping Structure
• Filtration
• Solid Insulation
• Industrial Machines
• Others
• Medical Implants

End-User

• Automotive
• Aerospace
• Marine
• Energy
• Car
• Building and Infrastructure
• Construction
• Aerospace and Defence
• Consumer Goods
• Healthcare  
• Others

Europe Metal Foam Regional Analysis/Insights

The metal foam market is analysed and market size insights and trends are provided by type, material, production technology, metal form, application, and end-user as referenced above.

The countries covered in the metal foam market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Germany dominates the metal foam market in Europe because of its rising demand for light weighted materials for manufacturing electric vehicles. Along with this, the country has several metal foam manufacturers contributing to the market’s growth in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Europe Metal Foam Market Share Analysis

The metal foam competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metal foam market.

Some of the major players operating in the metal foam market are:

• ERG Aerospace Corporation (U.S.)
• CYMAT Technologies Ltd. (Canada)
• Alantum (U.S.)
• Mott. (U.S.)
• LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO., LTD. (China)
• Mayser GmbH & Co. KG (Germany)
• Ultramet (U.S.)
• American Elements (U.S.)
• ANSYS, Inc (U.K.)
• SELEE (U.S.)
• Exxentis – Porous Aluminium (Switzerland) 
• Aluinvent Zrt. (Hungary)
• CVMR (Canada)
• Nanoshel LLC (U.S.)
• Shape Change Technologies LLC (U.S.)
• BASF SE (Germany)
• Havel metal foam GmbH (Germany)
• Spectra-Mat, Inc. (U.S.)
• VIM Technologies, Inc. (U.S.)