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Middle East and Africa Metal Foam Market – Industry Trends and Forecast to 2030

Chemical and Materials

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Middle East and Africa Metal Foam Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Upcoming Report
  • Jun 2023
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Middle East and Africa Metal Foam Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 11,063.77 USD Thousand
Diagram Market Size (Forecast Year) USD 15,376.05 USD Thousand
Diagram CAGR %

Major Markets Players

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Middle East and Africa 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.

Middle East and Africa Metal Foam Market Scope and Market

Middle East and Africa 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, aerospace, marine, energy, car, building & infrastructure, construction, and other sectors. In addition, metal foam offers several advantages, such as they are less weight, affordable, and thermal conductivity due to which there is an increasing adoption of metal foams in the Middle East and Africa which drives the market’s growth.

Data Bridge Market Research analyses that the metal foam market which was USD 11,063.77 thousand in 2022, is expected to reach USD 15376.05 thousand by 2030, growing at a CAGR of 4.2% 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.

Middle East and Africa Metal Foam Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

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, Heathcare and Others)

Countries Covered

Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)

Market Players Covered

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.)

Market Opportunities

  • Metal foams used as a substitute for bone implants
  • Mounting use of closed-cell foam metal foams

Market Definition

Metal Foam refers to a gas-filled solid metal mass-produced for enhancing the performance properties of metals. Gas or space present in the metal foam accounts for a huge share of the volume. The metal foams are of three types open cell, closed cell structure, and stochastic metal foams which depends on the application and manufacturing procedure. Metal foam is lightweight and it recollects the properties of its base material. Metal foams are majorly used in the nascent phase and a few commercial applications.

Middle East and Africa Metal Foam Market Dynamics

Drivers

  • Growing industrial use of metal foam

Metal foams are widely used in various industries for several applications. Metal foams have sponge-like interconnected pores, these pores are highly used for absorption in various industries. Numerous features of metal foam make them appropriate materials for applications such as heat exchangers, sound absorbers, catalysts, hydrogen storage, and filter elements which is significantly contributing to the market’s growth.

  • Growing demand for lightweight vehicles

There is a growing demand for lightweight vehicles in the Middle East and Africa region. The cars made by using metal foams are lighter in weight and therefore are extra fuel efficient and widely opted for by people. Along with this, metal foams provide better vehicle and passenger safety owing to the presence of damping and high shock-absorbing abilities. In addition, the material has outstanding properties such as great specific strength, stiffness, energy captivation, high-temperature resistance, and others. Therefore, the growing demand for lightweight vehicles is driving the market’s growth.

Opportunities

  • The mounting use of closed-cell foam metal foams

Closed-cell metal foams are frequently used in the automotive and aerospace sector due to their properties such as they are impactful, acoustic, and vibration absorbers. Closed cell metal foams are supportive in reducing the vehicle mass as the number of portions desirable in the car frame is lesser. In addition, people are inclined towards electric vehicles which use closed-cell metal foams widely which boosts the market’s growth.

  • Metal foams used as a substitute for bone implants

Metal foams are extensively used as a potential substitute for bone implants as magnesium foams have exhibited favorable applications in the biomedical sector. Metal foams have higher biocompatibility along with this they are biodegradable. This significant property of magnesium makes magnesium foams advantageous for the improvement of bone implants which do not require surgical involvement for removal, thus boosting 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 in the current production methods of metal foams is they produce hollow cells with walls as thin as 10 micrometers (0.000393701 inches) thick and which creates several complications during the manufacturing process, mostly when any type of repair is tried. Along, with there are other issues as well which are hindering the market’s growth.

  • High generation of metal waste

The growing demand for metal foams is constantly producing a lot of metal waste, which is deteriorating the environmental condition day by day. The metals used in the manufacturing of metal foams are non-recyclable and they are not treated separately for decreasing and avoiding the spread of pollution. Along with this, the waste from the metal foams manufacturing is discarded into fields and water bodies which kills the water organisms and micro-organisms. Thus, the 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.

Middle East and Africa 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

Middle East and Africa 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 Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).

 U.A.E. dominates the metal foam market in the Middle East and Africa region because of the increasing construction activities in the country and surging demand of metal foams in other industries owing to its varied applications.

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 Middle East and Africa 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.)


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The Middle East and Africa Metal Foam Market is projected to grow at a CAGR of 4.2% during the forecast period by 2030.
The future market value of the Middle East and Africa Metal Foam Market is expected to reach USD 15376.05 thousand by 2030.
The major players in the Middle East and Africa 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), etc.
The countries covered in the Middle East and Africa Metal Foam Market are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
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