Ceramic Foams Market is Expected To Witness Notable Gains| MarketsandMarkets™ Study
Ceramic foams are porous, lightweight materials made of ceramic material. Typically, they are created by combining a ceramic powder with a liquid foaming agent and curing the mixture. The resulting foam has a high porosity, making it lighter than other ceramic materials while also providing thermal insulation and acoustic dampening. Filtration, thermal insulation, soundproofing, fireproofing, and structural reinforcement are all applications for ceramic foams. They are increasingly being used in automotive and aerospace applications. Ceramic foams are becoming more popular as manufacturers seek more efficient and lightweight materials to use in their products. The global ceramic foams market is expected to reach USD 441.7 million by 2023, growing at a 5.2% CAGR.
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Ceramic Foams Market- Key Driving Factors
- Increasing Demand for Lightweight Materials: The popularity of ceramic foams is rising because of their low weight and strong temperature resistance. They are employed in a number of sectors, including aircraft, automotive, and petrochemical, where effective operations require the use of lightweight materials.
- Growing Industrial Applications: Many industrial uses, including filtration, insulation, sound absorption, and thermal management, call for the usage of ceramic foams. The construction, aerospace, and automotive industries rising demand is anticipated to fuel market expansion throughout the course of the projection period.
- Expansion of the Automotive Industry: The primary driver of the global ceramic foams market is anticipated to be the automotive sector. The automobile industry's increased need for lightweight materials like ceramic foams is causing the market to have a bright outlook.
- Rising Use in Filtration Systems: Ceramic foams are widely used in filtration systems due to their ability to retain particles and contaminants. The growing demand for clean air and water is driving up the demand for ceramic foams in filtration systems.
“Silicon carbide was the largest type of segment of the ceramic foams market”
Silicon carbide is a type of ceramic foam used for thermal insulation, structural strength, and soundproofing. It is also used in high-voltage, high-temperature applications. Silicon carbide foams have excellent properties such as high thermal conductivity, a high strength-to-weight ratio, good electrical insulation, and corrosion resistance. They are used in a variety of industries due to their advantageous properties, including automobile, aerospace, oil and gas, and chemical. As a result, silicon carbide represents the largest type segment of the ceramic foams market.
“Molten metal filtration was the largest application segment of the ceramic foams market.”
Ceramic foams are frequently used in molten metal filtration due to their high temperature resistance and low density, which allows them to effectively filter out impurities. They're also used for things like sound absorption, heat insulation, and energy storage.
“Foundry end-use industry segment led the ceramic foams market”.
The foundry industry has traditionally been the largest end-user of ceramic foams, as they are used in a variety of applications such as filtration, thermal insulation, and soundproofing. Ceramic foams are used in foundries to filter metal impurities from molten metal and to reduce metal temperature during casting. Ceramic foams are also used in the automotive industry for exhaust systems, as well as in metalworking for grinding and polishing. Ceramic foams are also used in the construction industry for insulation, soundproofing, and fireproofing.
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“APAC was the largest ceramic foams market.”
The Asia-Pacific region accounted for 37% of the global ceramic foams market, followed by Europe and North America. Because of rising industrialization, rising disposable income, and the presence of numerous manufacturers in the region, the APAC region is expected to continue to dominate the global ceramic foams market in the coming years. As a result, it is expected that growth in these industries will drive demand for ceramic foams in aluminum, copper, and iron casting applications.
Ceramic foams manufacturers such as Ultramet (US), Vesuvius Plc (UK), SELEE Corporation (US), ERG Aerospace Corp. (US), Saint-Gobain High-Performance Refractories (US), Pyrotek (US), Induceramics (US), LANIK s.r.o (Czech Republic), Drache GmbH (Germany), and Baoding Ningxin New Material Co., Ltd. (China) have been covered in the report.
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